The first edge coaster and sky walk in asia

the unique investment

2009-03-29T03:07:00.000-07:00

USD 44,444 ONLY
Payment Options:
10% down payment in cash USD 4,444 ONLY
90% of the contract price USD 40,000 payable in 4 years with 0% interest (USD 833 monthly amortization)

Condominium Building Description:
400 Studio type condo units. unit area ranges from 28 square meters to 66 square meters. This condo building is 33 storeys high including one (1) floor commercial spaces, three (3) floors for parking spaces and the condo units from 3rd floor to 33rd floor.

As a unit owner, you can receive Lifetime income from this affordable real estate investment, because this condo building will be run as a hotel by Crown Regency Hotel. As a unit owner, you can also enjoy your overseas vacation every year in your unit and also any of the Crown Regency hotels.

The projected return of investment or the yield of your investment is at least 20% per annum base on 60% occupancy. Plus it’s definitely a worry free lifetime investment which will bring you the solid income and vacation lifestyle! Lifestyle Club Ultima Membership

*As a unit owner, you can enjoy the following benefits with us:

1. Club Ultima Membership
As an Ultima Residences investor, you are also the lifetime member of Club Ultima which is located in Cebu City and in the future in Manila, Bohol, Baguio and other famous tourist destinations in the Philippines. You can enjoy your Club Ultima membership privileges in Club Ultima and any of the Six (6) Crown Regency hotels which are located in Cebu City, Makati City, Davao City and in the future in Boracay, Baguio, Bohol and other famous tourist destinations all over the Philippines.

2. Integrated Club Lifestyle Environment for you and your family
Living in the condominium of Ultima Residences, all the business, leisure and entertainment facilities are within your reach:

I. Business Facilities

Audio-Visual / Media Room
Conference Room / Boardrooms
Legal Consultants-On-Call
Communications / I.T. Network
Courier Services
Cyber Café
Crown Regency will devote one whole floor to augment Club Ultima’s Business Center.

II. Leisure & Entertainment

Aqua Fitness Pool Japanese Restaurant – Kotie
Chinese Restaurant – Wang Shang Lo
Grill Restaurant – Mr. Grill
Fitness Center – Power Gym & Metro Sports Center
Beauty Center – Prana MediSpa & Tower Salon
Health Horizon – Full range of modern health-monitoring equipment and devices and machines in the 7th & 8th floor of Crown Regency Hotel & Towers
Casino –Soon in Crown Regency Hotel & Towers
Vivo Gamezone – Soon in Crown Regency Hotel & Towers
Sky Lounge – Soon in Crown Regency Hotel & Towers
Club 36 – Soon in Crown Regency Hotel & Towers
Stratus – Soon in Crown Regency Hotel & Towers
Sparkz Restobar – Soon in Crown Regency Hotel & Towers
Sky Experience Adventure – Soon in Crown Regency Hotel & Towers
Sky Walk – Soon in Crown Regency Hotel & Towers (End of 2008)
Insanity Orbit – Soon in Crown Regency Hotel & Towers (2011)
Regeneration Suites – Soon in Crown Regency Hotel & Towers.
Crown Regency will devote one whole floor to Club’s recreation facilities and another floor to Children’s play station.

How do I invest in the Philippines?

2009-03-28T02:37:00.000-07:00

Foreigners may indirectly own land by investing in Philippine corporations registered with the SEC subject to the foreign equity restrictions for ownership of private land. Such Philippine corporations may then acquire the land for example, Ownership of Condominium Units.

Foreigners may indirectly own land by investing in Philippine corporations registered with the SEC subject to the foreign equity restrictions for ownership of private land. Such Philippine corporations may then acquire the land for example, Ownership of Condominium Units.

Can foreigners directly buy Philippines properties?

Unlike private land, foreign nationals and foreign corporations may directly own a condominium unit. However, the land on which the condominium building stands must be owned by the condominium corporation. When a person buys a condominium unit, he automatically becomes a member of the condominium corporation which owns the land. Under Philippine law, foreigners are allowed to become members or stockholders of the condominium corporation which owns the land, but only up to a maximum of 40% of the capital stock of the condominium corporation.

