Scheme 2: 20% Downpayment
Selling Price 2,900,000
20% Downpayment in 7 days 580,000
Less 7% Discount on DP 40,600
Downpayment 539,400
Reservation Fee 50,000
Net Downpayment 489,400
20% Downpayment in 15 days 580,000
Less 5% Discount on DP 29,000
Downpayment 551,000
Reservation Fee 50,000
Net Downpayment 501,000
80% BALANCE 2,320,000
A. 24 months at 0% interest (2 years to pay) 96,667
B. 5 years payment (60 months) 55,193
C. 10 years payment (120 months) 37,430
BENEFITS OF BEING A UNIT OWNER
1. 70% of net income from hotel operations is given to the unit owner
2. 30% of net income from hotel operations goes to the hotel operators
3. 30 complimentary room - night stay annually
4. Free condominium and club membership dues
PREMIUM ADVANTAGES:
1. Prestige of ownership of a property in a Prime Tourist destination
2. Reserved and FREE ACCOMMODATIONS for 30 nights in a year for the Unit Owner
3. Return-Of-Investment (ROI) in a few years
4. Recurring revenue from Hotel operations
5. Global marketability
6. Lifetime ownership covered by a Certificate of Condominium Tile (CCT)
7. The Unit Owner has the option to sell his unit anytime
8. Each unit owner is entitled to 30 nights per year personal use of his unit
9. After 15 years, the Unit Owner will have the option to renew the lease agreement (if you still want to have your unit rented out or not) for an additional 15 years to the Hotel Operator
10. Proceeds from the rental of the units are projected to cover the acquisition cost in about 6 to 7 years from the start of hotel operations.
CONTACT:
Licensed Real Estate Broker: Aileen Ludovico
REBL # 384-N
Mobile No: 09178012547
Email Address: aileen58@gmail.com
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