A PIECE OF WORRY-FREE INVESTMENT IN THE HEART OF BORACAY NEWCOAST. GUARANTEED INCOME FROM HOTEL OPERATIONS. Boracay Newcoast lies on the premier side of Boracay, one of more than 7,000 islands in the Philippine archipelago. Located in Aklan province, off the northwest tip of Panay island in the western Visayas region, Boracay is every inch a tropical paradise. The island is surrounded by the sparkling azure waters of Sibuyan Sea in the east and Sulu Sea in the west. And blessed with sunshine, sandy shores and ocean breezes, it's a destination that echoes with its own unique siren song.The Future Development of Boracay Newcoast located at the east side of the island. This will be the new tourist attraction in Boracay and will soon overtake the White Beach at Station 1-3 on the west side of the island.BORACAY NEWCOASTOFFERING CONDOMINIUM HOTELS (CONDOTEL) Boracay Belmont Luxury Hotel and Savoy HotelAdvantages of owning a condotel.-It is a "WORRY-FREE" investment because the hotel operator manages:•leasing of the hotel rooms/ units;•maintenance, refurbishment and improvement of the units;•operating expenses, real property taxes, association dues, common area charges, utilities, insurance and other related expenses.-The unit owner still earn even his unit is not rented out.-30 Free Room Nights Privilege can be availed by the unit owner throughout the operating year.Hotel-grade Interior Finishes, furniture, fixtures and accessories such as bed/s, bedding, linen and pillows, table lamp, chair, wall mounted LCD TV, mini bar, safety deposit box, carpeted flooring for the sleeping area.The finishes and furniture will not be ordinary, run of the mill, or off the floor furniture.WHY INVEST IN BORACAY?AWARDS AND CITATIONS•"Best Beach in Asia 2015"--TripAdvisor.com•"6th Best Island in Asia for 2014"-TripAdvisor.com•"World's Best Island Destination 2013"-Travel + Leisure•"10 Best Proposal Destinations 2013"-CNN•"Best Beach in Asia 2013"-TripAdvisor.com•"Top Destination for Relaxation 2013"-Agoda.comGlobal acceptance of Boracay as a beach destination makes the island a top choice for sustainable long term tourism.Expected annual growth for investment in Boracay is 5% to 15%.FAST FACTS ABOUT BORACAY•Boracay has two airports: one in Kalibo and one in Malay (Caticlan Airport)•The site of a 18-hole par 72 golf course designed by Graham Marsh•Domestic airlines like Philippine Airlines, Cebu Pacific, Zest Air, Air Philippines and SeaAir fly to Boracay regularly•Located approximately 315km south of Manila, 2km off the northwest tip of Panay Island•Approximately 7km long with a total land area of 10.32 sq.km.•Comprises the barangays of Manoc-Manoc, Balabag, and Yapak•Boracay is administered by the Philippine Tourism Authority and local government of Aklan•Situated northeast of the island, it is a fresh tourism inspired developments that will help Boracay attract more tourists and investors over the long-term.•Boracay Newcoast makes up the 14% of the island (including golf course)•It has an entire area of 140 hectares•Boracay Newcoast is set to bring in an additional 350,000 visitors to the island yearly and generate more than 7000 new jobs•The project is seen to double per capita income in Boracay within the next five years•Boracay Newcoast is an integrated tourism estate with world-class resort offerings.•It is the first and only master-planned leisure oriented community in Boracay.HOW TO GET THERE: BORACAY• Flight time from Manila to Caticlan is approximately 50 minutes.• There are also many flights to Kalibo, one may also take the Manila-Kalibo flight however, travel time is 1 1/2 hours by bus from Caticlan.• From Cebu City, flying time is also about 50 minutes and 30 minutes from Tablas, Romblon.• An adventurous but more leisurely and romantic way to travel to Boracay is by ferry from Manila to Caticlan or Dumaguit, near Kalibo. Travel time is about 17 hoursUNIT DETAILS:Belmont Luxury HotelJunior Suite with BalconyTotal area: 42sqmUnit Cost: Php 7,455,110.00Fit-Out Cost: 3,349,400.00Total Unit Price: Php 10,804,510.00Pre-sellingTurn over date: April 30, 2018 plus 6 Months Grace PeriodTerms of Payment:Reservation Fee: Php 25,000.00Option 1: 100% Spot Cash (12.5% Discount)Payable within 30 days from Date of ReservationOption 2:50% Down payment (10% Discount -- Due within 30 days from date of Reservation)35% Lumpsum on the 25th Month15% Upon Turn over Thru Cash or Bank FinancingOption 3:25% in 36 Months (To start after 30 days from Date of Reservation75% Upon Turnover Thru Cash or Bank Financing Fit-Out Cost is Payable within seven (7) days from receipt of notice of turnover. Contact us now to find out all the details?
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