This isn't run by the Cosmopolitan Las Vegas, but it's as good as it can get. This webcam is mounted on the Polo Towers (a timeshare building). It's their view of the Las Vegas strip, but it clearly shows the front of the Cosmopolitan, and about 3/4 of the Beach Tower at the Cosmopolitan

Enjoy

http://www.polotowers.com/strip_cam.html

Looks like the sale of the Cosmopolitan Hotel may be finalized, according to the Real Estate expert Robin Leach?

Actually it's my understanding that Robin Leach has a deposit on a unit at the Cosmopolitan, so he might actually have an inside track into what's going on.

You can read more about it here

http://www.lasvegasweekly.com/blogs/luxe-life/2008/may/29/--rocks-cosmopolitan-focus-sale-chatter/

Philippine based Condotel Developer PCPI acquires additional condo units for its Lancaster Cebu Resort Residences Condo Hotel Operations to meet rising demand for short term accommodation in the central Philippines

Beth Collingz, International Marketing Director of PLC Global an internet based sales and marketing company and lead marketing partners with Pacific Concord Properties, Inc., for the Lancaster Brand of Condotels in the Philippines, recently announced the company has acquired by purchase an additional 27 units in its Lancaster Cebu Condotel adding another 75M pesos to its project inventory and expansion program. This brings the number of properties held in the development to 75 suites with another 120 units to be added before year end for Condo Hotel rental operations.

Property is all about LOCATION said Collingz. Mactan, Cebu, provides one with both the laid back pace of provincial living, as well as prerequisites of the urban dweller. Schools, hospitals, restaurants, shopping malls, and leisure are all found on the island itself.

Lancaster Cebu Resort Residences, located a mere 3 minutes from Mactan-Cebu International Airport, provides you with easy access to all the essentials of urban living. This ideal location will complement the Condotel operation since Lancaster Cebu will function as a condominium hotel – a preferred accommodation choice of businessmen and holiday travelers alike. Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. We have Fully Furnished Executive Studio Suite and Two-Bedroom Suites available at Lancaster Cebu Resort Residences at Pre-Increase Prices that will be “Ready For Occupancy from September 2007”… at the current price said Collingz.

Fully furnished Studio Suites are priced at -Pph-2,753,924.06 and may be purchased with initial Reservation Fee -Pph-100,000.00 Balance Payable without interest over 24 consecutive equal monthly payments of -Pph-110,580.17 [Tax Inclusive]. Alternatively Save -Pph-106,156.96 by making Reservation [-Pph-100,000.00] then within 30 days 40% Net Down Payment of -Pph-955,412.70 with resulting Balance payable without interest over 24 consecutive equal monthly payments -Pph-66,348.10. Another option, Pay Cash and take 10% discount [Save -Pph-275,392.40] Pay the Reservation Now [-Pph-100,000.00] and the Cash Balance within 30 days [-Pph-2,378,531.66] for an Effective Total Cash Price of -Pph-2,478,531.66. This Suite many also be purchased on Five Year Payment Terms through our no qualification “In-House” Finance with 15% Down Payment.

Whilst, fully furnished 2 BR Loft Type Suites are priced at -Pph-5,467,004.14 and may also be purchased with an initial Reservation Fee of only -Pph-100,000.00 with the Balance Payable without interest over 24 consecutive equal monthly payments of -Pph-223,625.18 Tax Inclusive. Alternatively Save -Pph-214,680.16 by making the Reservation -Pph-100,000.00 then within 30 days 40% Net Down Payment of -Pph-1,932,121.50 and resulting Balance payable without interest over 24 consecutive equal monthly payments –Pph-134,175.10. Another option, Pay Cash take 10% discount [Save -Pph-546,700.41] Pay the Reservation Now [-Pph-100,000.00] and Balance within 30 days [-Pph-4,820,303.73] for an Effective Total Cash Price of -Pph-4,920,303.73. These Two Bedroom Fully Furnished Suites many also be purchased on Five Year Payment Terms through our no qualification “In-House” Finance Available with 15% Down Payment.

Collingz said Lancaster Cebu Resort Residences is also offering Studio and 2-Bedroom Fully Furnished "Ready for Occupancy" Suites on daily, weekly, monthly or yearly lease rental terms. Whilst some renovation works are still ongoing within the complex, unit rentals are now available to guests at 'Special Promo Rates'.

