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    <title>PLC International Marketing Networks - Latest Press Releases on ReleaseWire</title>
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      <title>Buy to Let Suite Deals: Investing in Philippine Hotel Rooms</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Lancaster Manila Condo Hotels introduces no prequalification 100 percent financing 12 Year Payment Plan for Philippine Condotel Suites</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 08/27/2009 --   Buy to Let Investors may purchase Lancaster Atrium Condotel on 12 year payment terms that provides for 40% of the purchase price of the unit to be paid over 4 years without interest and the remaining 60% over 8 years which can be partially or fully offset from income on the Condotel rentals. Units may also be purchased on a 5 Year No Interest Charge Term of payment. Turnover of units Lancaster Atrium will be from December 2011.<br />
<br />
Lancaster&apos;s Pay Safe policy requires all payments to be made to Lancaster Atrium&apos;s Banco de Oro Unicapital Escrow Trust Account. <br />
<br />
The 12 year payment plan is open to all buyers of Lancaster – The Atrium Premiere Executive Studio Suites whether local or foreign, is so easy to process and provides for Premiere Executive Studio [Semi Fitted] Condotel Suites to be purchased an initial Reservation fee of only -Php-25,000.00 for a 32.50sqm [350sqft] Suite [Contract Price -Php-3,776,760.00 including Sales Tax] then 48 consecutive monthly payments of only -Php-32,046.28 [No Interest for the first 4 years] and thereafter 96 consecutive monthly payments of -Pph-43,658.09 to complete the balance of the purchase price. Although there is a Lock-in Period of eight (8) years and other conditions require monthly installments shall be covered by post dated checks – this new payment plan proves very popular with overseas Filipinos looking to purchase investment property back home in the Philippines<br />
<br />
The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for overseas investors whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 12-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management.<br />
<br />
Lancaster Atrium Premiere Executive Studio Suites<br />
Price Effective: May 16, 2009. [Semi Fitted Suites Quoted in Philippine Pesos]<br />
<br />
Lancaster Atrium Premiere Executive Studio Suites. Floor Area 32.50sqm [350sqft] Total Purchase Price -Pph-3,776,760.00 [Including Taxes] These units are either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay. <br />
<br />
Premiere Executive Studio Suites may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments -Pph-62,529.33. Alternatively Save -Pph-225,105.80 by making a Reservation -Pph-25,000.00 then within 30 days a 30% Net Down Payment of -Pph-900,422.40 and Balance payable without interest over 60 consecutive equal monthly payments of -Pph-43,770.53.<br />
<br />
Premiere Executive Studio Suites are available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans. Pay -Pph-25,000.00 initial Reservation for a 32.50sqm [350sqft] Premiere Executive Studio Suite [Contract Price -Pph-3,776,760.00] then 60 equal consecutive monthly payments of only -Pph-52,368.32 with the balance of -Pph-1,238,080.80 either payable in cash on turnover or to be financed over another 60 months payment plan.<br />
<br />
Cash Payment option; take 20% discount on contract price plus purchase Tax Savings of -Php-814,544.70. Effective Cash Price -Pph-2,962,215.36. Make the initial Reservation payment [-Php-25,000.00] and within 30 days pay 90% [-Php-2,640,993.82] the remaining 10% [-Php-296,221.54] on unit turnover.<br />
<br />
Premiere Executive Studio Suites [Semi Fitted Condotel Suites]<br />
Twelve [12] Year Payment Plan<br />
<br />
The 12 year payment plan is open to all buyers of Lancaster – The Atrium Premiere Executive Studio Suites whether local or foreign, is so easy to process and provides for initial Reservation fee of only -Php-25,000.00 for a 32.50sqm [350sqft] Suite [Contract Price -Php-3,776,760.00 including Sales Tax] then 48 consecutive monthly payments of only -Php-32,046.28 [No Interest for the first 4 years] and thereafter 96 consecutive monthly payments of -Pph-43,658.09 to complete the balance of the purchase price.<br />
<br />
All Lancaster Residential [Semi Fitted] Suites Unit Features Include:<br />
<br />
* Vitrified ceramic tiles in living, dining areas<br />
* Ceramic tiles in kitchen and toilet and bath<br />
* Toilets with mechanical ventilation<br />
* Plastered cement walls and ceilings with painted finishes<br />
* Provisions for split type air-conditioners<br />
<br />
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including all required items of Condo Hotel furniture&apos;s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware&apos;s, linens etc will be available prior to completion.<br />
<br />
For Available Premiere Executive Studio Suite Listings please Email for details.<br />
<br />
For a Copy of the Lancaster Suites PowerPoint Condotel Investment Presentation... <br />
<br />
Copy and paste the following URL directly into your Web Browser<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13" href="http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13">http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13</a><br />
<br />
Collingz said all units at Lancaster Suites have basic kitchen facilities. The standard unit price [Semi Fitted Suites] provides for the suite to be semi-finished but not fully furnished or fitted. Included in the current standard basic price for the &apos;Semi-Fitted&apos; units are the interior finishing&apos;s such as tiled &amp; fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area tiled floorings and lower kitchen cabinets/work tops installed. Ceilings and walls are painted cement finish, whilst buyers can also avail of fully furnished suites for clients intending to join the Condotel rental pool.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/30793">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=30793&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 27 Aug 2009 01:30:43 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Pacific Concord Properties Lancaster Atrium Manila Condotel Construction in Full Swing</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 08/06/2009 --   The Lancaster Atrium Condotel development of Pacific Concord Properties Inc along Shaw Boulevard, Metro Manila is all set to be completed from December 2011 with construction now in full swing. Currently on the 8th level of the 42 storey structure, it is expected to be &apos;topped&apos; off by mid 2010. <br />
<br />
Beth Collingz, PLC International Marketing Director, lead marketing partners of Pacific Concord Properties for the Lancaster Brand of Condotels in the Philippines, said despite the financial crisis in many parts of the World, the company&apos;s latest sale of Condotel units drew not only overseas Filipinos but significant numbers of international buyers from Europe, Australia, Canada and United States. Units in their latest project, Lancaster – The Atrium at Shaw Boulevard, Metro Manila, range from studio units to three-bedroom penthouse suites with full kitchens and are 90% sold. <br />
<br />
Construction is well on the way on the Atrium project, excavations, foundations, sub basements, 5-levels of basement parking, lower and upper ground floors are already in place. Construction of the 5-Level Podium and Swimming Pool deck is nearly completed whilst the buildings&apos; superstructure is currently on the 8th level of the 42 storey structure and will be topped off next year for completion from December 2011. Lancaster – The Atrium is the second mixed use Condotel tower developed by Pacific Concord Properties located in Shaw Boulevard, Metro Manila, adjacent to the completed Lancaster Suites.<br />
<br />
Owners of Lancaster Condotel units can stay in their units permanently and enjoy hotel style living 365 days a year or can enroll in the Condo Hotel rental pool and share rental income. Lancaster Atrium Manila together with the completed Lancaster Suites Manila, one of the hottest real estate investments in the Philippines, will be the hub for Lancaster Condotels. The 42-story Lancaster Suites Manila, features studio, one-bedroom and two-bedroom Condotel units, as well as penthouse suites. The units are available for sale or daily, weekly or monthly rental. The Lancaster Atrium Condotel development will include the Lancaster Mini Mall with grocery and convenience stores, retail center, restaurants, business center, a private exclusive members only Businessman&apos;s Club and spa on the site, she said. Current selling prices range around $200 per square foot on 12 year payment plans. <br />
<br />
The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for overseas investors whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 12-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management.<br />
<br />
Lancaster Atrium Condotel Suites may be purchased on a 12 year payment terms that provides for 40% of the purchase price of the unit to be paid over 4 years without interest and the remaining 60% over 8 years which can be partially or fully offset from income on the Condotel rentals. Units may also be purchased on a 5 Year No Interest Charge Term of payment. Turnover of units Lancaster Atrium will be from December 2011.<br />
<br />
All payments will be made to Lancaster Atrium Banco de Oro Unicapital Escrow Trust Account. It is anticipated; given the track record on sales of Tower I Units that property appreciation for buyers of Atrium Units will be at least 60-70% on turnover of units. <br />
<br />
The 12 year payment plan is open to all buyers of Lancaster – The Atrium Premiere Executive Studio Suites whether local or foreign, is so easy to process and provides for Premiere Executive Studio [Semi Fitted] Condotel Suites to be purchased an initial Reservation fee of only -Php-25,000.00 for a 32.50sqm [350sqft] Suite [Contract Price -Php-3,776,760.00 including Sales Tax] then 48 consecutive monthly payments of only -Php-32,046.28 [No Interest for the first 4 years] and thereafter 96 consecutive monthly payments of -Pph-43,658.09 to complete the balance of the purchase price. Although there is a Lock-in Period of eight (8) years and other conditions require monthly installments shall be covered by post dated checks – this new payment plan proves very popular with overseas Filipinos looking to purchase investment property back home in the Philippines<br />
<br />
Lancaster Atrium Premiere Executive Studio Suites<br />
Price Effective: May 16, 2009. [Semi Fitted Suites Quoted in Philippine Pesos]<br />
<br />
Lancaster Atrium Premiere Executive Studio Suites. Floor Area 32.50sqm [350sqft] Total Purchase Price -Pph-3,776,760.00 [Including Taxes] These units are either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay. <br />
<br />
Premiere Executive Studio Suites may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments -Pph-62,529.33. Alternatively Save -Pph-225,105.80 by making a Reservation -Pph-25,000.00 then within 30 days a 30% Net Down Payment of -Pph-900,422.40 and Balance payable without interest over 60 consecutive equal monthly payments of -Pph-43,770.53.<br />
<br />
Premiere Executive Studio Suites are available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans. Pay -Pph-25,000.00 initial Reservation for a 32.50sqm [350sqft] Premiere Executive Studio Suite [Contract Price -Pph-3,776,760.00] then 60 equal consecutive monthly payments of only -Pph-52,368.32 with the balance of -Pph-1,238,080.80 either payable in cash on turnover or to be financed over another 60 months payment plan.<br />
<br />
Cash Payment option; take 20% discount on contract price plus purchase Tax Savings of -Php-814,544.70. Effective Cash Price -Pph-2,962,215.36. Make the initial Reservation payment [-Php-25,000.00] and within 30 days pay 90% [-Php-2,640,993.82] the remaining 10% [-Php-296,221.54] on unit turnover.<br />
<br />
Premiere Executive Studio Suites [Semi Fitted Condotel Suites]<br />
<br />
Twelve [12] Year Payment Plan<br />
<br />
The 12 year payment plan is open to all buyers of Lancaster – The Atrium Premiere Executive Studio Suites whether local or foreign, is so easy to process and provides for initial Reservation fee of only -Php-25,000.00 for a 32.50sqm [350sqft] Suite [Contract Price -Php-3,776,760.00 including Sales Tax] then 48 consecutive monthly payments of only -Php-32,046.28 [No Interest for the first 4 years] and thereafter 96 consecutive monthly payments of -Pph-43,658.09 to complete the balance of the purchase price.<br />
<br />
All Lancaster Residential [Semi Fitted] Suites Unit Features Include:<br />
<br />
* Vitrified ceramic tiles in living, dining areas<br />
* Ceramic tiles in kitchen and toilet and bath<br />
* Toilets with mechanical ventilation<br />
* Plastered cement walls and ceilings with painted finishes<br />
* Provisions for split type air-conditioners<br />
<br />
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including all required items of Condo Hotel furniture&apos;s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware&apos;s, linens etc will be available prior to completion.<br />
<br />
For a Copy of the Lancaster Suites PowerPoint Condotel Investment Presentation... <br />
<br />
Copy and paste the following URL directly into your Web Browser<br />
<br />
<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13" href="http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13">http://www.lancastersuites.com/index.php?option=com_remository&amp;Itemid=26&amp;func=select&amp;id=13</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/30208">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=30208&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 06 Aug 2009 01:25:42 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Lancaster Suites Manila Condotel Christmas | New Year Holiday Rental discount rates announced</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 07/20/2009 --   Pacific Concord Properties Lancaster Brand of Condo Hotels in Manila are offering a newly improved reservation system on its website www.condotel-rentals-manila.com with online booking service that allows for fast and simple booking a Manila hotel room. <br />
