NOTE: Updated as of September 03, 2007

June 23, 2007 : Boracay is voted as Yahoo's Top Ten Best Beaches in the World. Details http://travel.yahoo.com/beaches

http://www.garcesrealestate.com/pMachine/more.php?id=260_0_1_0_M

An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!

How to Get to Crown Regency Resort & Convention Center:
Only 5-minute away from Caticlan Airport is the Crown Regency Welcome Center with the
staff to welcome & assist you.

Parking facilities for privately owned vehicles are available Crown Regency with its own private boat will take you to Boracay Island.
When you reach the island, private shuttle van of Crown Regency will transport unit owners
& guests within the island.

• 
  Property Owner: Boracay Multiple Properties Developers, Inc. a 100% subsidiary of J. King & Sons Co., Inc.Fuente Triangle Realty Development Corp.,AnotherThe sales and marketing behind the risingUltima Residences Towers in Metro Cebu subsidiary of J. King & Sons Co., Inc.
  • Club Ultima, Fuente Towers, Cebu
  • Crown Regency Suites in Mactan, Cebu
  • Crown Regency Residences in Guadalupe, Cebu
  • Crown Regency Residences in Davao
  • Crown Regency Hotel & Towers in Fuente Osmeña, Cebu
  • Crown Regency Hotel in Makati (October 2007)
  • Crown Regency Resort
  Station 3, Boracay Island (June 2008)
• Condotel Management:
  Crown Regency Suites Mactan, Cebu
  Crown Regency Residences-Davao
  Crown Regency Residences-Guadalupe, Cebu
  Ultima Residences
  Tower 3, Fuente Towers
  Ultima Residences
  Ramos Tower
  Club Ultima
  Tower 2, Fuente Towers
  Crown Regency Hotel & Towers
  Fuente Osmeña
  Crown Regency Hotel
  Makati
  Crown Regency Resort

• Every year each condotel unit owner gets a 45-day Free Stay at the resort in his unit or the equivalent room type. (Transferrable, Valid for one year and is non-cumulative)
  
• Plus 7-day free stay at Club Ultima or any Crown Regency operated hotels nationwide annually.
  
• Subject to 3 months prior notice before expiry, the unused 45-day free stay is convertible to same room night equivalent at any Crown Regency hotel with no expiry period.
  
• The 45-day free stay could also be exchanged with 2,000 Interval International affiliated hotels & resorts worldwide. Check the website www.intervalworld.com
  
• This unique condotel investment opportunity entitles the unit owner the added advantage of using multiple properties in any Crown
  
• Regency Hotel & 2,000 resorts worldwide - An unmatched privilege never offered by any other company in the Philippines today.
  

  Paperwork
  

  • Investors signs a purchase agreement to acquire a preferred stock share from Fuente Triangle Realty Development, Corp. representing a specific condotel unit.
  • Upon full payment of unit, investors receive a fully-paid preferred stock share certificate.
  • Preferred stock share certificate can only be resold when unit is fully paid Purchase Agreement: The condotel unit Purchase Agreement for Crown Regency Resort & Convention Center is irrevocable upon signing.
  • A reservation deposit of One Hundred Thousand Pesos (P100K) payable to Fuente Triangle Realty Development Corporation is required upon signing.
  • The balance is subject to the agreed terms of payment to be completed within thirty (30) days.
    
  • Cash Payments are also given thirty (30) days to complete.
  • Failure to meet final payment at the time agreed upon in the Purchase Agreement results to the forfeiture of the deposit made unless acceptable arrangements are agreed upon.

  PAYBACK: ( based on a T3 unit with a projected room rate of $100 per night)

  Your US $68,000 (Php 3.3M) investment gives the following returns:

  • 45 days FREE stay ( with an option to sell or use)
  • Income from a 320-Day enrolment in Condotel operations.

  	320 days @	320 days @	320 days @
  	80% occupancy=	70% occupancy =	60% occupancy =
  	256 days	224 days	192 days
  	x US $100/day	x US $100/day	x US $100/day
  	US $25,600	US $22,400	US $19,200
  	Deduct approx. 50% as	Deduct approx. 50% as	Deduct approx. 50% as
  	management fee, taxes,	management fee, taxes,	management fee, taxes,
  	incentive bonus	incentive bonus	incentive bonus
  Projected	US $ 12,800	US $ 11,200	US $ 9,600
  Net Income	(Php 620,800)	(Php 543,200)	(Php 465,600)
  Anually

  • At a very conservative assumption of 60% occupancy/year & US $ 9.600/year (Php 465,600)
  • Compared to bank deposit with a maximum of 5% interest, your US $68,000.00 (Php 3.3M) earns you only US $3,400.00(Php 165,000)/year

  Bank Deposit	VS	Condotel Enrolment
  with an estimated annual interest		with an assumption of 60% occupancy
  of 5%, gives you		and room rate of US $100/day
  US $ 3,400 (Php 165,000)		US 9,600 (Php 465,600)

  • Condotel Enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.
  • In addition to the projected net income, investors have their 45-day FREE Stay guaranteed benefit which they have the option to sell....

