Sunday, September 23, 2007

Own a slice of Boracay with DMCI Homes' Alta Vista






Own a slice of Boracay with DMCI Homes' Alta Vista

You’ve always felt at home each time your bare feet touches the powdery fine sand of Boracay. Its glistening blue water and colorful island flavors entice you to relish each travel experience in this tropical paradise that’s unique to this part of the archipelago. Now, you can actually come back to Boracay and claim a piece of its beauty – in a home that you and your loved ones can claim as truly yours.
DMCI Homes recently unveiled Alta Vista de Boracay – the biggest condotel-residential development in Boracay designed for tourists and local travelers alike as a second home in one of the world’s most ideal locations.

A festive activity, aptly dubbed “Cool Summer Nights” was recently held at the Alta Vista – Manila Showroom in the progressive city of Taguig, to
celebrate the launch of another premier development by DMCI Homes. Following a “Boracay vibe” theme, DMCI staff and guests were garbed in chic summer wear while the sales office was adorned with tropical flowers to simulate the feel of a beach setting.

Fr. Valentin Sotero Jr. started the program with a mass and blessing of the Alta Vista de Boracay’s Manila sales office and model units, with guests joining in to be part of another momentous event for DMCI Homes. Alta Vista de Boracay is the company’s first venture in the emerging field of leisure-residential development.

After the ceremonials, sumptuous cocktail treats were served by Bizu, while the Tribu Carlotta Band provided island music as backdrop to the festivities. Kids had a blast lining up to get Henna Tattoos – a popular activity in Boracay. The adults meanwhile enjoyed free massages and the scintillating fire and ribbon dance performance of the famed Planet Zip Dancers – another “fiery” attraction often seen at the island. A grand fireworks display capped the night – a “cool” evening in the middle of summer which excited everyone about their fond memories of Boracay.
With the opening of Alta Vista de Boracay, vacations will be translated into daily experiences, in the biggest condotel-residential community in Boracay that offers a private, secured resort experience – anytime of the year.

Set near world-class golf resort Fairways & Blue waters, as well as the exotic grounds of Shangri-La, Alta Vista de Boracay is comprised of 18 elegant buildings, all gracefully spread out across a 4-hectare wide landscape. Its hilly terrain provides unit owners and guest complete privacy and tranquility so they could relax and unwind while on the island.

Each building is strategically designed so that every unit has a breathtaking view of Boracay. Building features are both exclusive and first-rate: Three-storey walk-up, 10 units per floor, single loaded corridors for optimum privacy, central atrium that lets in natural air and light, ample water supply, and perimeter fence with 24-hour security. The architecture is inspired by Southeast Asian influences, lending the entire community a relaxed and tropical feel.
Located at Brgy. Yapak, in the northern part of the island, it is a few minutes away from White Beach and Puka Beach. Within the community however, guests won’t find the need to leave because of a full range of resort-hotel amenities: A sparkling Infinity Pool, beautifully landscaped gardens; a contemporary clubhouse with its own main reception and dining Area, game room, lounge area, spa, viewing deck, business center, audio-visual room and snack bar. A private shuttle service van is available for unit owners’ use, so they can move about the island with complete ease and freedom.

Unit buyers are presented with two stylish unit designs to choose from: Panorama (45 sqm), a cozy studio with inviting interiors, and Pinnacle (62 sqm), a loft with a contemporary use of space.

Alta Vista de Boracay was developed for full nesters, active adults, balikbayans, and investors, not only as a vacation home but also as a very sound investment. Through a Leaseback Program, unit owners will get as much from their investment as possible as an additional source of income. The Condotel unit they procure becomes part of a pool of units that will be rented out by a professional Hotel Management team, while their owners are away.

It’s another perk to enjoying a slice of the island life. After years of merely dreaming about owning a beach home, Boracay can now be your own address.

DMCI Homes is the only Triple A builder/developer that provides premium quality, urban friendly, fully-serviced communities to young middle income families. For inquiries on Alta Vista de Boracay and other DMCI projects, please call 00639194827899 or visit www.realtyphilippinesonline.com
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Monday, September 17, 2007

Your Pleasure Paradise in one of the World's BEST vacation SPOTS - ALTA VISTA DE BORACAY






Good day Kabayan!

ALTA VISTA DE BORACAY a DMCI HOMES projects the only Triple A Contractor in the Philippines, you are assured on its company stability, quality and efficiency.

