TLC OVERSEAS PROPERTIES ARE DELIGHTED TO BRING TO YOU THIS BRAND NEW DEVELOPMENT IN THE PHILIPINES.
JUST RELEASED SO WE ARE COLLATING VARIOUS INFORMATION BUT YOU ARE FIRST TO KNOW, AND FIRST TO REGISTER AN INTEREST.
KEY FEATURES
1) High Rental Returns - between 13% and 19% pa..
2) Four weeks personal use
3) Strong Economic Growth.
4) Guaranteed returns.
5) 60% finance available.
7) High tourist growth figures.
Location
Mactan Island is located in the Bohol Strait off the eastern shore of the island of Cebu.
Rectangular in shape, the low-lying coral island has extensive mangrove forests and offers some of Asians best diving, incredibly lush golf-courses, modern shopping centers, fine-dining restaurants, lively entertainment centers; including a casino, some of the finest powder-white beaches, and the renowned, exquisite charm and hospitality of the Cebuano people
Development
Blue Coral Resort is a beach front resort in a stunning location and offers:-
96 Studio Condo hotel rooms from £59,000
24 Two bed Condo hotel rooms from £96,000
10 Two bed pool villas £120,000
10 Three bed pool villas £170,000
These prices are fixed and will be contracted in GBP to avoid any issues with exchange rates.
The project will be run as a 5star resort hotel offering investors yields of between 13% and 19%, guaranteed for 5 years on a rolling contract (continues after the 5th year). This has been achieved by block selling the resort to a major Asian tour company.
Finance is available for 60% of the purchase price, which is facilitated by a bank in the Philippines using private investors funds specifically allocated for this project.
Rental example:-
Example investment - Studio
Purchase price £59,000.00
Deposit £23,600.00
Rentals
292 nights @ $100 $29,200.00
Annual Management fee (25%) $7,300.00
Annual service charge (25%) $608.33
Net annual Income $21,900.00
GBP @ 1.84 £11,499.22
As a percentage 19.49%
Based on $100 per night and 80% guaranteed occupancy.
Register
Register for immediate delivery of full investment briefing pack once available. Provisional reservations can be taken, once we have liaised with developer for you. |
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Property Type: Apartment
Date Built: 2010
Name/Reference: TLC - CORAL |
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Country: Philippines |
| Region: Cebu
(Mactan Island)
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| City / Town: Mactun Island
Find city/town on map
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| Location: On Beach,
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Airport 1: , Distance: 20 km
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Property Features:
Floor Area: 48 (m2)
Land Area: 48 (m2)
Bedrooms: 1
Bathrooms: 1
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Shared Pool
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| Asking Price: |
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63,425 |
73,477 |
102,272 |
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CONTACT INFORMATION |
| Contact: |
TLC OVERSEAS PROPERTIES |
| Company: |
tlc overseas properties ltd |
| Language(s): |
English |
| Location: |
England - Help
calling |
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| Telephone: |
| Phone numbers |
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Phone 1: 44-1908 340581
Phone 2:
Fax No: 44-870 460 5908
Mobile:
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| Email: |
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Kitchen:
Fitted Kitchen
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Other:
Garden/Grounds
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Local Amenities:
Bars Restaurants Nightclubs Golf Course Car Hire Gym Food Shops
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Local Activities:
Fishing Surfing Scuba Diving Horse Riding Historical Sites/Culture Golf
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