<br />
For Reservations simply complete guest details with the dates of stay. There is no requirement of any advance deposit or credit card information for low season reservations. Simply confirm you arrival date and flight details for airport pickup if required. Payment can then be made in cash/credit card upon check in. <br />
<br />
Beth Collingz, PLC International Marketing Networks&apos; director for sales of the Lancaster Condotels in the Philippines said many people ask me what&apos;s the difference between a hotel and a condominium hotel. Well, the latter is intended for the frequent traveler who checks in for an extended period of time. Focused on the specific requirements of business travelers who need to feel at home away from home, a condominium hotel or &apos;Condotel&apos; as they are now known, provide the luxury of a hotel and the convenience of one&apos;s own condominium. The units in a condominium hotel can be purchased and buyers can live there full or part time or as investment property and rent those out through the Condotel management when they are not using their suites said Collingz. <br />
<br />
Lancaster Suites Manila is the epitome of luxury and convenience. Each suite is lavishly and beautifully appointed, designed with plush interiors constructed to highest industry standards. Guest room amenities include complimentary breakfast and daily newspaper, cable television, broadband internet connection, in-room safety deposit box and electronic door lock system. Bathtubs are standard in all Condotel suites as are kitchen and dining facilities. <br />
<br />
For reservations, guests can simply send us an email with the dates you will be staying. Payment can be made in advance by telegraphic transfer/bank remittance or in cash/credit card upon check in said Collingz. <br />
<br />
SPECIAL PROMO ROOM RATES [TAX INCLUSIVE] <br />
Effective from July 16, 2009 – March 31, 2010 <br />
<br />
Junior Studio Suites are available with Queen or Twin Beds for 2 Persons<br />
Executive One Bedroom Suites come with Queen Bed for 2 Persons, <br />
Deluxe Two Bedroom Suites are available with Queen Bed and Single Bed for 3 persons<br />
Premier Deluxe 2 Queen Beds for 4 Persons. <br />
Lancaster Three Bedroom Suites have 2 Queen size and 1 Single Bed for 5 persons.<br />
* Children under 12 sharing with parents without extra bed are free of charge<br />
<br />
Avail of our Internet Promo rates and enjoy the luxury of staying in our well-appointed Lancaster Suites Manila at a discount on published rates. <br />
<br />
This promo is good for reservations made for short or long term stay until March 31, 2010. All rates include Buffet Breakfast for 2pax [Studio/1-Bedroom Suites] or 3pax [2/3-Bedroom Suites], Utilities, Electricity and Water consumption, Tax and Service Charges. <br />
<br />
Daily Rates in Philippine Pesos [PPH] - 1 Night Promo Rates <br />
<br />
Junior Suite Studio Pph 2,960.00 <br />
Executive Suite 1BR Pph 3,788.00 <br />
Deluxe Suite 2BR Pph 5,030.00 <br />
Premier Deluxe Suite 2BR Pph 5,380.00 <br />
Lancaster Suite 3BR Pph 6,410.00 <br />
<br />
Weekly Rates in Philippine Pesos [PPH] - 7 Night Promo Rates <br />
<br />
Junior Suite Studio Pph 18,648.00 <br />
Executive Suite 1BR Pph 23,863.00 <br />
Deluxe Suite 2BR Pph 31,689.00 <br />
Premier Deluxe Suite 2BR Pph 33,894.00 <br />
Lancaster Suite 3BR Pph 40,383.00 <br />
<br />
Monthly Rates in Philippine Pesos [PPH] - 30 Night Promo Rate <br />
<br />
Junior Suite Studio Pph 75,480.00 <br />
Executive Suite 1BR Pph 96,600.00 <br />
Deluxe Suite 2BR Pph 128,280.00 <br />
Premier Deluxe Suite 2BR Pph 137,190.00 <br />
Lancaster Suite 3BR Pph 163,470.00 <br />
<br />
* Reservations are subject to availability.<br />
* Rates are inclusive of service charge and government tax.<br />
* Children under 12 sharing with parents without extra bed are free of charge.<br />
* Rates are subject to change without prior notice.<br />
* Additional Breakfast –Pph-350.00 per pax<br />
* Extra Bed with Breakfast –Pph-1,200.00<br />
* Extra Bed –Pph-700.00<br />
<br />
Inclusions:<br />
<br />
* Complimentary Breakfast [Studio/One/Two Bedroom Suites 2pax Three Bedroom Suites 3pax]<br />
* Complimentary Daily Newspaper<br />
* Complimentary Bottled Water<br />
* Complimentary Use of Swimming Pool<br />
* Complimentary Car Parking [One Slot/room for In-House Guest] Non-hotel guest -Pph-20.00/hour Visitors –Pph-65.00/day<br />
* All units at Lancaster Suites have kitchen facilities and basic appliance<br />
* Scheduled shuttle service from Hotel to and from SM Mega Mall Ortigas Center<br />
<br />
Other Services:<br />
<br />
* All rooms have Cable TV<br />
* Broadband [Internet access –Pph-300.00/24 hours –Pph-1,500.00/week –Pph-4,500.00/month charges apply]<br />
* Wi-Fi Internet Access in Lobby Coffee Shop [Internet access –Pph-100 per hour charges apply]<br />
* Manila International or Manila Domestic Airport Transfers: Car -Pph-1,200.00 per trip Van -Pph-1,800.00 per trip.<br />
<br />
For your Reservation simply send us an email with the dates you will be staying. We do not require any advance or security deposit for reservations. Payment can be made in cash/credit card upon check in.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/29469">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.condotel-rentals-manila.com">http://www.condotel-rentals-manila.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=29469&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 20 Jul 2009 03:41:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Lancaster Cebu Condotel Christmas | New Year Holiday Rental Discount Rates Announced</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Lancaster Cebu are offering newly renovated Fully Furnished Studio and Two Bedroom units located in Mactan, Cebu... a few minutes from the Mactan-Cebu International Airport, on daily, weekly, monthly or yearly rental terms</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 07/12/2009 --   The recently opened Lancaster Cebu serviced apartment condotel rentals located in Mactan, Philippines, unveils a brand new online reservation system that yields instantly confirmed and secured hotel reservations <br />
<br />
Pacific Concord Properties Lancaster Brand of Condotels in Cebu are offering a newly improved reservation system on its website, www.condotel-rentals.com. This online booking service allows for fast and simple booking a Cebu hotel room. <br />
<br />
For Reservations simply complete guest details with the dates of stay. We do not require any advance deposit or credit card information for low season reservations. Payment can be made in cash/credit card upon check in. <br />
<br />
Beth Collingz, overseas sales director PLC International and lead marketing partners for the Lancaster brand of Condo Hotels in the Philippines said property is all about location. Mactan, Cebu, provides one with both the laid back pace of provincial living, as well as prerequisites of the urban dweller. Schools, hospitals, restaurants, shopping malls, and leisure are all found on the island itself. <br />
<br />
Cebu City is the acknowledged gateway and Queen City of the South. Cebu is the most important trading and commercial hub outside of Metro Manila. The Mactan-Cebu International Airport assures the arrival of a steady stream of international flights from Amsterdam, Frankfurt, Bangkok, Macau, Singapore, Jakarta, Hong Kong, Tokyo, Kota Kinabalu, Seoul and Qatar. Philippine Airlines will soon commence direct San Francisco – Cebu flights. There are also chartered flights from Inchon, Taipei, Kansai, Nagoya and Kaohsiung that arrive on a weekly basis. Cebu is identified by Asiaweek and Conde Nast Traveller as one of Asia&apos;s Best Cities. <br />
<br />
Lancaster Cebu Resort Residences, located a mere 3 minutes from Mactan-Cebu International Airport, provides you 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. Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. <br />
<br />
All rooms are fully air-conditioned, fully furnished with queen-size beds and have equipped kitchen facilities including microwave oven, stove and refrigerator. En-suite Bathrooms have Shower/Bathtubs and hot/cold running water. All rooms have Wi-Fi internet access and Cable TV. Studio Suites are available for double/single occupancy and have queen-size beds. Two Bedroom Apartments have two bathrooms and two queen-size beds for 2-4 person occupancy.<br />
<br />
SPECIAL PROMO ROOM RATES [TAX INCLUSIVE] <br />
Effective from July 16, 2009 – March 31, 2010<br />
<br />
STUDIO [2 Persons] <br />
<br />
Daily Rate Pesos: 2,203.50 <br />
Weekly Rate Pesos: 12,616.45 <br />
Monthly Rate Pesos: 38,985.00 <br />
Yearly Contract Rate Pesos: 22,600 [per month] <br />
<br />
TWO-BEDROOM SUITE [4 Persons] <br />
<br />
Daily Rate Pesos: 4,101.90 <br />
Weekly Rate Pesos: 22,701.70 <br />
Monthly Rate Pesos: 59,325.00 <br />
Yearly Contract Rate Pesos: 33,900.00 [per month] <br />
<br />
All rates quoted are fully inclusive of 13% government taxes. There are no security deposits or advances payable. Weekly Rates are based upon 7 nights. Monthly/Yearly rates are based upon 30 night months. Additional nights are charged at the pro-rated weekly or monthly nightly rate. All rates apply to single or double occupancy. Children below 12 without extra bed are free of charge when sharing room with adults. Baby cribs available upon request. These rates may be changed without prior notice. <br />
<br />
Inclusions: <br />
<br />
* Complimentary Use of Swimming Pools 06.00am – 10.00pm<br />
* Complimentary Car Parking [One Slot/room for In-House Guest only] Non-hotel guest -Pph-20.00/hour<br />
* Complimentary Wi-Fi Internet Access at the Pool Bar<br />
* Complimentary Wi-Fi Internet Access for selected Suites<br />
* Complimentary shuttle service from Hotel to and from Cebu-Mactan International &amp; Domestic Airports<br />
* All rooms have Cable TV<br />
* All units have kitchen facilities and basic appliances [Micro-Wave Oven, Refrigerator, Gas Range]<br />
* Room Rates are inclusive of twice a week housekeeping service, i.e., room make-up and linen change. <br />
* Utilities, i.e. electricity and water, including monthly condo dues are all inclusive on daily/weekly and monthly rates however are charged separately for yearly leases.<br />
<br />
Other Services:<br />
<br />
* A la Carte Breakfast charged from -Pph-150.00 per pax<br />
* Room Service 06.00am – 10.00pm<br />
* Business Center 07.00am – 10.00pm<br />
<br />
For your Reservation simply send us an email with the dates you will be staying. We do not require any advance deposit for reservations. We do not charge any security deposits. Payment can be made in cash/credit card upon check in. <br />
<br />
Airport transfers - pickup is complimentary. <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/29470">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.condotel-rentals.com">http://www.condotel-rentals.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=29470&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Sun, 12 Jul 2009 22:41:50 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>New Condotel Investment Developments Planned in Manila-Cebu Philippines</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">PLC International plan new high end luxury Buy to Let Beachfront Condotels in Cebu and in the Central Business district of Makati City, Manila, Philippines</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/24/2009 --   Beth Collingz, PLC International Marketing Director, lead marketing partners of Pacific Concord Properties for the Lancaster Brand of Condotels in the Philippines, said despite the financial crisis in many parts of the World, the company&apos;s latest sale of condotel units drew not only overseas Filipinos but significant numbers of international buyers from Europe, Australia, Canada and United States. Units in their latest project, Lancaster – The Atrium at Shaw Boulevard, Metro Manila, range from studio units to three-bedroom penthouse suites with full kitchens and are 90% sold. <br />
<br />
Owners of Lancaster Condotel units can stay in their units permanently and enjoy hotel style living 365 days a year or can enroll in the Condo Hotel rental pool and share rental income. Lancaster Atrium Manila together with the completed Lancaster Suites Manila, one of the hottest real estate investments in the Philippines, will be the hub for Lancaster condotels. The 42-story Lancaster Suites Manila, features studio, one-bedroom and two-bedroom condotel units, as well as penthouse suites. The units are available for sale or daily, weekly or monthly rental, Collingz said. <br />
<br />
The Lancaster Atrium condotel development will include the Lancaster Mini Mall with grocery and convenience stores, retail center, restaurants, business center, a private exclusive members only Businessman&apos;s Club and spa on the site, she said. Current selling prices range around $200 per square foot on 12 year payment plans. <br />
<br />
Construction already commenced on the Atrium project, excavations, foundations, sub basements, 5-levels of basement parking, lower and upper ground floors are already in place. Construction of the 5-Level Podium is nearly completed whilst the buildings&apos; superstructure will be topped off next year for completion from December 2011. Lancaster – The Atrium is also located in Shaw Boulevard, Metro Manila, Philippines, adjacent to the completed Lancaster Suites.<br />
<br />
Several new condotel projects are in the works on the other side of the country. Apart from our existing budget condotel in Cebu near Mactan International Airport, Collingz said that a major condo hotel project is being considered by the Company with several investors in Cebu, Philippines next year. "We&apos;ve got so many clients requesting for Luxury Condotel Suites in Cebu and other areas in the country," she said. "It&apos;s like a whole new era of Overseas Investments that are coming up -- it&apos;s not something that we&apos;ve typically seen in the past. (These Investors) are all characteristically looking for a five star hotel resort, with all the features of a hotel that can be used for vacations and then rent out the units when not in use".<br />
