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 holiday” theme 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 053 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
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