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.