<br />
There are new and exciting luxury five-star properties or high end developments planned in Cebu Philippines next year that will be sold by invitation only and may start in the $150,000 to $200,000 range, but can go all the way up to $600,000 for 2 bedroom Penthouse suites and $800,000 for a Grand Penthouse. Of course, International gateways from Europe, South East Asian and the United States to Cebu-Mactan International Airport is within 10 minutes and, all units have sea views, beach toys and other lifestyle amenities such as spa, gaming center, and fine dining restaurants and will come fully furnished and finished to the highest European or US standards with fully fitted kitchens, fitted bedroom suites and every unit will be sold including all appliances, split type central unit air-conditioning, plasma TVs&apos; and state of the art condo-hotel management systems. Units will be significantly larger in size than a typical hotel room yet still a much better value for money investment option than paying $800,000 for a studio suite in maybe Dubai or Panama or a cool million dollars for a condo in Chicago.<br />
<br />
The planned high end Mactan Resort Condo Hotels will be quite close to the Cebu Convention Center and Cebu-Mactan International Airport, a key to good year-round occupancy numbers, she said. The square footage can range from 700 square feet to 1,800 square feet for one and two bedroom suites or more than 3,000 square feet split level penthouse suite. "Why can&apos;t we build, and sell, a - Trump Quality Condotel - in the Philippines and get the same buyers that flock to invest in his lifestyle developments enthused Collingz.<br />
<br />
The company is also in the final planning stage to develop a prime property in the Rockwell district, Makati, Metro Manila, by early next year – a 28-Storey mixed use Lancaster Suites Condo Hotel Makati and the Royal Lancaster Club Manila<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/28594">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=28594&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 24 Jun 2009 23:32:53 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Exclusive Philippine Property Forum Launched</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">The Philippines as a real estate investment destination has been a resurgence due in part to the relative low entry level and ease of financing now available. Government efforts through WOW Philippines promotions and the Retirement Authority's outlook is also spearheading drives to make the country one of the top tourism and investment destinations in South East Asia</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/22/2009 --   Beth Collingz, Overseas Marketing Director of PLC International, the lead brokerage firm for Pacific Concord Properties Inc&apos;s Lancaster Brand of Condotel developments in the Philippines said included in this ambitious plan is the development of infrastructure - with the construction of new highways, the increase of telecommunications, electricity, banking, insurances along with improvements in education and health care specially in progressive cities such as Cebu in central Visayas.<br />
<br />
Unfortunately, with so much real estate development happening in the country, coverage of information and relevant news has been scant - to say the least. PLC&apos;s new Property Forum, a dedicated platform designed to bring like minded individuals with one common interest under one community banner, aims to bridge that gap said Collingz.<br />
<br />
Launched in August 2007, PLC&apos;s Philippine Property Forum is a young community that brings investors, holiday home owners, developers, agents, and just curious browsers together to provide useful exchange of information and ideas.<br />
<br />
The property forum has been designed and with the intention of keeping relevant topics and issues active as the primary focus. The broad categories under the forum are: Condotels in the Philippines, other High Rise Condominium properties, and Investment help and advice. The forum encourages professionals and amateurs alike to share their views and opinions on issues related to Philippine Retirement, Visa Issues, Special Investor Visa&apos;s, Investing, Legal and Real Estate Laws in the Philippines, real estate taxes, property management and others.<br />
<br />
With a relatively good number of projects under its banner, PLC&apos;s Property Forum aims to bring on board several large scale projects to share with its members. The forum also attracts corporate membership from developers who wish to participate in the community and communicate with its buyers and investors. Most of all, PLC&apos;s Property Forum is probably the only dedicated platform related to the Philippines which maintains an independent view and allows free exchange of ideas and opinions. Still a young community, it will not be long before PLC&apos;s Property Forum becomes an authority on issues and topics related to Philippine property investment.<br />
<br />
Member registration is free, and PLC&apos;s Property Forum is currently offering free corporate membership to key developers for a limited time.<br />
<br />
PLC Global is also looking to expand its Web coverage after recently launching its WEBSEO services for accredited Realtors, Estate Agents, Brokers and Agents joining the PLC Web Ring by purchasing Philippine websites. PLC&apos;s Webseo service provides Realtors with their own individual interactive webpage, agent profile, contact information and summary details of the developments they represent.<br />
<br />
Collingz said the firm is actively buying any Philippine websites or Filipino orientated sites on the web to expand our global presence, this coming on the back of the recently announced new services in its efforts to help all realtors, real estate brokers and agents in getting more ground in establishing their presence on-line. Called PLC Webseo, the PLC Global Pinoy Web Ring offers realtors, estate agents, real estate brokers and agents a chance to have their own professionally designed webpage indexed to the plcglobalpinoy.com website designed to individually showcase and feature projects they are offering to the public, at a very reasonable and affordable price.<br />
<br />
Anyone who has a Philippine website or Filipino orientated site can send us their offer of purchase said Collingz. We also invite all real estate agents to join us for a one time joining fee of only [Philippine Pesos] –Php-2,500.00 and a nominal yearly renewal of –Php-1,000.00. Interested parties can view a sample of the Webseo on the firms website Collingz said. PLC Web Ring members can also advertise with us, or exchange links. When you get to be a part of our web ring, you get free exposure/traffic as visitors click on the other member sites of the web ring. Members can advertise properties for sale or lease with us. And since we are constantly on-line and browsing the web, they can also exchange links for more free traffic and submit real estate articles to be posted on the site or Philippine Skyscraper Forums pages after being approved by site owners.<br />
<br />
PLC Global&apos;s WEBSEO also offers its members cost-effective Web Design/Development and Search Engine Optimization services to business individuals as well as small business organizations and medium-sized businesses. Though our web development projects are usually built with Joomla! CMS, one the most popular content management systems today, we also offer development of brochure-like websites using cascading style sheets and HTML. Basically, we offer our search engine optimization services as an integral part of our web development packages. We also offer services to promoting new websites as well as maintaining high rankings in search engines with chosen search terms said Collingz<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/28679">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=28679&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 22 Jun 2009 22:20:17 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Foreign Nationals Continue to Snap up Philippine Apart-Hotel Buy-to-let Investments</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Lower prices, 100% financing options and retirees’ spending money are directing foreign attention to residential condominium hotels in the Philippines, which in turn is driving up more construction, according to Manila web based marketing firm</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/22/2009 --   Beth Collingz, director of PLC International Marketing Networks, said her company had been very busy catering to buyers from the United Kingdom and Australia who were interested in investment properties as well as holiday homes in the Philippines.<br />
<br />
A lot of this interest is being driven by the relatively cheap market prices here compared to Europe – especially UK housing prices – and the easy payment options available for condominium hotel developments. She added that offshore property investors, foreign baby boomers as well as overseas Filipinos were looking for ways to maximize their return on investments as they approach retirement. And so they are purchasing second homes, particularly buy to let condo hotel property, where they use the condo for vacations and rent it out when they are not using the unit" said Collingz, who runs the internet based PLC Global Pinoy marketing network. The buyers gain rental incomes that on today&apos;s purchase prices give a projected ROI of some 8 to 14 percent depending on the mode of payment for the unit she said.<br />
<br />
Collingz&apos;s firm is in partnership with Pacific Concord Properties, Inc., which has market ready projects in Metro Manila and Cebu under the brand Lancaster Suites, with more being built in other locations. Condotels are gaining a following because, in Pacific Concord&apos;s case, the owners can make the condos available for short-term rentals when they are away. <br />
<br />
At least 85 percent of PLC Global Pinoy&apos;s condotel sales in the Philippines were to international clients. While such a level of foreign purchasing activity is not as high in the Philippine provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years" she said. Foreign buyers were aware that it was a buyer&apos;s market in the Philippines right now with many properties available and fewer local buyers continued Collingz.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/28678">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=28678&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 22 Jun 2009 14:00:15 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Lancaster Condo Hotels Manila Launches Property Leasing and Management Company for Long Term Rental Tenants</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 06/03/2009 --   Pacific Concord Properties, Inc. (PCPI) Lancaster Brand of Condotels in Manila, Philippines, in response to popular clamor coming from customers, lessees and patrons alike, who are not availing the Condo Hotel pooled rental program, have established a subsidiary in the name of Pacific Concord Property Management, Inc. (PCPMI) that is especially designed to manage condo leasing services<br />
<br />
Beth Collingz, PLC International Marketing Networks sales director and lead marketing partners for the Lancaster Brand of Condotels in the Philippines said should clients wish to have their Lancaster Suites units managed leased, PCPMI provides innovative and efficient Leasing and Property Management Services which include the following:<br />
<br />
Option 1 – Leasing:<br />
<br />
1. Advertise your unit for lease in various newspapers, magazines and internet.<br />
2. Screen potential tenants and accompany them in your unit for viewing.<br />
3. Negotiate the best deal possible in leasing your unit.<br />
4. Prepare, sign (via the SPA), notarize, and administer the Contract of Lease.<br />
5. Collect the advance lease rental, security deposit, and monthly lease rental and forward the same to the Unit Owner.<br />
6. All other unit related concern on maintenance, unit inspection, move-in and move out of tenant and other related services shall be turned over by PCPMI to the Unit Owner upon receipt of the Contract of lease together with the deposits and monthly lease rental. <br />
<br />
Leasing Fee:<br />
<br />
For its services, PCPMI will charge you a Leasing Fee of 10% of the total lease rental (net of 12% VAT) during the term of the lease if the lease term is less than one (1) year. However, if the lease term is one (1) year or more, the Leasing Fee shall be one (1) month for every year.<br />
<br />
The Leasing Fee (net of 12% VAT) shall payable in advance. The Leasing Fee shall be payable upon signing of the lease contract and payment of the advance rental, security deposit and issuance of post-dated checks to cover the monthly lease rental during the duration of the term or for a maximum of one (1) year. Leasing Fee for the subsequent years shall be payable on the first month of the lease term. <br />
<br />
PCPMI may collect its fees directly from the tenant, which funds may come from the advance rental and/or security deposit or from the monthly rental (applicable for the subsequent yearly lease term). As such, amount to be remitted to the Unit Owner is already net of PCPMI&apos;s Leasing Fee.<br />
<br />
Option 2 – Leasing and Property Management:<br />
<br />
1. Advertise your unit for lease in various newspapers, magazines and internet.<br />
2. Screen potential tenants and accompany them in your unit for viewing.<br />
3. Negotiate the best deal possible in leasing your unit.<br />
4. Prepare, sign (via the SPA), notarize, and administer the Contract of Lease.<br />
5. Collect the advance lease rental, security deposit, and monthly lease rental.<br />
6. Collect the electricity and water charges, association dues, and telephone charges and remit the same to the appropriate parties.<br />
