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This is an investors dream, providing a full turnkey investment with immediate returns. Personal usage is included and all furniture and management costs are included in the rental return, providing an outstanding profit from day one. With the additional piece of mind of developer finance means this is truly a great investment opportunity.
Situated on the prestigious eastern side of Mactan Island, Blue Coral Resort and Spa offers visitor the tranquillity and beauty of a paradise island combined with the ease and convenience of being located within easy access to Cebu city and Cebu international airport the second largest in Philippines.
Blue Coral Resort & Spa covers approximately 10,000m² with private beach overlooking the crystal clear waters of the Bohol straits and Olango Island in the near distance.
The 195 room resort comprises of 95 studio suites, 25 two bed suites, 10 two bed pool villas and 10 three bed villas for private ownership with condominium title and offers additional facilities including 26 Spa treatment rooms, conference facilities, Restro bar, swimming pools, children's play area, shopping and a fully equipped and professionally staffed Gymnasium, diving school and water sports.
We have been advised by the developers of the following price rises for Blue Coral Resort and Spa.
-21st Jan 2009 increase by 7.5% making the entry level Studio £63,450.00
-21st April 2009 increase by a further 7.5% making the entry level studio £68,208.00
Properties
Facilities
Cebu is the traveller's dream of a tropical island come true - balmy weather, pristine beaches and luxurious resorts with all the frills of modern living.
Lying in the heart of the Philippine archipelago Cebu presents a pleasant discovery of its rich history, multifaceted culture and captivating people. It provides a glimpse of the country's glorious past, with a number of preserved historic relics. Mactan Island is located in the Bohol Strait off the eastern shore of the island of Cebu. Rectangular in shape, the low-lying coral island has extensive mangrove forests and offers some of Asians best diving; incredibly lush golf-courses. Modern shopping centres, fine-dining restaurants, lively entertainment centres; including casino, some of the finest powder-white beaches, and the renowned, exquisite charm and hospitality of the Cebuano people.
The Blue Coral Resort is a prime investment development and is being sold at an offplan stage.
Visits to the site are more than welcomed and a representative will be available to host investors and answer any questions they may have.
Flights and accommodation must be funded by the investors and GPS can arrange all of this for you.
Please contact us to discuss your requirements.
Purchase Options for -
Blue Coral Resort & Spa, Mactan, Philippines
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Cash Option -(0% interest)
First stage payment: 40% (30 days from reservation)
Second stage payment: 30% (roof level)
Third Stage Payment: 30% (hand over)
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Developer finance 10% APR (either 10 or 15 yr terms)
1) Deposit £2000.00/$3500.00
2) 40% down payment within 30 days of reservation
3) 60% (less deposit) on completion of hand over(financed)
4) Transfer of title remains property of Paradisya Land until last payment is complete
Rental return is payable 2 months after hand over, in monthly arrears
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Discounted Option - (5% discount)
First stage payment: 80% down payment within 30 days of reservation
Third stage payment: 20% on completion of hand over
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Due Diligence
You must be able to provide;
1)Bank statement
2)Salary slip
3)Confirmation that you can afford to pay the loan
4)Set up payments with Allied Savings Bank, bank account to be confirmed