MAKE YOUR PLEASURE YOUR BUSINESS........ Discover how great a Boracay Residential Condotel can be - a lease to own investment.


DMCI offers a LEASE BACK program.It is a program wherein you assign DMCI to manage your condo and rent it to other travelers on a daily basis. You and DMCI will share the rental income. Thirty percent (30%) of the rental goes to you and 70% goes to DMCI to cover for the housekeeping, maintenance of your condo, utility bills such as Electricity, Water, etc., and Management fees.

That you get to STAY and ENJOY in your unit for 15 days FREE of each year (PLEASURE), and EARN for the rest of the years. It would be rented out to other travelers while you’re away (YOUR BUSINESS). The hotel operations will be managed everything by DMCI HOMES; no effort is required from your part. All you have to do is collect your share.
We at DMCI have your best interest in mind, we know that want to own a Boracay condo unit because you want to have a rest house in a Paradise Island, but normally you would not have the time to stay all year, that is why, as an owner, you can stay in your unit for FREE for 15 days each year, the rest of the time, we rent it out.

You get your FREE vacation stay each year, and you are likewise OWNING a BEAUTIFUL CONDO in an ISLAND PARADISE BEACH, all at the same time.

So enrolling in the Leaseback program is a great idea, knowing you have 15 days to enjoy Boracay for a vacation, and the rest of the time, its making money to pay for itself.

The rental income projection computation is based on Current Rental Rate, meaning the yield can be higher when the Resort rental rates in Boracay increase in a couple of years or so. And while the rental rate increases, your monthly amortization is at a fixed rate. Therefore, you make can more actual revenue than what is projected. And once your Condo UNIT has been FULLY PAID, then you make MORE a month on your CONDO Investment because you have no more amortizations to pay, your rental profit share is yours to keep.How much is the occupancy rate? It is projected to be at 60%-70% occupancy rate. As we all know Boracay is one of the Top BEACH destinations' in the world.

READY FOR OCCUPANCY by DECEMBER 2007! This YEAR! That's this year, meaning your condo will start self-liquidating almost immediately.
Alta Vista de Boracay is a four (4) hectare prime Leisure-Residential land development located at the Boracay Island, Coast of Panay in the Philippines. Dubbed and was name as one of the BEST BEACHES in the World. The Boracay Island boasts of 4 Kilometers of pristine powder-like sand of crystal clear blue waters.
Alta Vista de Boracay is a neighborhood of 18 elegant, Southwest Asia inspired mid-rise buildings. Situated in the northern part of Boracay Island near Barangay Yapak, it’s only a few minutes from White Beach, the most famous and busiest stretch of sand in Boracay, and Puka Beach, a secluded spot where you can relax in refreshing solitude. In this luxurious Resort you have a choice of owning a Residential Condominium which you can freely enjoy to yourself and become a local resident all year round, or own a Condotel Unit which you can enjoy using 15 days a year and lease out to other travelers the rest of the year, for a profit. Alta Vista De Boracay offers you two kinds of Units.


1. The PANORAMA, a 45 square meter FULLY FURNISHED STUDIO
2. The PINNACLE, a 62 square meter FULLY FURNISHED Loft
Kindly click on the links to see the Computation:

Panorama: http://boracaycondotel.com/wp-content/uploads/panoramaprice.htm

Price: Php3,418,000.00 Area: 46 square meters Watch a video of the Model Unit http://youtube.com/watch?v=P3rx0t2aQ3Q

Pinnacle Loft http://boracaycondotel.com/wp-content/uploads/pinnacle.htm
Price: Php4,300,000.00 Fully Furnished Area: 62 square meters Watch a video of the


Occupancy by December 2007
http://boracaycondotel.com/?page_id=26

PANORAMA is 45 sq.m. FURNISHED Lower Ground: P3,355,000.00 Upper Ground: Php3,418,000.00 PINNACLE LOFT is 62 sq.m. FURNISHED Second Floor Php4,178,000.00 10% DISCOUNT for CASH INVESTMENTS!

-Full furnished condotel units
-Main pavilion reception/dining area
-Game room for indoor activities
-Lounge area
-Hair and nail spa
-View deck
-Business center
-Audio/video room
-Snack bar
-Infinity pool
-Lndscaped gardens
-Cable TV and telephone lines
-Security

DMCI Homes, the Country’s only TRIPLE A builder/developer has been providing Filipinos with very affordable homes matched with affordable payment schemes. Premium quality, urban-friendly, and full-serviced communities for over 50 years has always been a priority in every single project, from day one of conceptualization until completion, and beyond.

