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FEATURED FSBO:

CROWN REGENCY BORACAY - CONDOMINIUM &HOTEL

Listing #:

386

Price:

5,200,000.00

Floor Area:

Date Added:

11/02/2008

Views:

14219

We are offering an opportunity to own a piece of tropical paradise in the premier vacation capital of the Philippines, Boracay island. Investors will have the capacity to earn substantial income in a growing industry and assurance of a vacation home in Boracay.

Air view of 382 units of Condotel in Boracay Island.

CLICK THE INSIDE PERSPECTIVE BELOW TO ENLARGE

382 Fully Furnished condotel units with the following classification:

Quantity	Unit Type	Equivalent Shares	Approximate Area (SQM)	View
43	T1 with loft	2	57.5	Ground Garden View
35	T2 with loft	2	59.0	Ground Pool view
154	T3	1	33.5 to 34.5	2nd & 3rd Garden view
104	T4	1	33.5 to 34.5	2nd & 3rd Pool view
12	T4A	1	41.5	3rd Pool view
34	SU	3	50 to 70	Deck

Philippine and Foreign Nationals are eligible (residents or non-residents)
Investors will purchase Company stock share in Boracay Multiple Properties Developers Inc. One (1) share stock is equivalent to one (1) condotel unit.
Units are designed on a thirty (30) square meter (standard) or forty-five (45) square meter with loft equivalent to one (1) stock share.
Units are fully furnished with kitchen, TV and standard hotel amenities.
Investors have the option to reside in their units or enroll in condotel operations.

PRIVILEGES:

In order to give maximum benefit to investors, the privileges of owning a unit are:

45-day Free stay at the resort for every year for Condotel enrolees (valid for one year and non-cumulative
Plus 7-day Free stay annualy at Club Ultima or any Crown Regency operated units nationwide.
The 45-day Free stay can be converted to Free stay privilege certificates at any of the Crown Regency hotel chain properties and other off-site facilities with no expiry period on a one to one room right value.
Investors could also exchange their Club Ultima 7-day Free stay privilege in any of the 2,900 Interval International affiliated hotels worldwide. Check the website: http://www.intervalworld.com
The 45-day Free stay can also be used to get additional room nights with Interval International.
An additional one-time signing bonus of 45-day Free stay at any Club Ultima or Crown Regency operated hotels (except Boracay) for cash investors.

. Location of the Condotel: Barangay Balabag - indicated by the small star near to it. (Click the above map to enlarge)

Summary of the benefits you will get from this investment:

1) You will earn income at the same time own this unit. The estimated income is P480,000 per year. The value of this unit will keep on increasing every year and at the same time earn this much.
2) You will have a guaranteed income of 12% per annum of your own unit if the estimated income cannot be achieved yet
3) You will enjoy 45 days free use of your own unit for every year. This is for your vacation purposes. This 45-day free stay could also be exchanged with 2,000 Interval International affiliated hotels and resorts, worldwide.
4) You will enjoy free club membership The lowest price membership of Club Ultima is P301,134 but this is free when you invest in a unit in Crown Regency Boracay.
5) Your unit comes fully furnished, ready for you and for your guests.
6) Estimated 7 years of full return of investment
7) Plus 7-day free stay at Club Ultima at any Crown Regency operated hotels nationwide (annualy)
8) Buy back guarantee after 5 years condotel operations at acquisition price.

For example, the T-2058 is the best unit as of Sept. 5, 2009 facing the swimming pool.

The area of the T-2058 unit on the second floor is 33.5 square meters. The price for this is P5,200,000 (as of Sept. 5, 2009). This is the financing scheme:
Start with P200,000 reservation
Then within 30 days, 30% down payment = P1,560,000
This is payable in 6 months for P243,333.33 per month
Then, the 40% which is P2,080,000 is payable in 30 months at P69,333.33 per month
Lastly, the 30% balance is your retention, payable during the turn over of the unit.

More Photos (Click to enlarge)