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Boracay Properties - Condominium » Condotel Units with Golf & Beach in Fairways & Bluewater in Boracay
Location: Boracay Island Aklan, Aklan

An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!


Balaihara Newcoast Villatel, Boracay Island

Operational Now

Balaihara Villatel, is a prestigious property located
inside Newcoast, Boracay where Fairways and Bluewater Resort Golf & Country Club is also situated. Sprawling right along the golf and have access to private beach coves and the white beach of boracay. Since Boracay is a prime tourist destination, the demand for accommodation is very high with only a limited number of available  accommodation which cannot satisfy the demand. With this property Investment, you can be assured of an accomodation whenever you plan to have your vacation in Boracay.

Best of all unit owners of the Golf Villatel and their
guests will
enjoy the spaciousness and exclusivity of the Fairways and Bluewater Resort Golf and Country Club. Complex with its own
private beach
, the paradise cove, away from intrusive croud ussually milling around the long beach area, and the very commercial atmosphere that has somehow erased the pristine splendor of the Boracay beaches.

The resort offers various accommodations and a range of amenities---
there is something for the solo travelers or the family vacationeers.Whether you are looking to get away from it all or throw the party of the decade, the resort can meet your needs. The resort is harmonious co-existence with the intricate facets of Boracay
natural beauty
is an achievement that can be attributed to its centerpiece attraction: an 18-hole,  par 72 world-class championship golf courses.

Hailed as the Best Beach in the World, Boracay 
Island is breathtaking 15km stretch of fine white sand and the surrounding clear blue water
are so breathtaking that we call it our own brand of
paradise
. Guests numbering in the hundreds of thousands make their holidays in Boracay each year. The need for luxury accommodations is now addressed by the resort community of Fairways & Bluewater, Newcoast.

The Balaihara Villatel which is now 3 buildings are operational.  The Villas on the 9th and the Lodgings are two new five-star condotel developments that will soon be available behind the gates of the exclusive property.

The 9 Balaihara Villatels are spread along the fairways of hole 1, 2 and 8. Each building has 30 rooms with an area of either 54.9 sq.meters or 70 sq. meters each.

The Villas on the 9th stand in the most scenic
location of the Resort.
Located along the 9th fairway of the only golf course on Boracay –named Villa Maria, Villa Margarita, Villa Sofia, and Villa Ysabel –are the first class condotels that offer buyers with ownership of their Fairways & Bluewater units in Boracay. ofThese buildings also have a view the Sibuyan Sea. Designed to accommodate the discriminating taste of holiday visitors, suites have all the amenities of home. The spacious two-bedroom, one-bedroom and studio units accommodate families or groups without sacrificing privacy.

The Lodgings
AFFORDABLE INVESTMENT, GREAT RETURNS. . . The Lodgings, consisting of seven (7) building with 72 units each, and is located near the main entrance of Fairways & Bluewater Golf Course. These 30+ square meter units come fully furnished with all the amenities a traveler needs while on holiday.  For the investor, the condotel-style maintenance of the income-property has appeal. These units anticipate heavy traffic from international travelers who want to savor Boracay nightlife, and yet at the same time want to rest and enjoy the privacy offered in Fairways & Bluewater.

Newcoast controlled  environment. The “Let your money earn even while you are on holidaytheme carries here.  The unit makes money while operating as a hotel for 15 years during the lease-back period. So, not only does The Lodgings provide a place for vacations and holidays (up to thirty days free per year), the owner can take pride in owning property (secured by a Condominium Certificate of Title in an exclusive location, that helps pay for 'itself.

And as a unit owner, since you will not be spending
your whole year in Boracay, the Villatel will be operated as Hotel which gains you a PASSIVE income from the operation while you are away. A worry-free investment which the club will maintain and manage your unit which saves you additional cost from caretaking and maintenance.This gives the owner a real income-producing, five-star property without the usual hassle of renting out. This valuable acquisition allows owners to return again and again to their dream destination for a wonderful holiday each year, while also being assured of income being generated by the same property. On the top of that, unit owners have access to all the facilities of the exclusive Fairways & Bluewater resort, including the golf course.

