Philippine Condotel Investments Blog

Philippine Condotel investment road show slated for Sydney from September

Lancaster Suites Manila Condotel developer PCPI will host several presentations for its Condo Hotel investment opportunities in Sydney and Melbourne Australia from September 2008

Philippine Condotel Investments, Manila Apart-Hotel Investing, Cebu Buy-to-Let Condo Hotel Apartments, Manila Condo Rental Income, Invest Freehold Vacant Possession Flats - Lancaster Suites Ready for Occupancy and Lancaster Atrium Preconstruction Condo Hotel Road Show to hit Hawaii in September

Beth Collingz, PLC International Marketing Director, announced that Pacific Concord Properties Inc will conduct another series of personal presentations to interested clients, Filipino communities and prospects in informal home settings, hotel venues and business centers commencing in Sydney from September this year.

“Any of our existing Clients and Marketing Partners located in Honolulu whom are interested to arrange or host group meetings with the Filipino Communities and Offshore Investors Groups or anyone else whom might be interested to find out more regarding the existing Lancaster developments and Condotel investment opportunities in the Philippines can contact us to arrange meeting dates” said Collingz.

Lancaster Suites Manila Tower I is now ready for occupancy and commenced Condo Hotel operations last December 2007 whilst the Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is also a “Full Service” Condominium Hotel [”Condotel”] offering Studio, One, Two and Three Bedroom Suites for sale with the option of enrolling their units in the Lancaster Condo Rental Pool.

Condotel Investments in the Philippines are a Great Investment for those whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase price levels] of some 8-14% ROI per annum as Owner Non-Residents when not using their units through Condo Hotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines said Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels] 

US Realtors turn to Condotel investment sales in the Philippines to boost income

Many US Realtors are looking towards Philippine Condotel investment sales to boost income amidst the domestic housing crisis

As the credit crunch continues to hit many countries with rising food and transport costs, a lot of people are looking for additional income and real estate marketing and referral networks offer an easy opportunity to make some extra cash. In the Philippines, PLC Global is looking for applicants to join its Internet based web programs for the Lancaster Brand of Condotel Investments

Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condo Hotels in the Philippines said we are looking for International Referral Partners, Part-Time Agents, Overseas Based Agents, Entrepreneurs, Housewives, Professionals, Real Estate Brokers and Realtors whom are interested to join our Marketing Network for the Lancaster Brand of Condo Hotel developments in the Philippines

PLC recently appointed Asian Pacific Investments LLC [API] with offices in Honolulu Hawaii as their marketing partner for the Lancaster Brand of Philippine Condotel Buy-to-Let Investments.

Ken Lee of API an International Real Estate specialist company, recently looked at the Philippines on behalf of several private investors and investments trusts in Hawaii, specifically the Lancaster Suites Condotel developments in Metro Manila and Cebu.

Asian Pacific Investments is a boutique commercial real estate brokerage firm specializing in assisting clients with the acquisition and disposition of properties in the Philippines. Whether you are a buyer, owner, or tenant, we provide comprehensive services, advocacy, and attention to detail that give you a high level of comfort.

API lead broker, Ken Lee, said “We are real estate valuation and advisory services specialists, committed to the delivery of fully integrated services by establishing seamless working relationships with clients and striving to structure our products to global standards and meet client’s expectations. API is also a big proponent of cooperating with other professionals in the industry. Unlike many of the larger firms, we believe in leveraging the relationships of other industry professionals to assist its clients in meeting their acquisition or disposition needs”

“Our mission is to operate a reputable and profitable enterprise by providing high quality comprehensive commercial real estate services to corporations, developers, institutions, funds and individuals. We strive to be the premier boutique real estate company in Hawaii and to provide exemplary service and consummate professionalism to our clients in the pursuit of fulfilling their real estate goals. We take pride in our commitment to excellence and the synergy we have created with our clients and colleagues. Asian Pacific Investments is dedicated to being the multi-family and investment real estate industry’s premier provider of sales advisory, market research and valuation services to meet the capital needs of investors and individual owners of multi-family apartments and investment properties” continued Lee.

Pacific Concord Properties recently introduced affordable easy payment plans for the Lancaster Atrium Manila Condo Hotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI’s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment “Boom” in the Philippines.

