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- ₱4,000,000
- Apartment / Flat
- For Sale
- Aklan
Philippines
CHECK IF AVAILABLE
CHECK IF AVAILABLE
Enjoy 45
Days Vacation at Boracay For Free Per Year - but still EARN at least 20% ROI per year!
EFFECTIVE October 1, 2007, there
will be a new price.
NOTE: Updated as of September 12, 2007
June 23, 2007 : Boracay is voted as s Top Ten Best
Beaches in the World. Details travel. /beaches
Boracay Island makes list of world s best beaches The Manila Times,
June 19, 2007.Click to view the details :
.garcesrealestate /pMachine/more p?id=260_0_1_0_M
An Investment
Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!
An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN
OWNERSHIP ALLOWED!
A PERFECT GATEAWAY AND A WISE INVESTMENT.
Brief background on Boracay:
Boracay is a
tropical island conveniently located at the northwestern tip of the province of Aklan.
It is a coral island with a
total land area of 1,083 hectares. It is 7 kilometers long, 0.5 km. at its narrowest and 2.0 km. at its widest. Laced with a
beautiful stretch of beach 4 km long that is known for its powdery white sand unequalled not only in the Philippines but
anywhere else in the world. Boracay is composed of 3 barangays of the Municipality of Malay. With a local population of about
13,000 whose main source of livelihood is tourism. The island was declared a tourist zone in 1978 and tourism development has
expanded rapidly since then.
Boracay is the Philippine s major tourist destination. Tourist arrivals in 2005 was
499,457. The average yearly increase from 1998 to 2005 was about 20%. Local tourists accounted for 69% of arrivals in 2005
while foreign tourists consisted of 31% of arrivals. The influx of foreign tourist manifests an increasing trend since 2003,
with Koreans registering the single largest nationality that visited the island, accounting for 65% of foreign
tourists.
Getting to Boracay Plane ( PAL, Cebu Pacific Air, Asian Spirit & SEAIR)
Travel by air via Kalibo /
Caticlan is the fastest way to go Boracay from Manila or Cebu.
Asian Spirit & SEAIR has more than 45x flights daily
from Manila to Caticlan and other routes.
PAL & Cebu Pacific Air each has 3x flights daily via Kalibo
Soon Air Phil
and Cebu Pacific will fly the Manila to Caticlan air route
Travel time by air is 35 minutes
Sea Ferry
Land
Via Dumaguit thru Negros Navigation and WGA Superferry. Travel time is about 12 hours, however,upon reaching
Dumaguit, you still have to travel about 1 ½ to 2hours by land before reachingCaticlan jetty port.
LAND
The
cheapest way to Boracay is the roll on roll off (RORO) trips to Panay Island. Daily Philtranco aircon or non-aircon buses
leave to Panay via Caticlan. From Manila via bus to Batangas pier, travel time is about 2hrs to 3hrs depending on the
traffic. Batangas to Calapan by boat takes 2 hours, another 2 hours by bus from Calapan to Roxas pier, then 4 hours by boat
from Roxas pier to Caticlan jetty port.
Proposal:
We are offering investors a unique investment
proposal:
Opportunity to own a piece of tropical paradise in premier vacation capital of the Philippines through
acquisition of a preferred stock share ownership representing a specific condotel unit
Condotel Unit ownership with
Club Ultima membership
Hotel room nights privileges in any Crown Regency chain of hotels nationwide: Cebu, Davao, Makati,
Mactan, Boracay
Access to world class facilities through Interval International hotel exchange of more than 2,000 hotels
and resorts, worldwide ( .intervalworld )
Guaranteed 45 days free nights per year accommodation even during peak
season (with priority booking as unit owner)
Guaranteed substantial returns on investment through condotel
operation
Why Invest?
Boracay Multiple Properties Developers, Inc.,
The Nine (9) P s
1. Proposal
2.
Project
3. Proponent
4. Product
5. Pricing
6.Privileges
7. Payback
8. Promotion
9.
Paperwork
PROJECT :
Name: Crown Regency Resort & Con vention Center (Construction starts November, 2007)
Area : 382-room resort condotel with an approximate area of 12,000 sq.m.
Location: Only a 3-minute leisure
walk (5-meter wide brick flooring) to the Station 2 Beach
• Located in Barangay Balabag along the main road of Central
Boracay
• Only 5-minute walk to Bolabog Beach
• Safe, located near Boracay Police & Coast Guard station
Located
in Barangay Balabag along the main road of Central Boracay• Only 5-minute walk to Bolabog Beach• Safe, located near Boracay
Police & Coast Guard station
Structure: Three and a half-storey high.
Guests will have access to the best
facilities
•The largest swimming pool in Boracay (2,500 sq.m.) 1,200 pax capacity Convention Center
• Mermaid
Performance Pool
How to Get to Crown Regency Resort & Convention Center:
Only 5-minute away from Caticlan
Airport is the Crown Regency Welcome Center with the staff to welcome & assist you.
Parking facilities for privately
owned vehicles are available Crown Regency with its own private boat will take you to Boracay Island.
When you reach the
island, private shuttle van of Crown Regency will transport unit owners & guests within the island.
Property Owner:
Boracay Multiple Properties Developers, Inc. a 100% subsidiary of J. King & Sons Co., Inc.Fuente Triangle Realty Development
Corp.,AnotherThe sales and marketing behind the risingUltima Residences Towers in Metro Cebu subsidiary of J. King & Sons
Co., Inc.
