Orlando-Enterprises Real 

Estate Property header graphic  Orlando-Enterprises.net
 Real Estate Brokers and Sales Agents

Clickbank Products

Condotels (condo-hotels) - New Hotel Phenomenon Set To Sweep The Philippines
By lancastersuites
Interest in the Philippines condominium hotels sector has increased significantly in the past two years following many years of intermittent development and association with other shared ownership vehicles, says Beth Collingz in her recent report: 'Condominium Hotels-The Philippines Latest Hotel Phenomenon'
Beth Collingz, Overseas Marketing Director, investment Sales for PLC International Marketing the lead marketing partners for Pacific Concord Properties Inc's Lancaster Brand of Condotels in the Philippines explained: A condominium hotel is a hotel operating unit which is sold to individual equity investors, where each owner acquires a room, suite or studio whilst the whole enterprise is managed as a hotel operation under a single brand.

Buyers own their units the same as regular condos. There is no time limit to ownership. All Condos come with freehold title deeds. The Condotel model is similar to the serviced apartment or apart hotel sector and is suitable for an investor who wants to test the water in hotel investment.

We are seeing more and more sophisticated customers coming to the market and a change in demand patterns; the traditional timeshare products seem past their prime. This, plus an increase in investment appetite for the hospitality sector, suggests that the condominium market looks set to grow Collingz continued: Many international hotel brands have also declared that the Philippine hotel landscape is ready for condominium hotel developments, either in conjunction with self-contained hotel operations, as fully self-contained condominium plans or as a part of a mixed-use development plan such as the Lancaster Brand.

Condominium hotels are significantly less developed in the Philippines than in the US, in part owing to a low cost residential focused market as well as the lack of development in the hotel sector since the 1997 Asian Crisis. Alternative hotel ownership are featuring more and more in the hotels sector, with the rise of condominium hotels and a shift in investor strategy, thus creating a new investor profile. At the moment, the Philippine condominium market is being targeted and driven by private retail purchasers, typically reasonably net worth individuals attracted by a city centre or a resort investment foothold although we are now seeing more and more first time property buyers moving into the Condominium Hotel marketplace said Collingz.

Metro Manila and Cebu are particular favorites as an investment destination. There is room for a wider pool of institutional and real estate investors to invest in a portfolio of condominium units or the establishment of an investor-developer partnership.

Collingz continued that a lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, specially UK Housing prices, and the easy payment options available for our Condo Hotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condo Hotel Investments where they can use the Condo for vacations and rent it out through our In-House Condotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit.

Pacific Concord Properties Inc’s Lancaster - The Atrium, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2010, the Lancaster Atrium will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condo Hotel Rental Pool and earn Rental Incomes as Owner Non-Residents when not using their units through Condotel Management. This makes the Lancaster Brand of Condotels, one of the Hottest Investment Opportunities in the Philippines.

Part of the success story for this sector will be the education of a whole new investor base previously accustomed to buy-to-let residential plans or conventional commercial real estate investments, together with the emergence of a secondary market in the Philippines to demonstrate transparency and liquidity said Collingz.

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines Phone: Manila [632] 717 1958 Fax: Manila [632] 718 1828 Pacific Concord Properties Inc., Cebu Office Lapu-Lapu City, Mactan. Cebu. Philippines Phone: Cebu [6332] 340 0721 Fax: [6332] 495 4938 EMail: plcsales@pldtdsl.net www.lancastersuites.com www.plcglobalpinoy.com

Real Estate Sales Agents articles:
Mactan Serviced Apartment Rentals Becoming Popular With Travelers To Cebu, Philippines
By PLCMarketing
Lancaster Cebu Resort Residences [LCRR] in Mactan, Cebu, a boutique Brand Name Condotel investment of Pacific Concord Properties Inc, is now ready to accept guests in the Condo Hotel. Under the Read more...
House And Lot Philippines:filipinos Prefer To Buy Low Quality Raw Materials They Used To Construct Their House?
By hamid reside
A good structure of your house may depend on what materials you used in building it. Some prefer to buy expensivebut some are not.When we talked about  low quality  materials it comes with Read more...