Founded by David M. Consunji, DMCI has more than 50 years of experience and unprecedented excellence in the building industry. The organization has created hundreds infrastructures that are considered part of today’s landmarks. These demonstrate the expertise and competence that DPMI’s creative and engineering groups possess and have been known for ever since.

To further substantiate what has been mentioned above concerning the organization’s proficiency, kindly take note of a few very notable structures which they have endeavored themselves in:

Makati Shangri-la Hotel
(Ayala Ave., Makati) Mactan Shangri-la Hotel
(Mactan, Lapu-lapu City, Cebu)
Manila Hotel
(Rizal Park, Manila)
The Westin Philippine Plaza (CCP Complex, Roxas Boulevard, Manila)
Ascott (Formerly Oakwood Premier in Makati)
Ayala Tower I (Ayala Avenue, Makati)
Rockwell Center (Makati)
Cultural Center of the Philippines (Roxas Boulevard, Manila)
The New Istana Palace (Sultan's Palace, Brunei, Darussalam)
Asian Hospital and Medical Center (Filinvest Corporate City, Muntinlupa)
Etc.

DMCI branched out to its housing division, DMCI Homes, in 1999. Since then, it has built the most comfortable resort-life compounds and condominiums for city residents. Now it's venturing into its first leisure-residential development with Alta Vista de Boracay.

DON’T YOU THINK CONDOTEL IS A WISE INVESTMENT? Paying your monthly amortization from its own income.

Select YOUR Unit NOW, and ENJOY a BORACAY VACATION in your OWN Condo unit this coming summer! Select between a Panorama Unit or Pinnacle Loft Unit Now. Come and let us give you a free tour of how we transform dreams into reality and get ready for a supreme experience.
I will be glad to address any concerns you may have in making a very sound investment.


Thank you. INQUIRE NOW!!!

Your property consultant,
Janet C. Borja
Mobile: (0063) 919-482-7899 / 922-364-8798
YM: anginett888
EMAIL: anginett888@yahoo.com /janet@realtyphilippinesonline.com
Please help to share this information to your friends and family.
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WHAT IS CONDOTEL CONCEPT?

Condo Hotels are sometimes referred to as “Condotel” or Condo-Hotel” However, they are not time shares.

A condo-hotel offers anyone the opportunity upon purchase, and obtains full ownership to own a furnished condominium in the island of Boracay. As a unit owner of the condo-hotel, he is entitled to a deed to the property and has access to all amenities of the hotel including its restaurants and spas.

A “condo hotel” or condotel is a condominium project that has registration desks, that offer short term occupancy, food and beverage services, daily cleaning services and that is operated as a commercial hotel even though the units are individually owned.

What is the condotel advantage?

As the unit owner, you have the option to use your condo hotel unit when you choose. As a condotel enrollee, when you are not occupying your suite, you have the option of placing your unit in the hotel’s rental management program to which you can expect to receive a percentage of revenue. The management company is responsible for housekeeping, maintenance and rental services.

How does a condo-hotel differ from timeshares?

This is not a time share. You possess whole ownership. At a time share vacation destination you are a very small owner of the property only enlisting a right to use. When you own a condo hotel you are the only owner and receive and actual deed to the property.

How does Alta Vista Condotel Operate?

Alta Vista, upon condotel operation and commercialization, will generally operate like a resort-hotel due to its amenities. Alta VIsta will allow a 15 day free use and at 40% discount on room rates during peak season. 3 week advance notice is required to condotel operator to properly manage the room’s availability.









Having Alta Vista run by a professional operator, unit owners need not worry about maintenance, housekeeping and other concerns or problems common in conventional leasing.

Who will operate Alta Vista upon hotel operation and commercialization?

Alta Vista’s hotel operation shall be managed separately by a professional team or operator. Common responsibilities of the operator include the room reservations and marketing, accounting & general housekeeping and maintenance, food and beverage operation and concierge services.

How can my unit be qualified to enroll under the Lease-back Program (rental pooling)?

Upon turnover of Alta Vista condotel unit, they may immediately lease-back their unit to the condotel/hotel operator and the enrollment process will be conducted by their Lease back team

What is the minimum period of having Alta Vista condotel units enrolled in the lease-back program?

