Contact:
Ms. Z. Zamudio
International Sales & Marketing Director
1AAA RealEstate Condominiums
RP: +63 917 6009196
USA:+1 415 2336386 /+1 347 4108844
UK:+44 161 8800919
Skype: realesta
Email: info (at) realestate-condominiums (dot) com
MCPO Box 2412, Makati City 1264, Philippines Email: info@realestate-condominiums.com
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The Lancaster Atrium Suites are now available on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a 12 year Payment Plan that provides for 50% of the purchase price of the unit to be paid over 4 years without interest and the remaining 50% over 8 years which can be partially or fully offset from income on the Condotel rentals
Please note effective June 1, 2007 all purchase contracts for Lancaster Atrium Suites will be denominated in Philippine Pesos [PHP] and may be paid in US Dollars at prevailing USD/PPH exchange rates on payment.
The current selling price [effective March 1, 2007] for the Lancaster Manila Atrium Tower A Tax Exempt [Semi Fitted] Studio Units are priced at Philippines Pesos [PHP] 75,888 per sqm. The One Bedroom, Two and Three Bedroom [Semi Fitted] Suites are priced at Pesos [PHP] 84,994.56 per sqm including Government Taxes [R-Vat 12%]. Units may be purchased on a Six Year No Interest Charge Term of payment or longer term “In-House” financing plans. Turnover of units for Tower A will be from December 2010
All payments will be made to the Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 60-70% on turnover of units.
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LANCASTER ATRIUM
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The “CONDOTEL” Concept
Pacific Concord Properties, Inc.’s projects are designed with Foreign-Based Real-Estate Investors and End-Users in Mind.
Lancaster unit owners have the option of enrolling their condominium units in a pool of units to be managed and operated as hotel rooms, known as the “Condotel” operation.
Income
The “Condotel” operation ensures that unit owners earn competitive Rental Income from their unit while they are not using it.
Flexibility
Condotel Unit Owners enjoy special Discounted Package Rates when checking-in to any of the Lancaster Condotels.
Unit Owners may also choose to live in their unit for extended periods of time, or permanently, by pulling out their unit from the “Condotel” pool. (Conditions Apply)
Completely Hassle-Free Property Management and Rental Income
Lancaster Unit Owners in the “Condotel” pool enjoy totally Hassle-Free property management. The Professional Hotel Management Operator will ensure the complete maintenance and upkeep of the units enrolled in the “Condotel” Pool.
A complete array of Hotel Services are also available for both hotel guests and residents, such as Housekeeping, 24-Hour Telephone Operator, Laundry, Concierge and Hotel Car Services. (Service Fees May Apply)
Total Property Management
Lancaster Unit Owners in the “Condotel” Pool will enjoy Total Property Management.
Every billing concern such as association dues, special assessments, and other fees/charges is deducted from the Gross Income of the Unit. Under Philippine laws, the Gross Income of the Unit is subject to withholding tax which is currently at 5%.
The unit owner just waits for the Net Income each Month, regardless of where around the globe the unit owner is residing. (Conditions Apply)
Fair Distribution of “Condotel” Income
The Professionalized Lancaster “Condotel” concept ensures fair and equitable distribution of the “Condotel” income.
The Gross Income of the Unit is computed by getting the Condotel Gross Room Revenues, Deducting the Total Cost of Operation, Financial Charges (if any), and Taxes to get the Net Revenue which is then Divided by the total square meters of the units in the “Condotel” pool.
Thus, All of the unit owners enrolled in the “Condotel” Pool will receive the same income per Square Meter, per month regardless of actual unit usage.
Riding the Tourism Boom
The Philippines is currently at the onset of one of the biggest Tourism Booms in Philippine History.
This will create a large demand for Hotel Rooms and increase the Hotel Room Rates especially in key areas such as the Mandaluyong/Ortigas Central Business District and Cebu, where the Lancaster Developments are located.
