Hailed as the best beach in the woorld, Boracay Island's breathtaking 15 kilometer stretch of fine white sandand the surronding clear blue wate are so breath taking that we call it our own brand of paradise. Paradise Discovered...
They say that a secret never remains a secret.
Decades ago, Boracay Island was a treasured and a well-guarded Pacific Destination frequented by Europeans. Few people shared the secret of Boracay, and enjoyed the island as a private and prestine gem in the treasure map of Asia.
In the 1970's, a foreign movie crew accidentally discovered this island paradise and reveled its wealth of beauty to the world.Boracay Island, once an untouched stretch of powdery white sand, has emerged as the number one tourist destination in the Phiippines.
The Whole world has discovered glimpses of Boracay's wonders. The most spectacular natural white beach in Asia is now an exuberant location and leisure spot for upscale visitors from all parts of the world.
Guest numbering in the hundreds of thousands make their holidays in Boracay each year. The need for luxury accomodations is now addressed by the resort community of Fairways and Bluewater, Newcoast. The Villas on the 9th and The Lodgings are two new five-star condotel developments hat will soon be available behind the gates of the exclusive property.
NEWCOAST, BORACAY
THE MOST EXCLUSIVE AND ONLY “GATED” RESORT IN BORACAY
WITH THREE (3) “PRIVATE” BEACH COVES
128 HECTARES OF PRIME PROPERTY
OR APPROXIMATELY 1/10 OF THE ISLAND
A MASTERPLANNED RESORT & LEISURE COMMUNITY
WITH SEVERAL COMPONENTS
1ST COMPONENT
FAIRWAYS & BLUEWATER
RESORT GOLF & COUNTRY CLUB
(THE FLAGSHIP PROJECT IN NEWCOAST, BORACAY)
18-HOLE RESORT GOLF COURSE
DESIGNED BY GRAHAM MARSH
THE ONLY GOLF COURSE IN THE ISLAND OF BORACAY
WITH SCENIC OCEAN VIEWS
&
MAN-MADE ROCK & WATER FEATURES
CREATED BY LIVINGWATERS OF U.S.A.
(Designers of Blizzard Beach Disneyland)
AVANA SPA AT THE SOLITUDE BEACH
(PARADISE COVE)
THE 1ST FLOATING SPA IN THE PHILIPPINES
MASSAGE TREATMENTS
SIGNATURE MASSAGE
HOT STONE THERAPHY
GOLFER’S REMEDY
SWEDISH MASSAGE
SHIATSU / ACUPRESSURE
FACIAL CARE
GOLFER’S FACIAL EXPERIENCE
REJUVINATING FACIAL MASSAGE
FOOT PLEASURES
GOLFER’S FOOT MASSAGE
LUXURIOUS FOOT SPA
SPA LUXURY MANICURE
SPA LUXURY PEDICURE
SPA PACKAGES
ISLAND PRINCESS PACKAGE
THE GOLFER’S SPA PACKAGE
COUPLES INTIMATE TREATMENT
HAIR PAMPERING
HAIR NOURISHING TREATMENT
2ND COMPONENT
THE PRIVATE BEACH COVES
THE FIESTA COVE
$65 MILLION 420-ROOM
PALMERSTON 6-STAR HOTEL COMPLEX
FINE DINING
BOUTIQUES
SPORTS FACILITIES
POOL VILLAS
THE 3RD COVE
PLANNED LUXURY RESIDENTIAL COMPLEX
THE PARADISE COVE
HOTEL COMPLEX
BEACH CLUB & SWIMMING POOL
SHOPPING ARCADE
WATER SPORTS FACILITIES
3RD COMPONENT
THE RESIDENTIAL VILLAS
Balaihara
A cluster of 9 Villas overlooking Hole #1 of the golf course
Each villa shall consist of 30 units
Inner units are 54.9 sq.m. while corner units are 70 sq.m.
First 4 buildings are fully operational
Individual CCTs will be ready by March 2008
The Lodgings
A cluster of 7 Villas near the entrance of Fairways & Bluewater
72 units per villa
Initially 6 villas to be put up or a total 432 units in all.
Fil-Estate Urban will finance 2 villas while the other 4 will be financed by various joint venture partners
Unit sizes range from 30, 32 and 35 sq.m.
The Villas on the 9th
4 Villas overlooking Hole #9 of the golf course
26 units for each villa
Studio, 1BR and 2BR unit sizes range from 46, 48, 50, 55, 60, 80 and 130 sq.m.
Villa Ysabel is fully operational.
Villa Sofia will be ready by March 2008
Villa Maria & Margarita ready by August 2008
THE CONDOTEL CONCEPT:
Being sold are the most prime condominium units in Boracay. Buyers therefore, become co-owners of the interiors of the purchased unit, the common areas of the condominium and the lot where the building stands which is more or less 2,500 square meters.
