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Now Showing: Philippines Real Estate > Central Visayas Region > Cebu Province > Cebu City > Club Ultima
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Your Very Own Private Haven in Paradise

A nice photo of Condo Unit For Sale in Club Ultima, Cebu City, in the Philippines

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REAL ESTATE OVERVIEW

Location Club Ultima, Cebu City
Offering Development (with a variety of units to choosen from)
Name Crown Regency Resort and Convention Center™
Property Type Condo Unit
Transaction For Sale
Asking Price P 5,000,000 ~ P 10,800,000
Floor Area 34 m² ~ 81 m²
Terms Negotiable

PRICING INFORMATION

P 5,000,000
~
P 10,800,000
SHOW CURRENCIES

Price/Floor Area P 134,000/m² ~ P 149,254/m²

PROPERTY DESCRIPTION

Name:

Crown Regency Resort & Convention Center (Construction commences on November, 2007)
Area:

457-room resort condotel with an approximate area of 16,000 sq.m.

We are offering the following proposal for investors:

* Opportunity to own a piece of tropical paradise in premier vacation capital of the Philippines through acquisition of a Preferred Stock Share ownership representing a specific Condotel Unit.
* Condotel Unit ownership with Club Ultima membership.
Check the website www.cebuinvestment.com/club-ultima.html
* Hotel room nights privileges in any Crown Regency chain of hotels, nationwide: Cebu, Davao, Mactan, Makati, and Boracay.
* Access to world class facilities through Interval International hotel exchange of more than 2,000 affiliated hotels and resorts, worldwide.
Check the website www.intervalworld.com.
* Guaranteed *45 days FREE nights per year accommodation even during peak season (with priority booking as Unit owner).
* Projected substantial returns on investment through Condotel operation.

* not valid under guaranteed fix payback program

457 fully furnished condotel units
Resort has six (6) glass elevators to cover all floors.
Philippine and Foreign Nationals are eligible (residents or non-residents).

In order to give maximum benefits to the investors, the privileges in owning a unit are:

* Every year each condotel unit owner gets a *45-day Free Stay at the resort in his unit or the equivalent room type. (Transferrable, Valid for one year and is non-cumulative)
* Plus 7-day FREE stay at Club Ultima or any Crown Regency operated hotels nationwide (annually).

Subject to 3 months prior notice before expiry, the unused 45-day free stay is convertible to same room night equivalent at any Crown Regency hotel with no expiry period.

The *45-day free stay could also be exchanged with 2,000 Interval International affiliated hotels & resorts worldwide. Check the website www.intervalworld.com

This unique condotel investment opportunity entitles the unit owner the added advantage of using multiple properties in any Crown Regency Hotel & 2,000 resorts worldwide - An unmatched privilege never offered by any other company in the Philippines today.

* not valid under guaranteed fix payback program

Payback A
Estimated 7-year Full Return of Investment
(based on a T3 unit with a projected room rate of Php5,000.00 per night)

Your PhP 5.0 M investment gives the following returns:

* *45- day FREE Stay (with an option to sell or use)
* Income from a 320-Day enrolment in Condotel operations.

# A very conservative assumption of 60% occupancy per year and Php 5,000.00/day still gives you a projected income of 480,000.00 per year
# Compared to a bank desposit with a maximum of 5% interest, your Php 4.0 M earns you only Php 200,000 per year

# Condotel Enrollees earn Php 280,000.00 MORE than the standard bank deposit once the Condotel is operational and the Unit is fully paid.
# In addition to the projected net income, investors have their *45-day Free Stay guaranteed benefit which they have the option to sell.
# An Investor can easily sell their *45-day FREE stay to travel agencies especially during peak season.

# The bigger the investment, the higher the returns. Investors could look forward to an estimated 5-year full return of their investment once the Condotel is operational and Unit is fully paid for. In the meantime, he can enjoy the good life in Boracay or the privileges & benefits of being a member of Club Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.


# Upon operation of the condotel, investors will receive percentage of income based on the payments made to the total contract value.

* If investor has paid less than 50% of the total contract value, investor receives 25% of the income due.
* If investor has paid 50% to 70% of the total contract value, investor receives 50% of the income due.
* If investor has paid 71% to 90% of the total contract value, investor receives 75% of the income due.
* If investor has fully paid the total contract value, investor receives the full income due him.

Payback B (Guaranteed Fix Payback Scheme)

* If an investor wish to avail of the guaranteed fix payback scheme, he must surrender his 45 Free days to Fuente Triangle Realty Development Corporation. In return, he will receive an annual income of 12% of the *acquisition price for 15 years from the start of the condotel operation provided that he has fully paid the total contract value of the investment.