Cebu City is the acknowledged gateway and Queen City of the South. Cebu is the most important trading and commercial hub outside of Metro Manila. Mactan Cebu International Airport assures the arrival of a steady stream of international flights from Amsterdam, Frankfurt, Singapore, Hong Kong, Tokyo, Kota Kinabalu, Seoul and Qatar. There are also chartered flights from Incheon, Taipei, Kansai, Nagoya and Kiaoshung that arrive on a weekly basis. Cebu is identified by Asiaweek and Conde Nast Traveller as one of Asia’s Best Cities.

For Condo rentals in Cebu check out our rentals website: http://www.condotel-rentals.com for info.

For more information, specifications and reservations please do not hesitate to contact us:

Beth Collingz- Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

UK Hedge Funds and Real Property Investors are looking away from concentrated property areas like Paris and London's West End to other markets all over the world, and Philippine Condotel or Buy to Let properties fit the bill a new report states

PLC International Marketing Networks has revealed that some institutional investors are trying to diversify their property portfolios through areas like Southeast Asia, China and beyond - with the Philippines heading the list, then Thailand, Japan, China, and Singapore property investments featuring in some portfolios.

In the UK, "Investors are moving to new areas to find value" said Beth Collingz, Global Marketing Director of PLC International Marketing Networks based in Metro Manila and Cebu in the Philippines. "More and more of clients for Condotel Investments are coming from the UK. There has been a distinct market shift from US based clients over the past few months and we see that trend continuing over the winter months of 2006 and on into 2007 has Sterling continues its increase in value over the US Dollar.

“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, specially UK Housing prices, and the easy payment options available for our Condotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condotel Investments where they can use the Condo for vacations and rent it out through our In-House Condotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit”

Metro Manila remains a popular choice with international buyers and institutional investors. Collingz says clients tell her that it makes more sense to buy in a year-round vacation destinations and business centers. Lancaster - The Atrium Condotel developments by Pacific Concord Properties located in Shaw Boulevard, Metro Manila - fits the bill with all it offers to International buyers.

Accessibility is also a factor. “Flights from London to Manila, for example, average just 16 hours, add to that the many airline specials and it’s easy to see why this area is becoming an international community.” Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it’s flagship Lancaster Condotel Developments fit’s the bill

Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites Manila, one of the Hottest Investment Opportunities in the Philippines said Collingz.

For further info regarding Lancaster Philippines Condo Hotel Investments please do not hesitate to contact us....

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc.,
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

Well.. The Honua Kai project in Maui on the famed Ka'anapali beach seems to be rolling right along selling another $100 million in units this pass week. Looks like they should be selling out the Konea tower shortly. I think the prospects for this Hawaiian property are much better than those of it's Las Vegas counterparts, in that there isn't nearly the competition in Hawaii, and there is only so much prime beach front property available. (whereas there is a lot of desert)

You can read more about the Honua Kai's success here.

http://www.emediawire.com/releases/2007/5/emw527759.htm

I just received a FEDEX package today with my reservation deposit refund check and a letter from the Edge-Star Residential LLC regarding the demise of the W Las Vegas resort www.wlasvegas.com. An excerpt from the letter follows:

"Re: Cancellation of the W Las Vegas Residences Project

Thank you for your interest in the proposed W Las Vegas Residences project. We have all been working diligently since late 2004 to move the project forward, but conditions in the Las Vegas area have become quite challenging for developers. Construction costs and financing requirements have grown considerably as we have pursued the development of this project, and it has become extremely difficult to successfully get the costs under control in order to make a proposed project such as ours feasible. As you are likely aware, many proposed projects in Las Vegas are either going on "hold" or being canceled.

We appreciate your patience as we have attempted to deal with these issues. Unfortunately, after thorough analysis and discussion, we have decided to cancel the proposed W Las Vegas Residences project. Our contractual license to develop the W Las Vegas expires on May 18, 2007. This letter serves as official notice of cancellation of the proposed project and written notice of termination with respect to the W Las Vegas Residences Reservation Agreement(s) you executed (the "Reservation Agreement(s)") as well as the reservation(s) you had with respect to the proposed project. As stated in the Reservation Agreement, the agreement may be terminated at any time either by you or by us. We enclose a check constituting the amount of the reservation deposit(s) you provided under the Reservation Agreement(s), as well as interest on the deposit p to and through May 4, 2007.

