Lancaster Suites Hotel Manila set to open Pagcor Gaming Rooms

Pagcor [Philippine Amusement & Gaming Corporation] and Bykes @ Lancaster Suites Hotel Manila, will be setting up a Recreational Gaming operation with 70 slot machines at the Hotel's Mezzanine level and 400 slots at the Hotel's Lower Ground Level to be opened before Christmas 2011

Lancaster Suites Manila offers both Condotel Rentals and Condotel Investment Sales with Guaranteed Rental Income. All Lancaster Atrium Residential [are sold as Condotel Fitted & Furnished Suites] Suites for clients intending to enroll units in the Condo Hotel Rental Pool including all required items of Condo Hotel furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc with 6% minimum Guaranteed Rental Income.

Turnover of units Lancaster Atrium will be from December 2012.

The Lancaster Atrium Guaranteed Rental Income units come fully furnished, fully fitted to condotel standards with a guaranteed minimum rental income of –Pph-600/sqm per month for 5 years which represents a 6% ROI on the unit purchase depending upon the terms of payment selected by the buyer.

The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] at a minimum 6% ROI per annum for 5 years as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences.

All units at Lancaster Atrium have basic kitchen facilities. The GRI Condotel units are fully furnished and fitted ready for Hotel rental operations. For Available Unit Listings please Email for details.

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Direct Line: Local 032 340 0721
Direct Line: International [+63 32] 340 0721
Mobile: Local [0922] 858 7027 [0916] 650 9783
Mobile: International [+63] 922 858 7027 [+63] 916 650 9783
Email: plcsales@lancastersuites.com
Web: http://www.lancastersuites.com/ [Lancaster Condotels]

Doomsters attempt to pour cold water on the Philippine Investment Property Market

Despite the usual press releases and denials from so called international property managers and purveyors of doom, demand for investment property in the Philippines will not dry up.

The Philippines remains one of the preferred markets in the South-East Asia where mid-range property prices are only 20-30% of those found in London, New York, Paris. Demographics of property buyers in the Philippines are substantially different from nearly all other countries and encompass a growing trend of foreign retirees from all over the world whom take advantage of the relatively low cost of living, lower medical expenses and tropical climate thanks to the efforts of the Philippine Retirement Authority.

Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for the Lancaster Brand of Condo Hotels in the Philippines said whilst the low end mass housing domestic market may take a hit due to thousands of lay offs and redundancies in the electronics export manufacturing sectors of industry, the mid and high end luxury real estate sector will not experience a lowering of demand simply because there are very few factory workers whom buy this kind of real property in the Philippines.

Philippine Bank’s are awash with cash and lending to property developers, end users and consumer financing is not affected by any external global crisis. Non-resident or resident Foreign Nationals married to Filipino Citizens can avail of mortgage loans. Philippine developers grant no-qualification extended payment terms or ‘In-house’ financing for all buyers of off plan or pre-construction properties.

There continues to be a fairly limited supply of new property in all sectors of the market. High level demand for mid and low range housing and condominium units from both overseas and local buyers. Continued low supply of office and commercial properties and despite a steady increase in Tourism related development there is still a low supply of Hotel rooms and accommodation in the Country.

Much fuss in the press is made about overseas Filipinos doom and gloom and a supposed slow down in buying property back home but these people are not the only buyers of real estate and many are selling up and abandoning the gloom and doom in the US and elsewhere and returning to live and buy property in the Philippines. More over, overseas Filipino workers are not affected by the Global Credit Crisis as, in the majority; they are not employed in manufacturing sectors but in medical services as nurses, care givers and med-tech assistants. Thousands of Filipinos continue to leave for abroad every month and are still the preferred choice for seamen and in the services industry and inward remittances from this sector remain on the increase.

There is an immediate demand for residential property at all property price ranges. Foreign nationals will continue to be attracted to property in the Philippines because of its relative low cost of living and political stability. The best investment returns are actually going to come out of Asia and emerging markets - the US's day in the sun is certainly over. Investors are moving to new areas to find value said Collingz "More and more of clients for buy-to-let Condo Hotel Investments are coming from the UK and the Middle East. There has been a distinct market shift from US based clients over the past few months and we see that trend continuing throughout 2011 well into 2015.

“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, 100% financing availability and easy no down payment options available for our Condo Hotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condo Hotel Investments where they can use the Condo for vacations and rent it out through our In-House Condo Hotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 6-8 percent depending upon the mode of payment for the unit”

Collingz maintains the global crisis presents itself as an opportunity for the country to put its best foot forward and be noticed. We just have to do what we have to do, and rise to the occasion. As luck would have it, the global credit crunch tends to highlight the unique advantage of the Philippines as a destination for foreign investments and tourism. It is just a matter of marketing the country all the more vigorously. We have to find alternatives to whatever markets or foreign investors that we may lose. And we will get them in droves. If you know your trade and you are offering a good product “the market is here to stay so why rock the boat” she said, even as she advised investors to become more astute in their choice of investments.

“People have to realize that markets, especially in real estate, go in 10 year repetitive cycles. Compared to today’s situation, we have had far worse to contend with in the past two cycles the real-estate industry in the Philippines and South-East Asia in general, has experienced. It was by far worse times during the late ’80s and the devastating effects of the Asian financial crisis near the end of the ’90s with a very limited market base” said Collingz.

With the arrival of the internet and communications technology, the whole world suddenly became our market in the Millennium. It is now a global market and with our Condo Hotel developments, sales volume from among near 15 million Filipinos abroad combined with foreign investors from Asia, Europe and the Middle East, remains on the increase.

