Lancaster Suites Tower I [RFO December] Studio Condo Units

Posted by Nick Niesen on November 8th, 2010

Lancaster Suites Tower I, located along Shaw Boulevard, Metro Manila, to be completed and ready for turnover during the latter part of 2007, will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

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 8%-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the current price are the interior finishing?s such as tiled & semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture?s, furnishings, air-conditioning, lighting fixtures and appliances will be available towards the time the units are closer to being completed. Monthly condo dues or maintenance fees are currently around 80 pesos/square meter of the unit floor area/month.

Prospective or existing unit buyers may avail of up to 15 year mortgages for the purchase of all Lancaster Suites Tower I Condotel units with minimum equity of 30%.

Banco De Oro (BDO) a commercial Bank in Metro Manila has just approved a buyer's financing or mortgage plans for Lancaster Suites Tower I Manila Condotel units. The new financing scheme, a first providing Philippine Mortgages to Foreign Nationals residing overseas for Condotel units in the Philippines, is now available to unit owners (Filipinos, Filipino-Americans and Foreign Nationals alike) whom are looking to purchase a Condo Hotel Suite or refinance their investments through BDO's Home Loan

Lancaster Tower I Buyers can take advantage of this offer to free up some cash as well as to finance the fit-out of their units in the condotel pool or their business set up requirements in their commercial units or purchase preconstruction units in the new Lancaster Atrium Manila Condotels

Studio Suites are also available through Bank Financing.

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for Studio Suites ranging from -Pph-403,715.00 and are available through our 'In-house' finance payable over 3-5 years with minimum 20% down payment.

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Further Information, Guidelines, Loan Application Procedures and Application Forms for the Home Loans available from Banco De Oro for Lancaster Suites Tower I Suites can be downloaded from our Website on http://www.lancastersuites.com/lancastersuites-downloads/473.html

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status.

All Lancaster Residential Suites Unit Standard Features Include:

? Vitrified ceramic tiles in living, dining areas
? Ceramic tiles in kitchen and toilet and bath
? Toilets with mechanical ventilation
? Plastered cement walls and ceilings? with painted finishes
? Provisions for split type air-conditioners

A complete interior of furniture's, furnishings and appliances package designed for Condotel unit specifications is available at additional charge for clients intending to join the Lancaster Rental Pool

You can see Exterior photos of the Lancaster Suites current development on http://www.lancastersuites.com/LancasterSuites/Album8.htm

And interior photo of the Lancaster Suites Studio & One Bedroom Suites on http://www.lancastersuites.com/LancasterSuites/Album9.htm

For Copy of the Lancaster Suites Slide Show Presentation copy and paste the following directly into your browser: http://www.lancastersuites.com/lancastersuites-gallery/index.php

For further info please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks