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Lancaster Cebu

 

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Lancaster Residential Condominium - Condotel suites

 

 
The CONDOTEL Advantage
Available only at: LANCASTER SUITES
 
  • Option to enroll your condo in the Lancaster Suites Condotel (Condominium-Hotel) Pool to be used as hotel rooms.
  • Condo earns huge rental income while you're not using it!
  • The owner maintains the flexibility of using his room upon request during his/her stay in Cebu.
  • Full Control of Ownership covered by condominium certificate of title! (not timeshare)
  • Hotel Standard Condo and Building Maintenance
  • Hassle-free property management (no unpaid rent, unpaid bills, so common in conventional leasing)
  • The only Philippine Developer with U.S. System of Escrow buyer protection! (Escrow Bank: Equitable-PCI Bank)
 
Regular Condominium, Townhouse House and Lot
 

You only have two options:

 
1. DIRECT LEASE:
  • You need to find your own tenant.
  • You can't use your property when you visit Cebu.
  • Usual Problems of Direct Lease (Unpaid phone, electrical bills, property damage, unpaid rent)
  • Weak Philippine Rental Market Low Rental Income
2. KEEP YOUR PROPERTY FOR YOUR OWN USE:
  • Bills, bills, bills! (Homeowner's fees, utilities, bills even your property is vacant!)
  • No rental income even when you're not using your property
  • Need to hire property manager
 
 

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Disclaimer:

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Everyone is advise to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

 

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