In order to maintain sales momentum, current marketing trends simply have to change. If you compare the situation in the late ’80s to today, people forget the telex machine had just become redundant and communication was limited to sending a fax offer to buy real estate. A top of the line computer was Apple IIE. Cellular phones were few and far between and the internet was not even around. Ergo, Philippine real-estate investors were merely comprised of wealthy local Chinese businessmen.

During the late 90’s Asian Crisis, not many people used the internet. Now it’s 2009 and a very different ballgame. Today’s technology, unheard of 15 to 20 years ago, has for the most part contributed to sales and marketing efforts of developers and will continue to do so. It is the communication factor that will drive sales of Philippine real estate upwards through 2011 well into 2015 and beyond. Now I receive daily calls and numerous emails from prospective buyers in Australia, Hawaii, New York, Doha, Dubai and the UK. I even get calls from clients located in Fiji and Mauritius. During the previous crisis years I didn’t get any. To maintain sales, its really a simple matter of being organized, having a great development to market with global appeal, an excellent developer, focus, mind set, intelligence, time, enthusiasm and dedication said Collingz.

Whilst some agents dwell on the number of Philippine properties bought by Filipinos based in the US has began to fall because of the credit crunch, it is a blow but not significant as there are new investment clients out there and we do not focus on the US as a sole marketplace for our sales said Collingz.

“Global investors are looking to replace failed pension plans and other future saving schemes with a solid investment in real estate. Many are looking for investments that will give them an income for retirement. Savvy investors are now looking for a more solid investment with potential for monthly income and Philippine Condo Hotel investments are ideal because Philippine Hotel rates are the same if not more expensive than those in the US or Europe but the entry level to purchase real estate is only about 20% of what you would have to pay for a Studio in Manhattan” credit crunch or not she added.

Further fuelling real estate development is the fact the Philippines remains undiscovered as far as British and many European investors are concerned. Yet because of its close links to the US, English is widely spoken and it is well regarded for its people, affordable living, beaches and diving. It’s a whole new market enthused Collingz. “Buying property here is easier than many people think and investment from overseas in tourism real estate is growing, especially in the resort areas of Cebu and Manila itself where rental potential is good”.

However, anyone considering Philippine Real Estate Investments should move at this moment and lock in at current price levels said Collingz. Buyers whom reserve now can take advantage of current prices locked in for their units and see an immediate equity return on their investment said Collingz.

Thanks to the Philippine real estate sectors own safety nets for installment sales; to our conservative banking system for adhering to sound policies that limit exposure to high-risk ventures, thus minimizing their non-performing loans and assets; to the government for its commitment to continue stimulating and pump-priming the economy while keeping inflation in check. All these amount to continued rise in real estate, housing and construction projects in the Country today.

Pacific Concord Properties Inc recently launched Guaranteed Rental Income [GRI] Investment Suites for their Lancaster Atrium Condotel development located along Shaw Boulevard, Metro Manila. Philippines.

Beth Collingz, PLC International Marketing Networks Director for Overseas Sales and Lead Marketing Partners with Pacific Concord Properties Inc., owner and developer of the Lancaster Brand of Condotels in the Philippines said the Lancaster Atrium Guaranteed Rental Income units come fully furnished, fully fitted to condotel standards with a guaranteed minimum rental income of –Pph-600/sqm per month for 5 years which represents a 6% ROI on the unit purchase depending upon the terms of payment selected by the buyer.

Lancaster – The Atrium Executive Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,873,943.58. Installment Price -Pph-3,221,875.36 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-88,802.89. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,959,432.06. Installment Price -Pph-3,316,862.56 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-91,440.63. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 32.50sqm [350sqft] Cash Price -Pph-3,303,967.68. Installment Price -Pph-3,703,960.00 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-102,193.33. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished One Bedroom Condotel Suites. Floor Area 44.41sqm [469sqft] Cash Price -Pph-4,919,167.09. Installment Price -Pph-5,465,741.21 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-151,131.70. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished Two Bedroom Loft Type Condotel Suites. Floor Area 75.84sqm [800sqft] Cash Price -Pph-8,629,917.33. Installment Price -Pph-9,588,797.03 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-265,661.03. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] at a minimum 6% ROI per annum for 5 years as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.

Collingz said all units at Lancaster Atrium have basic kitchen facilities. The GRI Condotel units are fully furnished and fitted ready for Hotel rental operations. Foreign Nationals may also apply for the Philippine Retirement Visa through the purchase of Lancaster Condotel Suites.

Further information on Philippine Condo-hotel investments may be obtained from:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Direct Line: [+63 32] 340 0721
Cell Phone: 0916 650 9783 / 0922 858 7027
Cell Phone: International [+63] 916 650 9783 / 922 858 7027
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/ [Lancaster Condotel Investments]
Web: http://www.condotel-manila.com/ [Lancaster Suites Condotels]
Web: http://www.condotel-sales.com/ [Lancaster Atrium Condotel]

Philippine Condotels and Property Investments Boosted by Credit-Crunch?

The Philippine Real Estate sector count blessings as slower growth and higher inflation amidst the global financial crisis highlights the advantages of real estate and other investments in the Philippines.

Beth Collingz, overseas sales director of PLC International and lead marketing partners for Pacific Concord Properties Lancaster Brand of Condo Hotels in the Philippines said a lot of criticism has been leveled at Philippine banks conservative lending policies. It is a tightly controlled industry dominated by only a few banks and their lending habits have been severe, particularly since the 1997 Asian crisis, and that has hindered the country’s economic growth at times. Ironically, the global credit crunch tends to highlight the unique advantage of the Philippines as a destination for foreign investments and tourism, and a preferred source of imports and skilled labor. However, these policies are why the Philippines will not face the same state of affairs that are occurring in the United States and Europe today.

Failures in the Philippine banking system that were seen as a result of the Asian crisis are almost impossible now given the size of the remaining banks that have grown and consolidated over the past 15 years. The Philippine bank’s ratio of non performing loans is minimal due to tight lending rules and very high collateral requirements is a really a blessing is disguise said Collingz.

