From: "vicki" 
Newsgroups: biz.marketplace.real-estate
Subject: CONDOTEL ADVANTAGE in Manila, Philippines
Date: Tue, 30 Jan 2007 14:17:07 -0700

Enjoy Hotel Living, 365 Days a Year! Lancaster the Atrium is the only 
residential CONDOTEL in the Philippines with an ATRIUM from the 2nd 
floor up to the Penthouse.

The "CONDOTEL" Concept

Pacific Concord Properties, Inc.'s projects are designed with Foreign-
Based Real-Estate Investors and End-Users in Mind.Lancaster unit 
owners have the option of enrolling their condominium units in a pool 
of units to be managed and operated as hotel rooms, known as the 
"Condotel" operation.

Income

The "Condotel" operation ensures that unit owners earn competitive 
Rental Income from their unit while they are not using it.

Flexibility

Condotel Unit Owners enjoy special Discounted Package Rates when 
checking-in to any of the Lancaster Condotels. Unit Owners may also 
choose to live in their unit for extended periods of time, or 
permanently, by pulling out their unit from the "Condotel" pool. 
(Conditions Apply)

Completely Hassle-Free Property Management and Rental Income

Lancaster Unit Owners in the "Condotel" pool enjoy totally Hassle-Free 
property management. The Professional Hotel Management Operator will 
ensure the complete maintenance and upkeep of the units enrolled in 
the "Condotel" Pool. A complete array of Hotel Services are also 
available for both hotel guests and residents, such as Housekeeping, 
24-Hour Telephone Operator, Laundry, Concierge and Hotel Car Services. 
(Service Fees May Apply)

Total Property Management

Lancaster Unit Owners in the "Condotel" Pool will enjoy Total Property 
Management.
Every billing concern such as association dues, special assessments, 
and other fees/charges is deducted from the Gross Income of the Unit. 
Under Philippine laws, the Gross Income of the Unit is subject to 
withholding tax which is currently at 5%. The unit owner just waits 
for the Net Income each Month, regardless of where around the globe 
the unit owner is residing. (Conditions Apply)

Fair Distribution of "Condotel" Income

The Professionalized Lancaster "Condotel" concept ensures fair and 
equitable distribution of the "Condotel" income. The Gross Income of 
the Unit is computed by getting the Condotel Gross Room Revenues, 
Deducting the Total Cost of Operation, Financial Charges (if any), and 
Taxes to get the Net Revenue which is then Divided by the total square 
meters of the units in the "Condotel" pool. Thus, All of the unit 
owners enrolled in the "Condotel" Pool will receive the same income 
per Square Meter, per month regardless of actual unit usage.

Riding the Tourism Boom

The Philippines is currently at the onset of one of the biggest 
Tourism Booms in Philippine History. This will create a large demand 
for Hotel Rooms and increase the Hotel Room Rates especially in key 
areas such as the Mandaluyong/Ortigas Central Business District and 
Cebu, where the Lancaster Developments are located.

PCPI Contact Information

LOOK FOR      :   VICKI ORTINERO
	           Marketing Manager
                           +639167657747
                           (632) 534-2030

email               :    vicki.ortinero@gmail.com

Manila Office    :
                            2nd Floor JTIC Building
                            622 Shaw Blvd. corner Samat St.
                            Mandaluyong City, Philippines 1552
                            Fax No.: (632) 718-1828

 Please visit the website at www.pacificconcordproperties.com. If you 
have any inquires pls feel free to email me and i will respond to you 
as soon as possible.