Looking an investors for Boracay Island (Real Estate - Houses, Properties for Sale)

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Ad ID 20737 in Category: Real Estate - Houses, Properties for Sale

Looking an investors for Boracay Island


Welcome to Alta Vista de Boracay!!!
a heaven on earth for sun worshippers and investors
who wish to enjoy the fruits of their hard work while
securing an abundant future. You will be pleased to
find that anytime of the year, Boracay Island is a
picturesque travel destination, and living here is the
closest you can get to pure bliss. You'll find that this
is the perfect place to call "home"


AMENITIES & FEATURES
Fully furnished condotel units
Main pavilion reception / dining area
Game room for indoor activities
Lounge area
Hair and nail spa
Business Center
Audio / Video Room
Snack Bar
Infinity Pool
Landscaped Garden
Cable TV and Telephone Lines
24 Hour Security

SITE DEVELOPMENT PLAN
Alta Vista Boracay is an 18 3-storey residential condominium building project that houses a total of 540 units within a 4-hectare property of DMCI Homes.
The development is perimeter-fenced and guarded 24-hours daily.
LOCATION MAP
Alta Vista de Boracay is located at Barangay Yapak, north of the island. It's rear the world-class golf resort, Fairways and Blue Waters and the Shangri-La Hotel. The world famous White Beach and local attractions like D'Mall are just a 5-minute ride away.
COMMON QUESTIONS:

1. WHAT IS ALTA VISTA DE BORACAY TWO-PACKAGE OFFERING?
= In buying a unit at Alta Vista Boracay, you have two options. You can choose between a Residential or a Condotel unit.
a.) Residential - This unit is package as regular residential property and is for the exclusive use of the buyer.
b.) Condotel - If enrolled in the Leaseback Program, owners can stay in their unit for free for 15 days each year. but for the rest of the time their unit will be available as a hotel suite for guests. Should the owner wish to use the unit for more than allotted 15 days, he has to pay the regular room rate for each additional day.
2. WHAT IS THE LEASEBACK PROGRAM?
= Under the leaseback program, your condotel unit will become part of a rental pool of units that will be identically furnished and rented out on a daily, weekly or monthly basis and will be marketed and managed by a professional hotel management operator. Membership to the program is on a five-year contract period and may be renewed subsequently.
3. HOW DOES THE UNIT OWNER EARN FROM LEASEBACK PROGRAM?
= The source of income is derived from room revenues. 70% of gross income will go to the operator, 30% to the rental pool of unit owners. Each unit owner included in the pool shall be entitled to a proportionate share of the 30% depending on his unit area. Gross income will be distributed on a monthly basis.
4. ARE THERE ASSOCIATION DUES OR MAINTENANCE FEES FOR UNITS ENROLLED UNDER THE LEASEBACK PROGRAM?
= No Association Dues or Maintenance Fees need to be paid for units registered under the Leaseback program. These will be shouldered by the Hotel Operator.
5. WHAT ARE THE ADVANTAGES OF OWNING A CONDOTEL UNIT?
a.) Income obtained from the Leaseback program helps you pay for your monthly amortization.
b.) You'll get continous income whether your unit is actually rented out or not because of the proportionate distribution of income from rental
pooling.
c.) Worry-free upkepp of the unit because it will be maintained by the Condotel's housekeeping.
d.) You get whole ownership of the Condotel unit as evidenced by a Condominium Certificate of Title (CCT).
Requirements to buy Property with DMCI Homes:
a.) 2 valid IDs b.) TIN Number c.) PDC - Post Date Checks d.) Php 20,000.00 for reservation e.) RA Form - Reservation Agreement Form

Reservation: Php 20,000.00 Minimum of 10% Dowpayment staggered up to turnover of the unit In-House, Bank and Pag-big Financing are available
For Unit Availability, Pricing And Schedule Of Viewing, Call my cellphone number +63916-4442342, my landline +632-9284606, or my email add: cheche23@yahoo.com. For E-mail Inquiry, Please indicate your complete contact details (Name, Contact Number And Country/location) and the Best Time to call you so we can serve you better. Thank you, May God Bless you !!!


Related Link : Click Here (4 hits)
Target Nation: All Nations
Target  City : All Cities
Last  Update : Mar 12, 2008 12:51:49 PM
Ad Owner Name: Shirley Amancio
Contact Phone: +639164442342
Contact Email: shirley4dmci@gmail.com
Number of Views: 39

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