LOCATION
Approximate Travel Time to Major Landmarks:
The Lancaster Development will be located within 3 minutes walking distance to the MRT Shaw Boulevard Station, and is a 5-minute walk to the EDSA/Ortigas Shopping Centre where major shopping malls are located such as SM Megamall and the Shangri-la Complex, which includes the Shangri-la Mall, the Rustan’s Department Store and the EDSA Shangri-la Hotel. A few minutes away is the Ortigas Business District.
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Within 5 to 10 minutes by car of Lancaster the Atrium are located the country’s best schools such as Poveda, La Salle Greenhills, Xavier School, and The Immaculate Conception Academy. You will also be surrounded by some of the most exclusive residential subdivisions such as Corinthian Gardens , Greenhills, Valle Verde, and Wack-Wack subdivision.
A number of the country’s finest hospitals - Cardinal Santos, The New Medical City, The Polymedic — are also close by.
UNIT TYPES
Elegant & Spacious Units
Lancaster the Atrium features four elegant & spacious unit types to fit anybody’s lifestyle.There are the Studio type and the Single Bedroom type units. The standard One Bedroom, Two Bedroom and Three Bedroom units are available in Loft type and single floor units. The 2 Bedroom and 3 Bedroom Loft type units feature bedrooms on the upper levels and baths on both upper and lower levels. All units in Lancaster the Atrium are inclusive of the following features: a semi-fitted Living/Dining Area, Kitchen area with low cabinets and sink, and incandescent bulb lighting, water closet & lavatory, aluminum awning windows, solid panel entrance door with lockset.
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Competitive Advantages :
• Provide Condominium Fit – Out and Furnishing
• State of the Art Building Maintenance Services
• Hassle – Free Property Management
• Individual Buildings are Managed as Condotels
• All units can become Self – Liquidating
• Long Term Appreciation in the Value of the Units.
DISCLAIMER: The visuals shown herein are intended to give a general idea of the project and as such are not to be relied upon as statements of fact. The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.
Studio Unit
Size Range: 28.19 Sqm. - 34.17 Sqm.
Living and Dining Area
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Bedroom
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Studio Unit Features :
• Vitrified ceramic tiles in living, dining and bedroom
• Ceramic tiles in kitchen and toilet and bath
• Toilet with mechanical ventilation
• Plastered cement with painted finishes
• Provision for window type air-conditioner
View Unit Layout
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DISCLAIMER: The visuals shown herein are intended to give a general idea of the project and as such are not to be relied upon as statements of fact. The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.
1 Bedroom Model Unit
1 BR Size: 59.81 sqm | 1 BR Loft Sizes: 50.69 Sqm. and 54.05 Sqm.
Living and Dining Area
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Bedroom
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One Bedroom Features :
• Bedroom with its own toilet and bath
• Vitrified Ceramic tiles in living and dining area
• Narra wood parquet in bedroom
• Ceramic tiles in kitchen and toilet and bath
• Toilet with mechanical ventilation
• Plastered cement with painted finishes in living, dining and all bedrooms
• Provisions for window type air-conditioner for living and bedrooms
View Unit Layout
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DISCLAIMER: The visuals shown herein are intended to give a general idea of the project and as such are not to be relied upon as statements of fact. The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.
2 Bedroom Unit - Loft Style
Size Range: 74.19 Sqm. - 77.29 Sqm.
Two Bedroom Features :• Master’s bedroom with its own toilet and bath
• Vitrified Ceramic floor tiles in living and dining area
• Narra wood parquet in all bedrooms
• Ceramic tiles in kitchen and toilet and baths
• Plastered cement with painted finishes in living, dining and all bedrooms
• Provision for window type air-conditioner for living and all bedrooms
View Unit Layout
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DISCLAIMER: The visuals shown herein are intended to give a general idea of the project and as such are not to be relied upon as statements of fact. The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.
3 Bedroom Unit - Loft Style
Typical size: 105.325 Sqm.
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Three Bedroom Features :
• Master’s bedroom with its own toilet and bath
• Vitrified Ceramic floor tiles in living and dining area
• Narra wood parquet in all bedrooms
• Ceramic tiles in kitchen and toilet and baths
• Plastered cement with painted finishes in living, dining and all bedrooms
• Provision for window type air-conditioner for living and all bedrooms
DISCLAIMER: The visuals shown herein are intended to give a general idea of the project and as such are not to be relied upon as statements of fact. The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.
