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Boracay Island Beach Resort Off-Plan Development - Philippines


24 studios units (approx 42 sqm) and 6 corner unit apartments (approx 73 sqm).

5 star beach front development

Full membership for the golf course included

On-site private swimming pools

Prices from £45,000
Property for Sale in Philippines
Property for Sale in Philippines
Property for Sale in Philippines
Property for Sale in Philippines
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Property for Sale in Philippines
Property for Sale in Philippines
Property for Sale in Philippines
Property for Sale in Philippines
Development Overview
Boracay Island is one of the most popular destinations in the Philippines for all nationalities. Famous for its “powder-white sands and pristine blue waters,” this resort stretches from the western coast to the eastern shoreline.

Prices of real estate in Boracay are increasing at an incredible rate. In the past four years, the capital appreciation has amounted to approximately 35% per annum.

Boracay Island Beach Resort is a stunning beachfront development which will consist of three apartment blocks, which are located only 500 metres away from an 18-hole championship golf course.

All apartments will include a furniture package and air-conditioning.

Investment Summary

5 star beach front development

12% guaranteed lifetime rental income**

Full membership for the golf course included

All apartments will include a furniture package and air-conditioning

On-site private swimming pools

Prices start from only: £45,000 (€66,600 approx)

** 12% guaranteed lifetime income, if no personal use.

Request More Information

Location Boracay Island
Boracay Island is one of the most popular destinations in the Philippines for all nationalities. Famous for its “powder-white sands and pristine blue waters,” this resort stretches from the western coast to the eastern shoreline. Temperatures in Borocay, reach between 28 to 38 degrees Celsius in the summer months.

Boracay is not just sun, sand and sea, there are a good number of bars, discos and superb restaurants. Sail boating and kayaking are popular sporting activities and Boracay is host to the annual Paraw Regatta, an international sailboat race. Dive sites surround the island and are learning venues to both novice and professional divers, guided by competent instructors from the many dive schools that operate in the area.

Prices of real estate in Boracay are increasing at an incredible rate. In the past four years, the capital appreciation has amounted to approximately 35% per annum.
The Development
A stunning beachfront development which consists of three apartment blocks which are located only 500 metres away from an 18-hole Championship Golf Course. There are two private swimming pools for residents of the Boracay Hotel, plus 24-hour security. Blocks A and B also have panoramic views of the sea.
The Apartments

There will be three apartment blocks for this development and each one offers:

- 24 studios units (approx 42sqm) from £45,000
- 6 corner unit apartments (approx 73sqm) from £70,000

All apartments will include a furniture package and air-conditioning.
There are two different floor plans to choose from:

Studio Unit: 43 sqm - Price from £45,000 (€66,600 approx)
Includes a bedroom, bathroom, adjoining living and dining area, kitchen, utility area and balcony overlooking the tropical green surroundings.

Corner Unit: 73 sqm - Price from £70,000 (€103,600 approx)
Each unit comes with a master bedroom, second bedroom and bathroom, adjoining living and dining rooms, kitchen, and utility area. The living area has balconies with views of the garden.
Questions and Answers

Q: Can a foreigner own property in the Philippines?
A: Yes, a foreigner can own property but not land, this makes sure that Filipinos are not priced out of the market place. The apartments or the land that they are built on is owned by Trans Pacific Corporation. An investor on this development
will be issued with a Condominium Certificate of Ownership CCO. The corporation is run by a British Ex Pat himself.

Q: What is the currency and exchange rate?

A: The national currency is the Peso, but US $ are also accepted. The current rate is approximately 93 Peso to the UK £, but this can go as high as 105 Peso. Visa, MasterCard, American Express, and others are widely used in all
establishments but you do have to pay a service charge, typically 2.5% to 4% depending on the card provider, the higher rate being for American Express.

Q: What guarantees do I get with my property?

A: You will receive a two-year maintenance guarantee and a three-year building guarantee.

Q: What if I want to sell my property?

A: Trans Pacific Corporation will either buy it back or help find a buyer for you.

Q: How long can I stay in the Philippines without a visa?
A: You can stay in the Philippines for 21 days, with an arrival visa. This can be extended at any British Consulate for one month at a time; this is a cost of approximately £25.00 – 30.00. Be careful as not all Islands have available consulates, so you should check the main offices (Manila and Cebu) or the British Embassy in Manila before your long stay.

Q: How do I get there?

A: You can now get flights from most international airports in the UK to the Philippines and fly to either Manila or Cebu. Flights are available from £450.00 from Heathrow. Once in Manila or Cebu you will need a connecting flight to the Island of Panay.

Q: How long does it take?

A: Depending on the airport, carrier and stop over’s, anything from 15 hours onwards. The Philippine Islands are 8 hours ahead of the UK.
 

 

 

 
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