• Club Ultima, Fuente Towers, Cebu
• Crown Regency Suites in Mactan, Cebu
• Crown Regency Residences in
Guadalupe, Cebu
• Crown Regency Residences in Davao
• Crown Regency Hotel & Towers in Fuente Osmeña, Cebu
•
Crown Regency Hotel in Makati (October 2007)
• Crown Regency Resort
Station 3, Boracay Island (June 2008)
Condotel
Management:
Crown Regency Suites Mactan, Cebu
Crown Regency Residences-Davao
Crown Regency Residences-Guadalupe,
Cebu
Ultima Residences
Tower 3, Fuente Towers
Ultima Residences
Ramos Tower
Club Ultima
Tower 2, Fuente
Towers
Crown Regency Hotel & Towers
Fuente Osmeña
Crown Regency Hotel
Makati
Crown Regency
Resort
Privileges
In order to give maximum benefits to the investors, the privileges in
owning a unit
are:
Every year each condotel unit owner gets a 45-day Free Stay at the resort in his unit or the equivalent room
type. (Transferrable, Valid for one year and is non-cumulative)
Plus 7-day free stay at Club Ultima or any Crown
Regency operated hotels nationwide annually.
Subject to 3 months prior notice before expiry, the unused 45-day free
stay is convertible to same room night equivalent at any Crown Regency hotel with no expiry period.
The 45-day free
stay could also be exchanged with 2,000 Interval International affiliated hotels & resorts worldwide. Check the
intervalworld
This unique condotel investment opportunity entitles the unit owner the added advantage of using
multiple properties in any Crown
Regency Hotel & 2,000 resorts worldwide - An unmatched privilege never offered by any
other company in the Philippines today.
Paperwork
Investors signs a purchase agreement to acquire a
preferred stock share from Fuente Triangle Realty Development, Corp. representing a specific condotel unit.
Upon full
payment of unit, investors receive a fully-paid preferred stock share certificate.
Preferred stock share certificate can
only be resold when unit is fully paid Purchase Agreement: The condotel unit Purchase Agreement for Crown Regency Resort &
Convention Center is irrevocable upon signing.
A reservation deposit of One Hundred Thousand Pesos (P100K) payable to
Fuente Triangle Realty Development Corporation is required upon signing.
The balance is subject to the agreed terms of
payment to be completed within thirty (30) days.
Cash Payments are also given thirty (30) days to complete.
Failure to
meet final payment at the time agreed upon in the Purchase Agreement results to the forfeiture of the deposit made unless
acceptable arrangements are agreed upon.
PAYBACK: ( based on a T3 unit with a projected room rate of $100 per night)
Your US $68,000 (Php 3.3M) investment gives the following returns:
45 days FREE stay ( with an option to sell
or use)
Income from a 320-Day enrolment in Condotel operations.
320 days 320 days 320 days
80%
occupancy= 70% occupancy = 60% occupancy =
256 days 224 days 192 days
x US $100/day x US $100/day x US $100/day
US $25,600 US $22,400 US $19,200
Deduct approx. 50% as Deduct approx. 50% as Deduct approx. 50%
as
management fee, taxes, management fee, taxes, management fee, taxes,
incentive bonus incentive bonus
incentive bonus
Projected US $ 12,800 US $ 11,200 US $ 9,600
Net Income (Php 620,800) (Php 543,200) (Php
465,600)
Anually
At a very conservative assumption of 60% occupancy/year & US $ 9.600/year (Php 465,600)
Compared to bank deposit with a maximum of 5% interest, your US $68,000.00 (Php 3.3M) earns you only US $3,400.00(Php
165,000)/year
Bank Deposit VS Condotel Enrolment
with an estimated annual interest with an assumption of 60% occupancy
of 5%, gives you and room rate of US $100/day
US $ 3,400 (Php 165,000)
US 9,600 (Php 465,600)
Condotel Enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.
In addition to the
projected net income, investors have their 45-day FREE Stay guaranteed benefit which they have the option to sell....
45-
DAY FREE STAY / year
with an option to sell or use worth (Based on an assumption of 4-star hotel rate
US $4,500 (
Php 218,250) of US $100/day in Boracay)
An investor can easily sell their 45-day Free Stay to travel agencies
especially during peak season
Projected Net Income Guaranteed benefit
$9,600(Php 465,600.00) + $4,500(Php218,500)
An investor gets an estimated total of US $14,100 ( Php 683,850) / year
Investors could look forward to an
estimated 5year full return of their investment while enjoying the good life in Boracay or the privileges & benefits of being
a member of CLub Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.
PROMOTION:
45
-DAY VACATION IS IDEAL FOR FOREIGNERS WHO WISH TO STAY WARMTH & ENJOY THE TROPICS WHEN THEIR COUNTRY IS EXPERIENCING WINTER
SEASON.
CONDO UNITS WILL BE AVAILABLE IN CLUSTERS 6 OR 8 WITH ONE COMMON COURTYARD FOR GROUP ACTIVITIES. IDEAL FOR LARGE
FAMILY OR FRIENDS.
INVESTORS CAN LIKEWISE RECOMMEND THEIR FRIENDS TO BUY UNITS IN THEIR CLUSTERS SO THEY CAN HAVE THEIR
VACATION TOGETHER OR TAKE TURNS OF USING THE UNITS FOR THEIR OWN FAMILY VACATION ON DIFFERENT SEASONS.
PAPERWORKS
:
Investors will sign an investment agreement to purchase a stock share from Boracay Multiple Properties Developers,
Inc. equivalent to one specific condotel unit
When payment is fully paid, investors will receive a stock share ownership
certificate
Stock share ownership can only be resold whne fully paid.
No capital gains tax involved.