The minimum period you can have your unit enrolled in rental pooling is five (5) years.

How many days in a year can I use my condotel unit for personal use? Is it Free?

Unit owners may use their condotel units for 15 days a year free for the first two years. In excess of the free use owners are still extended a 40% of the regular rental rates. However, your payment will be included in the computation for rental revenue share and will be deducted on your monthly rental income.

If a unit owner uses his unit more than the allowed number of days in a year, how does this affect their share in the rental income?

Under normal practice, the unit owner will have to pay the regular rental rates when they use their unit in excess of the allowed number of days. However, your payment will also be included in the computation for rental revenue share and will be deducted on your monthly rental income.

What will happen if the unit owner was not able to utilize his fifteen (15) day benefit in a year?

Since the enrolled unit was unused, the unit shall continue to generate income as part of the rental pool program.





How does Alta Vista Condotel differ from Timeshares?

At a Timeshare Property, you are only a co-owner with a right to use the property for a certain period of time. When you own a unit at Alta Vista, you posses whole ownership of the condotel unit evidenced by a Condominium Certificate Title (CCT).

How does owning an Alta Vista condotel unit differ from owning a condominium unit?

As an Alta Vista Condotel unit owner you have access and to the general amenities of the Condotel Pool, Spa gym, etc. The enrolled condotel unit forms part of the rental pool and therefore allows for income to be generated.

How does the Lease-Back Program work?

Alta Vista will follow a percentage sharing of 30% for the unit owners and 70% for the hotel/condotel operator. Enrolled unit owners may receive monthly income based on the size of their unit regardless of whether said unit was leased or not. This is because Alta Vista will pool together its entire total income from rental operations and distribute this to unit owners according to the percentage sharing based revenue.

Are there any Association Dues or Rental Management Fees to be paid once the condotel unit is enrolled under the Lease-Back Program (rental pooling)?

Once a unit is enrolled in the Lease-Back program, the condotel/hotel operator shall take care of the association dues, maintenance and security expenses to the Alta Vista’s Property Managements Office.


Are there additional expenses/fees a unit owner must pay upon enrollment in the Lease-Back Program?

A joining fee is required to be paid by the unit owner upon enrollment to rental pooling. The joining fee will serve as the working capital to upgrade the rooms to hotel standard.

If repairs are needed to be done in the unit of the owner, will it be shouldered by the condotel operator?

Only minor repairs shall be shouldered by the condotel/hotel operator.




If a unit owner decides not to enroll his unit under Lease-Back Program, will the unit owners be charged of association dues and other fees?

Yes, if a unit owner decides not to enroll his unit under rental pooling, the owner will be charged with the condominium corporation joining fee as part of their equity, association dues. This will be handled by the property management office during the turn over process.

What are the other expenses to be paid by the unit owner upon purchase of a condotel unit?

Generally the Electrical service deposit, Temporary Power bond and other miscellaneous Fees (title transfer, documentary stamp tax etc.), Real Estate Property Tax and Insurance shall be on the account of the unit owner.

Can unit owners and guests cook inside their unit?

If enrolled under rental pooling, guests cannot cook inside their units. However, if unit owners do not enroll their unit under rental pooling and intend to use it for long-term residential purpose, it is their prerogative to cook inside their unit. However only electrical cooking facilities can be supported by the unit (i.e. electric range; microwave ovens are allowed. Any other cooking facility will be prohibited for safety reasons.)

OTHER POSSIBLE FAQ’s

What are the benefits in owning a condo hotel?

These types of developments can offer enhanced financial returns when owners choose to place their units in a rental program. The revenue from being in an organized rental program may help defray the owner’s expenses. During periods in which owners are not utilizing their units, the operator manages the condotel.

Value Product: The original developer intends to sell the units; and potentially increase its unit value over time; thus features are generally added to enhance the appeal of the units to potential buyers. This could include hotel like features like restaurants and spas, health and fitness centers, business centers and other amenities.

Am I assured of guaranteed profit with my Alta Vista Investment

There is no guarantee; however with the foreseen tourist influx in Boracay there will be a high demand for rooms, the potential to have a constant rent opportunity is promising. Profitability will depend on a number of factors such as seasonality, marketing and operational efficiencies. It has to bee seen from the perspective of the viability of the whole island as a major tourist destination.