The transfer of a condominium unit shall include the transfer of the appurtenant membership or stockholding in the corporation. No transfer or conveyance of a condominium unit shall be valid if the concomitant transfer of the appurtenant membership or stockholding in the condominium corporation to a foreigner causes the alien interest in such corporation to exceed 40%.

Overseas Investments Advice Real Estate agents across the globe to boost their income through condo hotel investment sales

2009-03-28T02:28:00.000-07:00

Philippine Condotel Marketing Group Fuente Triangle Realty Development Corp. are taking advantage of the credit crunch by offering partnerships with real estate agents across the globe to boost their income through condo hotel investment sales.

Internet Marketing will drive the Philippine real estate market upwards says a leading real-estate Condotel marketing group and they poured cold water on speculations that the construction and real-estate sector in the Philippines is heading for a slump as they would be forced to increase their selling prices as a result of the current upward trend in the prices of steel and other major construction materials Hosting their weekly simultaneous web conference with international realtors and estate agents across North America, Australia and the UK on the topic “Effects of Global Construction Costs and the Philippines” the overseas marketing director of Philippine Condotel Marketing Group of Fuente Triangle reality development corp. said developers are forced to implement at least 20-percent increases in prices of preconstruction projects immediately and 15-percent over the next six months and this will have minimal effect on the industry in general and even less effect on the current market base for Condo Hotel investors.

If you know your trade and you are offering a good product “the market is here to stay so why rock the boat” they said, even as Philippine Condotel Marketing Group Fuente Triangle reality development corp. advised investors to become more astute in their choice of investments. “Common sense in today’s market dictates to look at the pricing trend of a preconstruction development; if the prices are the same today as they were 6 months ago chances are the project will suffer”.

“People have to realize that markets, especially in real estate, go in 10 year repetitive cycles. Compared to today’s situation, on world escalation in fuel and construction material costs, we have had far worse to contend with in the past two cycles the real-estate industry in the Philippines and South-East Asia in general, has experienced. It was by far worse times during the late ’80s and the devastating effects of the Asian financial crisis near the end of the ’90s with a very limited market base” said Philippine Condotel Marketing Group Fuente Triangle reality development corp.

With the arrival of the internet and communications technology, the whole world suddenly became our market in the Millennium. It is now a global market and with our Condo Hotel developments, sales volume from among near 10 million Filipinos abroad combined with foreign investors from Asia, Europe and the Middle East, remains on the increase.

In order to maintain sales momentum, current marketing trends simply have to change. If you compare the situation in the late ’80s to today, people forget the telex machine had just become redundant and communication was limited to sending a fax offer to buy real estate. A top of the line computer was Apple IIE. Cellular phones were few and far between and the internet was not even around. Ergo, Philippine real-estate investors were merely comprised of wealthy local Chinese businessmen.

During the late 90’s Asian Crisis, not many people used the internet. Now it’s 2008 and a very different ballgame. Today’s technology, unheard of 15 to 20 years ago, has for the most part contributed to sales and marketing efforts of developers and will continue to do so. It is the communication factor that will drive sales of Philippine real estate upwards through 2008 well into 2012 and beyond said Philippine Condotel Marketing Group Fuente Triangle reality development corp.

Now I receive daily calls and numerous emails from prospective buyers in Australia, Hawaii, New York, Doha, Dubai and the UK. I even get calls from clients located in Fiji and Mauritius. During the previous crisis years I didn’t get any. To maintain sales, its really a simple matter of being organized, having a great development to market with global appeal, an excellent developer, focus, mind set, intelligence, time, enthusiasm and dedication said Philippine Condotel Marketing Group Fuente Triangle reality development corp. whose company has been consistent top producer for the Crown Regincy Brand of Condotel Investments in the Philippines every year since 2000, to 2008.

Whilst some agents dwell on the number of Philippine properties bought by Filipinos based in the US has began to fall because of the credit crunch, it is a blow but not significant as there are new investment clients out there and we do not focus on the US as a sole marketplace for our sales said Philippine Condotel Marketing Group Fuente Triangle reality development corp.