7. Act as a custodian of the checks issued by the tenant for the advance rental, security deposit and monthly lease rental and deposit them in the local account of the Unit Owner as they fall due. Applicable bank charges, if any, shall be for your account. However, if the Unit Owner does not have a local account, PCPMI may assist the Unit Owner in opening one.<br />
8. Coordinate with the tenant on your behalf on matters concerning maintenance, unit inspection, move-in and move out of tenant and other related services. Cost of maintenance, repairs and other attendant expenses shall be for the account of the unit owner or the tenant, as applicable.<br />
9. Coordinate with local government offices with regard to the payment of real estate taxes of the unit. All taxes and expenses shall be for the account of the unit owner. <br />
10. Other related property management services.<br />
<br />
Leasing and Property Management Fee:<br />
<br />
For its services, PCPMI will charge you as follows:<br />
<br />
a. Leasing Fee of 10% of the total lease rental (net of 12% VAT) during the term of the lease if the lease is term is less than one (1) year, however if the lease term is one (1) year or more, the Leasing Fee shall be one month for every year. <br />
b. Property Management Fee of 10% of the monthly lease rental (net of 12% VAT), payable in advance depending on the duration of the lease term, not to exceed one (1) year.<br />
<br />
The Leasing Fee and the Property Management Fee shall be payable upon signing of the lease contract and payment of the advance rental, security deposit and issuance of post-dated checks to cover the monthly lease rental during the duration of the term or for a maximum of one (1) year. Leasing Fee and Property Management Fee for the subsequent years shall be payable on the first month of the lease term. <br />
<br />
PCPMI may collect its fees directly from the tenant, which funds may come from the advance rental and/or security deposit or from the monthly rental (applicable for the subsequent yearly lease term). As such, amount to be remitted to the Unit Owner is already net of PCPMI&apos;s Leasing Fee.<br />
<br />
Lancaster Suites, Shaw Boulevard, Manila Condo Hotel are also offering fully furnished Studio, One Bedroom, Two Bedroom and Three Bedroom units a few minutes from Ortigas Center, SM Mega Mall and Shangri-La Mall, on daily, weekly or monthly rental terms.<br />
<br />
Lancaster Suites Manila is the epitome of luxury and convenience. Each suite is lavishly and beautifully appointed, designed with plush interiors constructed to highest industry standards. Guest room amenities include complimentary breakfast and daily newspaper, cable television, broadband internet connection, in-room safety deposit box and electronic door lock system. Bathtubs are standard in all Condotel suites as are kitchen and dining facilities. <br />
<br />
For short term reservations, guests can simply send us an email with the dates you will be staying. Payment can be made in advance by telegraphic transfer/bank remittance or in cash/credit card upon check in said Collingz. <br />
<br />
Special PROMO Rates <br />
Room Rates April 1, 2009 – October 31, 2009 <br />
<br />
Junior Studio Suites are available with Queen or Twin Beds for 2 Persons<br />
Executive One Bedroom Suites come with Queen Bed for 2 Persons, <br />
Deluxe Two Bedroom Suites are available with Queen Bed and Single Bed for 3 persons<br />
Premier Deluxe 2 Queen Beds for 4 Persons. <br />
Lancaster Three Bedroom Suites have 2 Queen size and 1 Single Bed for 5 persons.<br />
* Children under 12 sharing with parents without extra bed are free of charge<br />
<br />
Avail of our Internet Promo rates and enjoy the luxury of staying in our well-appointed Lancaster Suites Manila at a discount on published rates. <br />
<br />
This promo is good for reservations made for short or long term stay until October 31, 2009. All rates include Buffet Breakfast for 2pax [Studio/1-Bedroom Suites] or 3pax [2/3-Bedroom Suites], Utilities, Electricity and Water consumption, Tax and Service Charges. <br />
<br />
Daily Rates in Philippine Pesos [PPH] - 1 Night Promo Rates <br />
<br />
Junior Suite Studio Pph 2,960.00 <br />
Executive Suite 1BR Pph 3,788.00 <br />
Deluxe Suite 2BR Pph 5,030.00 <br />
Premier Deluxe Suite 2BR Pph 5,380.00 <br />
Lancaster Suite 3BR Pph 6,410.00 <br />
<br />
Weekly Rates in Philippine Pesos [PPH] - 7 Night Promo Rates <br />
<br />
Junior Suite Studio Pph 18,648.00 <br />
Executive Suite 1BR Pph 23,863.00 <br />
Deluxe Suite 2BR Pph 31,689.00 <br />
Premier Deluxe Suite 2BR Pph 33,894.00 <br />
Lancaster Suite 3BR Pph 40,383.00 <br />
<br />
* Reservations are subject to availability.<br />
* Rates are inclusive of service charge and government tax.<br />
* Children under 12 sharing with parents without extra bed are free of charge.<br />
* Rates are subject to change without prior notice.<br />
* Additional Breakfast –Pph-350.00 per pax<br />
* Extra Bed with Breakfast –Pph-1,200.00<br />
* Extra Bed –Pph-700.00<br />
<br />
Inclusions:<br />
<br />
* Complimentary Breakfast [Studio/One/Two Bedroom Suites 2pax Three Bedroom Suites 3pax]<br />
* Complimentary Daily Newspaper<br />
* Complimentary Bottled Water<br />
* Complimentary Use of Swimming Pool<br />
* Complimentary Car Parking [One Slot/room for In-House Guest only] Non-hotel guest –Pph-20.00/hour<br />
* All rooms have Cable TV<br />
* Broadband [Internet access –Pph-300.00/24 hours –Pph-1,500.00/week –Pph-4,500.00/month charges apply]<br />
* Wi-Fi Internet Access in Lobby Coffee Shop [Internet access –Pph-100 per hour charges apply]<br />
* All units at Lancaster Suites have kitchen facilities and basic appliance<br />
* Scheduled shuttle service from Hotel to and from SM Mega Mall Ortigas Center<br />
* Manila International or Manila Domestic Airport Transfers: Car -Pph-1,200.00 Van -Pph-1,800.00 per trip.<br />
<br />
For your Reservation simply send us an email with the dates you will be staying. We do not require any advance or security deposit for reservations. Payment can be made in cash/credit card upon check in.<br />
<br />
PLC International Marketing Networks, with its internet based Global Agency, are the lead marketing partners with Pacific Concord Properties Inc for the Lancaster Brand of Condotels in the Philippines <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/28338">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=28338&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 03 Jun 2009 16:42:15 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Lancaster Suites Brand of Philippine Buy-to-Let Condo Hotel Rooms in Manila Announce 10 Year Payment Plans for UK Investors</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Ready occupancy SIPP compliant Condotel suites in Manila are now available on 10 year payment plans giving investors immediate rental income on their investments and going some way to self-liquidating monthly purchase installments</p><p>Mandaluyong City, Metro Manila -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 05/16/2009 --   Lancaster Suites brand of Philippine Buy-to-Let Condo Hotel Rooms in Manila announce 10 Year Payment Plans for UK Investors<br />
<br />
Ready occupancy SIPP compliant Condotel suites in Manila are now available on 10 year payment plans giving investors immediate rental income on their investments and going some way to self-liquidating monthly purchase installments.<br />
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Beth Collingz, PLC International Marketing Networks Sales Director and lead Marketing Partners for Pacific Concord Properties Inc&apos;s Lancaster Brand of Philippine Condotels said now is the time to invest in Philippine Real Estate and lock in ready occupancy condotel suites at current price levels. Buyers whom reserve now can take advantage of current prices and 10 year payment terms and see an immediate equity return on their investment.<br />
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Lancaster Suites Tower I, located along Shaw Boulevard, Metro Manila, now completed and ready for occupancy, provides unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool with projected Rental Incomes [at current purchase levels] of some 8% ROI per annum. <br />
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Collingz said all units at 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&apos;s such as tiled &amp; 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&apos;s, furnishings, air-conditioning, lighting fixtures and appliances are available. Monthly condo dues or maintenance fees are currently around 85 pesos/square meter of the unit floor area/month.<br />
<br />
Lancaster Suites fully furnished ready occupancy Condotel units run from only GBP £38,000.00 [Studio] GBP £62,000.00 [One Bedroom] up to GBP £190,000.00 for Penthouse units and are available on 10 year payment terms:<br />
<br />
Ready Occupancy Studio Condotel Suite. Floor Area 27.49 square meters [295sqft] Price: -Pph-3,102,629.25 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 then 30% Down Payment of -Pph-838,618.45 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-52,097.86 or payable over 120 equal consecutive monthly installments of -Pph-34,764.32.<br />
<br />
Ready Occupancy One Bedroom Condotel Suite. Floor Area 41.80sqm [450sqft] Price -Pph-4,717,711.99 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 then 30% Down Payment of -Pph-1,288,177.56 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-79,217.56 or payable over 120 equal consecutive monthly installments of -Pph-52,860.99.<br />
<br />
Ready Occupancy One Bedroom Bi-Level Condotel Unit. Floor Area 46.40 square meters [500sqft] Price: -Pph-5,236,886.04 [Tax Inclusive] and may be purchased with a Reservation of -Pph-25,000.00 then 30% Down Payment of -Pph-1,432,689.93 and the resulting net balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-87,935.28 or payable over 120 equal consecutive monthly installments of -Pph-58,678.23.<br />
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Ready Occupancy Two Bedroom Podium Condotel Flat. Floor Area 81.65sqm [880sqft] Price: -Pph-9,215,339.33 [Tax Inclusive] and may be purchased with an initial Reservation of -Pph-25,000.00 then 30% Down Payment of -Pph-2,540,094.45 within 30 days and resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-154,739.57 or payable over 120 equal consecutive monthly installments of -Pph-103,255.98.<br />
<br />
Ready Occupancy Two Bedroom "Bi-Level" Suite. Floor Area 64.33sqm [695sqft] Price: -Pph-7,260,536.18 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 and 30% Down Payment of -Pph-1,995,973.99 within 30 days and resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-121,915.45 or payable over 120 equal consecutive monthly installments of -Pph-81,352.81.<br />
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Ready Occupancy Three Bedroom Podium Condotel Flat. Floor Area 104.68sqm [1,130sqft] Price -Pph-11,814,595.48 [Tax Inclusive] may be purchased with an initial Reservation Fee of -Pph-25,000.00 and 30% Down Payment of -Pph-3,263,598.74 within 30 days and resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-198,385.03 or payable over 120 equal consecutive monthly installments of -Pph-132,380.11.<br />
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Ready Occupancy Three Bedroom "Bi-Level" Condotel Suite. Floor Area 79.36sqm [855sqft]. Price: -Pph-8,956,880.95 [Tax Inclusive] may be purchased with an initial Reservation Fee of -Pph-25,000.00 and 30% Down Payment of -Pph-2,468,152.43 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-150,399.66 or payable over 120 equal consecutive monthly installments of -Pph-100,360.01.<br />
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Ready Occupancy Three Bedroom "Bi-Level" Penthouse Condotel Suite. Floor Area 125.81sqm [1355sqft]. Price: -Pph-15,156,170.07 [Tax Inclusive] may be purchased with an initial Reservation of -Pph-25,000.00 and 30% Down Payment of -Pph-4,193,727.75 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-254.495.15 or payable over 120 equal consecutive monthly installments of -Pph-169,821.77.<br />
<br />
Collingz said that Pacific Concord Properties Lancaster Condotel developments have been accepted as property investment projects in the UK SBQ property &amp; Land SIPP portfolio after extensive research provided through an independent firm of Business Management &amp; Marketing Consultants with all due diligence completed by independent UK Solicitors. The UK based SBQ Property &amp; Land SIPP [Self Invested Pension Plan] portfolio is being handled by our UK marketing partners Graham Stuart &amp; Associates and is a low cost tax efficient structure that has been designed for those people who want to take control of their pension savings and are looking for a strategy that will generate an income any time after the age of 55. <br />
<br />
Some of the benefits of the SIPP is you can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes [SASS] into the SIPP. You can have a SIPP as well as contribute to your Company pension fund. If you are self employed you can invest up tom 100% of your earnings [up to GBP £225,000.00] into to SIPP. On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through their tax return and with a SIPP you can draw an income from your personal pension fund and continue working.<br />
<br />
What makes the SBQ Property &amp; Land SIPP different is that it already contains a unique portfolio of property and land investments that give you the ability to &apos;gear up&apos; your pension fund. In the Philippines you can purchase an Apart-Hotel property with guaranteed rental income. Collingz said that Graham Stuart &amp; Associates have been working to have the Lancaster brand included within the allowable investment structure of the SBQ Property &amp; Land SIPP portfolio of Apart-hotels. These apart-hotel or condotel investments provide capital growth with a guaranteed return income. If you&apos;re considering using your SIPP to invest in real estate, there are some excellent reasons why you should choose Philippine apart-hotel or condotel investment real estate to drive your retirement portfolio into high profit margins. <br />
