Lancaster Cebu Resort Residences Condotel Suites at Kiener Hills Cebu receive Philippine Retirement Authority accreditation
PLCMarketing
receive Philippine Retirement Authority accreditation
The Philippine Board of Investments =96 Philippine Retirement Authority
recently accredited Condo-Hotel units of the Kiener Hills Condominium
in Mactan, Cebu, that are being operated, managed and owned by
Lancaster Cebu Resort Residences.
Beth Collingz, PLC International Sales Director and lead marketing
partners for Pacific Concord Properties Lancaster Brand of Condo-
Hotels in Manila and Cebu, Philippines said in a letter addressed to
Pacific Concord Properties President/CEO Ronald Lim, the Philippine
Retirement Authority recently proclaimed =93In behalf of our Chairman,
Gen. Edgar B. Aglipay we would like to thank you for renewing your
accreditation and for having successfully conformed to the PRA
standards. We are glad that you continuously support the retirement
program of the Philippines to be the best retirement place this side
of Asia=94.
In the recent years, the Philippines has enjoyed the privilege of
being considered as a preferred retirement destination of retirees
from all over the world. World-renowned Filipino hospitality, diverse
culture, and reasonable standard of living are only a few of the
reasons cited by retirees in choosing the Philippines as their new
home.
The country's retirement program is managed by the Philippine
Retirement Authority (PRA). Its primary role is to promote and grant
the Special Resident Retiree Visa (SRRV) to would-be retirees, and to
offer a range of services, benefits, and comfort that would make their
stay in the Philippines truly worthwhile.
The PRA is mandated to attract foreign nationals and former Filipino
citizens to invest, reside and retire in the Philippines with the end-
view of accelerating the socio-economic development of the country,
contributing to the foreign currency reserve of the economy and by
providing them the best quality of life in the most attractive
package.
Applicants for a PRA Retirement Visa are required to make an initial
USD cash deposit which provides for conversion of the required deposit
into active investments in the Country. Retirees who qualified to join
the PRA Retirement Program have the option to convert their time
deposit into active investments after a holding period of thirty (30)
days from the date of SRRV issuance. A retiree can choose to invest
their required deposit through the following means: a. Purchase,
acquisition and ownership of a condominium unit b. Long-term lease of
house and lot, condominium or townhouse for a period not shorter than
twenty (20) years, and; c. Purchase, acquisition and ownership of golf
or country club shares.
This means that retirees can apply for their Visa then withdraw their
temporary cash deposits to purchase a Condo unit in the Philippines.
Collingz said Lancaster Cebu is an ideal retirement investment for
applicants in the PRA program. =93Property has always been about
location=94. Mactan, Cebu, provides one with both the laid back pace of
provincial living, as well as prerequisites of the urban dweller.
Schools, hospitals, restaurants, shopping malls, and leisure are all
found on the island itself and within 5-10 minutes from the condo
complex.
Lancaster Cebu Resort Residences located a few minutes from Mactan-
Cebu International Airport in Cebu, Philippines is now accepting
Reservations for Studio and Two Bedroom Suites adopting International
Standard Escrow Trust Account =93Buyer Safe=94 Easy Secure Payment Plans=85
with up to 5 year "In-House" no prequalification financing available,
full condo ownership, no management costs for Condotel Suites 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
Now operational, Lancaster Cebu provides unit owners with premier
residential condo units with option of enrolling their units in the
Lancaster Condotel Rental Pool. Great Investment for Fil-Am's whom
visit Manila for Vacations or Business as they can earn Rental Incomes
[at current purchase levels] of some 8-14% ROI per annum as Owner Non-
Residents when not using their units through Condotel Management and
reciprocal arrangement with Lancaster Suites Manila. This makes the
Lancaster brand of Condo Hotels one of the Hottest Investment
Opportunities in the Philippines.
Units at the Lancaster Cebu are sold fully fitted, furnished and
Condotel ready.
Fully Furnished Executive Studio Suite 36.5625sqm [395sqft] -
Pph-75,321.00/sqm -Pph-2,753,924.06. We currently have a few Executive
Fully Furnished Studio ready occupancy Condotel Suites that may be
purchased with initial Reservation Fee -Pph-100,000.00 Balance Payable
without interest over 24 consecutive equal monthly payments of -
Pph-110,580.17 [Tax Inclusive]. Alternatively Save -Pph-106,156.96 by
making the initial Reservation Fee [-Pph-100,000.00] and then within
30 days 40% a Net Discounted Down Payment of -Pph-955,412.70 with the
resulting Balance payable without interest over 24 consecutive equal
monthly payments -Pph-66,348.10.
Pay Cash and take a full 10% discount [Save -Pph-275,392.40] on the
contract price. Pay the initial Reservation Now [-Pph-100,000.00] and
the Cash Balance within 30 days [-Pph-2,378,531.66] for an Effective
Total Cash Price of -Pph-2,478,531.66.
Studio Suites also may be purchased on Five Year Payment Terms through
our no qualification =93In-House=94 Finance with 15% Down Payment.
Reservation [-Pph-100,000.00] and down payment within 30 days [-
Pph-313,088.61] with resulting Balance payable over 60 consecutive
equal monthly payments -Pph-56,924.57.
Fully Furnished Executive Two Bedroom Suite 65.74sqm [710sqft] -
Pph-83,161.00/sqm: -Pph-5,467,004.14. These ready occupancy units may
be purchased with an initial Reservation Fee -Pph-100,000.00 Balance
Payable without interest over 24 consecutive equal monthly payments of
-Pph-223,625.18 Tax Inclusive. Alternatively take a Saving of -
Pph-214,680.16 by making the initial Reservation -Pph-100,000.00 then
within 30 days 40% Net Discounted Down Payment of -Pph-1,932,121.50
and then the resulting Balance is payable without any interest over 24
consecutive equal monthly payments =96Pph-134,175.10.
Pay cash and take a full 10% discount [Save -Pph-546,700.00] on ready
occupancy Building =93E=94 Suites. Pay the initial Reservation Now [-
Pph-100,000.00] and the cash balance within 30 days [-
Pph-4,820,303.70] for an Effective Total Cash Price of -
Pph-4,920,303.70
Pay Cash and take a full 30% discount [Save -Pph-1,640,101.00] on
ready occupancy Building =93C=94 & =93D=94 Suites. Pay the Reservation Now =
[-
Pph-100,000.00] and the Cash balance within 30 days [-
Pph-3,726,902.90] for an Effective Total Cash Price of -
Pph-3,826,902.90.
These Two Bedroom Fully Furnished Suites may also be purchased on Five
Year Payment Terms through our simple no qualification =93In-House=94
Finance plans and are available with a 15% Down Payment. Pay the
Reservation Now [-Pph-100,000.00] and the down payment within 30 days
[-Pph-720,050.62] with resulting Balance payable over 60 consecutive
equal monthly payments -Pph-113,004.88
For more information, specifications and reservations please do not
hesitate to contact us:
Beth Collingz- Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Email: plcmar...@lancastersuites.com
Web: http://www.lancastersuites.com [Philippine Condotel Investments]
Web: http://www.condotel-rentals.com [Cebu Condotel Rentals]
Web: http://www.condotel-cebu.com [Cebu Condotel Investments]