FREQUENTLY
ASKED QUESTIONS:
Q. ARE THERE OTHER EXPENSES TO BE PAID BY THE UNIT OWNER UPON ENROLLMENT IN THE CONDOTEL OPERATIONS?
A. A joining fee is required to be paid by the unit owners upon enrollment to condotel operations. The joining fee
will be determined later by the operator. Unit owner will still have to pay for other amenities and other services
Q.
WHO WILL OPERATE THE CONDOTEL UPON COMMERCIALIZATION?
A. Condotel will be managed by the Crown Regency Hotel
Chain
Q. HOW DOES THE CONDOTEL OPERATE?
A. The condotel will generally operate like a resort hotel. Individual
owners may use their condotel units for 45 days every year if their unit is enrolled under rental pooling. If the usage will
exceed 45 days, they willhave to pay the member s rate (30% discount from regular rate). Owners who do not choose t enroll
their units under condotel operations may use their units as a vacation home or for residential purpose.
Q. IF THE
UNIT OWNER DECIDES NOT TO ENROLL HIS UNIT UNDER THE CONDOTEL OPERATIONS, WILL THE UNIT OWNER BE CHARGED OF ASSOCIATION DUES?
A. Yes, the unit owner will be charged with monthly association dues & maintenance fees will be determined later by
the operator.
Q. ARE THERE ASSOCIATION DUES FOR THE UNIT OWNERS WHO ENROLLED IN CONDOTEL OPERATIONS/
A. There
are NO association dues for units enrolled under cndotel operations.
Q.WHAT IF THE UNIT OWNER WAS NOT ABLE TO USE THE
45-DAY BENEFIT?
A. The 45-day benefit has an expiry of one-year. The 45-day free stay can be converted to Free stay
privilege certificates at any of the Crown Regency hotel chain of properties & other off-site facilities with no expiry
period on a one to one room night value. He can also enroll it at Interval International or sell it to his friends.
Q.
ARE REPAIRS SHOULDERED BY THE CONDOTEL OPERATORS?
A. Only minor repairs shall be shouldered by the condotel
operator.
Q. WHAT IS THE MINIMUM PERIOD OF THE CONDOTEL ENROLLMENT?
A. Upon turnover of your unit, the unit
owner may immediately enroll with the operator. The minimum period you can have your unit enrolled is three(3)
years.
Q. HOW DOES THE CONDOTEL OPERATION DIFFER FROM TIMESHARES?
A. In timeshare, you only exercise a right to
use the property for a certain period of time. When you own a unit in Boracay Multiple Properties Developers, Inc.(BPDI), you
own a share in the company wherein your share is represented by a specific numbered unit. Your ownership of a share evidenced
by a stock certificate makes you a unit owner and a shareholder of BMPDI.
Location : , Boracay, Aklan
Price Range
: P 4,000,000 to P 8,000,000
Convert : P 4,000,000 to P 8,000,000
Payment Terms :
JULY 10, 2007 NOTE :
ADVISING EVERYBODY TO TREAT THE PRICES BELOW AS TEMPORARY. JUST THIS 11AM, THERE WAS ANOTHER NEW SET OF PRICING FTRDC HAS
RELEASED. PLS COORDINATE WITH US FOR PROPER PRESENTATION. NEW PRICES (IF THERE S ANY) SHALL BE UPLOADED
A.S.A.P.
SIGNED:
ED GARCES
MEMBERS CAN ENJOY P 300,000.00 DISCOUNT!!!
NOTE: PRICE BELOW
IS UNTIL SEPTEMBER 30, 2007
Pricing Unit T1 Unit T3 Unit T4 Unit T4A
Ground 2nd & 3rd Floor 2nd & 3rd Floor
2nd & 3rd Floor
(Garden View) (Garden View) (Pool View) (Pool View)
57.5 sq.m. with loft 33.5 to 34.5 sq.m. 33.5 to
34.5 sq.m. 41.5 sq.m.
100% Cash Php 6.9 M Php 3.3 M Php 3.7 M Php 4.5 M
50%DP-50%(12 mo. Installment) Php 7.0 M Php
3.4 M Php 3.8 M Php 4.6 M
40%DP-60%(12 mo. Installment) Php 7.1 M Php 3.5 M Php 3.9 M Php 4.7 M
30%DP-70%(12 mo.
Installment) Php 7.2 M Php 3.6 M Php 4.0 M Php 4.8 M
20%DP-80%(12 mo. Installment) Php 7.3 M Php 3.7 M Php 4.1 M Php 4.9
M
10%DP-90%(12 mo. Installment) Php 7.4 M Php 3.8 M Php 4.2 M Php 5.0 M
No DP-12 mo. Installment Php 7.5 M Php 3.9 M
Php 4.3 M Php 5.1 M
10%DP-90%(15 mo. Installment) Php 7.6 M Php 4.0 M Php 4.4 M Php 5.2 M
10%DP-90%(18 mo.
Installment) Php 7.7 M Php 4.1 M Php 4.5 M Php 5.3 M
10%DP-90%(24 mo. Installment) Php 7.8 M Php 4.2 M Php 4.6 M Php 5.4
M
10%DP-90%(30 mo. Installment) Php 7.9 M Php 4.3 M Php 4.7 M Php 5.5 M
If hotel opens
before payment is complete:
For 15 mo. Installment scheme gets 50% share of profit
For
18 mo. Installment scheme gets 40% share of profit
For 24 mo. Installment scheme gets 30% share of profit
For 30 mo. Installment scheme gets 20% share of profit
NOTE: NEW PRICE
EFFECTIVE OCTOBER 1, 2007
1. ) Pricing (Cash Payment)
Unit T1
Ground
(Garden View)
57.5 sq.m. w/ Loft
Unit T2
Ground
(Pool View)
59 sq.m. w/ Lo
Unit T3
2nd & 3rd Floor
(Garden
View)
33.5 to 34.5 sq.m
Unit T4
2nd & 3rd Floor (Pool View)
33.5 to 34.5 sq.m.
