Condotel Investment Opportunity in the Philippines

by KIZZIAH.B@GMAIL.COM on 2007-02-01 23:10:26

Lancaster Condo-Hotels, Metro Manila, Philippines, provide resident
unit owners with more facilities than regular Condominiums. Condotel
Owners enjoy benefits and privileges of Hotel Services in a
Residential environment and earn competitive, managed, Rental Income
whilst not using their unit.

Lancaster condominiums can be purchased as either vacation homes to
buyers whom would probably only occupy the units no more than one
month per year or as investment real estate or Buy to Let Rental
Income Properties. In normal circumstances the unit owner pays
maintenance and upkeep of the unit for the entire year without
deriving any benefit. However, in a Condominium Hotel, during the time
they do not ocupy their units, they have the option to rent out their
Condo through the hotel management and receive rental income on their
property making ownership of a condotel unit an income generating
property and self-liquidating investment with hassle-free property
management as the hotel can rent out their unit with all the services
provided by day, week, or month.

For more information please visit www.lancastersuites.com