We know that you, like us, are disappointed. We understand your disappointment, as we sincerely wanted this project to move forward and become a reality. We regret that several years of hard work by a talented team could not overcome the significant financial factors that are present right now in this area."


That's it, it's over. Personally, I was looking forward to owning a piece of such a trendy/hip establishment, but it wasn't meant to be. I wonder what will happen now to other projects that are either on the way or just about to start (the ones that come to mind are the Cosmopolitan and the new Trump Tower). Guess we'll find out soon enough.

Mike

People are beginning to catch on. A year or so ago, few people realized that they could manage their IRA investment portfolios themselves, and even fewer knew that they could invest their IRA retirement money in something other than stocks and bonds. As of last year, finance and retirement experts suggest that approximately 2% of the nations $3 trillion in IRA investment is stashed in real estate and other non-traditional investment vehicles. If you’re considering using your IRA savings to invest in real estate, there are some excellent reasons that you should choose Philippine Condotel Investment real estate to drive your retirement portfolio into high profit margins.

Beth Collingz, PLC Global Marketing Director for the Lancaster Brand of Condotels in the Philippines, said “Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.S. have soared astronomically in the past decade, the world real estate market is a far different story. It’s still possible to buy a preconstruction Condotel suite at Lancaster – The Atrium located in Metro Manila, Philippines, for less than $50,000”.

Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes [at current purchase levels] of some 12-16% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

“The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A $50,000 Condotel suite may set you back $200 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and the 12-16% returns through rental income through the Condotel advantage, you have an incredible ROI on a purchase of Philippine Condotel investment real estate” enthused Collingz.

What’s the downside about owning Philippine Condotel Investment real estate as an IRA investment? You cannot reside at your investment property as long as the IRA retirement account is titled as the owner of the property. The self directed IRA rules about benefiting personally from your IRA investments are strict - you are not allowed to make use of any property owned by your IRA, or you risk losing its tax-protected status and worse yet you could face penalties from the IRS. You can, however, rent out your IRA investment for steady income - putting the profits and cash flow into your IRA, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the IRA.

If you’re looking for an unusual and high earning investment for your IRA, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your IRA earnings into high gear.

Global Life Management, Inc., PLC Internationals Marketing Partner based in the U.S recently announced its Self-Directed IRA Affiliate Program Available to US buyers of the Lancaster Brand of Condo Hotels in the Philippines.

With the impending slowdown of the U.S. housing market and failing pension plans, many investors are turning to using their IRAs to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed IRAs to invest in the Lancaster Suites Atrium Tower preconstruction units.

With preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many IRA and Pension Plans offer for the same or similar investment.

Jeffrey Clarke, President of Global Life Management, a company specializing in Philippine businesses and investments, is now offering its affiliate program to interested clients based in the U.S, announced that “We handle all the paperwork, answer any client questions and can even setup a LLC driven IRA with checkbook control – all for a price $1,775 less expensive than our major competitors.

“We’re finding clients, who previously were undecided, are now very interested in using a Self-Directed IRA to purchase a Condo Hotel unit. Not only can they qualify for the 20% discount, in many cases, but they are excited to learn they can earn rental income tax-free or tax-deferred, saving them tax dollars on capital gains”; says Jeffrey.

Beth Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. “Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill”

This potential, high rates of rental returns from Condotel Investments, currently from 12% up to 16% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around looking for normal residential profile “buyers” without looking at the by far bigger picture of investments, investing and retirement. "We’re here to help our clients, educating our clients and advising them of emerging investment opportunities. Self-Directed IRAs and the Lancaster Suites Atrium Condotels, fit this bill exactly”; adds Jeffrey.

GLM is a global investment consulting company, specializing in educating its clients on emerging investment opportunities, metals, currencies and self-directed IRAs.

For further info on investing your IRA or 401K in Philippine Condotels please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]

Pacific Concord Properties Inc [PCPI] is a trendsetter in the Philippines real state development market. Conceptualized in 2001 with an aim to provide full quality service specifically geared toward the Philippine middle market residential and office requirements, PCPI is continuously endeavoring to lead the way to world-standard buyer security and protection for the local market.

Inspired by the vision and leadership of its founders, the company is making inroads in showing the way that building homes and buildings can be regulated in order to protect both the interests of buyer and developer.

