Benefits of a Condo Hotel Investment with Buy-Back Guarantee

A condo hotel investment is a way to own vacation property without the hassle incurred with other property ownership. Condo hotel property has become very popular in Cebu City and Boracay Island in recent years. This is a top vacation spot in the Philippines and there is high demand for rentals. With a condo hotel, you will get more money for rentals than you would with many other types of property.

Condo hotel units are larger in Boracay Island and Cebu City than in most large cities in the Philippines such as Bohol and Baguio. In Boracay Island, Condo Hotel unit areas range are between 33 square meters to 82 square meters and prices are between 111,111 Dollars to 222,222 Dollars.

How a Condo Hotel Investment Works

Condo hotels are luxury properties with high yield income and they are often run by large hotel companies. They have the amenities and services that are typical of five star hotels. Most have spas, pools, fine dining, laundry service and room service.

You purchase the condo and use it when you want to have vacation in Boracay Island and Cebu City. The condo hotel has a rental program. The company takes care of renting, maintenance and cleaning. They also operate the services offered by the hotel. In return, the company keeps a percentage of the rental fees.

The best deals can be found prior to the beginning of construction and in the very early stages of construction. After this phase, the cost of ownership increases dramatically. Some tend to sell out fast, so you need to get in early to get the best price and be sure to get a space in the hotel of your choice. This is especially true in areas with a high rate of tourism, such as Boracay Island and Cebu City in the Philippines.

Who Pays What in a Condo Hotel Investment?

There are a variety of expenses involved in a condo hotel. Some of these fees are paid by the owner and others are paid by the operator of the hotel. The owner pays all the taxes and insurance on the unit. Any improvements that are needed, or wanted in the unit are the responsibility of the owner as well. If you need new tile in the bathroom, you will be responsible for paying the bill for the installation.

The operator pays the operating expenses of the hotel. This includes all administrative costs and marketing, such as advertising the units for rental. In addition, the costs incurred for housekeeping are paid by the operator. This includes the salary of the cleaning personnel, supplies and other equipment needed to keep the hotel in good condition.

When you purchase the property, you will need to sign a Management and Profit Sharing Agreement. This should stipulate the amount of money you get and the company gets for rental on the condo. The agreement should spell out when you plan to use your condo. How much time will you be staying there? If you want to add more time, how much notice do you need to give the company? This is important because if the unit is already rented, you may not be able to stay there.

In Boracay Island, Crown Regency Boracay Condo Hotel will offer you annual 52 FREE Night Stays in any Crown Regency Hotels with a 5 Year Buy-Back Guarantee and with a conservatitive yield 17%!

In Cebu City, Crown Regency Studio Condo Hotel will offer you annual 30 FREE Night Staysin any Crown Regency Hotels with a Conservative 7 Year Return of Investment!

For Investment Proposal and Reservations, please contact:

Daisy Guo

Fuente Triangle Realty Development Corp.

International Marketing Assistant

E-mail: ftrdcmarketing@gmail.com or info@cebucondoreview.co.cc

Cell: (+63917) 462-1174

Skype & Yahoo! Messenger: daisy_guo_onlinemarketing

My website: http://www.cebucondoreview.co.cc

My wordpress: http://daisyguoonlinemarketing.wordpress.com

High Yield Real Estate Investments in Asia

It’s a high yield condo hotel investment that will bring you lifetime asset. If you are looking for a good investment and affordable investment in Asia, no matter you are an expert on international investment or not, the figures below will convince you the most!

As a investor of a Condo Hotel unit in Crown Regency Resort & Convention Center in Boracay island, your unit will be under hotel operation and the dividends will be distributed quarterly or semi-annually, as mutually agreed upon with the Hotel Operator. Dividends wil be in the form of a check to be mailed or can be paid directly to your bank account and will be denominated in PHPeso. For a foreign currency to be remitted, prior arrangement must be made with the Hotel Operator on a case to case basis.

There are 457 high end funished as 5 star hotel rooms for sale in this largest Condo Hotel project so far in Boracay Island. Unit area ranges from 34 square meters to 82 square meters and with 3 different types of unit design which are studio unit, loft unit and deck unit with private outdoor jacuzzi. Projected rate per night of a standard studio type unit with garden view is PHP 5,000 (around USD 111, base on USD 1 = PHP 45); projected rate per night of a standard studio type unit with pool view is PHP 6,000 (around USD 133, base on USD 1 = PHP 45); projected rate per night of a loft type unit with garden view is PHP 11,000 (around USD 244, base on USD 1 = PHP 45);projected rate per night of a  loft type unit with pool view is PHP 12,500 (around USD 278, base on USD 1 = PHP 45); and projected rate per night of a deck unit with private outdoor jacuzzi is PHP 15,000 (around USD 333, base on USD 1 = PHP 45). These projected room rates are based on the current 4 star hotel room rates. Based on the conservative 60% occupancy in this Condo Hotel, the yield of your investment is 19.11%. Plus you can further increase your yield and investment returns up to 28.07% by selling your annual 45 FREE night stays to the open market.

