NewswireTODAY - /newswire/ - Mandaluyong City, Metro Manila, Philippines, 2007/05/31 - Pacific Concord Properties Inc’s Lancaster Brand of Condotels in the Philippines recently launched the Residential Bare Unfinished Suites purchase option for its latest development.

PLC International Marketing Networks Overseas Sales Director, Beth Collingz, and lead Marketing Partners for PCPI’s Lancaster Brand of Condotels in the Philippines, announced Lancaster – The Atrium Tower A Residential Suites are now available as Bare Unfinished Units for clients not intending to enroll their units in the Condotel Rental Pool or whom would like to fit out their own suites to individual design.

To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II, located along Shaw Boulevard in Mandaluyong City, Metro Manila, will provide unit owners with either residential condos or Condotel units where unit owners have the option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 12-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences.

Buyers can now avail of the bare units and fit out the condos themselves and enjoy the facilities and benefits of Hotel Style Living 365 days a year” enthused Collingz.

The current selling price [effective May 25, 2007] for the Lancaster Manila Atrium Tower A Tax Exempt Basic [Bare Unfinished] Studio Units is Pesos 67,888 per sqm. The One Bedroom, Two and Three Bedroom [Bare Unfinished] Suites are priced at Pesos 76,034.56 per sqm including Government Taxes [R-Vat 12%]. Units may be purchased on a Six Year No Interest Charge Term of payment or longer term "In-House" financing plans.

All payments will be made to the Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 60-70% on turnover of units.

Agency / Source: PLC Int'l Marketing Networks

Availability: All Regions (Including Int'l)

Traffic Booster: [/] Quick NewswireToday Visibility Checker

Distribution / Indexing: [+]