Unit T4A
2nd & 3rd
Floor
(Pool View)
41.5 sq.m.
Php 7.5M
Php 8.0M
Php 4.0M
Php 4.2M
Php 4.8M
Cash
Payment
Php 6.9M
Php 7.5M
Php 3.5M
Php 3.7M
Php 4.5M
2.) Pricing (With Downpayment)
Unit T1
Ground
(Garden View)
57.5sq.m. w/ Loft
Unit T2
Ground
(Pool View)
59 sq.m. w/ Loft
Unit T3
2nd & 3rd Floor
(Garden View)
33.5 to 34.5 sq.m.
Unit T4
2nd & 3rd Floor
(Pool View)
33.5 to
34.5 sq.m.
Unit T4A
2nd & 3rd Floor
(Pool View)
41.5 sq.m.
Php 7.5M
Php 8.0M
Php 4.0M
Php 4.2M
Php 4.8M
S
Downpayment to Condotel
Monthly Installments
S
Downpayment to Condotel
Monthly Installments
Retention Amount Upon Start of
Operation
C
H
50%
50% balance in equal 48 monthly installments
C
H
30%
40% balance in equal 48 monthly installments
30%
E
M
40%
60% balance in equal 48 monthly
installments
E
M
30%
50% balance in equal 48 monthly installments
20%
E
1
30%
70% balance in equal 48 monthly installments
E
2
30%
60% balance in equal 48
monthly installments
10%
3. Pricing (No Downpayment)
Unit Type
Price
Reservation Fee
(non-refundable)
Balance
Monthly Amortization
Retention Fee
Unit T1
Ground
(Garden View)
57.5 sq.m. w/ Loft
Php 7.5 M
Php 100,000.00
Php 7,400,000.00
Php
120,000.00 x 48 months
(Php 5,760,000.00
Php 1,640,000.00
Unit T2
Ground
(Pool View)
59 sq.m. w/
Loft
Php 8.0 M
Php 100,000.00
Php 7,900,000.00
Php 120,000.00 x 48 months
(Php
5,760,000.00
Php 2,140,000.00
Unit T3
2nd & 3rd Floor
(Garden View)
33.5 to 34.5 sq.m. w/ Loft
Php 4.0 M
Php 100,000.00
Php 3,900,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,020,000.00
Unit T4
2nd & 3rd Floor
(Pool View)
33.5 to 34.5 sq.m. w/ Loft
Php 4.2 M
Php 100,000.00
Php 4,100,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,220,000.00
Unit T4A
2nd & 3rd Floor
(Pool View)
41.5 sq.m. w/ Loft
Php 4.8 M
Php 100,000.00
Php 4,700,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,820,000.00
Note
:
Existing Club Ultima membership get a Php 300,000.00 discount from the exsiting price. Discount applies only to one
(1) Unit. Members with one(1) room night privilege must upgrade to seven (7) room night privileges to avail of the member s
price.
For non-members, price includes CLub Ultima membership with 7 FREE room nights with option to enroll with
Interval International, subject to payment of regular charges imposed by Interval International.
Foreign currencies
are accepted at a lock-up value of minus ONE PESO (Php1.00) of the prevailing exchange
rate.
NOTE:
Reservation deposit of Php 100,000.00 is part of the downpayment amount;
If downpayment is
paid outright, less 7% discount based on the Downpayment Amount;
If the downpayment is paid within 30 days, less 5%
discount based on the downpayment amount;
Downpayment can be paid in 3 months, 6 months, 9 months or 12 months;
For
downpayment payable in 9 or 12 months, the monthly amortization starts on the 7th month;
All retention payables should be
covered by blank dated checks. Six(6) months prior to the start of the condotel operation, buyers will be informed that the
blank dated checks will be deposited.
For buyers with unpaid balances at the start of condotel operations will only
receive 70% dividends due until purchase amount of unit is fully paid.
All checks should be made payable to Fuente
Triangle Realty Development Corporation
Full profit of Investors starts when investment is fully paid
Reservation
deposit of ONE HUNDRED THOUSAND PESOS (Php 100,000.00) is non-refundable.
Cash paying Investors will be given first
priority in choosing Units and a 45-day FREE stay at any Crown Regency Hotel as signing bonus.
Floor
Area : 34.00 sq. m.
Hold on, as previously stated above : There will be a SIGNING BONUS of an additional 45 days FREE
stay (first year only) if you will pay CASH - AN OUTRIGHT PAYMENT.
This 45 days is on top of the original 45 days you are
getting regardless of payment terms for a total of 90days vacation time on the first year. However, please note that the
second 45 days shall only apply to areas where Club Ultima or Crown Regency hotel are located and Boracay is not included.
Construction schedule commence hopefully, if their is no changes on June 2007 and the target approximate completion
date will be on June or July 2008. (May 22, 2007 Update : Launching on first week of July 2007. Construction commence
hopefully on Sept 2007 and not June 2007 because of government regulatory requirements which needs to be processed.
Construction is 1 year).
Days Vacation at Boracay For Free Per Year - but still EARN at least 20% ROI per year!
EFFECTIVE October 1, 2007, there
will be a new price.
