Condotel Investments at Lancaster Condo-Hotels, Metro Manila, Philippines, provide resident unit owners with more facilities than regular Condominiums.
Condotel Investments at Lancaster Condo-Hotels, Metro Manila, Philippines, provide resident unit owners with more facilities than regular Condominiums. Condotel Owners enjoy benefits and privileges of Hotel Services in a Residential environment and earn competitive, managed, Rental Income whilst not using their unit.
Lancaster condominiums can be purchased as either a residential condo or vacation homes to buyers whom would probably only occupy the units no more than one month per year or as investment real estate or Buy to Let Rental Income Properties. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit. However, in a Condominium Hotel, during the time they do not ocupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making ownership of a condotel unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit with all the services provided by day, week, or month.
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