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MELBOURNE RESIDENCES can be purchased as a residential condo or resort homes to buyers or as
investment real estate or Buy to Let Rental Income Properties. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit.

However, in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making ownership of a condotel unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit with all services provided by day, week, or month.

What are the benefits to owning a Condotel Unit rather than other real estate investments?

Rent Revenue: Condotel units will produce rental revenues. That revenue can partially or completely offset the costs of owning and maintaining the Resort Home and give a Real estate investor good rates on return on his investments from a low 8% to a high 16% ROI per annum depending upon the purchase price and terms of payment for the Condo Hotel Unit.

Appreciation Potential: The best selling point of Condotels as investment property is the rate at which they appreciate. Especially when purchasing at the pre-construction stage of the project. The rate of appreciation throughout the Philippines is generally negative in rural areas. However, cities such as Metro Manila and Cebu see steady annual property appreciation rates depending upon locations between 7% to 12%.

The Philippines registered a net 6.5% real estate appreciation during 2009, the highest in South East Asia and preconstruction appreciation rates are much higher in 20% per annum range. Most Condotels are located specifically in areas that have seen and continue to see high appreciation rates such as Metro Manila and Mactan, Cebu.

Furthermore, it is the Condotel Properties that are seeing higher appreciation rates than traditional single family homes and condos.

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PLS CONTACT TERRIE 0927-9513838

MELBOURNE RESIDENCES can be purchased as a residential condo or resort homes to buyers or as
investment real estate or Buy to Let Rental Income Properties. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit.

However, in a Condominium Hotel, during the time they d...

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