ENJOY THE CONDOTEL ADVANTAGE!

Condotels are probably the fastest growth areas in the hotel industry today.

There are numerous benefits to owning a Condotel rather than other real estate investments.

Do you go on holiday often? If so, you should consider choosing a secure property which is managed while you are away.

Condotel units are investment vehicles which produce rental revenues that can partially or completely offset the costs of owning and maintaining the vacation home. The beauty about owning a condotel unit is that you also get more facilities and amenities compared to that of a regular condominium development, since in essence, it’s similar to purchasing a unit at a hotel.

These Condotels appreciate at a very desirable rate , most especially if they are purchased at their pre-selling stages. In Urban and developed areas, one can enjoy an annual rate of return of between 10% to 12%. Furthermore, it is the Condotel properties that are seeing higher appreciation rates than traditional single family homes and condos

Condotels are very attractive to investors or foreigners living outside the Philippines whom wish to own a vacation home but don't want to undergo the hassles of maintenance or renting out the property when they are not using it. Less than $63,000 will purchase a reasonable 560 sqft 1 Bedroom unit at the Subic Holiday Villas with projected Annual ROI through Rental Incomes of some 10 -12%.

The 2nd phase of Subic Holiday Villas presents an even better purchase opportunity for International investors. Studios at the Initial Launch Price can be purchased from only $31,140. Purchasing at this price would give a projected Annual ROI through future rental Incomes of some 12 - 14% per annum when operational from 2009. Additionally, the value of the Philippine Peso has enabled many European and American Investors to obtain upscale Condotel units for what amounts to "Bargain Prices".

Most people will have the management rent the units out for them to offset the costs , and sometimes even creating a positive cash-flow, it becomes a "Self-Liquidating" investment. If you want to use your unit, simply call up the management company and let them know that you'll be using your unit on specific dates, and they set it aside so no-one else uses it. Normally 30 days per annum are allowed for owner use of the units enrolled in a Condotel Rental Pool. Most Condotels now operate on a common or cooperative basis with rental incomes equally divided between the unit owners in respect to their unit size. This means that even if your unit was not rented out during any particular month you will always receive a fair share of the rental income from the pooled net operations income.

The Smart “Self-Liquidating” Investment Advantage!

Many of our clients are now purchasing the fully furnished “Ready-For-Occupancy” Condotel Suites at the Subic Holiday Villas that are already operational. Condotels also have been appreciating in value at rapid rates in the last few years. Many investors have made incredible profits just purchasing and selling these units.

Mature buyers are telling us that they are interested in moving into smaller, more manageable properties as their families grow up and move into homes of their own. They are looking to release their capital and purchase a secure home which requires less upkeep and maintenance, which in turn frees them up to enjoy their leisure time as they head towards retirement.

These apartments fit the bill, not only for those looking to downsize but also for young professionals, couples and first time buyers looking for a stylish place to live.

Subic Holiday Villas can be purchased as either vacation homes to buyers whom would probably only occupy the units no more than one month per year or purely as an investment and let their unit earn profits while they are away. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit. However, in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making ownership of a condotel unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit with all the services provided by day, week, or month.

Subic Holiday Villas will be the hub of activity for residents, including a Salon and Spa, Fitness Center , Barbecue Grill, Business Center , Owner's Lounge, Events Center , Jogging Path, Swimming Pool, and much more.  And the on-site, dedicated rental management office will handle everything for those who want rent out their homes.

 


 

 




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