Philippine banks can weather the current global financial storm. The US and UK property sector financial problems are caused in the main by overfed and unrealistic real-estate markets. Property developers simply borrowed easy funds from numerous financial institutions and built too many units that went unsold, dragging down prices. Moreover, mortgages for property purchases were easy, creating mock buyers unlike the Philippines where property developers, since the Asian crisis, rarely break ground for a project until at least 60% of units are pre-sold eliminating oversupply and empty buildings of unsold units. Collingz said “you cannot buy property in the Philippines with a smile, a whistle and empty pockets. Philippine real-estate lenders require something uncommon to US buyers and that is a substantial cash up-front down payment”

The World Bank said in a quarterly report that the Philippines is in a better position to weather the uncertainties brought about by the recent global slowdown given the fiscal and other reforms it has undertaken in the last several years. The report cited a strong performance in private investments and construction, better-than-expected crop harvests, higher production in manufacturing and continued remittances from the millions Filipinos working overseas.

The World Bank still projects gross domestic product to slow to 3.0 to 4.0. Despite the twin challenges of slower growth and higher inflation, the situation is expected to remain manageable. The World Bank stressed the need for the Philippine government to improve tax collections, saying such revenues were crucial for increased infrastructure spending and the social safety nets Manila was planning to sustain growth and protect vulnerable sectors. Recent reforms carried out in Manila have also won praise from the International Monetary Fund and the World Bank.

While many people abroad are losing their homes because of sub prime mortgage fiasco, on the other hand, decent mass housing units are cropping up across the Philippine urban centers. The Philippine government has decided to stop borrowing money from abroad for new infrastructure and development projects but to finance them locally as the government’s fiscal position has improved over the years.

With the credit crunch now hitting Europe, Property Investors are looking away from concentrated property areas like Paris and London's West End to other markets all over the world, and Philippine Apart-Hotel, Condo Hotel or Buy-to-Let rental properties fit the bill said Collingz. Institutional investors are trying to diversify their property portfolios through areas like Southeast Asia - with the Philippines heading the list, then Thailand, Singapore and China property investments featuring in some portfolios.

The best investment returns are actually going to come out of Asia and emerging markets - the US's day in the sun is certainly over. Investors are moving to new areas to find value said Collingz "More and more of clients for buy-to-let Condo Hotel Investments are coming from the UK and the Middle East. There has been a distinct market shift from US based clients over the past year and we see that trend continuing throughout 2011 well into 2015.

“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, 100% financing availability and easy no down payment options available for our Condo Hotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condo Hotel Investments where they can use the Condo for vacations and rent it out through our In-House Condo Hotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 8 percent depending upon the mode of payment for the unit”

Collingz maintains the global crisis presents itself as an opportunity for the country to put its best foot forward and be noticed. We just have to do what we have to do, and rise to the occasion. As luck would have it, the global credit crunch tends to highlight the unique advantage of the Philippines as a destination for foreign investments and tourism. It is just a matter of marketing the country all the more vigorously. We have to find alternatives to whatever markets or foreign investors that we may lose. And we will get them in droves. If you know your trade and you are offering a good product “the market is here to stay so why rock the boat” she said, even as she advised investors to become more astute in their choice of investments. “Common sense in today’s market dictates to look at the pricing trend of a preconstruction development; if the prices are the same today as they were 6 months ago chances are the project will suffer”.

“People have to realize that markets, especially in real estate, go in 10 year repetitive cycles. Compared to today’s situation, we have had far worse to contend with in the past two cycles the real-estate industry in the Philippines and South-East Asia in general, has experienced. It was by far worse times during the late ’80s and the devastating effects of the Asian financial crisis near the end of the ’90s with a very limited market base” said Collingz.

With the arrival of the internet and communications technology, the whole world suddenly became our market in the Millennium. It is now a global market and with our Condo Hotel developments, sales volume from among near 15 million Filipinos abroad combined with foreign investors from Asia, Europe and the Middle East, remains on the increase.

In order to maintain sales momentum, current marketing trends simply have to change. If you compare the situation in the late ’80s to today, people forget the telex machine had just become redundant and communication was limited to sending a fax offer to buy real estate. A top of the line computer was Apple IIE. Cellular phones were few and far between and the internet was not even around. Ergo, Philippine real-estate investors were merely comprised of wealthy local Chinese businessmen.

During the late 90’s Asian Crisis, not many people used the internet. Now it’s 2011 and a very different ballgame. Today’s technology, unheard of 15 to 20 years ago, has for the most part contributed to sales and marketing efforts of developers and will continue to do so. It is the communication factor that will drive sales of Philippine real estate upwards through 2011 well into 2015 and beyond. Now I receive daily calls and numerous emails from prospective buyers in Australia, Hawaii, New York, Doha, Dubai and the UK. I even get calls from clients located in Fiji and Mauritius. During the previous crisis years I didn’t get any. To maintain sales, its really a simple matter of being organized, having a great development to market with global appeal, an excellent developer, focus, mind set, intelligence, time, enthusiasm and dedication said Collingz.

Whilst some agents dwell on the number of Philippine properties bought by Filipinos based in the US has began to fall because of the credit crunch, it is a blow but not significant as there are new investment clients out there and we do not focus on the US as a sole marketplace for our sales said Collingz.

“Global investors are looking to replace failed pension plans and other future saving schemes with a solid investment in real estate. Many are looking for investments that will give them an income for retirement. Savvy investors are now looking for a more solid investment with potential for monthly income and Philippine Condo Hotel investments are ideal because Philippine Hotel rates are the same if not more expensive than those in the US or Europe but the entry level to purchase real estate is only about 10% of what you would have to pay for a Studio in Manhattan” credit crunch or not she added.