ESCAPE TO PRISTINE AZURE HIDEAWAYS
The Balaihara Newcoast Villatel will have nine separate buildings.Each building shall house only 30 rooms with an area of weather 54.9square meters or 70 square meters or 41.8 sqm

BREATHE IN SPECTACULAR GREEN VIEWS
Boracay is a favorite tourists 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 crystal clear sapphire waters and powder white sands. Balaihara is located amidst the only golf course in the entire Boracay Island.

Buyers will have complete ownership of their units,
being granted a
Certificate of Condominium Title. Each unit will be immediately leased back to the developer for 15 years, and will be managed and operated as a hotel. But unit owners have the exclusive privilege to use their units for a total of 30 days per year for the 15 year period.
Projected Return-on-Investment can be expected in as fast as 4-5 years depending on tourist traffic, and
recurring revenues from hotel
operations can be enjoyed until the 15 year contract expires. This contract is also renewable for another 15 years or not lease back anymore, then the unit owner will be the one to manage, maintain or looking to rent it out or make it as their residence.

The 267-room Balaihara Newcoast Villatel is spread over nine (9) buildings. It has a total land area of 22,500 sq.m. and is along the 9th FAIRWAY of the ONLY GOLF COURSE IN BORACAY ISLAND.
Now three (3) buildings are operational, while other buildings are now
under construction.

For sale at Balaihara Newcoast Villatel
* 3  Types: Fully Furnished
      -Superior Deluxe (54.9 sq. m)
      -Royal Suites ( Presidential Suite) (70 sq. m.)
      -Lodgings   (41.8 sqm)

Balaihara Newcoast Villatel features
    * 9 separate buildings
    * 30 rooms per building
    * Zen-inspired design

Return to Your Investment
    * Buyers will have complete ownership of their units
       with a Certificate of  Condominium Title (CCT) 
    * Each unit will be leased back to the Club for 15
       years to be managed and operated as a hotel
    * Each unit owner is entitled to thirty (30) days per
       year personal use of his unit for FREE
    * Flexibility in usage of 30 days - 1 week out of 30
       days can be used during peak seasons
    * The unit owner may sell his unit anytime
    * Worry-free maintenance during the leaseback
        period
    * 90% Unit Owner’s share from Net Income of hotel
       operations
    * After 15 years, the unit owner will have the option
       to renew the lease for  an additional 15 years to

       the hotel operators or rent it out on his own
    * Projected Return-on-Investment can be expected
      in as fast as 4-5 years  depending on the tourist
      traffic
_________________________________
UPDATED APRIL 2010
PRICES AND SAMPLE COMPUTATION:
 
Superior De luxe
Unit  54.9 sqm – Inner unit
Total Price                     P6,313,500.00
50% Downpayment        P3,156,750.00
Less: Reservation Fee          100,000.00
Net Down Payment        P3,056,750.00**
50%   Balance                P3,156,750.00
Payable through bank financing @ 15% interest
 5 -10 years to pay.
 15% interest rate = 0.01332

VILLA YSABEL (Ready for Occupancy)
-near & walking distance to Clubhouse
Unit 50 sq. meter – Inner unit
Total Price                    P5,750,000.00
50% Down Payment      P2,875,000.00
Less: Reservation Fee         100,000.00  
Net Down Payment       P2,775,000.00**
50% Balance – Payable in 12 months
 at  ZERO Interest    Php239,583.33
-or 30% downpayment, 70% balance payable in 5 years w/ 14% interest/annum.
 14% interest rate = 0.01553
________________________________ 


VILLA SOFIA  Ready for Occupancy (ocean view)
-near & walking distance to Clubhouse
             
SAMPLE COMPUTATION                   
3RD FLOOR UNIT 304                   
FLOOR AREA :  50 SQM. INNER UNIT       
                   
OPTION- SPOT CASH WITH 10% DISCOUNT   
TOTAL CONTRACT PRICE     P5,750,000.00     
LESS:  10% DISCOUNT          P575,000.00   
TCP - AFTER DISCOUNT        P5,175,000.00   
LESS: RESERVATION FEE          P100,000.00   
NET TCP                    P5,075,000.00   
PAYABLE WITHIN 7 DAYS ON THE                   
         DATE UPON RESERVATION.                   