NOTE: Updated as of September 12, 2007
June 23, 2007 : Boracay is voted as s Top Ten Best
Beaches in the World. Details travel. /beaches
Boracay Island makes list of world s best beaches The Manila Times,
June 19, 2007.Click to view the details :
.garcesrealestate /pMachine/more p?id=260_0_1_0_M
An Investment
Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!
An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN
OWNERSHIP ALLOWED!
A PERFECT GATEAWAY AND A WISE INVESTMENT.
Brief background on Boracay:
Boracay is a
tropical island conveniently located at the northwestern tip of the province of Aklan.
It is a coral island with a
total land area of 1,083 hectares. It is 7 kilometers long, 0.5 km. at its narrowest and 2.0 km. at its widest. Laced with a
beautiful stretch of beach 4 km long that is known for its powdery white sand unequalled not only in the Philippines but
anywhere else in the world. Boracay is composed of 3 barangays of the Municipality of Malay. With a local population of about
13,000 whose main source of livelihood is tourism. The island was declared a tourist zone in 1978 and tourism development has
expanded rapidly since then.
Boracay is the Philippine s major tourist destination. Tourist arrivals in 2005 was
499,457. The average yearly increase from 1998 to 2005 was about 20%. Local tourists accounted for 69% of arrivals in 2005
while foreign tourists consisted of 31% of arrivals. The influx of foreign tourist manifests an increasing trend since 2003,
with Koreans registering the single largest nationality that visited the island, accounting for 65% of foreign
tourists.
Getting to Boracay Plane ( PAL, Cebu Pacific Air, Asian Spirit & SEAIR)
Travel by air via Kalibo /
Caticlan is the fastest way to go Boracay from Manila or Cebu.
Asian Spirit & SEAIR has more than 45x flights daily
from Manila to Caticlan and other routes.
PAL & Cebu Pacific Air each has 3x flights daily via Kalibo
Soon Air Phil
and Cebu Pacific will fly the Manila to Caticlan air route
Travel time by air is 35 minutes
Sea Ferry
Land
Via Dumaguit thru Negros Navigation and WGA Superferry. Travel time is about 12 hours, however,upon reaching
Dumaguit, you still have to travel about 1 ½ to 2hours by land before reachingCaticlan jetty port.
LAND
The
cheapest way to Boracay is the roll on roll off (RORO) trips to Panay Island. Daily Philtranco aircon or non-aircon buses
leave to Panay via Caticlan. From Manila via bus to Batangas pier, travel time is about 2hrs to 3hrs depending on the
traffic. Batangas to Calapan by boat takes 2 hours, another 2 hours by bus from Calapan to Roxas pier, then 4 hours by boat
from Roxas pier to Caticlan jetty port.
Proposal:
We are offering investors a unique investment
proposal:
Opportunity to own a piece of tropical paradise in premier vacation capital of the Philippines through
acquisition of a preferred stock share ownership representing a specific condotel unit
Condotel Unit ownership with
Club Ultima membership
Hotel room nights privileges in any Crown Regency chain of hotels nationwide: Cebu, Davao, Makati,
Mactan, Boracay
Access to world class facilities through Interval International hotel exchange of more than 2,000 hotels
and resorts, worldwide ( .intervalworld )
Guaranteed 45 days free nights per year accommodation even during peak
season (with priority booking as unit owner)
Guaranteed substantial returns on investment through condotel
operation
Why Invest?
Boracay Multiple Properties Developers, Inc.,
The Nine (9) P s
1. Proposal
2.
Project
3. Proponent
4. Product
5. Pricing
6.Privileges
7. Payback
8. Promotion
9.
Paperwork
PROJECT :
Name: Crown Regency Resort & Con vention Center (Construction starts November, 2007)
Area : 382-room resort condotel with an approximate area of 12,000 sq.m.
Location: Only a 3-minute leisure
walk (5-meter wide brick flooring) to the Station 2 Beach
• Located in Barangay Balabag along the main road of Central
Boracay
• Only 5-minute walk to Bolabog Beach
• Safe, located near Boracay Police & Coast Guard station
Located
in Barangay Balabag along the main road of Central Boracay• Only 5-minute walk to Bolabog Beach• Safe, located near Boracay
Police & Coast Guard station
Structure: Three and a half-storey high.
Guests will have access to the best
facilities
•The largest swimming pool in Boracay (2,500 sq.m.) 1,200 pax capacity Convention Center
• Mermaid
Performance Pool
How to Get to Crown Regency Resort & Convention Center:
Only 5-minute away from Caticlan
Airport is the Crown Regency Welcome Center with the staff to welcome & assist you.
Parking facilities for privately
owned vehicles are available Crown Regency with its own private boat will take you to Boracay Island.
When you reach the
island, private shuttle van of Crown Regency will transport unit owners & guests within the island.
Property Owner:
Boracay Multiple Properties Developers, Inc. a 100% subsidiary of J. King & Sons Co., Inc.Fuente Triangle Realty Development
Corp.,AnotherThe sales and marketing behind the risingUltima Residences Towers in Metro Cebu subsidiary of J. King & Sons
Co., Inc.
• Club Ultima, Fuente Towers, Cebu
• Crown Regency Suites in Mactan, Cebu
• Crown Regency Residences in
Guadalupe, Cebu
• Crown Regency Residences in Davao
• Crown Regency Hotel & Towers in Fuente Osmeña, Cebu
•
Crown Regency Hotel in Makati (October 2007)
• Crown Regency Resort
Station 3, Boracay Island (June 2008)
Condotel
Management:
Crown Regency Suites Mactan, Cebu
Crown Regency Residences-Davao
Crown Regency Residences-Guadalupe,
Cebu
Ultima Residences
Tower 3, Fuente Towers
Ultima Residences
Ramos Tower
Club Ultima
Tower 2, Fuente
Towers
Crown Regency Hotel & Towers
Fuente Osmeña
Crown Regency Hotel
Makati
Crown Regency
Resort
Privileges
In order to give maximum benefits to the investors, the privileges in
owning a unit
are:
Every year each condotel unit owner gets a 45-day Free Stay at the resort in his unit or the equivalent room
type. (Transferrable, Valid for one year and is non-cumulative)
Plus 7-day free stay at Club Ultima or any Crown
Regency operated hotels nationwide annually.