Further fuelling real estate development is the fact the Philippines remains undiscovered as far as British and many European investors are concerned. Yet because of its close links to the US, English is widely spoken and it is well regarded for its people, affordable living, beaches and diving. It’s a whole new market enthused Collingz. “Buying property here is easier than many people think and investment from overseas in tourism real estate is growing, especially in the resort areas of Cebu and Manila itself where rental potential is good”.

However, anyone considering Philippine Real Estate Investments should move at this moment and lock in at current price levels said Collingz. Buyers whom reserve now can take advantage of current prices locked in for their units and see an immediate equity return on their investment said Collingz.

Thanks to the Philippine real estate sectors own safety nets for installment sales; to our conservative banking system for adhering to sound policies that limit exposure to high-risk ventures, thus minimizing their non-performing loans and assets; to the government for its commitment to continue stimulating and pump-priming the economy while keeping inflation in check. All these amount to continued rise in real estate, housing and construction projects in the Country today.

Pacific Concord Properties Inc recently launched Guaranteed Rental Income [GRI] Investment Suites for their Lancaster Atrium Condotel development located along Shaw Boulevard, Metro Manila. Philippines. The Lancaster Atrium Guaranteed Rental Income units come fully furnished, fully fitted to condotel standards with a guaranteed minimum rental income of –Pph-600/sqm per month for 5 years which represents a 6% ROI on the unit purchase depending upon the terms of payment selected by the buyer.

Lancaster – The Atrium Executive Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,873,943.58. Installment Price -Pph-3,221,875.36 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-88,802.89. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,959,432.06. Installment Price -Pph-3,316,862.56 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-91,440.63. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 32.50sqm [350sqft] Cash Price -Pph-3,303,967.68. Installment Price -Pph-3,703,960.00 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-102,193.33. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished One Bedroom Condotel Suites. Floor Area 44.41sqm [469sqft] Cash Price -Pph-4,919,167.09. Installment Price -Pph-5,465,741.21 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-151,131.70. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished Two Bedroom Loft Type Condotel Suites. Floor Area 75.84sqm [800sqft] Cash Price -Pph-8,629,917.33. Installment Price -Pph-9,588,797.03 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-265,661.03. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] at a minimum 6% ROI per annum for 5 years as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.

Collingz said all units at Lancaster Atrium have basic kitchen facilities. The GRI Condotel units are fully furnished and fitted ready for Hotel rental operations.

Further information on Philippine Condo-hotel investments may be obtained from:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Direct Line: [+63 32] 340 0721
Cell Phone: 0916 650 9783 / 0922 858 7027
Cell Phone: International [+63] 916 650 9783 / 922 858 7027
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/ [Lancaster Condotel Investments]
Web: http://www.condotel-manila.com/ [Lancaster Suites Condotels]
Web: http://www.condotel-sales.com/ [Lancaster Atrium Condotel]

Lancaster Atrium Manila Philippines Furnished Condotel Guaranteed Rental Income Investment Suites

Pacific Concord Properties Inc recently launched Guaranteed Rental Income [GRI] Investment Suites for their Lancaster Atrium Condotel development located along Shaw Boulevard, Metro Manila. Philippines.

Beth Collingz, PLC International Marketing Networks Director for Overseas Sales and Lead Marketing Partners with Pacific Concord Properties Inc., owner and developer of the Lancaster Brand of Condotels in the Philippines said the Lancaster Atrium Guaranteed Rental Income units come fully furnished, fully fitted to condotel standards with a guaranteed minimum rental income of –Pph-600/sqm per month for 5 years which represents a 6% ROI on the unit purchase depending upon the terms of payment selected by the buyer.

Lancaster – The Atrium Executive Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,873,943.58. Installment Price -Pph-3,221,875.36 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-88,802.89. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,959,432.06. Installment Price -Pph-3,316,862.56 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-91,440.63. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Premiere Furnished Condotel Studio Suites. Floor Area 32.50sqm [350sqft] Cash Price -Pph-3,303,967.68. Installment Price -Pph-3,703,960.00 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-102,193.33. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished One Bedroom Condotel Suites. Floor Area 44.41sqm [469sqft] Cash Price -Pph-4,919,167.09. Installment Price -Pph-5,465,741.21 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-151,131.70. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

Lancaster – The Atrium Furnished Two Bedroom Loft Type Condotel Suites. Floor Area 75.84sqm [800sqft] Cash Price -Pph-8,629,917.33. Installment Price -Pph-9,588,797.03 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-265,661.03. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.

The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] at a minimum 6% ROI per annum for 5 years as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.

Collingz said all units at Lancaster Atrium have basic kitchen facilities. The GRI Condotel units are fully furnished and fitted ready for Hotel rental operations.

Further information on Philippine Condo-hotel investments may be obtained from:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Direct Line: [+63 32] 340 0721
Cell Phone: 0916 650 9783 / 0922 858 7027
Cell Phone: International [+63] 916 650 9783 / 922 858 7027
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/ [Lancaster Condotel Investments]
Web: http://www.condotel-manila.com/ [Lancaster Suites Condotels]
Web: http://www.condotel-sales.com/ [Lancaster Atrium Condotel]

Financing your Buy to Let Condo Hotel Unit in the Philippines

A condo hotel is a great way to own a vacation home without the traditional hassles of ownership such as property maintenance and finding renters when you're not using it with Philippine Buy-to-Let Condo-Hotel Rooms for 0% Down Selling Like Hot Cakes in the UK

In just a few weeks, Philippine condo-hotel room investment specialists PLC International have sold almost €1.5 million worth of luxury hotel rooms at Lancaster Condotels Manila. Buy to let investors keen on finding outstanding finance deals have been attracted to the 3 year payment offer of 100% finance. These condo-hotel rooms can be bought for as little as £39,000 and are expected to generate a minimum Guaranteed Rental Income of 6% up to 8%+ ROI per annum depending upon the mode of payment for the suites.

