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Area Guide: Philippines > Western Visayas Region > Aklan Province > Malay Town > Barangay Balabag
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Boracay Crown Regency condotel condo hotel

A image of Condo Unit For Sale in Barangay Balabag, Malay Town, in the Philippines

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REAL ESTATE OVERVIEW

Location Barangay Balabag, Malay Town
Offering Development (with a variety of units to choosen from)
Name Crown Regency resort & convention center ™
Property Type Condo Unit
Transaction For Sale
Asking Price P 4,000,000 ~ P 8,000,000
Floor Area 33 m² ~ 59 m²
Terms Fixed and non-negotiable

PRICING INFORMATION

P 4,000,000
~
P 8,000,000
SHOW CURRENCIES

PROPERTY DESCRIPTION

An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!

PROPOSAL-

We are offering investors a unique investment proposal-

* Opportunity to own a piece of tropical paradise premier vacation capital of the Philippines through stock share ownership while responding to the demand for more accommodations in Boracay.
* Capacity to earn substantial income in a growing industry.
* Assurance of a vacation home with a breathtaking panoramic view of one of worlds finest beaches even during peak season.

PROJECT -
Name - CROWN REGENCY RESORT HOTEL - Central Boracay

Area - 304-room resort condotel with an approximate area of 10,194 sq.m

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
*
Safe, located near Boracay Police & Coast Guard Station

Structure -

Three and a half – storey high.
Guest will have access to the best facilities
- The largest swimming pool in Boracay
- 1,000 pax Ballrooms & Conference Rooms
- Fitness gym
- Food and Beverage outlets - Laundromat

How to Get to Crown Regency Resort Hotel Central Boracay-

*
Only 5-minute away from CAticlan Airport is the Crown Regency Welcome Center, our crew will be there to welcome & assist you.
*
Crwon Regency will take you to Boracay Island via its own private boat
*
When you reach the island, our own private shuttle van will transport unit owners & guests within the island.

PROPONENT -
Property Owner - Boracay Multiple Properties Developers, Inc., - a 100% subsidiary of J. Kings and Sons Co. Inc..

Developer and Marketing - Fuente Triangle Realty Development Corp – the company behind the rising Ultima Residences Towers in Metro Cebu.

Condotel Management - Crown Regency Hotel Group, an experience & established hotel chain operating -

- Crown Regency Suites in Mactan, Cebu
- Crown Regency Residences in Guadalupe, Cebu
- Crown Regency Residences in Davao
- Crown Regency Hotel & Towers n Fuente Osmeña, Cebu
- Crown Regency Hotel in Makati (Sept. 2007)
- Crown Regency Resort Hotel, West Boracay Station 3 (June 2008)

PRODUCT-

*
Philippine and Foreing Nationals are eligible (Residents or non-residents)
*
Investors will purchase company stock share in Boracay Multiple Properties Developers, Inc. one(1) stock share is equivalent to one(1) condotel unit.
*
Unit are designed on a thirty (30) sq.m. (standard) or forty-five (45) sq.m. (with loft) equivalent to one (1) stock share.]
*
Units are all fully furnished with kitchen, TV and standard hotel amenities.
*
Investors will have the option to reside in their units or enroll in the condotel operations. For residing investors, they will have to pay administrative maintenance fees as in standard condotel operation.
*
For condotel enrollees, the administrative and maintenance fees will be deducted from gross income from Condotel Operations.

PRIVILEGES-

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

*
45-day Free stay at the resort every year for Condotel enrollees. ( Valid for one year and is non-cumulative)
*
Plus 7-day free stay at Club Ultima or any Crown Regency operated hotels nationwide annually.
*
45-day free stay can be converted to Free stay privilege certificates at any of the Crown Regency hotel chain of proeprties & other off-site facilities with no expiry period on a one to one room night value.
*
Investors could also exchange their Club Ultima 7-day Free stay privileges in any of the 2,900 Interval International affiliated hotels & resorts worldwide.
*
The 45-day Free Stay can also be used to get additional room nights with Interval International.
*
AN ADDITIONAL ONE-TIME SIGNING BONUS OF 45-DAY FREE STAY AT ANY CLUB ULTIMA OR CROWN REGENCY OPERATED HOTELS (except Boracay) FOR CASH INVESTORS


PAYBACK- As an investor, your US $68,000 (Php 3.3M0 investment has a 45 day FREE stay (with an option to sell or use) & a 320-day for enrolment in Condotel operations.

Let us compute the projected income based on the assumption of a US $100 room rate/day and at different occupancy rates.

320 days @ 320 days @ 320 days @
80% occupancy= 70% occupancy = 60% occupancy =
256 days 224 days 192 days
x US $100/day x US $100/day x US $100/day

US $25,600 US $22,400 US $19,200

Deduct approx. 50% as Deduct approx. 50% as Deduct approx. 50% as
management fee, taxes, management fee, taxes, management fee, taxes,
incentive bonus incentive bonus incentive bonus

Projected US $ 12,800 US $ 11,200 US $ 9,600
Net Income (Php 620,800) (Php 543,200) (Php 465,600)
Anually

*
At a very conservative assumption of 60% occupancy/year & US $ 9.600/year (Php 465,600)

Bank Deposit VS Condotel Enrolment
with an estimated annual interest with an assumption of 60% occupancy
of 5%, gives you and room rate of US $100/day
US $ 3,400 (Php 165,000)

US 9,600 (Php 465,600)

* Condotel Enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.
* In addition to the projected net income, investors have their 45-day FREE Stay guaranteed benefit which they have the option to sell

45-DAY FREE STAY / year
with an option to sell or use worth (Based on an assumption of 4-star hotel rate
US $4,500 ( Php 218,250) of US $100/day in Boracay)

* An investor gets an estimated total of US $14,100 ( Php 683,850) / year
* An investor who sells their 45-day Free Stay on peak season gets more added incentives.
* Investors could look forward to an estimated 5year full return of their investment while enjoying 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.