Where can you find a 350sqft Freehold Flat in the heart of Manhattan or Honolulu for only 50,000 Dollars and then get up to 14% per annum ROI from rental returns and 15% annual property appreciation. These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70’s and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round.

With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of its Condo-Hotel Suites, international offshore property investors need no longer worry about the security of their investments.

One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.

Pacific Concord Properties Inc., now sets that “International Standard’ in the Philippines with the “Buy Safe Payment Policy” of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condo-hotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.

Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project said Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc.,
Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc.,
Cebu Branch Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.condotel-manila.com [Lancaster Suites]
Web: http://www.condotel-sales.com [Lancaster Atrium]

UK Estate Agents get in on the Philippine Condotel investment boom

With the downturn in UK property sales many estate agents are opting for overseas investment opportunities in the Philippines for their clients

As the credit crunch continues to hit many countries with rising food and transport costs, a lot of people are looking for additional income and real estate marketing networks offer an easy opportunity to make some extra cash. In the Philippines, PLC Global is looking for applicants to join its Internet based web programs for the Lancaster Brand of Condotel Investments

Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condo Hotels in the Philippines said we are looking for International Referral Partners, Part-Time Agents, Overseas Based Agents, Entrepreneurs, Housewives, Professionals, Real Estate Brokers and Realtors whom are interested to join our Marketing Network for the Lancaster Brand of Condo Hotel developments in the Philippines

PLC recently appointed David Stanley Redfern Ltd [DSR] with offices in Nottingham, UK as their marketing partner for the Lancaster Brand of Philippine Condo Hotel Buy-to-Let Investments.

David Redfern of DSR Ltd an International Real Estate specialist company, recently looked at the Philippines on behalf of several private investors and investments trusts in Europe and the United Kingdom, specifically the Lancaster Suites Condotel developments in Metro Manila and Cebu and are AIPP accredited.

On accepting the UK accreditation for the Lancaster Atrium developments in Manila, DSR Managing Director, David Redfern, said “the Philippines property market is currently one of the hottest in the world. Affected worst by the Asia economic crisis, since Asia began to grow again, the Philippines is fast becoming the commercial hub of south East Asia. Its low starting point has also made Philippine property a hot favorite with investors. The massive growth potential of property in the Philippines is fuelled by the level of new businesses and foreign investment the Philippines, especially in Manila. Philippine property is expected to grow in value by no less than 24% for the next five years and possibly even more in the next 2-3 years”

“Our Philippine property is a three tower development of apartments in Manila’s new residential, recreational and financial district - Ortigas Center. As Philippine property goes, Lancaster Atrium towers have found the perfect balance between luxury and affordability. Their low price makes them a favorite with investors hoping to capitalize on the huge growth potential of Philippine property” said Redfern.

Pacific Concord Properties recently introduced affordable easy payment plans for the Lancaster Atrium Manila Condo Hotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI’s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condo-Hotel Investment “Boom” in the Philippines.

Where can you find a 350sqft Freehold Flat in the heart of Central London for only 30,000 Pounds or a Studio in Manhattan for only 50,000 Dollars and then get up to 14% per annum ROI from rental returns and 15% annual property appreciation. These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70’s and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round.

With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of its Condotel Suites, international offshore property investors need no longer worry about the security of their investments.

One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.

Pacific Concord Properties Inc., now sets that “International Standard’ in the Philippines with the “Buy Safe Payment Policy” of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condo-hotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.

Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project said Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc.,
Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc.,
Cebu Branch Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.condotel-manila.com [Lancaster Suites]
Web: http://www.condotel-sales.com [Lancaster Atrium]

Philippine Condotel investment road show announced for Honolulu, Oahu and Maui

Lancaster Manila Condotel developer PCPI announces Philippine Condo Hotel investment road show for September 2008 in Honolulu Hawaii

Philippine Condotel Investments, Manila Apart-Hotel Investing, Cebu Buy-to-Let Condo Hotel Apartments, Manila Condo Rental Income, Invest Freehold Vacant Possession Flats - Lancaster Suites Ready for Occupancy and Lancaster Atrium Preconstruction Condo Hotel Road Show to hit Hawaii in September