Each unit will be covered by a Certificate of Condominium Title (CCT).
Each unit will be leased back to the Club for 15 years to be managed and operated as a hotel. The unit shall be part of the pool of rooms for rental and operated by Newport Creek Holidays, Inc.
During the leaseback period, the unit owner maintains the option to sell his unit anytime provided the taker will abide, assume and continue with the leaseback agreement.
After 15 years, the unit owner will have the option to renew the lease for an additional 15 years to the hotel operators or rent it out on his own.
THE BENEFITS:
Secured Investment evidenced by a Condominium Certificate of Title
Worry-free ownership during the leaseback period
30 Days of free and reserved 5-star accommodations
Flexibility in usage of 30 days
1 week out of 30 days can be used during peak seasons
Access to Club Membership privileges, i.e., free access to club facilities.
100% Unit Owner’s share of Net Income from hotel operations
Quick Return-on-Investment (ROI) / Recurring Income
High appreciation value of real estate property (average of 16% per annum during the past 5 years)
Global Marketability
Pride of ownership of a property in the number one tourist destination of the Philippines
PRICE IS ONLY P115,000.00 per sq.m. (INCLUSIVE OF FURNISHINGS)
Balaihara
54.90 SQ.M.
P6,313,500.00
70.00 SQ.M.
P8,050,000.00
The Lodgings
30.00 SQ.M.
P3,450,000.00
32.00 SQ.M.
P3,680,000.00
35.00 SQ.M.
P4,025,000.00
Villas on the 9th
46.00 SQ.M.
P5,290,000.00
48.00 SQ.M.
P5,520,000.00
50.00 SQ.M.
P5,750,000.00
60.00 SQ.M.
P6,900,000.00
80.00 SQ.M.
P9,200,000.00
130.00 SQ.M.
P14,950,000.00
CASH SALE WITH 10% DISCOUNT ON THE CONTRACT VALUE
50% OUTRIGHT DOWNPAYMENT WITH 10% DISCOUNT ON THE DOWNPAYMENT. 50% BALANCE PAYABLE WITHIN 12 MONTHLY AMORTIZATIONS, INTEREST-FREE
FOR THE LODGINGS ONLY – 30% DOWNPAYMENT PAYABLE WITHIN 18 MONTHS AT ZERO INTEREST. 70% BALANCE PAYABLE WITHIN 3 TO 5 YEARS AT 15% INTEREST PER ANNUM. OPTION: P100,000 PER UNIT
BORACAY UPDATES:
Hundreds of thousands of local and international tourists are flocking to Boracay every year.
The plans for the conversion of Caticlan into an international airport are already with the National Economic Development Authority.
Another international airport in Carabao Island (Just 15 minutes off the northern part of Boracay) will start construction this year
KALIBO AIRPORT started accepting international chartered flights from overseas emanating from Korea and Taiwan
Active marketing of the 14-Day Visa-Upon-Arrival Privilege to China and direct flights to KALIBO will increase rate of Chinese visitors to Boracay.
The Department of Tourism projects that tourist arrivals in Boracay will reach 1 million by 2010.
THE OPPORTUNITY:
At present, there are only 227 resorts with about 3,122 rooms in the island (but only 1,670 are accredited by the Department of Tourism).
Boracay Island is experiencing a constant & growing need for more comfortable places for tourists and vacationing families to stay at.
THE RESULT:
Tourism is not maximized due to the SHORTAGE OF ROOM ACCOMMODATIONS
ROOM SHORTAGE as of 2007:
600,000 visitors @ average stay of 3 nights
= 1,800,000 room nights
1,800,000 room nights divided by 295 days
(80% annual occupancy rate)
= 6,101 rooms
If all rooms are double occupancy (6,101 / 2)
= 3,050 rooms
Number of DOT accredited rooms
= 1,670 rooms
Estimated Room Shortage at Present
= 1,380 rooms
PROJECTED ROOM SHORTAGE FOR 2008:
730,000 visitors @ average stay of 3 nights
= 2,190,000 room nights
2,190,000 room nights divided by 295 days
(80% annual occupancy rate)
= 7,423 rooms
If all rooms are double occupancy (6,101 / 2)
= 3,711 rooms
Number of DOT accredited rooms = 1670 + 500
(assuming 500 can be completed within the year)
= 2,170 rooms
Estimated Room Shortage for 2008
= 1,541 rooms
PROJECTED ROOM SHORTAGE BY 2010:
1,000,000 visitors @ average stay of 3 nights
= 3,000,000 room nights
3,000,000 room nights divided by 295 days
(80% annual occupancy rate)
= 10,169 rooms
If all rooms are double occupancy (6,101 / 2)
= 5,084 rooms
Number of DOT accredited rooms = 1670 + 1,500
= 3,170 rooms
Estimated Room Shortage by 2010
= 1,914 rooms
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