Beth Collingz, PLC International Marketing Networks Director for Overseas Sales and Lead Marketing Partners with Pacific Concord Properties Inc., owner and developer of the Lancaster Brand of Condotels in the Philippines said the new 3 year payment plan, that is open to all buyers of Lancaster – The Atrium Guaranteed Rental Income furnished Condo Hotel Suites whether local or foreign, is so easy to process – merely having to make a *Reservation Fee of Philippine Pesos [PHP] 25,000 for each residential unit and parking slots, *No Down payment payable in 36 equal monthly installments without interest.

The Lancaster Suites Manila Atrium will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] of some 6%+ ROI per annum for the first 5 years of operations as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.

Collingz said units at Lancaster Suites have basic kitchen facilities. The standard unit price [Semi Fitted Suites] provides for the suite to be semi-finished but not fully furnished or fitted. Included in the current standard basic price for the ‘Semi-Fitted’ units are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area tiled floorings and lower kitchen cabinets/work tops installed. Ceilings and walls are painted cement finish, whilst buyers can also avail of fully furnished suites for clients intending to join the Condotel rental pool.

Pacific Concord Properties Lancaster Condotel developments have been accepted as property investment projects in the UK SBQ property & Land SIPP portfolio after extensive research provided through an independent firm of Business Management & Marketing Consultants with all due diligence completed by independent UK Solicitors. The UK based SBQ Property & Land SIPP [Self Invested Pension Plan] portfolio is being handled by our UK marketing partners Graham Stuart & Associates said Collingz and is a low cost tax efficient structure that has been designed for those people who want to take control of their pension savings and are looking for a strategy that will generate an income any time after the age of 55.

Graham Stuart of Graham Stuart & Associates, based in Bolton UK said SBQ Property & Land SIPP portfolio now includes Philippine Condo Hotel rental income properties within its allowable framework as accepted investments in the [SIPP] Self-Invested Personal Pension Plans. It’s a tax efficient pension strategy for UK investors in Philippine condotel investments for entrepreneurial minds.

Stuart said some of the benefits of the SIPP is you can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes [SASS] into the SIPP. You can have a SIPP as well as contribute to your Company pension fund. If you are self employed you can invest up tom 100% of your earnings [up to GBP £225,000.00] into to SIPP. On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through their tax return and with a SIPP you can draw an income from your personal pension fund and continue working.

With the SBQ property & Land SIPP you can also draw at least 25% of your fund as a tax free cash lump sum and leave the remainder invested until you need an income continued Stuart. If you die before using your SBQ Property & Land SIPP funds the balance can be passed to your relatives or other selected beneficiaries. Through the SBQ Property & Land SIPP you can purchase property or land assets available with the portfolio. Any remaining cash surplus [or rental income] within your SIPP will be held in an interest bearing account that generates you 6.1% interest.

Stuart pointed out the limits of a conventional SIPP being that normally, conventional SIPPS are restrictive with the provider only allowing a limited range of assets to be held such as Cash, Stock and Shares [with one investment manager] Insured arrangements [e.g. Trustee Investment Plans and Bonds, Units in an Authorized Unit Trust Scheme, Shares in an Open Ended Investment Company or a freehold or leasehold interest in ‘Commercial’ property whilst the advantages of the SBQ Property & Land SIPP is a low cost tax efficient structure for individuals and owner-managed private businesses who are looking for more flexible options and who want to take control of their own financial future. It is managed by the leading lights in UK Pension Law and has been skillfully structured to enable investors to hold a wider range of assets within the allowable framework of the SIPP. The structure also allows you to transfer existing pension funds [including paid up pension funds] protected rights money and SSAS funds into the SBQ Property & Land SIPP said Stuart.

What makes the SBQ Property & Land SIPP different is that it already contains a unique portfolio of property and land investments that give you the ability to ‘gear up’ your pension fund. In the Philippines you can purchase an Apart-Hotel property with guaranteed rental income. Collingz said that Graham Stuart & Associates have been working to have the Lancaster brand included within the allowable investment structure of the SBQ Property & Land SIPP portfolio of Apart-hotels. These apart-hotel or condotel investments provide capital growth with a guaranteed return income. If you're considering using your SIPP to invest in real estate, there are some excellent reasons why you should choose Philippine apart-hotel or condotel investment real estate to drive your retirement portfolio into high profit margins.

The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts – and a SIPP is simply another form of trust. "Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It's still possible to buy a pre-completion Condotel suite at Lancaster – The Atrium located in Metro Manila, Philippines, from only GBP £39,000.00" said Collingz.

"The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP £39,000 Condotel suite may set you back only GBP £250 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and the 8-14% returns through rental income through the Condotel advantage, you have a good ROI on a purchase of Philippine Condotel investment real estate" enthused Collingz.

What's the downside about owning Philippine Condotel Investment real estate as an SIPP investment? You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. The self directed pension plan rules about benefiting personally from your investments are strict - you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax-protected status and worse yet you could face penalties from HM Customs & Excise. You can, however, rent out your SIPP investment for steady income - putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP.

If you're looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your SIPP earnings into high gear.

With slowdown of the UK housing market and failing pension plans, many investors are turning to using their SIPP's to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units.

With preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment.

Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. "Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill"

The SBQ Property & Land SIPP is regulated by the FSA and administered by an independent SIPP trustee Company. It provides a simple “tax efficient wrapper” for those wanting to maximize their own pension planning strategy. The carefully selected property investments within the portfolio have all due diligence carried out by an independent firm of UK Solicitors who handle the purchase process.

