The Brief
Crown Regency Resort on Boracay Island consists of 457 fully furnished condominiums located near Boracay Police and Coastguard Stations. The resort is only a 3 minute walk to the beach at the Crown Regency station 2 resort and only a five minute walk from Bolabog beach.
The Opportunity at a Glance
- Prices from: £51,000
- Guaranteed rental yield
- Expected 12%+ rental yield
- 45 day free use
The Opportunity in Detail
Boracay Island is without doubt the next Asian property hotspot. With all the same strengths as Asia's other massively profitable tourism fuelled markets, which can therefore be used as a guideline for Boracay's potential, capital appreciation on these units is likely to hover around the 25% mark over the next 3-5 years, and that is on the resale market. The immediate gain once the resort is completed is likely to be between 20-40%.
But Crown Regency Resort offers a particularly special investment opportunity, because the properties can be taken under an excellent leaseback program, whereby the units are leased-back to the incredibly successful Crown Regency global hotel corporation, for a 50% share of the rental income.
50% may seem like a lot to pay, but no one will achieve the same levels of occupancy as the professional hotel outfit you will be leasing your unit back-to. And for example, on the lowest priced units, based on a 5000php nightly rate, on 60% occupancy of the 320 days left after owner use -- which is expected as part of the hotel -- the net rental income (after paying the 50% fee) will be £5,436,74 per year, which is around a 10% net rental yield. The 50% also covers the maintenance costs and association dues.
The Property at a Glance
- Fully equipped and serviced resort apartments
- The largest swimming pool in Boracay (2,800 sq.m.)
- 1800 capacity convention center
- Mermaid Performance Pool
- Laundromat
- Restaurants and bars
The Property in More Detail
Crown Regency is a fully equipped resort, amidst one of the fastest growing tourism areas of Boracay Island, which is one of the fastest growing tourism destinations in the world. Boracay's Crown Regency Resort is just 3 minutes from the beach at Station 2 resort and all the amenities there. It is also only five minutes from Boracy's gorgeous, Bolabog Beach. For those who worry about their safety in far flung destinations, the resort is also very close to the Police Station, and the Coastguard station. |