Best Real Estate and Property Investments in the Philippines: April 2013

Wednesday, April 24, 2013

Soon at the crossroads of

Silang and Tagaytay.

Another Camella community will RISE!

This first-class fully integrated residential community, is situated on a 20 hectare prime land located along Aguinaldo Highway. Less than 100 meters away to Tagaytay on the South and approximately 45 kilometers south of Metro Manila. Its excellent LOCATION makes it possible for residents to experience world class lifestyle within a nature-inspired setting. Enjoy the coolness and the bounty of nature in your very own community.

Your very own HOME sanctuary....

CARMELA MODEL UNIT

Total Contract Price - P 2,800,000

less : Introductory Discount - 100,000

Discounted Total Contract Price - P 2,700,000

15% Down payment - P 405,000

85% Loanable - P 2,395,000

Reservation Fee - P 15,000

Down payment payable in 12 months - P 32,500 per month

Loanable Amount Monthly Amortization:

20 yrs to pay - P 19,196 per month

15 yrs to pay - P 21,932 per month

Other Model Units :

Carmina Uphill/ Downhill - P2.9M

Drina - P3.4M

Dorina Uphill - P3.4M

Elaisa - P4.3M

FOR INQUIRIES AND SITE VIEWING TEXT/CALL :

09231038738 or 09179340184

Letter of Intent (LOI) to reserve !

Czarina "zsazsa" Quibote

LICENSED REAL ESTATE BROKER AND ACCREDITED SELLER OF CAMELLA HOMES

PRC REBL#0016870

Thursday, April 18, 2013

ACTUAL PRICE AND PAYMENT SCHEDULE SAVOY HOTEL NEWPORT CITY

SAVOY HOTEL NEWPORT CITY IN NINOY AQUINO INTERNATIONAL AIRPORT TERMINAL 3. WITHIN THE VICINITY OF MARRIOTT HOTEL AND RESORTS WORLD HOTEL. SOON TO HAVE A CONVENTION CENTER - BUILDING ON-GOING CONSTRUCTION. GREAT INVESTMENT FOR FILIPINOS WORKING ABROAD AND FOREIGN NATIONALS WHO WISH TO INVEST IN THE PHILIPPINES. GUARANTEED RETURN ON INVESTMENTS AND SUSTAINABLE PASSIVE INCOME.

SEE FLEXIBLE PAYMENT TERMS BELOW - PRESELLING STAGE.

FOR INQUIRIES AND RESERVATION PLEASE CONTACT ME 09231038738 or 09179340184
EMAIL : inquirezsazsaq@gmail.com

CZARINA ZSAZSA QUIBOTE
Licensed REAL ESTATE BROKER
PRC REBLicense# 0016870

Megaworld Newport Property Holdings, Inc.
Newport City Information Center,
Resort Drive, Newport City,
Villamor Airbase, Pasay 1309, Philippines

Thursday, April 11, 2013

SAVOY HOTEL : FREQUENTLY ASKED QUESTIONS

THE SAVOY HOTEL AT NEWPORT CITY AND BORACAY ~Frequently Asked Questions

How does the Condominium Hotel Operate?

The Savoy Hotel will be operated and managed by Prestige Hotels and Resorts Inc. (PHRI), a company dedicated to managing Megaworld's hotel and leisure portfolio, either by itself, through a subsidiary or affiliate, or through a third party. Prestige current roster of projects includes The Richmonde Hotel in Ortigas CBD as well as the Eastwood Richmonde Hotel at Eastwood City.

How does one become a condominium hotel Unit Owner at Savoy Hotel?

First, the Investor has to choose between the two types of units : a Twin Bedroom Suite (24.10 sqm) with 2 twin-beds Or a Queen Suite (26.30 sqm) with one queen size bed. Upon purchase of the unit, we request the unit owner to sign the Request for Reservation and Offer to Purchase, the Fit-out agreement, the Contract to Buy and Sell and the Lease Agreement.

What is this Lease Agreement?

