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REAL ESTATE FOR SALE (£ GBP 63,425)
Apartment for sale in Mactun Island Mactan Island Cebu Philippines

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  For Sale Apartment in Mactun Island, Cebu, Philippines Russian Italian Spanish Dutch French German English stumbleupon facebook del.icio.us google Windows Live Yahoo My AOL
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.
Property Type: Apartment
Date Built: 2010
Name/Reference: TLC - CORAL
Country: Philippines
Region: Cebu (Mactan Island)
City / Town: Mactun Island      Find city/town on map
Location: On Beach,
Airport 1: , Distance: 20 km ,
Property Features:
Floor Area: 48 (m2)
Land Area: 48 (m2)
Bedrooms: 1
Bathrooms: 1

Shared Pool
Asking Price:
£ GBP
€ Euro
$ USD
 
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
Telephone:
  Display Phone Numbers

 Phone numbers

 Phone 1: 44-1908 340581
 Phone 2:
 Fax No:   44-870 460 5908
 Mobile:    
 Email:
  Send Enquiry
 
 
Other property features   

Kitchen:
Fitted Kitchen

Other:
Garden/Grounds

Local Amenities:
Bars
Restaurants
Nightclubs
Golf Course
Car Hire
Gym
Food Shops

Local Activities:
Fishing
Surfing
Scuba Diving
Horse Riding
Historical Sites/Culture
Golf
 
This Apartment has been viewed: 7686 times since Wednesday, October 22, 2008 | Property ID: PH195833
For Sale Property: Apartment in Cebu, Mactun Island, Philippines
The property information is provided by the owner/agent Click here to read our disclaimer.
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