BUILDING FEATURES
Features and Amenities :• Telephone Operator
• Grand Lobby with reception counter
• 24-hour monitoring security
• Maintenance and Housekeeping services
• Automatic fire sprinkler system for all units
• Overhead water tank and underground cistern for ample water supply
• Back-up generator
• Laundromat services
• Driver’s Lounge and Toilet for selected levels
• Closed Circuit Television
• Multi-level basement parking
• Swimming Pool
• Provision for PABX service
• Hotel Shuttle Service Available
Future Developments :
• Free form swimming pool and lap lounge
• Elevated Badminton Court convertible to stage for al fresco events
• Landscaped gardens
• Concessioned gym and spa with sauna
• Full service barber shop and Women’s Salon
• Concessioned restaurant outlets
• Function Rooms
LANCASTER SUITES - ATRIUM
BUY SAFE
• World Standard Buyer Security
• Payments for the purchase of Lancaster-The Atrium Tower A units are payable to Equitable PCI Bank Trust Account # 102-78007-9
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• Separate Escrow Accounts are opened for each Lancaster project to ensure that there is absolutely No Co-Mingling Of Funds
PAY EASY
• Pay Only US$500 Reservation Fee
• No Downpayment, No Lump Sum Payment, 60 Months, 0% Interest Payment Plan.
• Huge Discounts On Spot Cash Payments.
• Twelve (12) Year Payment Plans Available.
SECURITY
All checks are payable directly to an escrow account, held by Equitable-PCI Bank (Philippine’s third largest bank). All checks issued by buyers as payment for their units are payable to EPCIB Trust Account 102-78007-9.
Funds in the escrow account may only be disbursed for project construction and project-related expenses. All of the funds go directly to the project, no co-mingling and diversion of funds.
Pacific Concord Properties hopes to serve as a catalyst of change for the Philippine Real Estate Industry by instituting regulatory measures such as placing the buyer’s payments in an escrow account dedicated for the project.
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Condo-Hotel Ownership Made Easy !
Adjoining Studio Suites may be purchased as TAX FREE ONE BEDROOM SUITES at
The Lancaster Atrium Tower A Condotel & Residential Suites are now available on a new 12 year Payment Plan that provides for 50% of the purchase price of the unit to be paid over 4 years without interest and the remaining 50% over 8 years which can be partially or fully offset from income on the Condotel rentals
Current selling price [effective February 1, 2008] for
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Fully Furnished Executive Studios and Two-Bedroom ‘Loft Type’ Suites available at Lancaster Cebu Resort Residences at Pre-Increase Prices that will be “Ready For Occupancy from April 2008”….
The Lancaster Cebu Resort Residences Condotel & Residential Suites are now available on a new 10 year Payment Plan that provides for a downpayment of 20% and the balance of the purchase price of the unit to be paid over 120 months which can be partially offset from income from Condotel rentals
Please note all purchase contracts for Lancaster Suites will be denominated in Philippine Pesos [PHP] and may be paid in US Dollars at prevailing USD/PPH exchange rates on payment. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.
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New 10 Year Payment Plan for
The Lancaster Cebu Resort Residences Condotel & Residential Suites are now available on a new 10 year Payment Plan that provides for a down payment of 20% and resulting balance of the purchase price of the unit to be paid in equal installments over 120 months which can be partially offset from income from Condotel rentals. Executive Suites on this payment plan will be ready for occupancy and open for enrollment in the Condotel Rental Pool within 6 months from the receipt of the required down payment.
Price quoted in Philippine Pesos: February 15, 2008
The New Ten [10] Year Payment Planfor the fully fitted Lancaster Cebu Resort Residences Reservation of only -Pph-100,000.002,753,924.0620% down payment of -Pph-530,785.00the remaining balance is payable by 120 consecutive monthly payments of only -Pph-38,256.00
Price quoted in Philippine Pesos: February 15, 2008
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