Ads By CbproAds

Real Estate Sales Agents News:

Corporate Real Estate Leasing Specialist at Quest Diagnostics (Collegeville, PA)
seek a Corporate Leasing Specialist. Work with members of Corporate Real Estate (CRE) and Business Units, as well as ... lease research, review and processing of all annual real estate tax and CAM reconciliations. Required Knowledge:...
COMMERCIAL REAL ESTATE / CORPORATE ASSOCIATE ATTORNEY at Alevistar Group (Plymouth Meeting, PA)
of experience in either Commercial Real Estate, general Corporate or both. Duties include representing both ... in negotiating leases and agreements of sale. On the Corporate side candidates should be experienced representing...
Director, Real Estate & Facilities - IL, MD, or PA Job at Exelon (Kennett Square, PA)
real estate portfolio and upgrades the delivery of real estate and corporate facilities services. PRIMARY ... that planning and strategy reflect best corporate real estate practices. - Consults with the operating company Real...
Real Estate Manager at Penske (Reading, PA)
Job Summary: The Real Estate Manager will handle corporate and field projects to oversee the establishment of new ... activities. Qualifications: * Minimum of 5 years in a corporate real estate department or similar...
Real Estate Sr. Analyst Job at BNY Mellon (Plymouth Meeting, PA)
real estate investment strategies. Focused exclusively on real estate, our investment approach includes top-down ... in real estate strongly preferred; understanding of real estate and capital markets; exceptional quantitative...
Real Estate Sales Associate / Sales Representative at Weichert, Realtors (Paoli, PA)
A family of full-service real estate and financial services companies, Weichert offers todays real estate customer a com ... real estate sales career with Weichert!Job Description: Our Real Estate Sales Associates are passionate about their work...
Real Estate Sales Associate / Sales Representative at Weichert Realtors (Mullica Hill, NJ)
A family of full-service real estate and financial services companies, Weichert offers today's real estate customer a co ... in real estate sales offers several perks that a regular corporate position cannot, such as: Flexibility in schedule...
Commercial Real Estate Paralegal at Kelly Services (Wilmington, DE)
is currently searching for an experienced Commercial Real Estate Paralegal for an in-house position in ... a real estate practice group within a law firm or as a real estate paralegal within a corporate law department. Specific...
Real Estate Securities Analyst Job at BNY Mellon (Plymouth Meeting, PA)
for maintaining research coverage of 20 to 30 real estate companies. You will make stock recommendations ... committee. Responsibilities include: *Macroeconomic real estate research. *Analysis of public documents and SEC...
Commercial Real Estate Paralegal at Kelly Law Registry (Wilmington, DE)
is currently searching for an experienced Commercial Real Estate Paralegal for an in-house position in ... a real estate practice group within a law firm or as a real estate paralegal within a corporate law department. Specific...
Data Entry - Customer Service Representative - $22+/hr at Real Work at Home Jobs (Reading, PA)
sales, human resources, retail, health, education, IT, real estate and many others. Teachers, retirees, ... successful entrepreneurs because they've learned that they aren't going to achieve real wealth working for someone...
Corporate Treasury Analyst at Tyco Electronics (Berwyn, PA)
and corporate staffs (including Controllers, Corporate Real Estate, FP&A, Human Resources, Tax and Procurement) to ... Corporate and commercial attorneys, Corporate Controllers, Corporate Tax, Corporate Human Resources, Procurement,...
Corporate Sales Professional at Ave By Korman Communities (Malvern, PA)
field? AVE by Korman Communities, pioneers in the corporate housing industry, is seeking talented sales ... communities, establishing a powerful reputation within the real estate industry. AVE by Korman Communities recognizes...
Executive Assistant (Philadelphia, PA)
Assistant Company: Job Chit Chat Industry/Environment: Real Estate (Corporate environment with competitive benefits and compensation) Responsibilities: * Assist President/Owner with administrative support * Process all accounts payables...
Maintenance Technician at Ugl Services (Philadelphia, PA)
is a multi-disciplinary, integrated corporate real estate services and facilities management firm that aligns clients real estate and maintenance needs with their business strategies to create a competitive advantage. The companies we...
Service Manager at AIMCO (Philadelphia, PA)
AIMCO Careers About Aimco Welcome to the ?Corporate Information? Section of the Aimco website. This section is designed ... to provide information for investors, the news media, real estate professionals and member of the public in...
Mortgage Loan Processor II at Univest (Souderton, PA)
loan status with the customer (External consumer, real estate agent, builder; Internal loan officer) Process loans ... and resolve problems with limited supervision Knowledge of real estate lending practices including: federal and state...
Six Sigma Black Belt at Discovery Solutions (Collegeville, PA)
: Coach, Mentor and Manage GBs in the Corporate Supply Chain Functions : Identify and present business cases for highest ... priority Black Belt projects in the Materials Management, Real Estate, Purchasing activities of the department using...
Loan Officer at Embrace Home Loans (Wilmington, DE)
Loan Officer will generate volume from the sale of real estate secured financing and develop volume from alternative ... informed of trends, changes and developments in the local real estate market. Be aware of what competitors are doing.
National Marketing Manager at Liberty Property Trust (Malvern, PA)
Partner with the Vice President of Corporate Communications/Investor Relations to manage the Liberty brand and ensure a ... experience working in a marketing capacity for a commercial real estate company is a plus. Strong attention to detail,...