Pacific Concord is the joint vision of Ron Lim and Jeff Finney. Finney is a property investments consultant with many years of deep experience in marketing, investing, developing and propagating property. He has worked with industry greats like Knight, Franak and Bailleau as well as L & D of China. He is well grounded on building marketing and developments as well as property management. Ron Lim on the other hand is a mechanical engineer by vocation but with a marketing man’s feel for the wants of buyers. He seems to instinctively know what the market is looking for and is always well prepared to give it to them. Ron and Jeff have successfully marketed and promoted several real estate developments not only in the Philippines but in Hong Kong, Japan and North America as well [Canada included].

Ron and Jeff conceptualized pacific Concord to be responsible to the current fluctuations in the Philippine real estate market. They have developed and aimed PCPI to tap the middle sector and create a niche in an untapped sector of the market.

Today, Pacific Concord is proud to be establishing a custom and reputation for excellence. Pacific Concord defines the company as addressing the way a buyer wants to live at a cost that generates value for money. For PCPI, this means that a full-time commitment to giving our buyers much more than the personal attention and product that they deserve.

A home is the single most important investment that a family can make; most especially in the Philippines a home may represent the investment of a lifeline. As such, Pacific Concord Properties has a long-term commitment to all its buyers and investors. When someone trusts a company with their lifetime savings, the company has a moral responsibility to fulfill and maintain the confidence that their buyers have invested in them. This is PCPI’s dedication to its public – a lifetime assurance to a long-term value.

It is the company’s firm belief that the buyer’s peace of mind is always the most important aspect of any real estate transaction. This is not only PCPI’s priority. It is their mission and vision to build relationships with people and not just buildings.

PCPI aims for long-term, total buyer satisfaction that is initialized with the sale and continues long after the completion and turn over of the building. With an aim to give buyers full value for their investment, Pacific Concord does not aim to be the biggest real estate developers in the country, but want to be the leader in providing Value For Money services and products. Quality, dependability, and Value For money are the true benchmarks of an unassailable real estate investment.

As a self-regulating company it hopes to honor the relationships with both buyers and suppliers by handling all payment diligently and giving full priority to fulfill promises and commitments. Their first propriety will always be on-time project completion and turn over.

Lancaster Condotels in the Philippines - Brand Assets

Mandaluyong has long been considered as the heart of the “Golden Triangle” [Manila, Makati and Quezon City]. It has finally emerged as a veritable boom city. Mandaluyong is one of the leading business and industrial centers in the country. Today, the “New Tiger” of Metro Manila is making an unprecedented giant leap to progress.

What used to be a swampy, stagnating town, is now the haven of industrial giants and business conglomerates.

The city’s astonishing growth gained headway because its local and foreign investors honed a conducive climate for capital growth due to the city’s smooth business registration process and the peace and order situation. It offers deluxe hotels, commercial centers, high-rise office buildings and modern residential condominiums. Indeed, although Mandaluyong is the third smallest NCR city in land area, its strategic location and excellent allocation of resources have enabled it to be one of the foremost commercial districts in the capital.

Pacific Concord Properties flagship project – the newest condominium – business hotel that will soon be completed and ready for turnover to unit buyers in the heart of the metropolis is the Lancaster Suites. Standing majestically at the corner of Shaw boulevard corner Samat Street in Mandaluyong City, Lancaster Suites is a mixed-use condominium boasting an architectural excellence and design efficiency packaged into a five-star image. With world-class structural design, it provides excellent and efficient unit features and specifications.

Adjoining the Lancaster Suites is the soon to rise Lancaster – The Atrium which is the second tower on the same location. Aimed at providing an aesthetically pleasing lifestyle and upscale environment for modern families and urban professionals, the Lancaster – The Atrium will feature a 40-Strorey Atrium from the 2nd floor all the way up to the 42nd floor and have residential units [4 floors of Bi-Level units and 28 floors of studio and 1-2 Bedroom units], 2 floors of office spaces, and 4 floors of commercial shops and store unit for prime locators. The developers will also provide a grand lobby, a resort-style pool and recreation area with a gym and spa, sufficient parking, and all the other advantages that person would generally only find in a high-end upscale project development. As such the Lancaster Suites is emerging as a leader in providing convenience and sophistication at its best.

Since the middle market housing segment of the country has posted a 41% increase in the past few years, Pacific Concord Properties has positioned the Lancaster Suites to service the un-noticed middle market.

Most middle-market residential condominiums launched in the past two years have been sold out at record speed. Developers are constrained to better quality units as lower prices and with easier financial start-up payment plans for the investor / buyer. PCPI has also recognized the importance of the overseas market and has been successful in selling to Filipinos overseas especially in the US, Japan and Middle East.