Subject to 3 months prior notice before expiry, the unused 45-day free
stay is convertible to same room night equivalent at any Crown Regency hotel with no expiry period.
The 45-day free
stay could also be exchanged with 2,000 Interval International affiliated hotels & resorts worldwide. Check the
intervalworld
This unique condotel investment opportunity entitles the unit owner the added advantage of using
multiple properties in any Crown
Regency Hotel & 2,000 resorts worldwide - An unmatched privilege never offered by any
other company in the Philippines today.
Paperwork
Investors signs a purchase agreement to acquire a
preferred stock share from Fuente Triangle Realty Development, Corp. representing a specific condotel unit.
Upon full
payment of unit, investors receive a fully-paid preferred stock share certificate.
Preferred stock share certificate can
only be resold when unit is fully paid Purchase Agreement: The condotel unit Purchase Agreement for Crown Regency Resort &
Convention Center is irrevocable upon signing.
A reservation deposit of One Hundred Thousand Pesos (P100K) payable to
Fuente Triangle Realty Development Corporation is required upon signing.
The balance is subject to the agreed terms of
payment to be completed within thirty (30) days.
Cash Payments are also given thirty (30) days to complete.
Failure to
meet final payment at the time agreed upon in the Purchase Agreement results to the forfeiture of the deposit made unless
acceptable arrangements are agreed upon.
PAYBACK: ( based on a T3 unit with a projected room rate of $100 per night)
Your US $68,000 (Php 3.3M) investment gives the following returns:
45 days FREE stay ( with an option to sell
or use)
Income from a 320-Day enrolment in Condotel operations.
320 days 320 days 320 days
80%
occupancy= 70% occupancy = 60% occupancy =
256 days 224 days 192 days
x US $100/day x US $100/day x US $100/day
US $25,600 US $22,400 US $19,200
Deduct approx. 50% as Deduct approx. 50% as Deduct approx. 50%
as
management fee, taxes, management fee, taxes, management fee, taxes,
incentive bonus incentive bonus
incentive bonus
Projected US $ 12,800 US $ 11,200 US $ 9,600
Net Income (Php 620,800) (Php 543,200) (Php
465,600)
Anually
At a very conservative assumption of 60% occupancy/year & US $ 9.600/year (Php 465,600)
Compared to bank deposit with a maximum of 5% interest, your US $68,000.00 (Php 3.3M) earns you only US $3,400.00(Php
165,000)/year
Bank Deposit VS Condotel Enrolment
with an estimated annual interest with an assumption of 60% occupancy
of 5%, gives you and room rate of US $100/day
US $ 3,400 (Php 165,000)
US 9,600 (Php 465,600)
Condotel Enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.
In addition to the
projected net income, investors have their 45-day FREE Stay guaranteed benefit which they have the option to sell....
45-
DAY FREE STAY / year
with an option to sell or use worth (Based on an assumption of 4-star hotel rate
US $4,500 (
Php 218,250) of US $100/day in Boracay)
An investor can easily sell their 45-day Free Stay to travel agencies
especially during peak season
Projected Net Income Guaranteed benefit
$9,600(Php 465,600.00) + $4,500(Php218,500)
An investor gets an estimated total of US $14,100 ( Php 683,850) / year
Investors could look forward to an
estimated 5year full return of their investment while enjoying the good life in Boracay or the privileges & benefits of being
a member of CLub Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.
PROMOTION:
45
-DAY VACATION IS IDEAL FOR FOREIGNERS WHO WISH TO STAY WARMTH & ENJOY THE TROPICS WHEN THEIR COUNTRY IS EXPERIENCING WINTER
SEASON.
CONDO UNITS WILL BE AVAILABLE IN CLUSTERS 6 OR 8 WITH ONE COMMON COURTYARD FOR GROUP ACTIVITIES. IDEAL FOR LARGE
FAMILY OR FRIENDS.
INVESTORS CAN LIKEWISE RECOMMEND THEIR FRIENDS TO BUY UNITS IN THEIR CLUSTERS SO THEY CAN HAVE THEIR
VACATION TOGETHER OR TAKE TURNS OF USING THE UNITS FOR THEIR OWN FAMILY VACATION ON DIFFERENT SEASONS.
PAPERWORKS
:
Investors will sign an investment agreement to purchase a stock share from Boracay Multiple Properties Developers,
Inc. equivalent to one specific condotel unit
When payment is fully paid, investors will receive a stock share ownership
certificate
Stock share ownership can only be resold whne fully paid.
No capital gains tax involved.
FREQUENTLY
ASKED QUESTIONS:
Q. ARE THERE OTHER EXPENSES TO BE PAID BY THE UNIT OWNER UPON ENROLLMENT IN THE CONDOTEL OPERATIONS?
A. A joining fee is required to be paid by the unit owners upon enrollment to condotel operations. The joining fee
will be determined later by the operator. Unit owner will still have to pay for other amenities and other services
Q.
WHO WILL OPERATE THE CONDOTEL UPON COMMERCIALIZATION?