Beth Collingz, PLC International Marketing Director, announced that Pacific Concord Properties Inc will conduct another series of personal presentations to interested clients, Filipino communities and prospects in informal home settings, hotel venues and business centers commencing in Honolulu, Hawaii from September 11 and Oahu and Maui from September 16, 2008

“Any of our existing Clients and Marketing Partners located in Honolulu whom are interested to arrange or host group meetings with the Filipino Communities and Offshore Investors Groups or anyone else whom might be interested to find out more regarding the existing Lancaster developments and Condotel investment opportunities in the Philippines can contact us to arrange meeting dates” said Collingz.

Lancaster Suites Manila Tower I is now ready for occupancy and commenced Condo Hotel operations last December 2007 whilst the Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is also a “Full Service” Condominium Hotel [”Condotel”] offering Studio, One, Two and Three Bedroom Suites for sale with the option of enrolling their units in the Lancaster Condo Rental Pool.

Condotel Investments in the Philippines are a Great Investment for those whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase price levels] of some 8-14% ROI per annum as Owner Non-Residents when not using their units through Condo Hotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines said Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]

Referral partners join marketing network for Philippine Condotel investment sales

With the credit crunch hitting households across Europe and US, more and more housewives are joining a marketing network for Philippine Condotel investment sales for additional income

As the credit crunch continues to hit many countries with rising food and transport costs, a lot of people are looking for additional income and real estate marketing and referral networks offer an easy opportunity to make some extra cash. In the Philippines, PLC Global is looking for applicants to join its Internet based web programs for the Lancaster Brand of Condo-Hotel Investments

Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condo Hotels in the Philippines said we are looking for International Referral Partners, Part-Time Agents, Overseas Based Agents, Entrepreneurs, Housewives, Professionals, Real Estate Brokers and Realtors whom are interested to join our Marketing Network for the Lancaster Brand of Condo Hotel developments in the Philippines

As an Internet Marketing Referral Partner you can earn U$1,000.00 for each introduction that purchase a Studio Suite, U$2,000.00 for successful introductions that purchase a One Bedroom Suite, U$3,000.00 for a concluded sale of a Two Bedroom Suite and up to U$8,000.00 for Penthouse Suites, and all you have to do is send us the names and contact info only of your friends, associates, colleagues or family whom might be interested to invest in our condo-hotel developments. You do not have to sell; you don’t have to do anything except collect the cash referral fee once a sale is closed said Collingz.

Pacific Concord Properties Lancaster brand of condo-hotels are offering Studios, one, two & three bedroom suites are currently available to property Investors adopting International standard escrow trust account “buyer safe” easy secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification “In-House” financing [available to all overseas buyers], full condo ownership, no management costs for condo hotel Suites, no enrollment charges for joining the condo-hotel rental pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity continued Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc.,
Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc.,
Cebu Branch Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.condotel-manila.com [Lancaster Suites]
Web: http://www.condotel-sales.com [Lancaster Atrium]

International real estate agents being recruited for Philippine Condotel investments

Philippine Condotel Marketing Group PLC International are taking advantage of the credit crunch by offering partnerships with real estate agents across Europe to boost their income through condo hotel investment sales

Internet Marketing will drive the Philippine real estate market upwards says a leading real-estate Condotel marketing group and they poured cold water on speculations that the construction and real-estate sector in the Philippines is heading for a slump as they would be forced to increase their selling prices as a result of the current upward trend in the prices of steel and other major construction materials

Hosting their weekly simultaneous web conference with international realtors and estate agents across North America, Australia and the UK on the topic “Effects of Global Construction Costs and the Philippines” Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for the Lancaster Brand of Condo Hotels in the Philippines, said developers are forced to implement at least 20-percent increases in prices of preconstruction projects immediately and 15-percent over the next six months and this will have minimal effect on the industry in general and even less effect on the current market base for Condo Hotel investors.

Collingz allayed fears of some real estate brokers, sales and marketing agents that the real-estate boom is heading for a bust. “The problem is the mindset of marketing people whom are quick to talk negatives and then force themselves into a box dealing with the wrong mindset and mistaken buyers for their developments and not the price of global construction materials that we have no control over.