Lancaster Condotels in the Philippines - Target Market

With a deal that goes beyond the usual fare, Lancaster Suites features the unique Buy Safe – Pay Easy Advantage Plan. Leading the way towards buyer security, all checks drawn are payable to an escrow account. The funds in escrow are disbursed purely for construction and other projected-related expenses – so buyers are assured that there will be no diversion of funds. Aside from an initial reservation fee, absolutely no down payment is required from our buyers. In additional, with our In-house no interest payment plans and maximum 6 years payment period no bank financing is needed.

One of the main strengths of the company is in the selling and marketing field. With an established network of external brokers, the company is able to reach out to a variety of potential clients and investors. PCPI also has a Buyer – Get Buyer Program where the Investors is encouraged to endorse or refer the project to his friends, family or relatives and receives a referral fee for every completed sale. The investor is not only a satisfied buyer but also becomes a potential source of sales and revenue. This further cements PCPI’s mission to develop relationships not just build and sell buildings.

Revenue is not its principal goal. Rather they view profit as the result of the public’s acceptance of their mission and vision whereby Pacific Concord is striving to build a fully amalgamated neighborhood as witness and tribute to the aspirations of both the developer and the residents. Endeavoring to give the middle market sector a full coterie of facilities and amenities that have only been afforded for the rich, the Lancaster Suites is being marketed at very affordable and reasonable prices that everyone can afford.

Pacific concord Properties feels that their accomplishment will rest on the joint dedication of both employees and business partners, be they suppliers or buyers. They are continuously working with partners who share the dream to deliver only the very best to clients and give them value for their investment in terms of excellence, pride of possession and long-term value.

For more information regarding Condotel Investment opportunities in the Philippines please do not hesitate to contact us:

Beth Collingz- Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

Condo Hotels: A New Type Of Philippine Real Estate Investment for Retirement and Supplemental Income

Enjoy ownership, luxury, & appreciation in a Condo Hotel vacation home!

Considering retirement in a Tropical Climate? For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are prepared to substantially downscale your lifestyle. For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?

Many Europeans and Americans who are 50-something – a point in life when many are registering peak earnings, seeing their children move into the workplace and beginning to make detailed plans for their retirement – could be in for some unwelcome surprises down the road.

Beth Collingz, International Marketing Director for PLC Global based in Manila, Philippines, said “the problem is, social security in many countries is on the verge of going bankrupt. Pension Plans are failing left and right and will continue to fail as many are glorified ‘Pyramid Schemes’ or rely solely upon the ‘never ending chain’ principal.

How did this happen? Well, back in 1983, the US Congress raised social security and Medicare taxes to create a surplus ‘trust fund’, which would ensure the stability of social security for the next 50 years. And every year since then, the Social Security Administration has collected more money than they've had to pay out. But the problem is, US elected officials haven't saved a penny of this surplus. Instead the last three US Presidents have spent every single extra social security dollar on other government programs. Now this money is most likely gone forever

“The Social Security system has no trust fund. No lockbox. When you pay your payroll taxes every year, the money is not converted into gold bars and shipped to some desert island, ready for retrieval when you turn 65. A piece of paper gets deposited in West Virginia saying that the left hand of the government owes money to the right hand of the government."

How did Congress get away with a stunt like this? Simple… demographics. For the past 70 years, we've had more people paying INTO social security than the number COLLECTING. But 76 million baby boomers will start retiring next year (about 12,000 per day). And even the Social Security Administration admits the program will soon go broke unless something radical is done.

The point is, if you are relying on social security for a large chunk of your retirement money, you could be in for an unpleasant surprise. And… even if social security is "fixed," allowing you to collect the maximum possible payout (which is $2,053 per month before taxes right now), how far is that money really going to go? Prices for everything from gas to food to clothing have soared in the past decade. Imagine what these things will cost 10 years from now.

But the good news is I believe I have found the perfect solution for most people who want to retire. If you are at or near retirement age… or if you simply want more money deposited into your bank account on a regular basis, "Supplemental Retirement Income from Condotel Investments in the Philippines " will dramatically improve your life.

Philippine Condotel Investments or Buy to Let Rental Property - a solid alternative to failing Pension Plans. Buy to Let rental properties are now being preferred to failing Pension Plans as more and more Filipinos and Overseas Property Investors look to the future and retirement.