By the lease agreement, the investor or unit buyer leases the unit to Prestige Hotels and Resorts Inc (PHRI), which unit shall then be included in a pool of condominium hotel units to be made available to paying guests for use as hotel rooms.

What are the terms of the Lease?

The lease shall be for a period of fifteen (15) years, commencing on the date on which paying guests are first admitted to the Hotel by the hotel operator, and ending fifteen (15) years thereafter (the "initial lease term'). The lease shall be automatically renewed for another fifteen (15) years.

What is the advantage of engaging a hotel operator to manage the operations of the condominium hotel?

This arrangement gives the condominium hotel unit owner a "worry free" investment because the hotel operator manages the leasing of the hotel rooms, their maintenance, refurbishment and improvement as well as their operating expenses, real property taxes, association dues, common area charges, utilities, insurance and other related expenses. All expenses including advances for the expenses and in case of deficiency, shall be deducted from the gross room revenue.

An independent auditor, belonging to the Top 5 auditing companies accredited with the Philippine Securities and Exchange Commission, will be hired to audit, examine or review the hotel operator's annual operating statement.

Will the unit owner still earn if his or her unit was not rented?

Yes, a condominium hotel unit owner will be entitled to a share in Net Room Revenue regardless of whether his/her unit was actually rented or not. Under our system, the hotel operator will pool together the rental revenue generated from all hotel units and distribute the Net Room Revenue to all hotel unit owners after the end of each operating year.

Are there any other condominium association dues?

Condominium association dues shall form part of the hotel operating expenses and shall be deducted from Gross Room Revenue.

Can the unit owner live in the property full time?

No. As a condominium hotel owner, he or she may occupy for personal use, a hotel room for 30 room nights per operating year. Room may not be the exact room purchased.

When does the unit owner get his/ her 30 free room nights privelege?

The 30 free room nights privelege can be availed of by the condominium hotel unit owner throughout the operating year. He or she will have to contact the hotel for advance booking. If a unit is turned over and included in the pooled units after the start of an operating year, the unit owner shall be entitled only to a pro-rata number of room nights corresponding to the remaining period of the operating year.

As a matter of policy, a condominium hotel unit owner may be allowed to avail of up to 10 free room nights only per visit.

Also as a policy, the condominium hotel unit owner can book any room except for the peak periods or close-out days. Traditionally, New Year's Eve, Chinese new Year and convention periods are peak periods. This policy is created so that we can accommodate as many hotel guests as possible during the peak periods of hotel operations, in order to maximize returns for the investors.

Can a unit owner use his/ her free room nights privelege for more than one unit at the same duration?

Yes, the condominium hotel unit owner may occupy more than one hotel room at a time, provided it does not exceed the maximum stay of 10 free room nights per visit.

Can the unit owner still reserve a room after he is able to use up the 30 free room nights privilege?

Yes, he may still book a room beyond the 30 free room nights privilege, this time as a regular paying hotel guest and after the usual advance booking.

Can the unit owner transfer the rights of his/her 30 free room nights privilege to another party?

Yes, the 30 free room nights privilege may be transferred to a condominium hotel unit owner's guest. The unit owner simply has to fill up an endorsement form, which will be subject to room availability and booking confirmation.

Do unit owners have the option of selling their hotel units?

Yes. However, the unit shall be offered first to Prestige Hotels and Resorts Inc (PHRI) at a price certain. Should PHRI waive its right of first refusal over the unit, it can be offered to the open market at the same terms and conditions offered to PHRI.

The transferee will still be bound to honor and respect the Lease Agreement signed by the previous unit owner.

How are Revenues and Income determined?

Please refer to the provisions on Rent and Remittance of Rent in the Essential Terms & Conditions.

When will be the distribution of earnings?

It will be done on an annual basis after results of operations are audited.

When is the expected completion of the hotel?

By year 2016.