OPTION -2: 50 / 50  DOWNPAYMENT WITH 10% DISCOUNT        TOTAL CONTRACT PRICE            P5,750,000.00     
x 50% DOWNPAYMENT        P2,875,000.00   
LESS: 10% DISCOUNT          P287,500.00   
DP  AFTER DISCOUNT        P2,587,500.00   
LESS: RESERVATION FEE          P100,000.00   
NET DOWNPAYMENT            P2,487,500.00   
PAYABLE WITHIN 7 DAYS ON THE DATE                   
        UPON RESERVATION                   
                   
50%  BALANCE  --P2,875,000.00  PAYABLE IN 12 MONTHS      WITH NO INTEREST AND  WITH PDC"s        

OPTION - 3:   30 / 70   WITH 5% DISCOUNT OF DP                   
TOTAL CONTRACT PRICE           P5,750,000.00   
x 30%  downpayment           P1,725,000.00   
Less: 5% discount if paid within 30 days  P86,250                   
       
DP AFTER DISCOUNT            P1,638,750.00   
LESS:  RESERVATION FEE            P100,000.00   
NET DOWNPAYMENT                P1,538,750.00   
      PAYABLE WITHIN  30 DAYS ON THE                   
      DATE UPON RESERVATION                   
                   
70%  BALANCE            P4,025,000.00   
 PAYABLE IN 5 YEARS THRU IN-HOUSE                   
  FINANCING AT 14% INTEREST PER                    
  ANNUM    x  FIXED FACTOR  ( 0.02327 )               

MONTHLY AMORTIZATION:          P93,661.75

OPTION - 3:   30 / 70   WITH 5% DISCOUNT OF DP                   
TOTAL CONTRACT PRICE            P5,750,000.00   
x 30%  DOWNPAYMENT        P1,725,000.00   
Less: 5% discount if paid within 30 days   P86,250.00                   
       
DP AFTER DISCOUNT        P1,638,750.00   
LESS:  RESERVATION FEE        P100,000.00   
NET DOWNPAYMENT            P1,538,750.00   
      PAYABLE WITHIN  30 DAYS ON THE                   
      DATE UPON RESERVATION                   
                   
70%  BALANCE            P4,025,000.00   
 PAYABLE IN 5 YEARS THRU IN-HOUSE                   
  FINANCING AT 14% INTEREST PER                    
  ANNUM    x  FIXED FACTOR  ( 0.02327 )               

MONTHLY AMORTIZATION:             P93,661.75   
   

VILLA MARIA (golf course view)

Unit  61 sq. meter
Total Contract Price                P7,015,000.00
Cash Sales – payable w/ in 30 days
Less: 10% Discount on TCP     P701,500.00
Contract Price after Disc.       P6,313,500.00
Less: Reservation Fee                 100,000.00
Net Contract Price                P6,213,500.00**

-or 30% downpayment, 70% balance payable in 5 years w/ 14% interest/annum.

Installment Sales:
Total Contract Price                 P7,015,000.00
50% Down Payment                P3,507,500.00
Less: 10% Discount if DP
  paid with in 7 days                  P350,750.00
Down Payment after Discount   P3,156,750.00
Less: Reservation Fee                    100,000.00
Net Down Payment                  P3,056,750.00**
50% Balance – Payable in 12 months w/out Interest

-or 30% downpayment, 70% balance payable in 5 years w/ 14% interest/annum. 14% interest rate = 0.01553

FEATURES:
-Studio Type with 1 toilet & bath
-Pantry
-Terrace

_______________________________

VILLA MARGARITA (can be residential unit) golf course view

FEATURES:
-Offering Studio type,1 bedroom and 2 bedrooms
-Living, dining and kitchen
-1 to 2 toilet & bath
-Balcony