<br />
The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts – and a SIPP is simply another form of trust. "Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It&apos;s still possible to buy a ready occupancy fully furnished Condotel suite at Lancaster Suites Manila from only GBP £38,000.00" said Collingz.<br />
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"The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP £38,000 Condotel suite may set you back only GBP £250 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and projected 8% returns through rental income, you have a steady ROI on a purchase of Philippine Condotel investment real estate" enthused Collingz.<br />
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What&apos;s the downside about owning Philippine Condotel Investment real estate as an SIPP investment? You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. The self directed pension plan rules about benefiting personally from your investments are strict - you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax-protected status and worse yet you could face penalties from HM Customs &amp; Excise. You can, however, rent out your SIPP investment for steady income - putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP.<br />
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If you&apos;re looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your SIPP earnings into high gear. With the crash of the UK housing market and failing pension plans, many investors are turning to using their SIPP&apos;s to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed pension plan vehicle to invest in the Lancaster Suites ready occupancy units.<br />
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Collingz says many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. "Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill"<br />
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The SBQ Property &amp; Land SIPP is regulated by the FSA and administered by an independent SIPP trustee Company. It provides a simple "tax efficient wrapper" for those wanting to maximize their own pension planning strategy. The carefully selected property investments within the portfolio have all due diligence carried out by an independent firm of UK Solicitors who handle the purchase process.<br />
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Philippine condotel investments can also be purchased without using a SIPP.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/27604">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=27604&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Sat, 16 May 2009 11:46:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>PLC International Philippine Condotel Marketing Networks Awarded Top Producer Award 2007</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mandaluyong City, Metro Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 01/02/2008 --   For the third year running, PLC International Marketing Networks have been awarded the Top Producer Award for best performance in individual sales for the Lancaster Brand of Condotels in the Philippines by Pacific Concord Properties President/CEO Ronald Lim.<br />
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In receiving the Top Producer Award at the companies annual New Year celebrations from Ronald Lim, Pacific Concord Properties Inc&apos;s President/CEO, Beth Collingz, PLC Global Pinoy&apos;s Sales Director, said it&apos;s so easy to maintain the top producer spot for three consecutive years because the product - Lancaster Suites, Lancaster Atrium Manila and Lancaster Cebu Condotel developments really sell themselves specially now the Condo Hotel operations at the Lancaster Suites Manila have been soft launched last December 27 having been issued with the Certificate of Occupancy for the 600 room development that will be fully operational within the first quarter 2008.<br />
<br />
Other members of the PLC Group whom were awarded recognition for their exceptional performance and invaluable contribution towards ensuring the success of the various projects and endeavors of Pacific Concord Properties&apos; Inc., included Tess Gargallo, PLC&apos;s coordinator in Manila Head Office and Ken Lee, PLC&apos;s International Marketing Partner based in Honolulu, Hawaii whom recently organized the very successful Hawaii Road Show for the company.<br />
<br />
Units in Lancaster Suites Tower I Manila are virtually sold out whilst the latest condo hotel project, Lancaster – The Atrium Tower A at Shaw Boulevard, Metro Manila is 80% booked and range from studios to three-bedroom penthouse suites with full kitchens. We now have demand from our clients for new, luxury high end condotel development in Cebu Collingz said. <br />
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Owners of Lancaster condotel units can arrange to stay in their units and they share 60% of any rental income. The Lancaster Atrium together with the soon completed and upcoming operations of Lancaster Suites Manila, one of the hottest real estate investments in the Philippines, will be the hub for Lancaster condotels in the Philippines. The 42-level Lancaster Suites Manila, scheduled for operations this year, features studio, one-bedroom and two-bedroom condotel units, as well as penthouse suites. The units will be available for daily, weekly or monthly rental.<br />
<br />
Collingz said a major condo hotel project is being considered by the Company with several UK Investment Trusts and local investors in Cebu, Philippines. "Apart from the soon to be launched Lancaster – The Atrium Hotel Tower B in Manila, we&apos;ve got so many clients requesting Luxury Beachfront Condotel Suites in Cebu willing to advance payments for high end condo hotel units," she said. "It&apos;s a whole new era of Overseas Investments coming up -- it&apos;s not something that we&apos;ve typically seen in the past and no one in the Philippines fully caters to this high end luxury lifestyle market. (These Investors) are all characteristically looking for a five star hotel spa resort, with all the features of a hotel that can be used for vacations and then rent out the units when not in use".<br />
<br />
The new and exciting luxury five-star fully furnished properties or high end developments planned in Cebu Philippines, that will be sold by invitation only and will start in the $150,000 to $200,000 range for Deluxe 500sqft Studios, can go all the way up to $600,000 for 2 bedroom Penthouse suites and $800,000 for a Grand Penthouse. Of course, International gateways from Europe, South East Asian and the United States to Cebu-Mactan International Airport is within 15 minutes and, all units have sea views, beach toys and other lifestyle amenities such as spa and fine dining restaurants and will come fully fitted, furnished and finished to the highest European standards with fully fitted kitchens, fitted bedroom suites and every unit will be sold including all appliances, split type central unit air-conditioning, plasma TVs&apos; and state of the art communication and condotel management systems. <br />
<br />
Units will be significantly larger in size than a typical hotel room yet still a much better value for money investment option than paying $800,000 for a studio suite in maybe Dubai or Panama or a cool million dollars for a condo in Chicago. With a waiting list of more than 200 prospective clients for prime Condos in Cebu, Collingz reckons sales for the new developments will be fast.<br />
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The planned high end Lancaster Mactan Resort Condo Hotel will be on the Beachfront and not too far from the Cebu Convention Center and Cebu International Airport which is key to good year-round occupancy numbers, she said. The square footage can range from 700 square feet to 1,800 square feet for one and two bedroom suites or more than 3,000 square feet split level penthouse suite. <br />
<br />
"Why can&apos;t we build, and sell a - Trump or Ritz Carlton Quality Condo Hotel - in the Philippines and get the same buyers into the Philippines that flock to invest in lifestyle developments around the world" enthused Collingz.<br />
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</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/15363">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=15363&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 02 Jan 2008 13:15:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Philippine Property Investment: Condotel Profit Assured</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Mandaluyong and the Ortigas Center area of Metro Manila in Philippines is steadily increasing in corporate appeal and holds great attraction for executives in the capitals new business district </p><p>Mandaluyong City, Metro Manila Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 12/28/2007 --   Metro Manila&apos;s Central Business District of Ortigas Center is abundant with numerous company head offices and classy hotels, exclusive restaurants, shopping malls, private hospitals and 36 hole golf course.<br />
<br />
The Philippines, combined with its established, perfect sun drenched beaches &apos;dream destination&apos; profile, serious investors looking on the global property market are succumbing to Filipino charm. PLC International Marketing Networks, with its internet based Global Agency, are the lead marketing partners with Pacific Concord Properties Inc for the Lancaster Brand of Condotels in the Philippines that includes the Lancaster Atrium Towers Condo Hotel in their growing portfolio offering top class property from as little as £26,000.<br />
<br />
"You can buy an apartment in a centrally located Philippines skyscraper from as little as £26k" said Beth Collingz of PLC International. It&apos;s not just the alluring investment environment of the Ortigas Central Business District that draws investors to Philippines, its more to do with the properties expected higher than average 12% yields and exceptional real property off plan 70% growth in the last 36 months. <br />
<br />
The Philippines GDP has been expanding at over 5% year on year and the Philippine Peso has appreciated a staggering 25% against the $USD in the previous 18 months of writing settling at 41.30 on the Dollar. US based investment bankers see the peso&apos;s continuing appreciation through 2008 breaking the 38:1 barrier for the first time since 1996 <br />
<br />
In Metro Manila, Ortigas Center is now where it&apos;s all at. A fully furnished, fully managed apartment at the Lancaster Atrium includes fixtures, fittings, furniture and tableware, glassware, bedding, cutlery etc, essentially making for immediate rental, with the option of obtaining a rental yield (around 8-12%) by enrolling the unit in Lancaster&apos;s Condotel Rental Pool open to buyers. <br />
<br />
Foreign investors can own condo properties on freehold basis, amidst the sustained, aggressive and growing Philippine economy. With no prequalification easy 6 year interest free credit available and up to 12 year buyers finance plans available, all unit owners can spread their payments and reduce the initial amount of cash they require to get a piece of this prime Condotel. <br />
<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/15279">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=15279&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 28 Dec 2007 11:15:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Philippine Condotel developer Pacific Concord Properties projects ROI of 16-24% Per Annum</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">With depreciation of the US Dollar and continuing strengthening of the Philippine Peso, Lancaster Suites Manila preconstruction condotel investors are now projected upwards of 16%-24% ROI on their investments during the first 6 months of operations from January 2008</p><p>Mandaluyong City, Metro Manila, Philippies -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/12/2007 --   Lancaster Suites Tower I Manila, located along Shaw Boulevard, Metro Manila, is a Brand Name Condotel Investment of Pacific Concord Properties Inc, and soon ready to accept guests in the Condo Hotel. Under the management of Lancaster Hotels, Land and Properties, Inc. [LHLPI] rental operations of LCRR will be soft launched January 1, 2008.<br />
<br />
Beth Collingz, International Marketing Director of PLC Global an internet based sales and marketing company and lead marketing partners with Pacific Concord Properties, Inc., for the Lancaster Brand of Condotels in the Philippines, said the original or early bird Lancaster Suites preconstruction investors whom purchased at our pre-launch purchase price on the back of the depreciating US Dollar are now projected to earn upwards of 16%-24% ROI on their investments, depending upon their purchase price and terms of payment, in the first 6 months of operations from January 2008 and have seen a 90% appreciation in their real estate investment over the past 3 years.<br />
<br />
Clients whom purchased Tower I condotel suites at the pre-selling price 3 years ago are now set to earn even more on current room rates in Manila of up to 24% per annum returns on their investment through the Condotel rental incomes. Three major factors are driving returns on Philippine Condotel Investments to exceptional highs. 1. High Room Rental Rates; Hotel rates in Manila of U$100/120 per night are the same as those in Honolulu for example. 2. Low Operating Costs; the Philippines remains one the cheapest labor markets in South East Asia, and; 3. Shortage of short term Rental Accommodation; as anyone whom has tried finding rooms or apartments to rent for one or two months stay has undoubtedly found out said Collingz.<br />
<br />