Philippine condotel investments can also be purchased without using a SIPP.

For further info regarding Philippine Condo Hotel Investments using your UK SIPP [Self-Invested Pension Plan] please do not hesitate to contact us....

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu +63 32 340 0721
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/

Lancaster Suites Manila Condotel given Best Managed Property Award

FPD Asia Property Services have presented the Lancaster Suites Manila Condotel with its prestigious Certificate of Nomination Y2010 Best Managed Property Award. FPD is the country’s leading property management firm with over 2 million square meters of gross floor area (GFA) in its managed portfolio, and a pioneer in real estate property management services industry.

Beth Collingz, International Marketing Director of PLC Global an internet based sales and marketing company and lead marketing partners with Pacific Concord Properties, Inc., for the Lancaster Brand of Condo Hotels in the Philippines, said property is all about location. Lancaster Suites, centrally located along Shaw Boulevard, Metro Manila some 200 meters from EDSA-Shaw Boulevard Light Rail Transit Station and the Ortigas Center business district, provides guest access to its own unique Mini Mall feature with prerequisites of the urban dweller. Schools, hospitals, banks, restaurants, shopping malls, and leisure are all found within a few minutes from the condo hotel.

Lancaster Suites, a mere 5 minutes from such Ortigas landmarks as the SM Mega Mall, Shangri-La Mall, Edsa Plaza Hotel, and the Asian Development Bank, San Miguel Corporation and Banco de Oro Head Office, provides you with easy access to all the essentials of urban living. This ideal location will complement the condo hotel operation since Lancaster Suites Manila will function as a condominium hotel – a preferred accommodation choice of businessmen and holiday travelers alike. Clients can either purchase condo hotel suites for investment purposes or lease the units on weekly, monthly or yearly basis.

Clients wishing to purchase units may do so and we currently have a few Executive Studio Suite and One-Bedroom Suites available at Lancaster Suites at Pre-Operational Prices that are “ready for occupancy” at the current price said Collingz.

All units at Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the price are interior finishing’s such as tiled and semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture’s, furnishings, air-conditioning, lighting fixtures and appliances will be available towards the time the units are closer to being completed. Monthly maintenance fees are currently around 80 pesos/square meter of the unit floor area/month.

Metro Manila remains a popular choice with international buyers and institutional investors. Collingz says clients tell her that it makes more sense to buy in a year-round vacation destinations and business centers. Lancaster - The Atrium Condo Hotel developments by Pacific Concord Properties located in Shaw Boulevard, Metro Manila - fits the bill with all it offers to International buyers.

Accessibility is also a factor. “Flights from London to Manila, for example, average just 16 hours, add to that the many airline specials and it’s easy to see why this area is becoming an international community.” Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with its flagship Lancaster Condo Hotel Developments fit’s the bill enthuses Collingz.

Lancaster Suites Manila Shaw Boulevard Ready Occupancy Fully Furnished Buy to Let Serviced Condotel Apartments with 10 Year Payment Terms available

Studio Condotel Suite. Floor Area 27.85sqm [295sqft] Cash Price: -Pph-2,314,624.64 [Tax Exempt Purchase]. Installment Price: -Pph-3,143,260.26 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 then 30% Down Payment of -Pph-849,928.11 payable within 30 days and the resulting balance [with interest applied at 14% per annum] may be payable over 60 equal consecutive monthly installments of -Pph-52,780.12 or payable over 120 equal consecutive monthly installments of -Pph-35,219.58. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including all required items of Condo Hotel furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for Studio Suites ranging from -Pph-488,042.81

One Bedroom Condotel Suite. Floor Area 48.08sqm [518sqft] Cash Price -Php-4,475,461.80. Installment Price -Pph-5,426,497.43 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 then 30% Down Payment of -Pph-1,485,468.36 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-91,119.15 or payable over 120 equal consecutive monthly installments of -Pph-60,802.79. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom Corner Suites ranging from -Pph-739,679.26.

Two Bedroom "Bi-Level" Suite. Floor Area 64.33sqm [695sqft] Cash Price: -Pph-5,808,428.94 [Tax Inclusive]. Installment Price: -Pph-7,260,536.18 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 and 30% Down Payment of -Pph-1,995,973.99 within 30 days and resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-121,915.45 or payable over 120 equal consecutive monthly installments of -Pph-81,352.81. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is available for Two Bedroom ‘Loft Type’ Suites ranging from -Pph-1,033,076.00

Three Bedroom "Bi-Level" Condotel Suite. Floor Area 79.36sqm [855sqft]. Cash Price: -Pph-7,165,504.76 [Tax Inclusive] Installment Price: -Pph-8,956,880.95 [Tax Inclusive] may be purchased with an initial Reservation Fee of -Pph-25,000.00 and 30% Down Payment within 30 days of -Pph-2,468,152.43 and resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-150,399.66 or payable over 120 equal consecutive monthly installments of -Pph-100,360.01. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite “Fit-Out” package including all required items of furniture’s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware’s, linens etc is now available for Three Bedroom Suites ranging from -Pph-1,258,705.00

Two Bedroom "Bi-Level" Penthouse Suite. Floor Area 100.62 sqm [1062sqft]. Cash Price: -Pph-9,995,165.00 [Tax Inclusive]. Installment Price: -Pph-12,121,562.00 [Tax Inclusive] may be purchased with an initial Reservation of -Pph-25,000.00 and 30% Down Payment of -Pph-3,349,043.29 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-203,539.48 or payable over 120 equal consecutive monthly installments of -Pph-135,819.62. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite “Fit-Out” package including all required items of furniture’s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware’s, linens etc is now available for Penthouse Suites ranging from -Pph-1,184,000.00