PRICE SAMPLE COMPUTATION:                           
Unit 05
3 OR 302                           
Unit Type:1 Bedroom with Toilet & Bath; with kitchen                      Floor Area :   80 Square Meter     
                      

OPTION  1 :                           
Total Contract Price          P9,075,000.00   
x 50% Downpayment          P4,537,500.00       
Less:10% Discount if Paid within 7 Days P453,750.00       
Net Downpayment After Discount    P4,083,750.00       
Less : Reservation Fee        P100,000.00       
Total Downpayment within 7 Days upon the date of the Reservation Fee    P3,983,750.00   
                           
50% Balance Payable within  12 Month without    P4,537,500.00   
    Interest                       
Monthly Amortization for 12 Months    P378,125.00   

OPTION  2:                           
Total Contract Price        P9,075,000.00   
x 30%  Downpayment            P2,722,500.00       
Less : 7% Discount if DP Paid within 7 Days   P190,575.00       
Downpayment After Discount         P2,531,925.00       
Less:  Reservation Fee                   P100,000.00       
Total Downpayment within 7 Days upon the date of the Reservation Fee    P2,431,925.00   

70% Balance Payable in 5 Years @ 14% Interest per annum               P6,352,500.00   

Monthly Amortization        P147,822.67   

NOTE: THERE IS AN OPTION NOT TO PUT IT IN LEASEBACK AGREEMENT (VILLA MARGARITA)
___________________________________

 
THE LODGINGS
Unit Area 41.8 sq. meter
Total Contract Price                P4,807,000.00
50% Down Payment               P2,403,500.00
Less: Reservation Fee.                  100,000.00
Net Down Payment                 P2,303,500.00**
50% Balance – Payable in 12 months w/out Interest.

-or 30% downpayment, 70% balance payable in 15 years w/ 15% interest/annum. 15% interest rate = 0.01332

SAMPLE COMPUTATION
THIRD FLOOR  - UNIT 25320       
FLOOR AREA =   41.8 SQ.M.       
UNIT PRICE    P4,598,000.00

OPTION 1 :   SPOT  CASH (w/in 7 days)      
TOTAL CONTRACT  PRICE    P4,598,000.00
Less: 20% Discount                           P919,600.00
Contract Price Less Discount         P3,678,400.00
LESS: Reservation Fee                     P100,000.00
NET CONTRACT PRICE           P3,578,400.00
Payable within 7 days on the date of the       
  Reservation.       
       
OPTION  2 :  20% DP  WITH 15% DISC.       
TOTAL CONTRACT PRICE      P4,598,000.00
x  20% Downpayment                        P919,600.00   
LESS: 15 % Discount if DP Paid within        
-30 Days on the date of the Reservation    P137,940.00   
D/P AFTER DISCOUNT                    P781,660.00   
LESS: Reservation  Fee    100,000.00   
NET DOWNPAYMENT    681,660.00   
       
80 %  BALANCE                         P3,678,400.00
MONTHLY AMORTIZATION:       
Payable in  5 years @  12% Int. P.A.       
 x Fixed Factor  ( 0.02224 )            P81,807.61
       
Payable in 10 years  @  14% Int. P.A.       
 x Fixed Factor  ( 0.01553 )             P57,125.55

 
All rooms fully furnished with the following amenities of home. Cable T.V., minibar, microwave oven, NDD/IDD telephone and internet service. Special access to club facilities such as swimming pool and golf course. Unlimited shuttle service within the resort facilities.


PROJECTED RETURN ON INVESTMENT
Number of Room                                52   
Annual Room Nights                      P12,194   
Average Rate Per Night                  P5,350.00   
Annual Room Revenue            P65,237,900.00   
Annual Other Revenues             P3,392,370.80   
Annual Total Revenue             P68,630,270.80   
Less: Operating Costs                    47.62%     
Gross Operating Profit            P35,948,535.85   
Less: Other Miscellaneous
      Expenses                                14.40%   
Net Income                             P26,065,776.85   
Less: Provision for Income Tax            13.29%
Net Income After Tax              P16,944,813.86
                           
Total Number of Square Meters of 52 Units         3,104
Projected Net Income Per Square Meter       P 5,459.03
                           
Example of Annual Projected Income                           
Studio Unit of 53 sq.m.                   P289,328.59
1- Bedroom Unit of  80 sq.m.         P436,722.40
2- Bedroom Unit of  131 sq.m.       P715,132.93
                           
NOTE:  Based on Projected Costs of 2008                           

___________________________________
Villa Hotel
Villa and Hotel fused into one. A free vacation paradise for you and your family for a total 30 days a year - a hotel to earn you income for the rest.