If you are interested in this investment opportunity, please visit my website www.cebucondoreview.co.cc
and contact me through skype & yahoo! Messenger: daisy_guo_onlinemarketing, or send email to ftrdcmarketing@gmail.com or info@cebucondoreview.co.cc.

Visit www.cebucondoreview.co.cc

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Watch Endorsement Videos from Worldwide Investors

Boracay Island Condo Hotel Investor John Childers

John Childers an internationally known real estate investment speaker talks about high yield Condo Hotel investments in the Philippines and explains why NOW is the right time to invest in Condo Hotel with Fuente Triangle Realty Development Corp and Crown Regency Hotels, Philippines!

Boracay Island Condo Hotel Investor Greg McAfee

Guaranteed high yield return of investment! Greg McAfee, one of Hawaii’s most accredited real estate investors speaks about about investing in Ultima Residences Condos and Condo Hotel which are income generating, bundled with lifestyle club membership and FREE night stays in hotels and resorts worldwide affiliated with Interval International. Great investment opportunities in Boracay Island, Cebu and Manila in the Philippines. Now Ultima Residences is offering FREE Club Ultima Membership with every purchase and 45 FREE night stays every year in any Crown Regency Hotels and more than 2,900 affiliated hotels with Interval International.

Boracay Island Condo Hotel Investor Hiroko Sato

Japanese real estate investor Hiroko Sato offers Real Estate Investment tips, a quick tip about Condo Hotel investment in The Philippines. 

Condo-hotel

A condo-hotel, also known as a hotel-condo or a Condotel, is a building used as both a condominium and a hotel.

Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts in the US and around the world. These hotels have condominium units which allow someone to own a full-service vacation home. When they aren’t using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room.

Costs

Basic condo hotel ownership assumptions, according to Halogen Guides.[4] Note that analyzing the economics of a condo hotel unit is extremely difficult because of the challenge of getting accurate information about the potential income stream. Developers uniformly do not provide important data or estimates for room rates or occupancy levels for fear of coming under SEC regulations on investments, as opposed to real estate regulations.

Financial Considerations

The primary factors that contribute to the financial outcome in ownership are rental revenue, appreciation or depreciation, lending and tax deductions.

Since rental revenue is shared with the management company, owners typically pay no upfront fees for management, which includes the marketing and reservation of the units. Typical monthly fees for units in the rental pool include FF&E reserve and resort fee(s). Although the revenue splits between owner and management company do vary from project to project, most hover around 50 percent. Most condo hotels, and especially branded hotels like Westin or Ritz-Carlton, are strategically located in resort economies or popular urban destinations, which allow for high nightly rates and consistent year-round occupancy. Rental income from hotel guests is at the mercy of travel patterns and may decline.

Many condo hotels, especially the branded condo hotels, have seen double-digit growth, and have out-performed traditional condos or single family homes in the same resort market. Condo hotels units are fee simple deeded real estate, and can be bought and sold like other forms of real estate. Because of the lack of resale data available for many of the emerging markets where pre-construction condo hotels can be found, experts heed caution when considering a condo hotel purchase for investment purposes alone. Just like traditional real estate, appreciation is never guaranteed. This very scenario most recently occurred in Las Vegas. Several of the more notable condo hotels have sold for less in the resale market than during pre-construction.

Financing is generally costlier than for a primary residence. Mortgage rates may be a full point higher, and in the past this was especially true because financial institutions were unfamiliar with the condo hotel concept. Pre-construction purchases require a significant down payment, and buyers won’t see financial return or be able to use their unit until the hotel is completed and ready for operation. Furthermore owners may have to purchase extra insurance to protect against liability claims and some types of damage or loss.

Homeowner’s Association Fees and Services

As with most condominiums, owners of condo-hotel units are required to pay homeowner’s association fees, commonly referred to as HOAs. The fee and services can vary a great deal. Factors causing a fluctuation are the hotel’s star rating and operation level, and it’s physical location. A property located on the ocean, for example, can experience coastal weather regular basis, which in turn can increase the need for more regular maintenance to the exterior of the building. Along those same lines, a property located in a ski resort must weather powerful winter storms and must also deal with snow removal services.

Exceptions aside, many of the fees and services found in HOAs are fixed and fluctuate very little from project to project. Services such as these usually include general unit utilities, common area utilities, individual room and building reserves, grounds maintenance, exercise area use fees, security, pest control, mechanical repair costs, safety alarm systems, parking area maintenance, pool area maintenance, and owner management and administrative services. Items related to hotel guest impact are generally not included in the HOA fees, these would include housekeeping, and costs related to hotel staffing and operation.