Property is all about LOCATION said Collingz. Lancaster Suites, centrally located along Shaw Boulevard, Metro Manila some 200 meters from EDSA-Shaw Boulevard Light Rail Transit Station and the Ortigas Center business district, SM Mega Mall, Shangri-La Mall, Edsa Plaza Hotel, and the Asian Development Bank, San Miguel Corporation and Banco de Oro Head Office, 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. This ideal location will complement the Condotel operation since Lancaster Suites Manila will function as a condominium hotel – a preferred accommodation choice of businessmen and holiday travelers alike. Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. <br />
<br />
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. Room Rates, from January 1, 2008 for a fully furnished Studio run from US$82.00 on monthly rentals up to US$ 100/night for daily rates and are inclusive of service charge and government tax with Complimentary breakfast daily<br />
<br />
Clients wishing to purchase units may do so and we currently have a few Executive Studio Suite and One-Bedroom Suites available at Lancaster Suites at Pre-Operational Prices that will be "Ready For Use from January 2008"… at the current price said Collingz.<br />
<br />
Tower I Executive Studio Suites may be purchased with a Reservation Fee of -Pph- 25,000.00 then 30% Down Payment of -Pph-659,583.34 within 30 days and the resulting balance payable over 12 equal consecutive monthly installments of -Pph-128,252.32. Interest Free. For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture&apos;s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware&apos;s, linens etc is now available for Studio Suites ranging from -Pph-403,715.00 said Collingz<br />
<br />
US based investors at Lancaster Suites Manila can take advantage of their 401K or IRA allotments whilst UK clients can avail of retirement tax incentives for the purchase of condo units under their Self Invested Pension Program [SIPP].<br />
<br />
Metro Manila remains a popular choice with international buyers and institutional investors. Collingz says clients tell her that it makes more sense to buy in a year-round vacation destinations and business centers. Lancaster - The Atrium Condotel developments by Pacific Concord Properties located in Shaw Boulevard, Metro Manila - fits the bill with all it offers to International buyers.<br />
<br />
Accessibility is also a factor. "Flights from London to Manila, for example, average just 16 hours, add to that the many airline specials and it&apos;s easy to see why this area is becoming an international community." Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with its flagship Lancaster Condotel Developments fit&apos;s the bill enthuses Collingz</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/14649">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=14649&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 12 Nov 2007 18:05:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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    <item>
      <title>Condo Hotel Property in the Philippines remains Popular Investment with UK Investors</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Buy to let property investments in the Philippines are becoming increasingly popular with UK consumers, a new survey reveals.</p><p>Mandaluyong City, Metro Manila, Philippines  -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 02/06/2007 --  Investments in buy to let properties or Condo Hotels in the Philippines have increased in popularity by 29 per cent during the last three months, making it the second most popular investment vehicle behind consumers&apos; own homes, according to PLC Global.<br />
<br />
Beth Collingz, Global marketing Director of PLC International Marketing Networks, a company specialising in Condo Hotel or Condote Sales and Marketing in the Philippines, comments: "The UK Savings and Investments index clearly shows that the UK saver prefers to invest in bricks and mortar and more and more investors are moving offshore to take advantage of the much cheaper prices in the Philippines and high rates of rental returns as room rates in Metro Manila and Cebu, two major Cities in the Philippines, are not much less than rates charged for rooms in Europe making the Philippines buy to let properties an ideal property investment".<br />
<br />
The survey found that 60 per cent of landlords chose to invest in property in the Philippines specifically to rent it out to tenants.<br />
<br />
The Philippines, located in Southeast Asia, is one of the few fully democratic nations with a predominantly English speaking population benefiting from substantial foreign direct investment and billions of dollars in remittances from overseas Filipinos and economic advancement as a result. According to the report these facts mean that over the coming decade the housing market in Philippines will likely go from strength to strength and anyone who invests now could net up to 400% profit on their investment in the next ten years.<br />
<br />
The report was based on an economic assessment and overview of each country in Southeast Asia and included analysis of the room for growth within each country&apos;s real estate sector. Because property prices in the Philippines for mid range Condominium developments start from as little as twenty five thousand Pounds [25,000 GBP], the room for property price expansion is clear. The low starting prices for real estate in the Philippines also mean that its property sector is already attracting substantial international real estate investor interest.<br />
<br />
Investors from all backgrounds are attracted to the Philippines - those with a small sum of money to invest are looking to make immediate gains from buying Condos in Metro Manila preconstruction which can be purchased  by stage payment and profited from upon completion when investors are flipping the real estate right back into the market. Those with more substantial sums of money to invest are generally drawn to either the Condotel Investment property sector in Manila or the Philippines burgeoning tourism market.<br />
<br />
Opportunities in the Philippines tourism market exist along the country&apos;s stunning and as yet undeveloped coastline and also in the Philippines quality but as yet little known beach resorts. Accommodation in these locations is required to let out to tourists and a growing number of British citizens are also seeking second homes in these areas of Cebu, Philippines as well, with most preferring to purchase Condotel or Fully Managed and Operated Condo Developments where a rental income can be gained when not using their units.<br />
<br />
UK Property Investors, London Stockbrokers, Property &amp; Estate Agents and Overseas Filipinos based in London are taking advantage of the Cheap Philippine Real Estate market and easy terms of payment, to snap up Condotel investment properties in Metro Manila and Cebu<br />
<br />
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City,  Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010<br />
<br />
To be called Lancaster Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] Condotel Studios, One, Two &amp; Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity<br />
<br />
According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: "My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here. A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, especially UK Housing prices, and the easy payment options available for our Condotel 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 Condotel 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&apos;s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit"<br />
<br />
Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.<br />
<br />
"These international buyers know it&apos;s a buyer&apos;s market in the Philippines right now-there are a lot of properties available and fewer local buyers," Collingz said. "I&apos;m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers"<br />
<br />
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.<br />
<br />
Accessibility from Europe is also a factor.<br />
<br />
"London to Qatar, London to Amsterdam to Singapore or Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares that fly directly into Cebu and Manila and it&apos;s easy to see why the Philippines is becoming an international community."<br />
<br />
Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with its flagship Lancaster Condotel Developments fit&apos;s the bill.<br />
<br />
Financing Options and Security open up Philippine real estate market to International buyers.<br />
<br />
Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.<br />
<br />
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a  Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
"Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free" enthuses Collingz. "These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70&apos;s" and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round" said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine&apos;s Dock Flats before coming over to the Philippines<br />
<br />
A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles&apos; of Real Estate Transactions.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
Another drawback to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a Condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.<br />
<br />
Collingz highlights the importance of working with those experienced in this type of transaction. "Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example," said Collingz. "The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client&apos;s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they&apos;re interested in an online portfolio"<br />
<br />
Communication is the key to the process, according to Collingz. "We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that&apos;s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area."<br />
<br />
In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home. Pacific Concord Properties&apos; staff then handles every detail of the closing so that on their next visit, the buyers can enjoy their new home or investment property.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9106">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9106&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 06 Feb 2007 16:33:05 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>New Italian Marketing Network appointed for Philippine Condotel Investments</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mandaluyong City, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 01/19/2007 --  PLC International Marketing Networks based in Manila, Philippines recently appointed the internet based Glo-Con S.r.l. with offices located in the Italian Riviera as their lead marketing partner in Europe, Italy, for Pacific Concord Properties Inc., Condotel or Condo Hotel Buy-to-Let Investments in the Philippines<br />
<br />
Martina Moser of Glo-Con, Sales Manager and International Real Estate specialist, servicing English, Italian, German and French clients, recently looked at the Philippines on behalf of several private investors and investments trusts in Europe and the United Kingdom to take a look at the Lancaster Suites Condotel developments in Metro Manila and Cebu<br />
<br />
Founded in May 2003 as a building and real estate company, Glo-Con currently operates out of the Italian region of Liguria. Since its inception, Glo-Con has succeeded in developing an innovative, comprehensive and multi-lingual Internet presence and international marketplace for individuals/agencies interested in buying, selling or renting real estate, vehicles, aircrafts, boats or hotels. The Internet resources housed within the Glo-Con portal now provide private owners and businesses from around the globe with an easy-to-use and cost-effective marketing tool.<br />
<br />
Glo-Con invests substantially in learning more about the possibilities the Internet and modern technology have to offer, and amalgamates this knowledge with its growing expertise of the real estate, automobile, aircraft, boat and hotel industries. With the help of its international partners and its ongoing aim for new and innovative ideas, progressive marketing strategies, and technological development, Glo-Con has grown into one of the biggest online marketplaces worldwide in a short time. It is important to recognize that Glo-Con´s success has only been made possible through the constructive cooperation of its team. <br />
<br />
Currently Glo-Con has seven portals live and online. Included in Glo-Con´s Internet portals are: a real estate portal, a car listing site, a boat listing site, a hotel listing site, a Ligurian properties site (which features real estate available on the Italian Riviera), an airplane listing site, and a bazar or general marketplace. The most recent addition to Glo-Con family is a job site. Several new projects are also currently in the development phase.<br />
<br />
Glo-Con is presently developing and improving its services to include: a translation service, and a small search engine service.<br />
<br />
Martina is convinced that the Philippines truly offers World Class Investment Opportunities in Real Estate for offshore investors from the Europe and the UK whom are looking to purchase investment real estate or "buy-to-let" properties specially Condotel Developments where the unit owner not only gains from property appreciation but receives a rental income through the Condotel Management representing some 14-16% ROI on their investments.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project. <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9362">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9362&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 19 Jan 2007 15:58:13 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>British Nationals and Those Married to Filipinos Are Fueling a Boom in Philippine Condotel Investments</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">British Nationals and those married to Filipinos are fueling a boom in Philippine Condotel Investments as more and more look to overseas property as a secure investment option and for retirement. It is estimated that at least 350,000 British choose to turn their backs on the UK every year and already around 8% of the country’s population live overseas - higher than the French, Italian or American ex-pat figures. 