20 Dollars a day for 6 years will buy you a Studio Condotel unit in the Philippines with a projected ROI through rentals of some 500 dollars per month after 3 years. With preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment.

With many Overseas Filipinos and Offshore Property Investors looking to start saving for retirement, the Philippines with its comparative low cost of real estate yet high rates of Hotel Accommodations, make the Condotel investment an extremely attractive investment proposition.

Beth Collingz, International Marketing Director for PLC Global, a company specializing in Condo Hotel Sales and Investments in the Philippines for the Lancaster Brand of Condotels, said that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate.

“Many of my clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Personally, I have always regarded Pension Plans as a glorified ‘Pyramid Scheme’. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill”

This potential, high rates of rental returns from Condotel Investments, currently from 8% up to 16% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around like headless chickens looking for normal residential profile “buyers” without looking at the by far bigger picture of investments, investing and retirement.

“We look at Condotels as pure investments. Not primarily as Real Estate. If you look at the Condo Hotel market as investing for future income, and think outside of the box, it is plain to see that Condotels are not only real estate investments but more importantly income generating property. Think of Condotels as a Managed Pension Plan. After all, Condotel units are fully managed property. The owner of the property does not have the hassle of renting out the unit and contend with all the normal pit falls of being an amateur land lord. This is taken care of by the Condo Hotel Management” said Collingz.

“One of my clients from Chicago, just purchased 4 Studio Condotel Suites at Lancaster – The Atrium Manila which is currently in preconstruction sales. His plan is to retire in the Philippines in 2012, live in one of the Suites and receive the Condotel rental income on the other three. His outlay for the purchase is only around 85 Dollars a day for 6 years by opting to purchase on a 6 year no prequalification, no down payment, no interest payment plan. Even before completing payment for the units, he will be receiving some $1,500 a month in rental income in additional to any Government or Private Company Pension Plan. Better yet, the rental income is in tune with inflation and buying on preconstruction terms gives real estate appreciation of some 60-80% over 3 years. As Hotel Rates increase yearly, so does the rental income”

Foreign Nationals are legally allowed to purchase as much as 40% of the total number of condominium units on the market at any given time. Overseas Filipinos and more and more foreigners are now emerging as a market for condotel units. Many or our clients are coming from different countries like South Korea, Australia, United Kingdom, Saudi Arabia and other parts of the Middle East," Collingz said.

Over the past decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America, nearly everyone speaks ENGLISH in the Philippines.

The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 50 to $ 1.00 or PhP 94 to 1 Pound [Sterling (GBP)]. Housing, food, and labor costs are quite reasonable. A One bedroom condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 and one can dine out on average at a three star restaurant for less than PhP 500. If you hire domestic help, a private driver’s salary is approximately PhP 10,000/month, while trained housekeepers earn approximately -PhP 5,000/month. These salaries are lower if you live in the provinces.

Cable Television, Hi-Speed Internet and Satellite Communications are cheap. One can hire an air-conditioned taxicab for eight hours for less than $25.00. In a country where a provincial Governor’s salary is only PhP 28,000 per month and a Presidential Cabinet Under-Secretary earns PhP 35,000, your pension can go a long way. So, if you have a retirement income of approximately $1,500 to $2,000 per month (PhP 80,000 to 100,000) you can live quite well in the Philippines.

As for health care, most U.S. Health Management Organizations pay for medical expenses incurred in the Philippines. Check with your HMO. The Philippine Department of Foreign Affairs presently has a task force headed by former Secretary Roberto Romulo working to have the U.S. government accredit a number of first class Philippine hospitals for Medicare reimbursement. The Makati Medical Center, one of the nation’s best already has such accreditation. Unbeknown to many is that for years, citizens of nearby countries such as Thailand, Nauru, Tonga, Indonesia, and Malaysia have flocked to the Philippines for medical care, particularly sensitive surgical procedures. The quality of medical care at the better Manila hospitals such as the Asian, St. Luke’s, Medical city, Cardinal Santos, Philippine Heart Center for Asia, National Kidney Institute, and Makati Medical Center meets international standards.

