ESCAPE TO PRISTINE AZURE HIDEAWAYS!!! BREATHE IN SPECTACULAR GREEN VIEWS!!!
BORACAY is a favorite tourist 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 a crystal-clear sapphire waters and powder white sands. The Balaihara Newcoast Villatel is a 267-room Villatel that is spread over nine (9) buildings. Balaihara meaning "house of king" is located amidst the only Golf Course in the entire BORACAY Island. We are actually selling a fully furnished Condominium property at a very prime tourist destination that is covered by a Condominium Certificate of Title (CCT). How does this work? First, one has to choose between the two types of units that we have (the 54.9 sq.m. which we call the SUPERIOR DE LUXE room or the 70 sq.m. which we call the PRESIDENTIAL SUITE) and buy the unit. He/she now becomes a Unit Owner. We now ask the Unit Owner to sign the LEASEBACK AGREEMENT and this will allow the MC NEWCOAST VILLATEL CORP. to run the pool of units as aHotel. What is the LEASEBACK AGREEMENT? The LEASEBACK AGREEMENT is valid for 15 years from the time a unit owner fully pays the required downpayment or upon start of Hotel Operations, whichever comes in later. During the LEASEBACK PERIOD, the unit owner is entitled the use of his/her unit or any equal unit in the Hotel pool for a total of 30 days per year. The rest of the year, we shall operate the said unit as part of the Hotel pool thereby earning them revenues year after year after year for the duration of the LEASEBACK AGREEMENT. A unit owner starts getting revenues within six months upon start of hotel operations or upon payment of the required downpayment, whichever comes in later. Based on the current occupancy rate in BORACAY and current tourist arrivals on the Island, an average of 17% per year return on investment (ROI) is PROJECTED. This projection may also vary depending on the actual rates and occupancy of the Hotel. -actual annual occupancy rate in BORACAY is 74% or 270 days -prevailing room rates US$80/day MINIMUM (others are charging over US$100) -MC NEWCOAST VILLATEL PROJECTED US$100-120/day -SHANGRILA BORACAY when operational in 2007 projects US$300-500/day After the 15-year LEASEBACK PERIOD, the unit owner may or may not renew the LEASEBACK AGREEMENT and just take full control of his/her unit. So what are you waiting for? Hurry up and take this once in a lifetime opportunity of owning a piece of tropical paradise - BORACAY!!! WE SHALL SELL ONLY NINETY (90) FULLY FURNISHED UNITS. WE MAY SELL A FEW MORE UNITS LATER AT A MUCH HIGHER PRICE. The property sells like hotcakes!!! Both local and foreign buyers are swarming into it, so hurry join the pack!!! Just e-mail me for your inquiries or if you want a copy of the INVESTMENT COMPUTATIONS & PAYMENT OPTIONS and PROJECTED ANNUAL INCOME SHARE PER UNIT. Please do me the kindness of passing this info to your friends and colleagus who might be interested in owning a condo unit in a prime tourist location in the tropical island paradise --- Philippines!!! Thank you, LEO ESTRADA [EMAIL PROTECTED] ------------------------ Yahoo! Groups Sponsor --------------------~--> Has someone you know been affected by illness or disease? Network for Good is THE place to support health awareness efforts! http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/iiEolB/TM --------------------------------------------------------------------~-> Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [email protected] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