“Global investors are looking to replace failed pension plans and other future saving schemes with a solid investment in real estate. Many are looking for investments that will give them an income for retirement. Savvy investors are now looking for a more solid investment with potential for monthly income and Philippine Condo Hotel investments are ideal because Philippine Hotel rates are the same if not more expensive than those in the US or Europe but the entry level to purchase real estate is only about 10% of what you would have to pay for a Studio in Manhattan” credit crunch or not they added.

There are also indications that the Russians may take up some of the slack. First-time Russian overseas buyers are now looking at South-East Asia and particularly the Philippines. Overseas property specialists based in the UK, have predicted sustained growth of at least 24% per annum in the Philippines, for the next 5 years.

Further fuelling real estate development is the fact the Philippines remains undiscovered as far as British and many European investors are concerned. Yet because of its close links to the US, English is widely spoken and it is well regarded for its people, affordable living, beaches and diving. It’s a whole new market enthused Philippine Condotel Marketing Group Fuente Triangle reality development corp. “Buying property here is easier than many people think and investment from overseas in tourism real estate is growing, especially in the resort areas of Cebu and Manila itself where rental potential is good”.

However, anyone considering Philippine Real Estate Investments should move at this moment and lock in at current price levels said Philippine Condotel Marketing Group Fuente Triangle reality development corp. Buyers whom reserve now can take advantage of current prices locked in for their units and see an immediate equity return on their investment said Philippine Condotel Marketing Group Fuente Triangle reality development corp.

experience the new edge coaster and sky walk in cebu city

2009-03-28T00:38:00.000-07:00

“It is totally safe.”

These were the four reassuringly confident words that Sky Experience Adventure general manager William “Bill” Killgore told us as we conquered our fear of heights at the Sky Walk Extreme.

Located at the 37th floor of the Crown Regency Hotel & Towers in Cebu, the Sky Walk Extreme lets thrill-seekers walk around the edge of the building, incidentally the tallest hotel structure in the Philippines. He said, “This is the first in the country and the 360-degree view is just awesome. It passed international safety standards, so don’t fear.”

The platform where Sky walkers would step on looked intimidating, but Killgore immediately, well, killed any more morbid thoughts that could arise.

He said, “For starters, the Walk can hold up to 5,000 pounds. There is a harness that will be strapped very securely around you. Even if you fall off, which is a long shot, you’re not going down. You’ll just hang for awhile. Besides, you won’t be doing the Sky Walk Extreme. There are guides who will walk along with you.”

Before we knew it, we were already in an orange jumpsuit and white sneakers being strapped to safety. The guides gave us a little briefing on safety and an added encouragement. Apparently, the deer-caught-in-the-headlights look in our faces had become embarrassingly evident.

When we finally stepped out on the platform and began our walk, we were instantly seized with a little — just a little — sense of panic. Remember, you have someone here suffering from acrophobia. Our guides humored us during our first few steps and very efficiently distracted this moment of agitation by pointing out the breathtaking view that was set before us.

Our jaws dropped at the magnificent scenery. We could see not just the whole of Cebu but even its neighboring islands and beyond. You want something as far as the eyes could see? The Sky Walk Extreme made sure ours did. We got too busy taking in the experience that we absolutely forgot about our fear. The adventure stroll turned out to be both comforting and exciting.

The walk around the building took around 15 minutes to finish, and our stunts included sitting on the edge of the platform while our feet dangled in the air, dancing on the ledge (yes, ledge dancing to the highest level), and being dared to look 37 floors down. Who knew that walking would give such an adrenalin rush?

Another kind of adrenalin rush was waiting in the form of the Edge Coaster. Found at the 38th floor directly above the Sky Walk, the interactive ride called Edge Coaster is the stuff man-on-the-street daredevils would instantly consider. It is the first ride of its kind in the world.

“Just like the Sky Walk Extreme, the Edge Coaster is very safe. It was done by Interactive Rides Inc., known for building the safest and most extreme thrill rides in the world. Their most famous work is the Stratosphere in Las Vegas,” Killgore said. The ride is securely held together by double-redundant restraint systems.

Think about it: the Edge Coaster moves around the edge of the building and tilts 55 degrees. Give it a try and feel like you’re hanging or in some instances, about to literally fall off your seat. Of course, the riders are provided with joysticks, so they could control the tilt level.