</p><p>Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 12/06/2006 --  It is estimated that at least 350,000 British choose to turn their backs on the UK every year and already around 8% of the country&apos;s population live overseas - higher than the French, Italian or American ex-pat figures. <br />
<br />
Beth Collingz, Director of PLC International Marketing, an Internet based website dealing with Condotel Investments in the philippines said "With relatively few bargains are to be found in the UK, many British Nationals as well as those married to Filipinos are looking abroad to invest in a cheap holiday home for either short term investments or as part of a long term pension plan. Far more people however, are now buying Philippine property as second homes, buy-to-let investments or as an alternative to failing pension plans".<br />
<br />
Research revealed that more than 29 million Brits would like to buy a property abroad and that 11 million could realise that wish within the next five years.<br />
<br />
So why are the British so keen to buy abroad and in particular the Philippines? Several reasons can be attributed for overseas property investment: the first is owning foreign property has become much more acceptable due to global communications and international investment standards such as Escrow Banking being adopted around the world. Secondly, with property prices continuing to rise in the UK, the option of investing in a second property at home is simply out of most people&apos;s reach - add to this the low cost of property in the &apos;emerging&apos; markets of Southeast Asia and the Philippines, for example, and its easy to see why Brits are keen to invest abroad.<br />
<br />
Investments in Condo Hotel or Condotel properties, the so called "buy-to-let" investment options in the Philippines provide either short term investments or can be made part of a long term pension plan. For those whom are looking to make investments for the future or prior to retirement, the Philippines offer a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 50 to $ 1.00 or PhP 94 to 1 Pound [Sterling (GBP)]. Housing, food, and labor costs are quite reasonable. At the moment a One bedroom Freehold condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 <br />
<br />
"Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free" enthuses Collingz. "These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70&apos;s" and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round" said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine&apos;s Dock Flats before coming over to the Philippines<br />
<br />
If you have $50,000 or GBP 30,000 to invest, here are some buys you could make right now with that budget:<br />
<br />
1. A Freehold Studio Condotel Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. Total Contract Price: USD 42,762.06. Pay Cash and take a full 20% discount [Save USD 8,552.41] on the unit price. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009 <br />
<br />
2. A Freehold Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft] at $1,618.00/sqm. Total Contract Price: USD 44,058.14 [Tax Exempt]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,405.81 Pay 90% of the contract price now [USD 35,687.09] and the remaining 10% balance [USD 3,965.23] on unit turnover from March 2007 <br />
<br />
3. A Freehold Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Fully Furnished Studio 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. Pay Cash and take a full 10% discount [Save USD 5,509.96] Pay Reservation [USD 1,820.00] and Cash Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72. Immediate Occupancy. <br />
<br />
As returns of 100% are not uncommon, Philippine Condotel property investments can offer a lucrative source of income. Invest in the short term to raise capital, in the longer term as an alternative to other investment avenues such as the stock market, or perhaps join the many thousands already out there and sell up, move abroad and bask in the sun having established a solid pension fund!<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9323">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9323&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 06 Dec 2006 13:20:20 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Retirement and Condotel Investments in the Philippines - A Winning Combination</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 12/04/2006 --  Considering retirement in a Tropical Climate? For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are preapred to substantially downscale your lifestyle. For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?<br />
<br />
Over the past decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America, nearly everyone speaks ENGLISH in the Philippines.<br />
<br />
The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 50 to $ 1.00 or PhP 94 to 1 Pound [Sterling (GBP)]. Housing, food, and labor costs are quite reasonable. A One bedroom condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 and one can dine out on average at a three star restaurant for less than PhP 500. If you hire domestic help, a private driver&apos;s salary is approximately PhP 10,000/month, while trained housekeepers earn approximately -PhP 5,000/month. These salaries are lower if you live in the provinces.<br />
<br />
Cable Television, Hi-Speed Internet and Satellite Communications are cheap. One can hire an air-conditioned taxicab for eight hours for less than $25.00. In a country where a provincial Governor&apos;s salary is only PhP 28,000 per month, and a Presidential Cabinet Under-Secretary earns PhP 35,000, your pension can go a long way. So, if you have a retirement income of approximately $1,500 to $2,000 per month ( PhP 80,000 to 100,000) you can live quite well in the Philippines.<br />
<br />
As for health care, most U.S. Health Management Organizations pay for medical expenses incurred in the Philippines. Check with your HMO. The Philippine Department of Foreign Affairs presently has a task force headed by former Secretary Roberto Romulo working to have the U.S. government accredit a number of first class Philippine hospitals for Medicare reimbursement. The Makati Medical Center, one of the nation&apos;s best already has such accreditation. Unbeknown to many is that for years, citizens of nearby countries such as Thailand, Nauru, Tonga, Indonesia, and Malaysia have flocked to the Philippines for medical care, particularly sensitive surgical procedures. The quality of medical care at the better Manila hospitals such as the Asian, St. Luke&apos;s, Medical city, Cardinal Santos, Philippine Heart Center for Asia, National Kidney Institute, and Makati Medical Center meets international standards.<br />
<br />
A Japanese company is building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually. The British government recently acquired a large tract of land in Fort Bonifacio to build a new Embassy. The British ambassador explained the larger facility is meant to help serve the growing number of British nationals retiring there as well. Japanese and Korean investment groups are buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country. A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon<br />
<br />
English is the Philippines&apos; official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employeesa all speak English, or have a working understanding of it. The middle class speak English, without exception. All major newspapers, and major broadcast companies use English. An English speaking visitor will never get lost in the Philippines. It is the universal use of that language that has been a strong incentive to foreigners. As well, communications links within the country and to other countries via the various commercial gateways is up to international standards. For example, the use of cell phones and text messaging is so common that housemaids, street vendors and food hawkers can be seen using their celphones incessantly.<br />
<br />
One will never want for adventure and sights to experience in the Philippines. There is always a colorful Fiesta, pageants, street festivals, and open public events going on. Lush with bountiful natural resources, one can enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except skiing. There is an ice skating rink in Manila, though. Scuba diving and fishing are among the sports which draw the most number of foreigners to the rich aquatic offerings.<br />
<br />
Shopping is the Filipinos&apos; second most popular activity, the first is eating. Manila is Asia&apos;s undiscovered shopping Mecca. You will love the golden purple sunsets, the fragrance of the flowers at dusk, and the wonderful array of fruit and food. I used to enjoy watching the Sun set from the bar at the Philippine Cultural Center. There, you can listen to the Symphony, check out a play, or enjoy Grand Opera. There is just so much to explore and discover, specially in terms of nature, culture, and history. If you&apos;re a betting man, there&apos;s horse racing, the Jai Alai, numerous first class casinos, and of course, cok-fighting. Manila is well known for its exciting night life.<br />
<br />
The Philippines offers affordable real estate and good investment opportunities for those seeking a retirement haven<br />
<br />
"Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free" enthuses Collingz. "These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70&apos;s" and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round" said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine&apos;s Dock Flats before coming over to the Philippines<br />
<br />
If you have $50,000 or GBP 30,000 to invest, here are some buys you could make right now with that budget:<br />
<br />
1. A Freehold Studio Condotel Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. Total Contract Price: USD 42,762.06. Pay Cash and take a full 20% discount [Save USD 8,552.41] on the unit price. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009<br />
<br />
2. A Freehold Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft] at $1,618.00/sqm. Total Contract Price: USD 44,058.14 [Tax Exempt]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,405.81 Pay 90% of the contract price now [USD 35,687.09] and the remaining 10% balance [USD 3,965.23] on unit turnover from March 2007<br />
<br />
3. A Freehold Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Fully Furnished Studio 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. Pay Cash and take a full 10% discount [Save USD 5,509.96] Pay Reservation [USD 1,820.00] and Cash Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72. Immediate Occupancy.<br />
<br />
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010<br />
<br />
To be called Lancaster Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] Condotel Studios, One, Two &amp; Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity<br />
<br />
According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: "My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here. 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 Condotel 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 Condotel 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&apos;s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit"<br />
<br />
Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.<br />
<br />
"These international buyers know it&apos;s a buyer&apos;s market in the Philippines right now-there are a lot of properties available and fewer local buyers," Collingz said. "I&apos;m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers"<br />
<br />
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.<br />
<br />
Accessibility from Europe &amp; The United States is also a factor.<br />
<br />
"London to Qatar, London to Amsterdam to Singapore or Hong Kong, Los Angeles to Tokyo, San Francisco and New York to Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it&apos;s easy to see why the Philippines is becoming an international community."<br />
<br />
Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it&apos;s flagship Lancaster Condotel Developments fit&apos;s the bill.<br />
<br />
Financing Options and Security open up Philippine real estate market to International buyers.<br />
<br />
Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.<br />
<br />
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles&apos; of Real Estate Transactions.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
Another drawback to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a Condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.<br />
<br />
Collingz highlights the importance of working with those experienced in this type of transaction. "Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example," said Collingz. "The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client&apos;s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they&apos;re interested in an online portfolio"<br />
<br />
Communication is the key to the process, according to Collingz. "We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that&apos;s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area." In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home. Pacific Concord Properties&apos;<br />
<br />
Philippine real estate, medical, social services, and employment agencies are now working together under the government&apos;s Philippine Retirement Authority (PRA) to set up standards and make the retirement industry truly world class. Under the direction of Gen. Edgar B.Aglipay, chairman of the Philippine Retirement Authority, plans have been operationalized to ensure that the growing demand for housing and ancillary services for the retirees are met. The objective is to turn the country into the retirement haven in Asia. <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9260">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9260&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 04 Dec 2006 09:50:51 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>European Property "dented" by Southeast Asian Condo Hotel Market</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">A growing number of investors seeking to buy property abroad are searching in new locations in Southeast Asia at the expense of Europe, according to experts.</p><p>Mandaluyong City, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/22/2006 --  Beth Collingz, head of plcglobalpinoy.com, says that new developments in South East Asian markets, such as the Philippines, have "dented" the "overall demand" for property in Europe specially the former eastern block countries of Bulgaria, Poland and Romania<br />
<br />
However, the firm argues that the majority of off-plan-investors have left Europe and have chosen to develop property in the Philippines, increasing the demand for speculative investments in the country rather than houses.<br />
<br />
Questioned whether would-be holiday home owners ought to consider the Philippines over Eastern Europe, Collingz said: "You get what you pay for and the Philippines has by far the better climate as well as fabulous resources, in terms of infrastructure and leisure facilities. In Eastern Europe they are far away from offering any comparison, Condo Hotel or Condotel Investments in the Philippines were more likely to deliver higher returns than in Bulgaria, Poland or Romania which no longer offer "instant gains".<br />
<br />
A would-be real estate investor at a conference in London in April said he&apos;d researched the Philippines property market for five years, considering making a buy. Meantime, prices appreciated, maybe, 200% in that period. The market became too expensive for him and he never did act.<br />
<br />
Another investor at a Real Estate Forum, explained that he&apos;d been watching the market in the Philippines, for more than two years but was still uncertain as to whether or where to buy. He lamented the rate of appreciation of property values during those 24 months.<br />
<br />
Two pieces of advice: First, yes, do your homework. But, second, don&apos;t become paralyzed by the analysis. Nothing is guaranteed. You&apos;ll rarely identify a "perfect" time to buy. You&apos;ll never know you&apos;re making the right move. In any market, at any time, you could lose everything you invest.<br />
<br />
If those things make you uneasy...you shouldn&apos;t be thinking about investing in international real estate. This is risky business...often speculative...in unregulated, Wild West markets. Dealing with people you wouldn&apos;t do business with if you had any choice (sometimes you don&apos;t). If something goes wrong, you&apos;ll likely have little or no recourse.<br />
<br />
That&apos;s the game. Investing in foreign real estate is more risky and more complicated than investing in U.S. real estate. Recognize these truths. Choose your markets. Do your research and due diligence.<br />
<br />
You must have the answers to the six primary factors to consider when making a real estate investment--and how each one affects your level of income:<br />
<br />
1. Why you&apos;re making the investment. Do you intend to use and enjoy the property? Or, are you only looking at the investment potential? That&apos;s important to your initial outlay and your long-(or short-) term returns.<br />
<br />
2. What&apos;s your tolerance for risk? Learn your Risk Comfort Level, is this investment within those parameters?<br />
<br />
3. Your options for financing. Cash or credit? Your answer helps determine your investment.<br />
<br />
4. What fits well in your existing portfolio? To be well-balanced, your portfolio should have a range of assets including real estate--and your portfolio should include a range of properties.<br />
<br />
5. Your level of experience in the market. Experience is the roughest teacher--because it gives the test before it gives the lesson.<br />
<br />
6. Your desired level of involvement. Your level of participation will help you determine your type of investment.<br />
<br />
Then act. Take a first step. Don&apos;t invest money you can&apos;t afford to lose. Control the circumstances as much as possible. But don&apos;t wait for a sign from above that the timing and the opportunity are ideal. The sign won&apos;t come...and the market won&apos;t wait. For a first deal you should probably invest no more than $50,000.<br />
<br />
Here are some buys you could make right now with that budget:<br />
<br />
1. A Freehold Studio Condotel Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. Total Contract Price: USD 42,762.06. Pay Cash and take a full 20% discount [Save USD 8,552.41] on the unit price. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009<br />
<br />
2. A Freehold Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft] at $1,618.00/sqm. Total Contract Price: USD 44,058.14 [Tax Exempt]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,405.81 Pay 90% of the contract price now [USD 35,687.09] and the remaining 10% balance [USD 3,965.23] on unit turnover from March 2007<br />
<br />
3. A Freehold Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Fully Furnished Studio 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. Pay Cash and take a full 10% discount [Save USD 5,509.96] Pay Reservation [USD 1,820.00] and Cash Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72. Immediate Occupancy.<br />