VIEW HERE - TOP 10 REASONS WHY INVEST AT SAVOY HOTEL

FOR INQUIRIES AND RESERVATION PLEASE CONTACT 09231038738 OR 09179340184 EMAIL AT inquirezsazsaq@gmail.com

CZARINA ZSAZSA QUIBOTE
Licensed Real Estate Broker
PRC REBL#16870

HOT INVESTMENT PHILIPPINES : SAVOY HOTEL AT NEWPORT CITY AND BORACAY

SAVOY HOTEL AT NEWPORT CITY ( IN FRONT OF NAIA TERMINAL 3)

This is the hottest real estate news in town - the new SAVOY HOTEL at Newport City! Own a hotel unit and get a share of revenues from its hotel operations, year after year!

It's a worry-free investment because the hotel operator takes care of the leasing, maintenance, operating expenses, taxes, utilities, insurance and association dues.

The highest level of customer service and satisfaction is guaranteed by a professional hotel group tasked to manage, operate, and maintain the establishment. And while owners do not reside in their units, they earn income from the units' occupancy by guests over the long term.

Top 10 reasons why Savoy Hotel at Newport City is the Best Investment for YOU!

1. The SAVOY is set right in the heart of Newport City - complete and integrated setting. Bringing together residences, retail, attractions, offices, schools and institutions. Strategically located across Terminal 3 of the Ninoy Aquino International Airport, it is – to travellers from all over the world – the premier gateway to the Philippines.

2. It is home to the country’s first integrated tourism estate, Resorts World Manila. Since the opening of Resorts World, Newport City has welcomed over two million local and international visitors. Over the next three years, foreign tourists to Resorts World are expected to hit the 500,000 mark. Steady tourist arrival are set to increase hotel occupancy, and with Savoy Hotel well positioned to meet market demand. It emerges as an attractive alternative to potential hotel guests. A Convention Center is also being constructed within the Newport City and will soon be operational in few years time. This will make a higher demand for room occupancy for local and international business people as well as for tourists and visitors from all over the country and the world.

3. The Villamor golf-course is well located behind Marriott’s hotel complex. The 60-hectare, championship-level golf course features 18 holes and 72 pars spread out over challenging terrain and water hazards. Also onsite are practice greens, a driving range, golfer’s lounge and pro shop.

4. As a condotel, all units are competitively priced and offered at flexible payment terms and comes with a Condominium Certificate of Title.

5. The highest level of customer service and satisfaction is also guaranteed by a professional hotel group tasked to manage, operate and maintain the establishment. It will beoperated and managed by Prestige Hotels and Resorts, Inc.Prestige’s current roster of projects includes The Richmonde Hotel in Ortigas CBD as well as the Eastwood Richmonde Hotel at Eastwood City.

6. Entitles the investor a period of 15-year lease by the hotel operator and will be automatically renewed for another 15 years unless the investor/lessee serves notice to BUYER. This guarantees the investor of 30 years or more passive income.

7. It assures a “worry free” investment because the hotel operator manages the leasing of the hotel rooms, their maintenance, refurbishment and improvement as well as their operating expenses, real property taxes, association dues, common area charges, utilities, insurance and other related expenses.

8. An independent auditor, belonging to the Top 5 auditing companies accredited with the Philippine Securities and Exchange Commission, will be hired to audit, examine or review the hotel operator’s annual operating statement.

9. The 30 Free Room Nights Privilege can be availed of by the condominium hotel unit owner throughout the operating year. He or she will just have to contact the hotel for advance booking.

10. The condominium hotel unit owner will be entitled to a share in Net Room Revenue regardless of whether his unit was actually rented or not.

VIEW INVESTMENT PAYMENT TERMS HERE
VIEW INVESTMENT DETAILS AND FAQs HERE

For inquiries and reservation.. you may contact me :
09231038738 or 09179340184
email at inquirezsazsaq@gmail.com

Czarina Zsazsa Quibote
Licensed Real Estate Broker
REBL#16870

Megaworld Newport Property Holdings, Inc.
Newport City Information Center,
Resort Drive, Newport City,
Villamor Airbase, Pasay 1309, Philippines