A Japanese company is building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually. The British government recently acquired a large tract of land in Fort Bonifacio to build a new Embassy. The British ambassador explained the larger facility is meant to help serve the growing number of British nationals retiring there as well. Japanese and Korean investment groups are buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country. A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon

English is the Philippines’ official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employees all speak English, or have a working understanding of it. The middle class speak English, without exception. All major newspapers and major broadcast companies use English. An English speaking visitor will never get lost in the Philippines. It is the universal use of that language that has been a strong incentive to foreigners. As well, communications links within the country and to other countries via the various commercial gateways is up to international standards. For example, the use of cell phones and text messaging is so common that housemaids, street vendors and food hawkers can be seen using their cell phones incessantly.

One will never want for adventure and sights to experience in the Philippines. There is always a colorful Fiesta, pageants, street festivals, and open public events going on. Lush with bountiful natural resources, one can enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except skiing. There is an ice skating rink in Manila, though. Scuba diving and fishing are among the sports which draw the most number of foreigners to the rich aquatic offerings.

Shopping is the Filipinos’ second most popular activity, the first is eating. Manila is Asia’s undiscovered shopping Mecca. You will love the golden purple sunsets, the fragrance of the flowers at dusk, and the wonderful array of fruit and food. I used to enjoy watching the Sun set from the bar at the Philippine Cultural Center. There, you can listen to the Symphony, check out a play, or enjoy Grand Opera. There is just so much to explore and discover, especially in terms of nature, culture, and history. If you’re a betting man, there’s horse racing, the Jai Alai, numerous first class casinos, and of course, *censored*-fighting. Manila is well known for its exciting night life.

The Philippines offers affordable real estate and good investment opportunities for those seeking a retirement haven.

“Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free” enthuses Collingz. “These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70’s” and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round” said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine’s Dock Flats before coming over to the Philippines

If you have $50,000 or GBP 30,000 to invest, here are some buys you could make right now with that budget:

1. A Freehold Unfurnished Studio Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft]. Pay Cash and take a full 20% discount [Save USD 9,098.91] on the unit price. Pay 90% Now [USD 32,765.07] and the remaining 10% [USD 3,639.57] on unit turnover

2. A Freehold Fully Furnished Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,686.28 Pay 90% of the contract price now [USD 37,958.90] plus cost of all furnitures and furnishings [USD 8,589.67] for a total of USD 46,548.57 and the remaining 10% balance [USD 4,217.65] on unit turnover. Occupancy July 2007.

3. A Freehold Fully Furnished Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Floor Area 36.5625sqm [395sqft]. Pay Cash and take a full 10% discount [Save USD 5,860.96] Pay Reservation [USD 2,000.00] and Cash Balance within 30 days [USD 50,748.72] for an Effective Total Cash Price of USD 52,748.72. Occupancy May 2007.

Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010

To be called Lancaster Atrium [which is the second Tower adjacent to the existing “Sold Out” Tower I] Condotel Studios, One, Two & Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification “In-House” financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity

According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: “My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here.

A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, specially UK Housing prices, and the easy payment options available for our Condotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condotel Investments where they can use the Condo for vacations and rent it out through our In-House Condotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit”

More than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.

“These international buyers know it’s a buyer’s market in the Philippines right now-there are a lot of properties available and fewer local buyers,” Collingz said. “I’m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers”

While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.

Accessibility from Europe & the United States is also a factor.

“London to Qatar, London to Amsterdam to Singapore or Hong Kong, Los Angeles to Tokyo, San Francisco and New York to Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it’s easy to see why the Philippines is becoming an international community.”

Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with its flagship Lancaster Condotel Developments fit’s the bill.

Financing Options and Security open up Philippine real estate market to International buyers.

Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.

Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI’s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment “Boom” in the Philippines.

A major stumbling block for some Investors was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles’ of Real Estate Transactions.

With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of its Condotel Suites, international offshore property investors need no longer worry about the security of their investments

Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.

Collingz highlights the importance of working with those experienced in this type of transaction. “Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example,” said Collingz. “The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client’s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they’re interested in an online portfolio”

Communication is the key to the process, according to Collingz. “We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that’s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area.” In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home.

Lancaster - The Atrium Tower II [which is the second Tower adjacent to the existing “Sold Out” Tower I] is now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year "In-House" financing available, full condo ownership, no management costs for Condotel Suites and minimum monthly maintenance fees – “You really should take a moment to look at this Philippine Condotel Investment Opportunity” enthused Collingz.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional extra interior fit-out package including appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues are currently around 80 pesos/square meter of the unit floor area/month..

