To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool.
Great Investment for Fil-Am’s whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 12-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.
Units at the Lancaster Suites have basic kitchen facilities. The standard unit price [Option 2 – Semi Fitted Suites] provides for the suite to be semi-finished but not fully furnished or fitted. Included in the current standard basic price for the ‘Semi-Fitted’ units are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area tiled floorings and lower kitchen cabinets/work tops installed. Ceilings and walls are painted cement finish.
Units are also available on a Bare Unfinished basis for clients intending to fit-out their own suites or avail of the Condotel completion at a later date.
A complete Condotel Suite optional extra interior fit-out package including unit fixtures and fittings, furniture’s, furnishings, light fittings and fixtures and appliances including air-conditioning will be available towards the time the units are closer to being completed towards the latter part of 2010. Monthly condo dues are currently around 80 pesos/square meter of the unit floor area/month.
Executive Studio Deluxe Suites
Price Effective: May 25, 2007. Prices Quoted in Philippine Pesos [PHP]
Lancaster Atrium Tower A Executive Deluxe Studio Suites. Average Floor Area 32.50 square meters [350sqft] . These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with Reservation and Balance Payable without interest over 72 consecutive equal monthly payments of .
Alternatively Save by making Reservation then within 30 days a 30% Net Discounted Down Payment and Balance payable without interest over 72 consecutive equal monthly payments of .
Lancaster Atrium Executive Deluxe Studio Suites are also available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification “In-House” Finance Plans…
Pay Reservation for a 32.50sqm [350sqft Executive Studio then 60 consecutive monthly payments with the balance either payable in cash on turnover or to be financed over another 60 months payment plan…..
Cash Payment option, take 20% discount make Reservation and within 30 days pay 90% the remaining 10% on unit turnover from December 2010
Lancaster Atrium Semi Fitted Studio Suites may now be Purchased on 12 Year Payment Plan Options
The New Twelve [12] Year Payment Plan provides for Executive Studio Suites to be purchased with a Reservation for a 32.50sqm [350sqft] Studio then 48 consecutive monthly payments [No Interest for the first 4 years]. During the first 4 years there is an Annual Lump Sum payable on the anniversary of the reservation date and thereafter continue the 96 consecutive monthly payments to complete the balance of the purchase price.
All Lancaster [Semi-Fitted Option 2] Residential Suites Unit Features Include:
* Vitrified ceramic tiles in living, dining areas
* Ceramic tiles in kitchen and toilet and bath
* Toilets with mechanical ventilation
* Plastered cement walls and ceilings’ with painted finishes
* Provisions for split type air-conditioners