A. Condotel will be managed by the Crown Regency Hotel
Chain
Q. HOW DOES THE CONDOTEL OPERATE?
A. The condotel will generally operate like a resort hotel. Individual
owners may use their condotel units for 45 days every year if their unit is enrolled under rental pooling. If the usage will
exceed 45 days, they willhave to pay the member s rate (30% discount from regular rate). Owners who do not choose t enroll
their units under condotel operations may use their units as a vacation home or for residential purpose.
Q. IF THE
UNIT OWNER DECIDES NOT TO ENROLL HIS UNIT UNDER THE CONDOTEL OPERATIONS, WILL THE UNIT OWNER BE CHARGED OF ASSOCIATION DUES?
A. Yes, the unit owner will be charged with monthly association dues & maintenance fees will be determined later by
the operator.
Q. ARE THERE ASSOCIATION DUES FOR THE UNIT OWNERS WHO ENROLLED IN CONDOTEL OPERATIONS/
A. There
are NO association dues for units enrolled under cndotel operations.
Q.WHAT IF THE UNIT OWNER WAS NOT ABLE TO USE THE
45-DAY BENEFIT?
A. The 45-day benefit has an expiry of one-year. The 45-day free stay can be converted to Free stay
privilege certificates at any of the Crown Regency hotel chain of properties & other off-site facilities with no expiry
period on a one to one room night value. He can also enroll it at Interval International or sell it to his friends.
Q.
ARE REPAIRS SHOULDERED BY THE CONDOTEL OPERATORS?
A. Only minor repairs shall be shouldered by the condotel
operator.
Q. WHAT IS THE MINIMUM PERIOD OF THE CONDOTEL ENROLLMENT?
A. Upon turnover of your unit, the unit
owner may immediately enroll with the operator. The minimum period you can have your unit enrolled is three(3)
years.
Q. HOW DOES THE CONDOTEL OPERATION DIFFER FROM TIMESHARES?
A. In timeshare, you only exercise a right to
use the property for a certain period of time. When you own a unit in Boracay Multiple Properties Developers, Inc.(BPDI), you
own a share in the company wherein your share is represented by a specific numbered unit. Your ownership of a share evidenced
by a stock certificate makes you a unit owner and a shareholder of BMPDI.
Location : , Boracay, Aklan
Price Range
: P 4,000,000 to P 8,000,000
Convert : P 4,000,000 to P 8,000,000
Payment Terms :
JULY 10, 2007 NOTE :
ADVISING EVERYBODY TO TREAT THE PRICES BELOW AS TEMPORARY. JUST THIS 11AM, THERE WAS ANOTHER NEW SET OF PRICING FTRDC HAS
RELEASED. PLS COORDINATE WITH US FOR PROPER PRESENTATION. NEW PRICES (IF THERE S ANY) SHALL BE UPLOADED
A.S.A.P.
SIGNED:
ED GARCES
MEMBERS CAN ENJOY P 300,000.00 DISCOUNT!!!
NOTE: PRICE BELOW
IS UNTIL SEPTEMBER 30, 2007
Pricing Unit T1 Unit T3 Unit T4 Unit T4A
Ground 2nd & 3rd Floor 2nd & 3rd Floor
2nd & 3rd Floor
(Garden View) (Garden View) (Pool View) (Pool View)
57.5 sq.m. with loft 33.5 to 34.5 sq.m. 33.5 to
34.5 sq.m. 41.5 sq.m.
100% Cash Php 6.9 M Php 3.3 M Php 3.7 M Php 4.5 M
50%DP-50%(12 mo. Installment) Php 7.0 M Php
3.4 M Php 3.8 M Php 4.6 M
40%DP-60%(12 mo. Installment) Php 7.1 M Php 3.5 M Php 3.9 M Php 4.7 M
30%DP-70%(12 mo.
Installment) Php 7.2 M Php 3.6 M Php 4.0 M Php 4.8 M
20%DP-80%(12 mo. Installment) Php 7.3 M Php 3.7 M Php 4.1 M Php 4.9
M
10%DP-90%(12 mo. Installment) Php 7.4 M Php 3.8 M Php 4.2 M Php 5.0 M
No DP-12 mo. Installment Php 7.5 M Php 3.9 M
Php 4.3 M Php 5.1 M
10%DP-90%(15 mo. Installment) Php 7.6 M Php 4.0 M Php 4.4 M Php 5.2 M
10%DP-90%(18 mo.
Installment) Php 7.7 M Php 4.1 M Php 4.5 M Php 5.3 M
10%DP-90%(24 mo. Installment) Php 7.8 M Php 4.2 M Php 4.6 M Php 5.4
M
10%DP-90%(30 mo. Installment) Php 7.9 M Php 4.3 M Php 4.7 M Php 5.5 M
If hotel opens
before payment is complete:
For 15 mo. Installment scheme gets 50% share of profit
For
18 mo. Installment scheme gets 40% share of profit
For 24 mo. Installment scheme gets 30% share of profit
For 30 mo. Installment scheme gets 20% share of profit
NOTE: NEW PRICE
EFFECTIVE OCTOBER 1, 2007
1. ) Pricing (Cash Payment)
Unit T1
Ground
(Garden View)
57.5 sq.m. w/ Loft
Unit T2
Ground
(Pool View)
59 sq.m. w/ Lo
Unit T3
2nd & 3rd Floor
(Garden
View)
33.5 to 34.5 sq.m
Unit T4
2nd & 3rd Floor (Pool View)
33.5 to 34.5 sq.m.
Unit T4A
2nd & 3rd
Floor
(Pool View)
41.5 sq.m.
