PROPERTY DESCRIPTION:

Own a Boracay Condotel and earn!

Did you know that BORACAY makes it again to YAHOO! Travel's TOP 10 World's Best Beaches (http://travel.yahoo.com/beaches)?

The island paradise welcomes over 400,000 local and foreign visitors each year from all over the world!

Own a Crown Regency Resort Boracay Condotel and have an opportunity to earn when you rent it out to tourists who go to Boracay. It’s only 5 minutes away from Caticlan Airport.

While you are enrolled in condotel operations, you get 45 days FREE stay (Transferrable, Valid for one year and is non-cumulative) or you can also choose to exchange it with 2,000 Interval International affiliated hotels and resorts (www.intervalworld.com) PLUS you get 7-day FREE stay at Club Ultima or any Crown Regency operated hotels nationwide annually!

You may also choose to sell the 45 45-day FREE stay / year with an option to sell or use is worth US$4,500 (Php 218,250). Based on current 4-star hotel rate in Boracay

GREAT AMENITIES:

a. Largest swimming pool in Boracay about 3,000 sqm, (Leisure pool and Performance Pool)

b. Lobby / Concierge

c. Viewing Deck

d. Function Halls (for 1,000 pax)

e. Bar Area

f. Breakfast Lounge

c. Coffee Shop

d. Commercial Area

e. Commercial Spaces for Concessionaires

f. Scenic Elevator

g. RoofDeck

Projected Net Income at
I. At 80% Occupancy Rate

320 days @ 80% occupancy = 256 days X US $100 / day = US $25,600
Deduct approx. 50% as anagement fee, taxes, incentive bonus = US $12,800 (PhP 620,800)

II. At 70% Occupancy Rate

320 days @ 70% occupancy = 224 days X US $100 / day = US $22,400
Deduct approx. 50% as anagement fee, taxes, incentive bonus = US $11,200 (PhP 543,200)

III. At 60% Occupancy Rate

320 days @ 60% occupancy = 192 days X US $100 / day = US $19,200
Deduct approx. 50% as anagement fee, taxes, incentive bonus = US $9,600 (PhP 465,600)

Price: PhP 3.3 M (US $68,000)

Floor Area: 33sqm (355.2 sqft)

Reservation Fee: Php100,00

CALL NOW!

Julie Labitag

Mobile: +639178053429

Email: [email protected]

Yahoo messenger: julier_21

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