Apart-hotels are an opportunity for investors to purchase into a new asset class with much higher yields than traditional buy-to-let properties.

The rental opportunity is achieved through a need for hotel accommodation, rather than residential letting markets. There are three key reasons why buyers are keen to invest in Apart-hotels or Condotels in the Philippines" Collingz continues, Firstly, it's a completely hands-off investment: the developer builds the hotel, and the management company runs it. Their job is to operate the hotel, maintain it and ensure maximum room occupancy and, as they receive a percentage of the nightly room rate, they are motivated to do so.

Secondly, because investors income is a percentage of the nightly, weekly or monthly room rate of the rental operations pool of all the units in the development rather than a monthly income from a single rented property, they are not exposed to substantial monthly deficits.

From a financial perspective, the income level compares favorably with traditional buy-to-let. Generally, expected income levels are sizeable 12-16% ROI per annum would not be unusual in a well-selected apart-hotel. If suggested income levels on a development are much below 10%, we would not consider promoting it as it would not represent a good investment opportunity for our clients said Collingz.

In the Philippines this form of investment seems set to outstrip the traditional buy-to-let rental market. At present, Metro Manila and regional towns such as Cebu, lack hotel rooms meaning that occupancy levels in any developments are likely to be high.

Most new investors in the Lancaster Suites Manila are established UK property investors who are looking for a UK product with a higher yield and no operating deficits. However, Apart-hotels are also attracting first time buyers looking to establish themselves on the property ladder whilst making yearly income as well.

Demand for apart-hotels is increasing as investors become more aware and better informed about the opportunities on offer. And whilst finding financing for overseas property has been difficult in the past, PCPI offers all buyers a no prequalification In-House 12 year payment plan with zero down payment, making the entry level open to may first time investors.

Lancaster - The Atrium, located in Shaw Boulevard, Metro Manila, is a "Full Service" Apart-Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2010, Lancaster will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Rental Pool and earn Rental Incomes as Owner Non-Residents when not using their units. This makes Lancaster Manila, one of the Hottest Investment Opportunities in the Philippines said Collingz.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the current price are the interior finishing?s such as tiled & semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture?s, furnishings, air-conditioning, lighting fixtures and appliances will be available towards the time the units are closer to being completed continued Collingz

Posted by Jeffrey Packer on December 13, 2008 at 12:00 AM

About Jeffrey Packer
Jeffrey Packer is affliated with All Pro Real Estate Inc., which is located in Brigham City, UT. For further assistance please use the contact information located on the right.




As of 05/25/12 the Jeffrey Packer RePage is ranked at 4,555 with 400 points.

Lancaster Hotels, Land & Properties Inc geared for Beth Collingz, International Marketing Director of PLC International, lead marketing partners for PCPI's Lancaster Brand of Condotels in the Philippines said PCPI's hotel division currently operates the Lancaster Cebu Resort Residences condo rental operations and Lancaster Hotels, Land & Properties Inc will now add the operations of the Lancaster Suites Manila. We are pleased to have reached the point of operations for the Lancaster Brand in Manila and believe this strategic investment will further PCPI's aim to be a niche market leader in Condo Hotel development in the Philippines. The synergies of PCPI's developments will help both PCPI and Lancaster Hotels, Land & Properties Inc grow to new heights. PLC International Marketing Networks are excited to be part of the PCPI Group and this marks a new chapter for the company and the Lancaster brand. With PCPI Group's commitment, resources and support, Lancaster Hotels, Land & Properties will now be able to chart a future that will see the Lancaster Condotel brand reaching its potential. We will be working closely with PCPI to roll out brand initiatives and establish a stronger presence in the Philippine Condo Hotel marketplace added Collingz. Lancaster Hotels, Land & Properties, together with PCPI, will allocate considerable resources and effort to augment the Lancaster Brand of Condotel portfolio across the Philippines. Foremost in the plans is the establishment of a significant presence in key cities of Metro Manila and Cebu. LHLPI will also be expanding its product range further into the leisure market as well as the extended stay market. Lancaster Cebu Resort Residences, located a mere 3 minutes from Mactan-Cebu International Airport, provides guests with easy access to all the essentials of urban living. This ideal location will complement the Condotel operation since Lancaster Cebu will function as a condominium hotel ? a preferred accommodation choice of businessmen and holiday travelers alike. Guests can check-in to any of the executive studio suites for as low as $35 a night or to any of the two-bedroom loft rooms at $65 a night plus 13% Government Tax whilst longer term discounted rates for monthly and yearly lease rentals are also available said Collingz. Lancaster Suites Manila, is centrally located along Shaw Boulevard, Metro Manila some 200 meters from EDSA-Shaw Boulevard Light Rail Transit Station and the Ortigas Center business district, provides guest access to its own unique Mini Mall feature with prerequisites of the urban dweller. Schools, hospitals, banks, restaurants, shopping malls, and leisure are all found within a few minutes from the Condotel. Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. For the soft launch, LHLPI will prepare special promotional room rates aimed at budget and business travelers whilst longer term discounted rates for monthly and yearly lease rentals are also to be made available said Collingz. LHLPI will be even more committed to its guests and Condo Hotel partners. To support the Condo Rental Operations in Manila and Cebu, PLC International, apart from strengthening and expanding sales and marketing offices worldwide, there will be an emphasis to drive greater profitability for its hotel owners. Guests staying at the Lancaster Suites Manila and Lancaster Cebu Condo Hotels and Resorts can look forward to product and service enhancements which will make their stay even more memorable. Posted by Jeffrey Packer on December 13, 2008 at 12:00 AM About Jeffrey Packer Jeffrey Packer is affliated with All Pro Real Estate Inc., which is located in Brigham, UT. For further assistance please use the contact information located on the right. As of 05/25/12 the Jeffrey Packer RePage is ranked at 7,156 with 355 points.

Local Information for Brigham City, UT

Latitude: 41.510192 -- Longitude: -112.015011

Other Area Cities:   Brigham City, UT  North Ogden, UT  Logan, UT 

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Brigham City is a city in Box Elder County, Utah, United States. The population was 17,411 at the 2000 census. By 2004 its estimated population had decreased slightly to 17,149. It is the county seat of Box Elder CountyGR6. It lies on the western slope of the Wellsville Mountains, a branch of the Wasatch Range at the western terminus of Box Elder Canyon. Brigham City saw most of its growth during the 1950s and 1960s, but has seen a struggling economy and stagnating growth since then. It is currently the headquarters of Thiokol, the company that created the solid rocket boosters for the Space Shuttle.Was the namesake of American movie director, producer, writer and actor Richard Dutcher's 2001 film Brigham City about murder in a fictitious small Mormon town. Due to geography and population, the movie was actually filmed in Mapleton, Utah.There is one high school, one middle school, one intermediate school, and five elementary schools in Brigham City, part of Box Elder School District. -- Source: Wikipedia.com

Utah 2000 Census Population Profile Map

	Brigham City	Utah	United States
Population	17,411	2,233,169	281,421,906
Median age	28.8	27.1	35.3
Median age for Male	27.7	26.7	34
Median age for Female	30.2	27.7	36.5
Households	5,526	701,281	105,480,101
Household population	17,091	2,192,689	273,643,273
Average household size	3.09	3.13	2.59
Families	4,410	535,294	71,787,347
Average family size	3.53	3.57	3.14
Housing units	5,838	768,594	115,904,641
Occupied units	5,526	701,281	105,480,101
Vacant units	312	67,313	10,424,540

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