NOW, real estate development is booming in Boracay with the foreseen tourist influx in Boracay there will be a high demand for rooms; the potential to have a constant rent opportunity is promising. Profitability will depend on a number of factors such as seasonality, marketing and operational efficiencies. It has to been seen from the perspective of the viability of the whole island as a major tourist destination.
Crown Regency offers you an exciting opportunity to Co-Own a Hotel, owning a unit comes fully furnished. You own the unit; this is not a time share. You are given a 45 Days free every year to enjoy your unit any time you like, in a priority basis, without blocking Peak seasons like Christmas, New Year or Holy Week. Or enjoy other Crown Regency hotels in Makati, Cebu and Davao or use it outside Philippines.
Crown Regency Boracay is being developed by Fuente Triangle Development Corp, owned by J.K and Sons Company. Construction commenced November 2007 and target delivery date is November 2009. Total of 382 units. With the largest swimming pool in town plus with performance mermaid around the pool. And with the biggest convention centre to have all over Boracay.
Crown Regency Boracay opens its doors to all interested investors. You are welcome to own a condominium unit valued at P 4 M for a 33.5 sq.m. fully furnished unit. As a unit owner, you may use your unit for 45 DAYS a year, anytime you want; definitely FREE because it is yours, then for the rest of the year (320 days), it will be leased to tourists at regular Tariff rates. How do you make money? You will get 50% of the rental rate per night, meaning if the tariff is at $100 per night, then you get $50 as unit owner.
This is really one of the best investments one can make, why?
- You can be a proud co-owner of a Triple A/Five Star Hotel, because you can confidently say I own a unit at Crown Regency Boracay.
- You will have an EXCELLENT Potential INCOME on ROOM RENTALS without the hassles of looking for a tenant. The Hotel will have its own marketing team to market the rooms. It is hassle free to look for a tenant especially if you are based abroad
- Your unit will be well maintained. When you have a rental property, you are not assured that those renting it will take care of it while they live in your unit, while at Crown Regency, your hotel room is maintained to TOP Class HOTEL STANDARDS!
To view our Video, link to the following
http://www.youtube.com/watch?v=13mxKfbh_TM
http://www.youtube.com/watch?v=ukd-M39Mvnw
PICTURES
http://picasaweb.google.com/realtyphilippinesonline/CROWNREGENCY http://picasaweb.google.com/realtyphilippinesonline/CROWNREGENCYBORACAYHOTELANDCONVENTIONCENTERConstructionUpdate http://picasaweb.google.com/realtyphilippinesonline/FromManilaToKaliboKaliboToCaticlanJettyPortDownToBoracayJettyPort http://picasaweb.google.com/realtyphilippinesonline/VisitorsInBoracay ONCENTERConstructionUpdate http://picasaweb.google.com/realtyphilippinesonline/VisitorsInBoracay
Units are getting sold really fast; inquire now while we have units!!! Price increase will be announced real soon.