BENEFITS TO THE OWNER:
- A unit owner can start recieve revenues upon
  payment of DP
-An average of 17% annually is the return of
  investment is projected
-worry free maintenance during the leasehold period.
-Thirty (30) days of free accommodations per year.
-one (1) weeek out of every year can be used during
  peak season.
-Ninety (90%) percent of unit owner's share from the
  net income of hotel operations.
________________________________
HIGHLIGHTS INCLUDE:
- 3 (three) private beach coves
- food and beverage outlets
- infinity pool
- prayer sanctuary
- butterfly farm
- spas
- golf course access

MORE PERKS!
- low density
- nature preserved
- breathtaking views
- WIFI zone
- exclusive welcome center at Caticlan
- shuttle services

NUMEROUS ACTIVITIES;
- swimming
- scuba diving
- island hopping
- kayaking
- windsurfing
- board sailing
- jet skiing
- water skiing
- snorkeling
- parasailing
mini-cruising
- fishing
- wind surfing
- hiking
- biking
- spelunking
- horseback riding


Boracay Island
Sea Transfer
Vicinity Map of Fairways & Blue Water in Boracay
Specifications:
Look at the Villas on the 9th hole fairway and the Lodging on the Entrance.

Villa Sofia & Villa Isabel
Superior De luxe Floor plan
Floor Area: 50 sqm
Price: 5,750,000.00 PHP

Specifications:
50 to 60 sqm floor area, with a side view of ocean and whole scenic golf course.
It has kitchen, toilet & bath and balcony
Superior De luxe
Royal Suite
Villa Sofia and Villa Isabel Condotel Building
Living Area
Living Area

Villa Maria and Villa Margarita
Floor Area: 61 sqm
Price: 6,919,688.00 PHP

Specifications:
Condotel Units that has an option not to put it in leaseback agreement. It has kitchen, toilet & bath and balcony
Living Area
Kitchen Area
Royal Suite
Royal Suite

Lodging House
Floor Area: 41 sqm
Price: 4,807,000.00 PHP

Specifications:
Building w/ 72 Studio Type Furnished Units located near in Entrance Gate of Fairways & Blue Water Golf Course.
Bed Area
Living Area
Balcony
Dining Area
Balcony View

Villas scattered on the 9th Hole Golf
Specifications:
All Villas like Villa Sofia, Villa Isabel, Villa Maria & Margarits are sprawling along 9th Hole Golf.
Villas on the 9th Hole Fairway
Aerial View of Villas on the 9th Hole
Aerial View of Villas on the 9th Hole

Infinity Pool and View of Cove
Specifications:
Part of the Amenities.
Gorgeous Golf Viewing Ocean
Mulligan Golf Hotel
Amphitheatre
Aerial View of one of the Private Cove

Vicinity Map of Fairways & Blue Water in Boracay
Specifications:
Look at the Villas on the 9th hole fairway and the Lodging on the Entrance.

Fairways & Bluewater Golf & Country Club
Specifications:
Golf Lagoon
Part of Golf Course
Part of Golf Course
Part of Golf Course
Gorgeous Golf Viewing Ocean
Part of Golf Course
Fabulous Golf Course

Clubhouse, Infinity Pool and all Amenities
Specifications:

Horseback Riding
Floating Spa
Infinity Pool
A View to a Nice Cove
Pool Side
Part of the Amenities
Aerial View to One of the Cove
Look Out Point
Family Clubhouse
Floating Spa
The Beach & the Swimming Pool
Second Cove
Amphitheatre
Mulligan Golf Hotel

 
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