  45-DAY FREE STAY / year
  with an option to sell or use worth		(Based on an assumption of 4-star hotel rate
  US $4,500 ( Php 218,250)		of US $100/day in Boracay)

  • An investor can easily sell their 45-day Free Stay to travel agencies especially during peak season

  Projected Net Income Guaranteed benefit

  $9,600(Php 465,600.00) + $4,500(Php218,500)

  • An investor gets an estimated total of US $14,100 ( Php 683,850) / year
  • Investors could look forward to an estimated 5year full return of their investment while enjoying the good life in Boracay or the privileges & benefits of being a member of CLub Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.

  PROMOTION:

  • 45-DAY VACATION IS IDEAL FOR FOREIGNERS WHO WISH TO STAY WARMTH & ENJOY THE TROPICS WHEN THEIR COUNTRY IS EXPERIENCING WINTER SEASON.
  • CONDO UNITS WILL BE AVAILABLE IN CLUSTERS 6 OR 8 WITH ONE COMMON COURTYARD FOR GROUP ACTIVITIES. IDEAL FOR LARGE FAMILY OR FRIENDS.
  • INVESTORS CAN LIKEWISE RECOMMEND THEIR FRIENDS TO BUY UNITS IN THEIR CLUSTERS SO THEY CAN HAVE THEIR VACATION TOGETHER OR TAKE TURNS OF USING THE UNITS FOR THEIR OWN FAMILY VACATION ON DIFFERENT SEASONS.

  PAPERWORKS :

  • Investors will sign an investment agreement to purchase a stock share from Boracay Multiple Properties Developers, Inc. equivalent to one specific condotel unit
  • When payment is fully paid, investors will receive a stock share ownership certificate
  • Stock share ownership can only be resold whne fully paid.
  • No capital gains tax involved.
    

  FREQUENTLY ASKED QUESTIONS:

  Q. ARE THERE OTHER EXPENSES TO BE PAID BY THE UNIT OWNER UPON ENROLLMENT IN THE CONDOTEL OPERATIONS?

  A. A joining fee is required to be paid by the unit owners upon enrollment to condotel operations. The joining fee will be determined later by the operator. Unit owner will still have to pay for other amenities and other services

  Q. WHO WILL OPERATE THE CONDOTEL UPON COMMERCIALIZATION?

  A. Condotel will be managed by the Crown Regency Hotel Chain

  Q. HOW DOES THE CONDOTEL OPERATE?

  A. The condotel will generally operate like a resort hotel. Individual owners may use their condotel units for 45 days every year if their unit is enrolled under rental pooling. If the usage will exceed 45 days, they willhave to pay the member's rate (30% discount from regular rate). Owners who do not choose t enroll their units under condotel operations may use their units as a vacation home or for residential purpose.

  Q. IF THE UNIT OWNER DECIDES NOT TO ENROLL HIS UNIT UNDER THE CONDOTEL OPERATIONS, WILL THE UNIT OWNER BE CHARGED OF ASSOCIATION DUES?

  A. Yes, the unit owner will be charged with monthly association dues & maintenance fees will be determined later by the operator.

  Q. ARE THERE ASSOCIATION DUES FOR THE UNIT OWNERS WHO ENROLLED IN CONDOTEL OPERATIONS/

  A. There are NO association dues for units enrolled under cndotel operations.

  Q.WHAT IF THE UNIT OWNER WAS NOT ABLE TO USE THE 45-DAY BENEFIT?

  A. The 45-day benefit has an expiry of one-year. The 45-day free stay can be converted to Free stay privilege certificates at any of the Crown Regency hotel chain of properties & other off-site facilities with no expiry period on a one to one room night value. He can also enroll it at Interval International or sell it to his friends.

  Q. ARE REPAIRS SHOULDERED BY THE CONDOTEL OPERATORS?

  A. Only minor repairs shall be shouldered by the condotel operator.

  Q. WHAT IS THE MINIMUM PERIOD OF THE CONDOTEL ENROLLMENT?

  A. Upon turnover of your unit, the unit owner may immediately enroll with the operator. The minimum period you can have your unit enrolled is three(3) years.