Example: Php5.0 M investment (Acquisition Price)
12% of investment is Php 600,000.00 per year
x 15 years = Php 9.0 M (Total income for 15 years)

# Buy-back Program 5 years after condotel operations, investors can have the following options:

* Resell the unit at the open market.
* Resell the unit to Fuente Triangle Realty Development Corp. at *acquisition price.
* Resell the unit to the open market through Fuente Traingle Realty Development Corp. for a minimal fee.

AREA DESCRIPTION

Boracay is a tropical island conveniently located at the northwestern tip of the Province of Aklan. It is a coral island with a total land area of 1,083 hectares. It is 7 kilometers long, 0.5 kilometers at its narrowest and 2 kilometers at its widest, laced with a beautiful stretch of beach 4-kilometer long that is known for its powdery white sand unequaled not only in the Philippines but anywhere else in the world.

Boracay is composed of 3 barangays of the Municipality of Malay with a local population of about 13,000 whose main source of livelihood is tourism. The island was declared a tourist zone in 1978 and tourism development has expanded rapidly since then.

Boracay is the Philippines’ major tourist destination. Tourist arrivals in 2005 was 499,457. The average yearly increase from 1998 to 2005 was about 20%. Local tourists accounted to 69% of arrivals in 2005 while foreign tourists consisted of 31% of arrivals. The influx of foreign tourist manifests an increasing trend since 2003, with Koreans registering the single largest nationality that visited the island, accounting to 65% of foreign tourists.
Getting to Boracay
Plane (Philippine Airlines, Cebu Pacific, Asian Spirit, and SEAIR)

Traveling by air via Kalibo / Caticlan is the fastest way to go to Boracay from Manila or Cebu. Travel time is about 35 minutes.

* Asian Spirit and South East Asian Airlines have more than forty-five (45) flights daily from Manila to Caticlan and other routes.
* Philippine Airlines and Cebu Pacific each has three (3) flights daily via Kalibo.
* Soon, Air Philippines and Cebu Pacific will fly the Manila to Caticlan air route.

Sea Ferry

Via Dumaguit thru Negros Navigation and WGA Superferry. Travel time is about 12 hours. However, upon reaching Dumaguit, you still have to travel about 1½ to 2 hours by land before reaching Caticlan jetty port.
Land

The cheapest way to Boracay is the Roll-on/Roll-off (RORO) trips to Panay Island. Daily PhilTranco airconditioned or non-airconditioned buses leave to Panay via Caticlan. From Manila (by way of bus) to Batangas pier, travel time is about 2 to 3 hours depending on the traffic. Batangas to Calapan (by boat) takes 2 hours; another 2 hours (by bus) from Calapan to Roxas pier, then 4 hours (by boat) from Roxas pier to Caticlan jetty port.

Location:

* Located in Barangay Balabag along the main road of Central Boracay.
* Only a 3-minute leisure walk (5-meter wide brick flooring) to the Station 2 Beach.
* Only 5-minute walk to Bolabog Beach
* Safe, located near Boracay Police & Coast Guard station.

How to Get to Crown Regency Resort & Convention Center:

* Only 5 minutes away from Caticlan Airport is the Crown Regency Welcome Center with the staff to welcome and assist you. Parking facilities for privately owned vehicles are available.
* Crown Regency, with its own private boat, will take you to Boracay Island.
* When you reach the island, a private shuttle van of Crown Regency will transport Unit owners and guests within the island.

AREA DETAILS

Security The building of this property has 24 hour security.
Neighborhood Area Resort central

PROPERTY DETAILS

Building Structure

    Height 3 floors
    Construction Concrete
Elevator Yes
Rooms
    2 Bedrooms
    2 Bathrooms (Toilet + Bath)
    Laundry Room
    Gym Room
    Water Park
    Swimming Pool
    Food & Beverage Outlet
    Convention Center
Amenities
    Water Supply
    Air Conditioning
    Phone Line
    Broadband
    Backup Power Supply
    Cable/Satellite
    Water Heater/Boiler
    Bath Tub(s)
    Jacuzzi™
    Fire Alarm
    Intercom
    Security Camera
    Earthquake Proof
    Fitness Center
Shared Amenities
    Security Guards
    Swimming Pool
    Gym
Swimming Pool Yes - shared
Wheelchair Access Yes

FURNISHINGS

The property is fully furnished.

    Beds
    Chandelier
    TVs
    Fire Extinguishers

MORE INFORMATION

CONTACT INFORMATION

This property is offered by the authorized representative:

Username boracayinvestment
Name Crown Regency Resort Boracay

    639277011144
    639194199888 It's OK to send text (SMS) messages.
    boracayinvestment

    Please Take Note

    Kindly be advised that the local time is now 00:32 AM.
    infoboracayinvestment.com
    boracayinvestment
    http://www.BoracayInvestment.com

Preferred Contact Method

If possible, please use this user's preferred contact method, which is:
    Email - directly to my email address
Alternatively, this user's second most preferred contact method is:
    Instant Messenger - Yahoo!

CONTACT FORM

To: boracayinvestment


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