Three Bedroom "Bi-Level" Penthouse Suite. Floor Area 125.81sqm [1355sqft]. Cash Price: -Pph-12,124,936.00 [Tax Inclusive]. Installment Price: -Pph-15,156,170.07 [Tax Inclusive] may be purchased with an initial Reservation of -Pph-25,000.00 and 30% Down Payment of -Pph-4,193,727.75 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-254.495.15 or payable over 120 equal consecutive monthly installments of -Pph-169,821.77. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite “Fit-Out” package including all required items of furniture’s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware’s, linens etc is now available for Penthouse Suites ranging from -Pph-1,515,644.00

FPD Asia implements a Quality Management System for its property management portfolio. Such system was recently certified as compliant with ISO 9001:2008. This enables FPD Asia to maintain its foothold in the industry and ensure customer satisfaction and currently prides itself of over 70 projects in its managed portfolio consisting of prestigious residential, office/commercial and retail condominium developments, manufacturing and office facilities. It is supported by over 500-strong manpower complement consisting of high-caliber, competent and experienced Property Management Team - the top of its class in the professional property services business.

For further info regarding Lancaster Philippines Condo Hotel investments please do not hesitate to contact us....

PLC International Marketing Networks
Lancaster Suites Hotel
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Direct Line: [+63 32] 340 0721
Cell Phone: 0916 650 9783 / 0922 858 7027
Cell Phone: International [+63] 922 858 7027
Email: plcmarketing@lancastersuites.com
Web: http://www.lancastersuites.com/
Web: http://www.condotel-rentals-manila.com/
Web: http://www.condotel-manila.com/

Tax efficient pension strategy for UK investors in Philippine condotel investments

As the British residential market continues to deteriorate many UK buy-to-let investors could liquidize their holdings and invest into other asset classes including overseas apart-hotel or condo hotel investments in the Philippines according to the findings of a new report from PLC International Marketing Group
 Beth Collingz, overseas sale director, PLC International Marketing Networks and lead marketing partners for Pacific Concord Properties Lancaster brand of apart-hotel or condotel investments in the Philippines believes that a combination of the credit crunch, diminishing rental yields and falling property prices, will force many buy-to-let investors whose holdings have grown fat after years of double-digit growth to look overseas for a better ROI.

Our UK marketing partners Graham Stuart & Associates estimate some £18 billion worth of equity is tied up in buy-to-let property across the country and this is expected to be released over the coming months as conditions in the UK worsen with the winter months fast approaching. “With inflation rising investors realize the need for strategies that preserve wealth. We are offering a tax efficient pension strategy for UK investors in Philippine condotel investments with entrepreneurial minds” said Collingz.

We expect the willingness of UK landlords to sell up and buy abroad for better returns with Philippine Condotel investments now being accepted by SBQ Property & Land SIPP portfolio

Pacific Concord Properties Lancaster Condotel developments have been accepted as property investment projects in the UK SBQ property & Land SIPP portfolio after extensive research provided through an independent firm of Business Management & Marketing Consultants with all due diligence completed by independent UK Solicitors.

Beth Collingz, overseas sale director, PLC International Marketing Networks and lead marketing partners for Pacific Concord Properties Lancaster brand of apart-hotel or condotel investments in the Philippines said the UK based SBQ Property & Land SIPP [Self Invested Pension Plan] portfolio handled by our UK marketing partners Graham Stuart & Associates, is a low cost tax efficient structure that has been designed for those people who want to take control of their pension savings and are looking for a strategy that will generate an income any time after the age of 55.

Graham Stuart of Graham Stuart & Associates, based in Bolton UK said SBQ Property & Land SIPP portfolio now includes Philippine Condo Hotel rental income properties within its allowable framework as accepted investments in the [SIPP] Self-Invested Personal Pension Plans.

Stuart said some of the benefits of the SIPP is you can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes [SASS] into the SIPP. You can have a SIPP as well as contribute to your Company pension fund. If you are self employed you can invest up tom 100% of your earnings [up to GBP £225,000.00] into to SIPP. On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through their tax return and with a SIPP you can draw an income from your personal pension fund and continue working.

With the SBQ property & Land SIPP you can also draw at least 25% of your fund as a tax free cash lump sum and leave the remainder invested until you need an income continued Stuart. If you die before using your SBQ Property & Land SIPP funds the balance can be passed to your relatives or other selected beneficiaries. Through the SBQ Property & Land SIPP you can purchase property or land assets available with the portfolio. Any remaining cash surplus [or rental income] within your SIPP will be held in an interest bearing account that generates you 6.1% interest.

Stuart pointed out the limits of a conventional SIPP being that normally, conventional SIPPS are restrictive with the provider only allowing a limited range of assets to be held such as Cash, Stock and Shares [with one investment manager] Insured arrangements [e.g. Trustee Investment Plans and Bonds, Units in an Authorized Unit Trust Scheme, Shares in an Open Ended Investment Company or a freehold or leasehold interest in ‘Commercial’ property whilst the advantages of the SBQ Property & Land SIPP is a low cost tax efficient structure for individuals and owner-managed private businesses who are looking for more flexible options and who want to take control of their own financial future. It is managed by the leading lights in UK Pension Law and has been skillfully structured to enable investors to hold a wider range of assets within the allowable framework of the SIPP. The structure also allows you to transfer existing pension funds [including paid up pension funds] protected rights money and SSAS funds into the SBQ Property & Land SIPP said Stuart.

What makes the SBQ Property & Land SIPP different is that it already contains a unique portfolio of property and land investments that give you the ability to ‘gear up’ your pension fund. In the Philippines you can purchase an Apart-Hotel property with guaranteed rental income. Collingz said that Graham Stuart & Associates have been working to have the Lancaster brand included within the allowable investment structure of the SBQ Property & Land SIPP portfolio of Apart-hotels. These apart-hotel or condotel investments provide capital growth with a guaranteed return income. If you're considering using your SIPP to invest in real estate, there are some excellent reasons why you should choose Philippine apart-hotel or condotel investment real estate to drive your retirement portfolio into high profit margins.