  Q. HOW DOES THE CONDOTEL OPERATION DIFFER FROM TIMESHARES?

  A. In timeshare, you only exercise a right to use the property for a certain period of time. When you own a unit in Boracay Multiple Properties Developers, Inc.(BPDI), you own a share in the company wherein your share is represented by a specific numbered unit. Your ownership of a share evidenced by a stock certificate makes you a unit owner and a shareholder of BMPDI.

  Location :	, Boracay, Aklan
  Price Range :	P 3,300,000 to P 8,300,000 Convert : P 3,300,000 to P 8,300,000
  Payment Terms :	JULY 10, 2007 NOTE : ADVISING EVERYBODY TO TREAT THE PRICES BELOW AS TEMPORARY. JUST THIS 11AM, THERE WAS ANOTHER NEW SET OF PRICING FTRDC HAS RELEASED. PLS COORDINATE WITH US FOR PROPER PRESENTATION. NEW PRICES (IF THERE'S ANY) SHALL BE UPLOADED A.S.A.P. SIGNED: ED GARCES MEMBERS CAN ENJOY P 300,000.00 DISCOUNT!!! Pricing Unit T2 Unit T3 Unit T4 Unit T4A (Pool View) (Garden View) (Pool View) (Pool View) 59 sqm w/ loft 33.5 to 34.5 sqm 33.5 to 34.5 sqm 41.5 sqm. 100% Cash Php 7.5 M Php 3.3 M Php 3.7 M Php 4.5 M 50%DP-50%(12 mo. Installment) Php 7.6 M Php 3.4 M Php 3.8 M Php 4.6 M 40%DP-60%(12 mo. Installment) Php 7.7 M Php 3.5 M Php 3.9 M Php 4.7 M 30%DP-70%(12 mo. Installment) Php 7.8 M Php 3.6 M Php 4.0 M Php 4.8 M 20%DP-80%(12 mo. Installment) Php 7.9 M Php 3.7 M Php 4.1 M Php 4.9 M 10%DP-90%(12 mo. Installment) Php 8.0 M Php 3.8 M Php 4.2 M Php 5.0 M No DP-12 mo. Installment Php 8.1 M Php 3.9 M Php 4.3 M Php 5.1 M 10%DP-90%(15 mo. Installment) Php 8.2M Php 4.0 M Php 4.4 M Php 5.2 M 10%DP-90%(18 mo. Installment) Php 8.3M Php 4.1 M Php 4.5 M Php 5.3 M 10%DP-90%(24 mo. Installment) Php 8.4M Php 4.2 M Php 4.6 M Php 5.4 M 10%DP-90%(30 mo. Installment) Php 8.5M Php 4.3 M Php 4.7 M Php 5.5 M   Note : Existing Club Ultima members get a Php 300,000.00 discount from the existing price. Discount applies only on one(1) unit. Members with one(1) room night privilege must upgrade to seven (7) room night privilege to avail of the membership price. For non-members, price includes CLub Ultima membership with 7 FREE room nights with option to enroll with Interval International, subject to payment of regular charges imposed by Interval International. Foreign currencies are accepted at a lock-up value of minus one peso of the prevailing exchange rate. If hotel opens before payment is complete: For 15 mo. Installment scheme gets 50% share of profit For 18 mo. Installment shceme gets 40% share of profit For 24 mo. Installment shceme gets 30% share of profit For 30 mo. Installment shceme gets 20% share of profit - All checks should be made payable to Fuente Triangle Development Corp. - Full profit of investors starts when investment is fully paid. - For every 40 investment sold, an additional of 5% increase in the above prices - Reservation deposits are non-refundable
  Floor Area :	34.00 sq. m.

  Hold on, as previously stated above : There will be a SIGNING BONUS of an additional 45 days FREE stay (first year only) if you will pay CASH - AN OUTRIGHT PAYMENT.

  This 45 days is on top of the original 45 days you are getting regardless of payment terms for a total of 90days vacation time on the first year. However, please note that the second 45 days shall only apply to areas where Club Ultima or Crown Regency hotel are located and Boracay is not included.

  Construction schedule commence hopefully, if their is no changes on June 2007 and the target approximate completion date will be on June or July 2008. (May 22, 2007 Update : Launching on first week of July 2007. Construction commence hopefully on Sept 2007 and not June 2007 because of government regulatory requirements which needs to be processed. Construction is 1 year).