THE LODGINGS
CONDOTEL CONCEPT
Being sold are the most prime condominium units in Boracay. Buyers
therefore, become
co-owners of the interiors of the purchased unit, the common areas of
the condominium and
the lot where the building stands which is more or less 2,500 square
meters.
Each unit will be covered by a Certificate of Condominium Title (CCT).
Each unit will be leased back to the Club for 15 years to be managed and
operated as a
hotel. The unit shall be part of the pool of rooms for rental and
operated by Newport Creek
Hospitality, Inc.
During the leaseback period, the unit owner maintains the option to sell
his unit anytime
provided the taker will abide, assume and continue with the leaseback
agreement.
After 15 years, the unit owner will have the option to renew the lease
for an additional 15
years to the hotel operators or rent it out on his own.
|
 |
|
THE LODGINGS
Affordable Investments, Great Returns...
The Lodgings offer first-class accommodations to short-term staying
guests. The convenient location within the resort makes The Lodgings
desirable to guests who enjoy the active pace of their vacations.
Such advantages translate to higher returns to investors.
A cluster of 7 Villas near the entrance of Fairways & Bluewater
72 units per villa
Initially 6 villas to be put up or a total 432 units in all.
Fil-Estate Urban will finance 2 villas while the other 4 will be
financed by various joint venture partners
Unit sizes range from 30, 32 and 35 sq.m. |
|
|
|
|
 |
The architectural theme for the Villatels is a perfect blend of
Asian and tropical mixtures in a very contemporary interior
design.
Unit sizes are from
30, 32 & 35 sq.m.
|
|
|
|
|
-Fully furnished units
-Professionally managed
-Quick Return on
Investment (ROI)
-Global marketablility
-Secured Ownership,
covered by a Condominium Certificate of Title (CCT) |
-Income stream from
rental earnings
-Worry-free ownership
-30 days free
accommodation annually during leaseback term
-Access to Club
membership privileges
–Pride of ownership in
an exclusive community |
|
Developer: |
|
Joint Venture: |
|
|
|
|
|