Financial details
Pricing
Queen Suite
34m2, fully furnished and ready to rent = PHP 3,910,000.00 - circa $89,000
/ £43,500
King Suite
39m2, fully furnished and ready to rent = PHP 4,485,000.00 - circa $102,000
/ £49,500
Payment Schedule
$2000 circa £1000 reservation fee, followed
by a 30 day due diligence period
50% payable upon signing the contracts
50% balance payable upon completion and approval of the delivered unit
*
* 50% finance is also available over a 12 month period - please ask for further details
Rental
Each unit will be leased back for 15 years (you can sell at any time)
to the management hotel operators - New Coast Properties and will be included
in the rental pool. Owners will receive their rental yield on a quarterly
basis and this is expected to be 9% per annum rising to 12%. All maintenance
costs are included - a truly hassle free investment to own and enjoy. As
an owner, you are free to use your suite for 30 days per year with one
week being at peak time.
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