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, on world escalation in fuel and construction material costs, 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 10 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 2008 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 2008 well into 2012 and beyond said Collingz.

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 whose company has been consistent top producer for the Lancaster Brand of Condotel Investments in the Philippines every year since 2005, 2006, 2007 and 2008.

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.

There are also indications that the Russians may take up some of the slack. First-time Russian overseas buyers are now looking at South-East Asia and particularly the Philippines. Overseas property specialists, David Stanley Redfern Ltd., whom are Collingz’ marketing partners based in the UK, have predicted sustained growth of at least 24% per annum in the Philippines, for the next 5 years.

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.

PLC International Marketing Networks are looking for qualified Realtors, Real Estate Agents or Brokers from the Philippines whom would like to travel abroad with proven Real Estate sales background and marketing skills to sell the Lancaster Brand of Philippine Condo Hotel Investments in the United States and Europe. Applicants must have a valid current US or EU Visa and be willing to spend 3-6 months abroad with proven US-Filipino contacts, relatives or friends living in key Cities. Return air-fare, monthly living allowance and good rate of commission will be given to successful applicants.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com
Web: http://www.condotel-sales.com [Lancaster Atrium Manila]
Web: http://www.condotel-manila.com [Lancaster Suites Manila]

Philippine Condotel Marketing and Investment Conference

PLC International Marketing Networks will host a global agent conference for their Lancaster Brand of Philippine Condotel investment sales in Manila and Cebu this November 2008

Beth Collingz, Sales Director of PLC Global and lead partner with Pacific Concord Properties Lancaster Brand of Condo Hotel developments in the Philippines said the PLC Global Agent Conference 2008 is the first and only dedicated hotel investment conference being held in Manila and Cebu that will bring together lead marketing partners from around the world to discuss investment opportunities, markets and condo-hotel developments in the Philippine market.

The four day conference, which begins on Friday November 14, at the Lancaster Suites Condo-Hotel in Manila before moving to Cebu the following day, features the theme “Making successful hotel developments and investments in the Asian hotel market” and will give our marketing partners the opportunity to experience the Lancaster brand of Condotels first hand.

The PLC Global Agent Conference will provide delegates with an unparalleled insight on the trends shaping hotel investment markets in the Philippines. With over 6 hours of structured networking opportunities designed into the program, this is the only opportunity to meet the key officers of Pacific Concord Properties said Collingz.

Co-host and guest speaker, Ronald Lim, President/CEO of Pacific Concord Properties Inc, will present a segment on Condo Hotel Investments in the Philippines using PCPI’s own condo-hotel developments as basis. Lim will discuss the Philippine Condotel Concept that he authored and implemented with emphasis on Condo Hotel Investments for institutional investors and for the retail market as alternative retirement pension plans and the Lancaster Brand of Philippine Condo Hotels – Lancaster Suites Manila, Lancaster – The Atrium Manila and Lancaster Cebu Resort Residences.

With huge investments flowing into infrastructure and as the Philippine government increase promotional efforts to encourage tourism, interest in hotel developments for business and leisure travel are hitting new highs. Investors and developers now have a unique opportunity to capitalize on the growing demand for hotels and hospitality services, and the returns on investments.

Condo Hotel Properties are being snapped up by agile investment funds as rents soar in the country. Investment Fund Managers and Private Investor Clubs tap their deep pockets to purchase real estate investments in the Philippine Condo Hotel market amid a marked shortage of Hotel rooms driving expected ROI through rental returns upwards of 14% per annum said Collingz.

“Rents which we thought we would get in two years we’re getting now”. Collingz expects rental income to rise 12.5 percent in the coming 6 months after gains of as much as 30 percent since June 2007. UK based Private equity units of banks and investment clubs, driven in part by the current strength of European currencies in international trading, are being attracted by returns in the Philippines as much as double those in the United States and Europe, are purchasing significant blocks of real estate for investment trusts for Asian commercial property.

“There are large amounts of capital now chasing increasingly limited investment-grade real-estate opportunities in Asia,” said Collingz. “We are in the closing stages of packaging the investment of private-equity real estate funds for new Condo Hotel developments in Manila and Cebu, with expected rental returns which continue to grow at a rapid pace.”

With funds raised for commercial property deals in Asia having doubled in each of the past five years, Collingz sees the market value of Condotel investments in the Philippines reaching new heights in 2008/9 as more developments come on line. Rising demand for homes, hotels, short and medium term rental accommodation, offices and shopping malls in the Philippines, home to a population of almost 80 million and with a significant number of the more than 10 million returning overseas Filipino ‘Baby Boomers’, is fueling rents.

Residential rents in Metro Manila rose 26 percent in six months to June 2008, their highest quarter-on-quarter increase in more than a decade, as more and more IT companies set up shop in the Philippines. Companies like Texas Instruments are investing $1B in expanded operations in the Philippines. High-end rents rose some 15 percent from a year earlier, said Collingz.

As property prices soar, Collingz projects that Rents in the region are set to effectively jump 12.5 percent per annum over the next five years, compared with 5.3 percent in the United States and 4.7 percent in Europe. Yields from 8 percent to as high as 14 percent ROI on rental income property contrast with the 4 percent to 5 percent that private equity firms get in the United States and Europe.

“People are in general looking to shift fund flows relatively towards Asia,” Collingz said. “It already has had a profound impact in markets where there’s a lot of this money chasing the same assets.” As the Singapore, Japan and Hong Kong markets become saturated, the Philippines will be the next real estate market to attract substantial overseas investments. Lower prices and retirees’ spending money are also directing foreign attention to residential condominium hotels in the Philippines, which in turn is driving up more construction.

“A lot of this interest is being driven by the relatively cheap market prices here compared to Europe and the easy payment options available for condominium hotel developments” Collingz said. “The buyers gain rental incomes that on today’s purchase prices give a projected ROI of some 8 to 14 percent depending on the mode of payment for the unit” she said.

Guest speakers at the conference include representatives from the Philippines Retirement Authority detailing the benefits and application for the special Philippine Retirement Visa and the Philippine Department of Tourism.

The Congress is also an opportunity to meet up with Ronald Lim and representatives of PLC Global and find out how you can tap into the high-yielding investment opportunities in hotels, investment returns for alternative condo hotel models and the economic outlook for one of Asia’s hottest markets.

For further info on the PLC Global Agent Conference and Philippine Condo Hotel Investment opportunities please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc.,
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc.,
Cebu Branch Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels] 

Web: http://www.plcglobalpinoy.com [Lancaster Condotels]

Foreign Nationals snap up Philippine Apart-Hotel buy-to-let investments

Lower prices and retirees’ spending money are directing foreign attention to residential condominium hotels in the Philippines, which in turn is driving up more construction, according to a web based marketing firm

Beth Collingz, director of PLC International Marketing Networks, said her company had been very busy catering to buyers from the United Kingdom and Australia who were interested in investment properties as well as holiday homes here.

A lot of this interest is being driven by the relatively cheap market prices here compared to Europe – especially UK housing prices – and the easy payment options available for condominium hotel developments Collingz said. She added that offshore property investors, foreign baby boomers as well as overseas Filipinos were looking for ways to maximize their return on investments as they approach retirement.

And so they are purchasing second homes, particularly condotels, where they use the condo for vacations and rent it out when they are not using the unit” said Collingz, who runs the internet based PLC Global Pinoy marketing network. The buyers gain rental incomes that on today’s purchase prices give a projected ROI of some 8 percent to 16 percent depending on the mode of payment for the unit she said.

Collingz’s firm is in partnership with Pacific Concord Properties, Inc., which has market ready projects in Metro Manila and Cebu under the brand Lancaster Suites, with more being built in other locations. Condotels are gaining a following because, in Pacific Concord’s case, the owners can make the condos available for short-term rentals when they are away.

At least 85 percent of PLC Global Pinoy’s condotel sales in the Philippines were to international clients. While such a level of foreign purchasing activity is not as high in the Philippine provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years” she said. Foreign buyers were aware that it was a buyer’s market in the Philippines right now with many properties available and fewer local buyers continued Collingz.

For further info 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
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]

Condo-Hotels new buy-to-let Hotel phenomenon sweeps the Philippines