PROMOTION-

*
45-DAY VACATION IS IDEAL FOR FOREIGNERS WHO WISH TO STAY WARMTH & ENJOY THE TROPICS WHEN THEIR COUNTRY IS EXPERIENCING WINTER SEASON.
*
CONDO UNITS WILL BE AVAILABLE IN CLUSTERS 6 OR 8 WITH ONE COMMON COURTYARD FOR GROUP ACTIVITIES. IDEAL FOR LARGE FAMILY OR FRIENDS.
*
INVESTORS CAN LIKEWISE RECOMMEND THEIR FRIENDS TO BUY UNITS IN THEIR CLUSTERS SO THEY CAN HAVE THEIR VACATION TOGETHER OR TAKE TURNS OF USING THE UNITS FOR THEIR OWN FAMILY VACATION ON DIFFERENT SEASONS.

PAPERWORKS -

*
Investors will sign an investment agreement to purchase a stock share from Boracay Multiple Properties Developers, Inc. equivalent to one specific condotel unit
*
When payment is fully paid, investors will receive a stock share ownership certificate
*
Stock share ownership can only be resold whne fully paid.
*
No capital gains tax involved.

Please feel free to contact us at the following:

Ms. Christie M. Dagatan
Email: christie@CebuInvestment.com
Tel no.: +63 32-5180805
Mobile nos.:
+63 927-7011144 Globe
+63 922-7811881 Sun
+63 919-4199888 Smart
Yahoo Instant Messenger ID: christie_dagatan2006@yahoo.com

AREA DESCRIPTION

more info at http://cebuinvestment.com/crown-regency-boracay.html

http://travel.yahoo.com/beaches
http://www.askmen.com/fashion/travel_top_ten/8_travel_top_ten.html

BORACAY

*
ONE OF THE MOST BEAUTIFUL ISLAND AND THE COUNTRYS BEST JEWEL KNOWN WORLDWIDE. Only 35-min. flight from Metro Manila and 50-min. flight from Cebu City. Easily accessible by land, air & sea
*
According to 2007 latest report, (script from ABS-CBN Sports Unlimited Presented last 10om of May 26, 2007 Hosted by Marc) Boracay won the title as the BEST TROPICAL RESORT in the WORLD.
*
According to the Department of Tourism, the island needs about 10,000 rooms but currently there are only 5,000 available.
*
THE ISLAND WELCOMES 400,000 VISITORS EACH YEAR FROM ALL OVER THE WORLD.
*
2nd Quarter of 2004, the Kalibo airport started accepting international chartered flights from Korea and Taiwan
*
Majority of Boracay foreign tourists come from Korea, USA, Germany, UK, China and Japan


Ms. Christie M. Dagatan
Email: info@CebuInvestment.com
Tel no.: +63 32-5180805
Mobile nos.:
+63 927-7011144 Globe
+63 922-7811881 Sun
+63 919-4199888 Smart
Yahoo Instant Messenger ID: christie_dagatan2006@yahoo.com
Website: http://cebuinvestment.com/
video gallery: http://youtube.com/user/christiesdottk

AREA DETAILS

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

    General Hospital 15 min
    Downtown Area 5 min
    Seaside 5 min
    Shopping Mall 5 min
    Police Station 5 min
    Fire Station 5 min
    Domestic Airport 5 min
    International Airport 45 min

PROPERTY DETAILS

Building Structure

    Height 3 floors
    Construction Concrete
    Strength Steel columns and beams
Elevator Yes
Rooms
    1 Bedroom
    1 Bathroom (Toilet + Bath)
    Sala
    Kitchen
Amenities
    Water Supply
    Air Conditioning
    Phone Line
    Broadband
    Backup Power Supply
    Cable/Satellite
    Water Heater/Boiler
    Bath Tub(s)
    Fire Alarm
    Burglar Alarm
    Intercom
    Security Camera
    Tiled Floor
    Earthquake Proof
    Feng Shui Compliant
Shared Amenities
    Security Guards
    Swimming Pool
    Gym
Swimming Pool Yes - shared
Wheelchair Access Yes

FURNISHINGS

The property is fully furnished.

    Beds
    Closets
    Wardrobe
    Carpets
    Curtains + Blinds
    Dining Table
    Chandelier
    TVs
    Stereo
    Barbecue Grill
    Air Purifier
    Paintings
    Ornamental Plants

MORE INFORMATION

http://cebuinvestment.com/crown-regency-boracay.html

INQUIRIES FOR THIS PROPERTY

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All information on this page has been provided by the user and has been accepted in good faith. Ah Yer! Philippines does not guarantee the verity of any data given, and any interested party must verify all information regarding this property directly with the offerer.





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