<br />
UK Property Investors, London Stockbrokers, Property &amp; Estate Agents and Overseas Filipinos based in London are taking advantage of the Cheap Philippine Real Estate market and easy terms of payment, to snap up Condotel investment properties in Metro Manila and Cebu<br />
<br />
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will getn projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010<br />
<br />
To be called Lancaster Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] Condotel Studios, One, Two &amp; Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity<br />
<br />
According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: "My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here. 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 Condotel 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 Condotel 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&apos;s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit"<br />
<br />
Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.<br />
<br />
"These international buyers know it&apos;s a buyer&apos;s market in the Philippines right now-there are a lot of properties available and fewer local buyers," Collingz said. "I&apos;m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers"<br />
<br />
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.<br />
<br />
Accessibility from Europe &amp; The United States is also a factor.<br />
<br />
"London to Qatar, London to Amsterdam to Singapore or Hong Kong, Los Angeles to Tokyo, San Francisco and New York to Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it&apos;s easy to see why the Philippines is becoming an international community."<br />
<br />
Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it&apos;s flagship Lancaster Condotel Developments fit&apos;s the bill.<br />
<br />
Financing Options and Security open up Philippine real estate market to International buyers.<br />
<br />
Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.<br />
<br />
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
"Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free" enthuses Collingz. "These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70&apos;s" and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round" said Beth Collingz whom used to live in South Kensington and still owns several<br />
<br />
Chelsea Embankment Townhouses and St. Catherine&apos;s Dock Flats before coming over to the Philippines<br />
<br />
A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles&apos; of Real Estate Transactions.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
Another drawback to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a Condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.<br />
<br />
Collingz highlights the importance of working with those experienced in this type of transaction. "Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example," said Collingz. "The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client&apos;s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they&apos;re interested in an online portfolio"<br />
<br />
Communication is the key to the process, according to Collingz. "We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that&apos;s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area."<br />
<br />
In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home. Pacific Concord Properties&apos; staff then handles every detail of the closing so that on their next visit, the buyers can enjoy their new home or investment property.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9105">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9105&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 22 Nov 2006 12:04:35 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Philippines Condo Hotel Property Investments 'Expanding Across the World'</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Property investors are increasingly looking away from concentrated property areas like Paris and London's West End to other markets all over the world, a new report states.</p><p>Metro Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/14/2006 --  PLC International Marketing Networks has revealed that some institutional investors are trying to diversify their property portfolios through areas like Southeast Asia, China and beyond - with the Philippines heading the list, then Thailand, Japan, China, and Singapore property investments featuring in some portfolios.<br />
<br />
In the UK, "Investors are moving to new areas to find value" said Beth Collingz, Global Marketing Director of PLC International Marketing Networks based in Metro Manila and Cebu in the Philippines. "More and more of clients for Condotel Investments are coming from the UK. There has been a distinct market shift from US based clients over the past few months and we see that trend continuing over the winter months of 2006 and on into 2007 has Sterling continues its increase in value over the US Dollar.<br />
<br />
"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 Condotel 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 Condotel 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&apos;s purchase prices, give a projected ROI on their investments of some 12-18% depending upon the mode of payment for the unit"<br />
<br />
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu -the area around Cebu International Airport - fits the bill with all it offers to International buyers.<br />
<br />
Accessibility is also a factor. "London to Qatar, Sydney to Singapore or New York to Hong Kong direct flights to Cebu, for example, average just 16 hours, add to that the many airline specials and it&apos;s easy to see why this area is becoming an international community." Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it&apos;s flagship Lancaster Condotel Developments fit&apos;s the bill.<br />
<br />
Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales. <br />
<br />
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster  Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.<br />
<br />
Collingz highlights the importance of working with those experienced in this type of transaction. "Buying property in the Philippines is significantly different from buying in the UK and other European countries, for  example," said Collingz. "The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client&apos;s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our web site and save listings they&apos;re interested in an online portfolio"<br />
<br />
The Philippines, located in Southeast Asia, is one of the few fully democratic nations with a predominantly English speaking population benefiting from substantial foreign direct investment and billions of dollars in remittances from overseas Filipinos and economic advancement as a result. According to the report these facts mean that over the coming decade the housing market in Philippines will likely go from strength to strength and anyone who invests now could net up to 400% profit on their investment in the next ten years.<br />
<br />
The report was based on an economic assessment and overview of each country in Southeast Asia and included analysis of the room for growth within each country&apos;s real estate sector. Because property prices in the Philippines for mid range Condominium developments start from as little as twenty five thousand Pounds [25,000 GBP], the room for property price expansion is clear. The low starting prices for real estate in the Philippines also mean that its property sector is already attracting substantial international real estate investor interest.<br />
<br />
Investors from all backgrounds are attracted to the Philippines - those with a small sum of money to invest are looking to make immediate gains from buying Condos in Metro Manila preconstruction which can be purchased by stage payment and profited from upon completion when investors are flipping the real estate right back into the market. Those with more substantial sums of money to invest are generally drawn to either the Condotel Investment property sector in Manila or the Philippines burgeoning tourism market.<br />
<br />
Opportunities in the Philippines tourism market exist along the country&apos;s stunning and as yet undeveloped coastline and also in the Philippines quality but as yet little known beach resorts. Accommodation in these locations is required to let out to tourists and a growing number of  British citizens are also seeking second homes in these areas of Cebu, Philippines as well, with most preferring to purchase Condotel or Fully Managed and Operated Condo Developments where a rental income can be gained when not using their units.<br />
<br />
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010<br />
<br />
To be called Lancaster Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] Condotel Studios, One, Two &amp; Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9104">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9104&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 14 Nov 2006 14:14:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Sico Property Investments Appointed as Marketing Partner in London, UK for Philippine Condotel Investments</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/03/2006 --  PLC International Marketing Networks based in Manila, Philippines recently appointed SICO PROPERTY INVESTMENTS as their lead marketing partner in London, UK for Pacific Concord Properties Inc., Condotel Investments in the Philippines.<br />
<br />
Simon Dixon of Sico Investments, a Stockbroker on the London Exchange, recently visited the Philippines on behalf of several private investors and investments trusts in the United Kingdom to take a look at the Lancaster Suites Condotel developments in Metro Manila and Cebu<br />
<br />
After personally doing his inspection tour, Simon is convinced that the Philippines truly offers World Class Investment Opportunities in Real Estate for offshore investors from the UK whom are looking to purchase investment real estate specially Condotel Developments where the unit owner not only gains from property appreciation but receives a rental income through the Condotel Management representing some 14-16% ROI on their investments.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationaly accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct contruction releated costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/8877">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=8877&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 03 Nov 2006 14:31:10 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Condotel Investments in the Philippines Attract UK Investors</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Condotel Investments in the Philippines Attract UK Investors, UK Offshore Property Buyers, London International Property Investors, Stockbrokers and Filipinos Married to British Citizens Snap Up Pacific Concord Properties’ Financing Options available for the purchase of Condotel Developments in Metro Manila and Cebu.</p><p>London, UK  -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/01/2006 --  UK Property Investors, London Stockbrokers, Property &amp; Estate Agents and Overseas Filipinos based in London are taking advantage of the Cheap Philippine Real Estate market and easy terms of payment, to snap up Condotel investment properties in Metro Manila and Cebu <br />
<br />
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010<br />
<br />
To be called Lancaster Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] Condotel Studios, One, Two &amp; Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity<br />
<br />
According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: "My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here. 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 Condotel 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 Condotel 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&apos;s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit" <br />
<br />
Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years. <br />
<br />
"These international buyers know it&apos;s a buyer&apos;s market in the Philippines right now—there are a lot of properties available and fewer local buyers," Collingz said. "I&apos;m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers" <br />
<br />
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu — the area around Cebu International Airport — fits the bill with all it offers to International buyers.<br />
<br />
Accessibility from Europe is also a factor. <br />
<br />
"London to Qatar, London to Amsterdam to Singapore or Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it&apos;s easy to see why the Philippines is becoming an international community." <br />
<br />
Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it&apos;s flagship Lancaster Condotel Developments fit&apos;s the bill.<br />
<br />
Financing Options and Security open up Philippine real estate market to International buyers. <br />
<br />
Previously a stumbling block for some international buyers was the perception that it is difficult —if not impossible — to obtain financing in the Philippines. As a result, many purchases in the past were cash sales. <br />
<br />
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
"Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free" enthuses Collingz. "These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70&apos;s" and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round" said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine&apos;s Dock Flats before coming over to the Philippines<br />
<br />
A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles&apos; of Real Estate Transactions.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
Another drawback to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a Condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.<br />
<br />
Collingz highlights the importance of working with those experienced in this type of transaction. <br />
<br />
"Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example," said Collingz. "The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client&apos;s agent or representatives. Our goal—and that of Pacific Concord Properties Inc — is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they&apos;re interested in an online portfolio" <br />
<br />
Communication is the key to the process, according to Collingz. "We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that&apos;s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here—and we can ensure they have time to get to know and enjoy the area." <br />
<br />
In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home. Pacific Concord Properties&apos; staff then handles every detail of the closing so that on their next visit, the buyers can enjoy their new home or investment property.<br />
<br />
To further penetrate the UK Offshore Property Investors Market potential, PLC International Marketing Networks recently appointed SICO PROPERTY INVESTMENTS as their lead marketing partner in London, UK for Pacific Concord Properties Inc., Condotel Investments in the Philippines<br />
<br />
Simon Dixon of Sico Investments, a Stockbroker on the London Exchange, recently visited the Philippines on behalf of several private investors and investments trusts in the United Kingdom to take a look at the Lancaster Suites Condotel developments in Metro Manila and Cebu<br />
<br />
After personally doing his inspection tour, Simon purchased several Lancaster Condotel Suites and, is convinced the Philippines truly offers World Class Investment Opportunities in Real Estate for offshore investors from the UK whom are looking to purchase investment real estate specially Condotel Developments where the unit owner not only gains from property appreciation but receives a rental income through the Condotel Management representing some 14-16% ROI on their investments.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />Director<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/8865">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=8865&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 01 Nov 2006 10:18:34 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
    </item>
    <item>
      <title>Midwest America Realty Appointed Marketing Partner for Philippines Condotel Investments</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">PLC International Marketing Networks based in Manila, Philippines recently appointed MIDWEST AMERICA REALTY INC as their lead marketing partner in Chicago, USA for Pacific Concord Properties Inc., Condotel Investments in the Philippines.</p><p>Mandaluyong City, Metro Manila, Philippines -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 10/31/2006 --  Joe Gozun, President of Midwest America Realty Inc, a Fil-Am and Real Estate Broker based in Waukegan, Chicago, recently visited the Philippines on behalf of several investors to take a look at the Lancaster Suites Condotel developments in Shaw Boulevard, Metro Manila. Philippines.<br />
<br />
After personally doing his inspection tour, and purchasing several Lancaster Atrium Condotel Suites for himself, Joe is even more convinced that the Philippines truly offers World Class Investment Opportunities in Real Estate for offshore investors from the USA whom are looking to purchase investment real estate specially Condotel Developments where the unit owner not only gains from property appreciation but receives a rental income through the Condotel Management representing some 14-16% ROI on their investments. A much better investment than anything available in the United States<br />
<br />
Upon introduction of the new affordable easy payment plans for the Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI&apos;s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment "Boom" in the Philippines.<br />
<br />
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationaly accepted practice of Escrow Trust Account Banking for all payments made by buyers of it&apos;s Condotel Suites, international offshore property investors need no longer worry about the security of their investments<br />
<br />
One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.<br />
<br />
Pacific Concord Properties Inc., now sets that "International Standard&apos; in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.<br />
<br />
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct contruction releated costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Beth Collingz<br />PLC International Marketing Networks<br />Telephone: 63 2 717 1958<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/8876">Click to Email Beth Collingz</a><br />Web: <a rel="nofollow" href="http://www.lancastersuites.com">http://www.lancastersuites.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=8876&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 31 Oct 2006 09:12:11 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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