The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts – and a SIPP is simply another form of trust. "Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It's still possible to buy a preconstruction Condotel suite at Lancaster – The Atrium located in Metro Manila, Philippines, from only GBP £45,000.00" said Collingz.

Lancaster Manila Atrium, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Guaranteed Rental Income Studio, One, Two and Three Bedroom Suites for sale with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes [at current purchase levels] of some minimum 6% ROI per annum as Owner Non-Residents when not using their units through Condotel Management. This makes Lancaster Suites one of the hottest investment opportunities in the Philippines.

"The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP £45,000 Condotel suite may set you back only GBP £250 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and the 6% returns through rental income through the Condotel advantage, you have a good ROI on a purchase of Philippine Condotel investment real estate" enthused Collingz.

What's the downside about owning Philippine Condotel Investment real estate as an SIPP investment? You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. The self directed pension plan rules about benefiting personally from your investments are strict - you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax-protected status and worse yet you could face penalties from HM Customs & Excise. You can, however, rent out your SIPP investment for steady income - putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP.

If you're looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your SIPP earnings into high gear.

With the impending slowdown of the UK. housing market and failing pension plans, many investors are turning to using their SIPP's to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units.

With preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment.

Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. "Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill"

The SBQ Property & Land SIPP is regulated by the FSA and administered by an independent SIPP trustee Company. It provides a simple “tax efficient wrapper” for those wanting to maximize their own pension planning strategy. The carefully selected property investments within the portfolio have all due diligence carried out by an independent firm of UK Solicitors who handle the purchase process.

Philippine condo hotel investments can also be purchased without using a SIPP.

For further info regarding Philippine Condo Hotel Investments using your UK SIPP [Self-Invested Pension Plan] please do not hesitate to contact us....

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: +63 32 340 0721
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/

Condotel investment financing in the Philippines

Non Resident Foreign Nationals and Overseas Filipinos can now avail of mortgage loans for Lancaster Suites Tower I Condotel Suite Investments in the Philippines or take Equity from their existing Condo Units for the purchase of new preconstruction Guaranteed Rental Income Condo Hotel suites at the Lancaster Atrium Manila

This is “really good news” for all existing unit owners and prospective buyers of Lancaster Suites Tower 1 Condotel Suites in the Philippines enthuses Beth Collingz, Director of PLC International, lead marketing partners of Pacific Concord Properties Lancaster Suites Condotel developments in Metro Manila, Philippines.

Banco De Oro (BDO) a commercial Bank in Metro Manila has just approved a buyer’s financing or mortgage scheme for the said project. Collingz stated that “The new financing scheme, a first providing Philippine Mortgages to Foreign Nationals residing overseas for the purchase of Condo units in the Philippines, is now available to unit owners (i.e., Filipinos, Filipino-Americans and Foreign Nationals alike) whom are looking to purchase a Condotel Suite or refinance their investments through BDO’s Home Loan” open to both residential and commercial unit owners and existing buyers of Lancaster Suites Tower I units whom have paid at least 30% of the total contract price of their units can loan up to 70% of the current unit market value.

Existing unit owners who are availing of Pacific Concord Properties in-house financing have the option to pay off their units in 120 months. With BDO’s Home Loan, unit owners can now opt to pay off the balance for up to 15 years [180 months]. By converting the existing in-house loan to BDO’s Home Loan, buyers will have more flexibility in paying off their loans at a much lower interest rate. What’s more, with BDO’s Home Loan, buyers can loan the full amount equivalent to 70% of the current value of their units regardless if they have already paid more than 30% of the units’ TCP. After paying the balance of the unit price to PCPI, the net amount will then be released directly to them. Buyers can take advantage of this offer to free up some cash as well as to finance the fit-out of their units in the condotel pool or their business set up requirements in their commercial units.

“Many of my previous clients whom have purchased units in Lancaster Suites Tower I are now set to cash in on their equity by availing of the new 15 year financing option to be able to reinvest in new Guaranteed Rental Income [GRI] units at Lancaster Atrium which is currently on preconstruction selling” said Collingz.

Collingz continued, “Not only will buyers of units in Tower I have rental income from their units that will partially offset mortgage payments, they can now free up their equity and take advantage of the current low prices for Condotel Suites in the new Lancaster Atrium and stand to make another 70-80% in property appreciation by the time the building is fully completed. This is really a fantastic offer from BDO and is initially available only to unit owners of Lancaster Suites Tower I Condotel units”

Pacific Concord Properties, Inc. is offering the perfect mix of both the right opportunity and the right timing. In recognizing the financial and emotional value of their investment, PCPI designed a program for all unit owners of Lancaster Suites and Lancaster Cebu that will help them maintain and generate income from their investment. More popularly known as the Condotel Advantage, this program will enable unit owners to gain access to PCPI’s experienced world-class property managers who will make sure of the complete and hotel-quality maintenance of the units enrolled in the condotel pool.

As part of the condotel pool, unit owners can relax knowing that their properties will be managed like hotel rooms. Finding tenants will not be a concern also as the property managers will be tasked in finding tenants for them to make sure that their units will earn a competitive rental income. By joining the condotel pool, unit owners will get to enjoy total hassle-free property management while earning rental income whether they are staying in the Philippines or residing in another country anywhere in the world

For more info please do not hesitate to contact us:

PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Condotels, Shaw Boulevard
Metro Manila. Philippines. 1552
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com/ [Lancaster Condotels]
Web: http://www.condotel-manila.com/ [Lancaster Suites Manila]