Newcoast, Boracay
PhP 4.9M - PhP 6.3M
Superior Deluxe (54.9 sqm.) or Royal Suites (70 sqm)
FOR SALE: Apartment / Condo / Townhouse - Aklan
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PROPERTY DESCRIPTION:
Balaihara Villatel, located inside Newcoast, Boracay where Fairways and Bluewater is also situated. Sprawling right along the golf and have access to private beach coves and the white beach of boracay. Since Boracay is a prime tourist destination, the demand for accommodation is very high with only a limited number of available accommodation which cannot satisfy the demand. With this property Investment, you can be assured of an accomodation whenever you plan to have your vacation in Boracay. Best of all unit owners of the Golf Villatel and their guests will enjoy the spaciousness and exclusivity of the Fairways and Bluewater Resort Golf and Country Club Complex with its own private beach, the paradise cove, away from intrusive croud ussually milling around the long beach area, and the very commercial atmosphere that has somehow erased the pristine splendor of the Boracay beaches.
And as a unit owner, since you will not be spending your whole year in Boracay, the Villatel will be operated as Hotel which gains you a PASSIVE income from the operation while you are away. A worry-free investment which the club will maintain and manage your unit which saves you additional cost from caretaking and maintenance.
ESCAPE TO PRISTINE AZURE HIDEAWAYS
The Balaihara Newcoast Villatel will have nine separate buildings. Each building shall house only 30 rooms with an area of wither 54.9 square meters or 70 square meters each.
BREATHE IN SPECTACULAR GREEN VIEWS
Boracay is a favorite tourists destination with over 400,000 local and international visitors arriving each year. Found in the Northwestern tip of the Panay Island in the Philippines, it boasts of crystal clear sapphire waters and powder white sands. Balaihara is located amidst the only golf course in the entire Boracay Island.
RETURN TO YOUR INVESTMENT
Buyers will have complete ownership of their units, being granted a Certificate of Condominium Title. Each unit will be immediately leased back to the developer for 15 years, and will be managed and operated as a hotel. But unit owners have the exclusive privilege to use their units for a total of 30 days per year for the 15 year period. Projected Return-on-Investment can be expected in as fast as 4-5 years depending on tourist traffic, and recurring revenues from hotel operations can be enjoyed until the 15 year contract expires. This contract is also renewable for another 15 years.
The 267-room Balaihara Newcoast Villatel is spread over nine (9) buildings. It has a total land area of 22,500 sq.m. and is along the 9th FAIRWAY of the ONLY GOLF COURSE IN BORACAY ISLAND. THE ROOM SIZES ARE 54.9 SQ.M.(Superior) AND 70 SQ.M.(Royal) which are priced P4,950,000.00 (USD $95,200.00) and P6,300,000 (USD $121,200.00) accordingly.