Php 7.5M
Php 8.0M
Php 4.0M
Php 4.2M
Php 4.8M
Cash
Payment
Php 6.9M
Php 7.5M
Php 3.5M
Php 3.7M
Php 4.5M
2.) Pricing (With Downpayment)
Unit T1
Ground
(Garden View)
57.5sq.m. w/ Loft
Unit T2
Ground
(Pool View)
59 sq.m. w/ Loft
Unit T3
2nd & 3rd Floor
(Garden View)
33.5 to 34.5 sq.m.
Unit T4
2nd & 3rd Floor
(Pool View)
33.5 to
34.5 sq.m.
Unit T4A
2nd & 3rd Floor
(Pool View)
41.5 sq.m.
Php 7.5M
Php 8.0M
Php 4.0M
Php 4.2M
Php 4.8M
S
Downpayment to Condotel
Monthly Installments
S
Downpayment to Condotel
Monthly Installments
Retention Amount Upon Start of
Operation
C
H
50%
50% balance in equal 48 monthly installments
C
H
30%
40% balance in equal 48 monthly installments
30%
E
M
40%
60% balance in equal 48 monthly
installments
E
M
30%
50% balance in equal 48 monthly installments
20%
E
1
30%
70% balance in equal 48 monthly installments
E
2
30%
60% balance in equal 48
monthly installments
10%
3. Pricing (No Downpayment)
Unit Type
Price
Reservation Fee
(non-refundable)
Balance
Monthly Amortization
Retention Fee
Unit T1
Ground
(Garden View)
57.5 sq.m. w/ Loft
Php 7.5 M
Php 100,000.00
Php 7,400,000.00
Php
120,000.00 x 48 months
(Php 5,760,000.00
Php 1,640,000.00
Unit T2
Ground
(Pool View)
59 sq.m. w/
Loft
Php 8.0 M
Php 100,000.00
Php 7,900,000.00
Php 120,000.00 x 48 months
(Php
5,760,000.00
Php 2,140,000.00
Unit T3
2nd & 3rd Floor
(Garden View)
33.5 to 34.5 sq.m. w/ Loft
Php 4.0 M
Php 100,000.00
Php 3,900,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,020,000.00
Unit T4
2nd & 3rd Floor
(Pool View)
33.5 to 34.5 sq.m. w/ Loft
Php 4.2 M
Php 100,000.00
Php 4,100,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,220,000.00
Unit T4A
2nd & 3rd Floor
(Pool View)
41.5 sq.m. w/ Loft
Php 4.8 M
Php 100,000.00
Php 4,700,000.00
Php 60,000.00 x 48 months
(Php 2,880,000.00
Php 1,820,000.00
Note
:
Existing Club Ultima membership get a Php 300,000.00 discount from the exsiting price. Discount applies only to one
(1) Unit. Members with one(1) room night privilege must upgrade to seven (7) room night privileges to avail of the member s
price.
For non-members, price includes CLub Ultima membership with 7 FREE room nights with option to enroll with
Interval International, subject to payment of regular charges imposed by Interval International.
Foreign currencies
are accepted at a lock-up value of minus ONE PESO (Php1.00) of the prevailing exchange
rate.
NOTE:
Reservation deposit of Php 100,000.00 is part of the downpayment amount;
If downpayment is
paid outright, less 7% discount based on the Downpayment Amount;
If the downpayment is paid within 30 days, less 5%
discount based on the downpayment amount;
Downpayment can be paid in 3 months, 6 months, 9 months or 12 months;
For
downpayment payable in 9 or 12 months, the monthly amortization starts on the 7th month;
All retention payables should be
covered by blank dated checks. Six(6) months prior to the start of the condotel operation, buyers will be informed that the
blank dated checks will be deposited.
For buyers with unpaid balances at the start of condotel operations will only
receive 70% dividends due until purchase amount of unit is fully paid.
All checks should be made payable to Fuente
Triangle Realty Development Corporation
Full profit of Investors starts when investment is fully paid
Reservation
deposit of ONE HUNDRED THOUSAND PESOS (Php 100,000.00) is non-refundable.
Cash paying Investors will be given first
priority in choosing Units and a 45-day FREE stay at any Crown Regency Hotel as signing bonus.
Floor
Area : 34.00 sq. m.
Hold on, as previously stated above : There will be a SIGNING BONUS of an additional 45 days FREE
stay (first year only) if you will pay CASH - AN OUTRIGHT PAYMENT.
This 45 days is on top of the original 45 days you are
getting regardless of payment terms for a total of 90days vacation time on the first year. However, please note that the
second 45 days shall only apply to areas where Club Ultima or Crown Regency hotel are located and Boracay is not included.
Construction schedule commence hopefully, if their is no changes on June 2007 and the target approximate completion
date will be on June or July 2008. (May 22, 2007 Update : Launching on first week of July 2007. Construction commence
hopefully on Sept 2007 and not June 2007 because of government regulatory requirements which needs to be processed.
Construction is 1 year).
Enjoy 45
Days Vacation at Boracay For Free Per Year - but still EARN at least 20% ROI per year!
EFFECTIVE October 1, 2007, there
will be a new price.
NOTE: Updated as of September 12, 2007
June 23, 2007 : Boracay is voted as s Top Ten Best
Beaches in the World. Details travel. /beaches
Boracay Island make...
Days Vacation at Boracay For Free Per Year - but still EARN at least 20% ROI per year!
EFFECTIVE October 1, 2007, there
will be a new price.
NOTE: Updated as of September 12, 2007
June 23, 2007 : Boracay is voted as s Top Ten Best
Beaches in the World. Details travel. /beaches
Boracay Island make...
View more
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