Executive Studio Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower II Executive Studio Suites. Average Floor Area 28.17 square meter [304sqft] at $1,615.00/sqm. USD 45,494.55. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Price for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 624.92.

Alternatively Save USD 2,699.67 by making the Reservation, USD 500.00 then within 30 days a 30% Net Discounted Down Payment of USD 10,798.70 and Balance payable without interest over 72 consecutive equal monthly payments of USD 437.45.

The Lancaster Atrium Executive Studio Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 28.17 sqm [304 sqft Executive Studio [Contract Price USD 45,494.55] then 60 consecutive monthly payments of only USD 502.44 with the balance of USD 14,848.20 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 9,098.91] on the unit price.... Pay 90% Now [USD 32,756.08] and the remaining 10% [USD 3,639.56] on unit turnover from December 2009/2010

Executive Studio DeLuxe Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive DeLuxe Studio Suites. Average Floor Area 32.50 square meters [350sqft] at $1,615.00/sqm. USD 52,487.50. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 722.05. Alternatively Save USD 3,119.25 by making the Reservation, USD 500.00 then within 30 days a 30% Net Discounted Down Payment of USD 12,477.00 and Balance payable without interest over 72 consecutive equal monthly payments of USD 505.43.

The Lancaster Atrium Executive DeLuxe Studio Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 32.50sqm [350sqft Executive Studio [Contract Price USD 52,487.50] then 60 consecutive monthly payments of only USD 580.53 with the balance of USD 17,155.88 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 10,497.50] on the unit price.... Pay 90% Now [USD 37,791.00] and the remaining 10% [USD 4,100.00] on unit turnover from December 2009/2010

One Bedroom “Loft Type” Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom "Loft Type" Suites. Floor Area 50.69 sqm [546 sqft] at $1,808.80/sqm. USD 91,688.07 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom "Loft Type" Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 72 consecutive equal monthly payments of only USD 1,266.50. Alternatively Save USD 5,471.28 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 21,885.14 resulting Balance payable without interest over 72 consecutive equal monthly payments of USD 886.55.

The Lancaster Atrium One Bedroom "loft Type" Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 50.69 sqm [546 sqft One Bedroom "Loft Type" Suite [Contract Price USD 91,688.07] then 60 consecutive monthly payments of USD 1,018.27 with the balance of USD 30,092.06 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 18,337.61] on the unit price.... Pay 90% Now [USD 66,015.41] and the remaining 10% [USD 7,335.04] on unit turnover from December 2009/2010

One Bedroom Corner Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A One Bedroom Corner Suites Average Floor Area 62.82 square meters [675 sqft] at $1,808.80/sqm. USD 113,628.32 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 72 consecutive equal monthly payments of USD 1,571.23. Alternatively Save USD 6,787.69 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 27,150.92 Balance payable without interest over 72 consecutive equal monthly payments of USD 1,099.86.

The Lancaster Atrium One Bedroom Corner Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 62.82 sqm [675 sqft One Bedroom Suite [Contract Price USD 113,628.32] then 60 consecutive monthly payments of only USD 1,263.27 with the balance of USD 37,332.51 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 22,725.66] on the unit price.... Pay 90% Now [USD 81,812.40] and the remaining 10% [USD 9,090.27] on unit turnover from December 2009

Two Bedroom Loft Type Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive Two Bedroom Loft Type Suites. Floor Area 75.67 square meters [815sqft] at $1,700.16/sqm. USD 136,871.90 [Including Tax] These units are all 2-Storey "Loft-Type" Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Special Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 1,894.05. Alternatively Save USD 8,182.31 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 32,729.26 and Balance payable without interest over 72 consecutive equal monthly payments of USD 1,325.84.

The Lancaster Atrium Two Bedroom 'Loft Type" Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 75.67 sqm [815 sqft] Two Bedroom "Loft Type" Suite [Contract Price USD 136,871.90] then 60 equal consecutive monthly payments of only USD 1,522.82 with the balance of USD 45,002.73 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 27,374.38] on the unit price.... Pay 90% Now [USD 98,547.77] and the remaining 10% [USD 10,949.76] on unit turnover from December 2009/2010

Three Bedroom “Loft-Type Corner Suites
Price: March 1, 2007

Lancaster Atrium Tower A Executive Three Bedroom Loft Type Suites. Average Floor Area 106.00 square meters [1140sqft] at $1,808.80/sqm. USD 191,732.80 [Including Taxes] These units are all "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 72 consecutive equal monthly payments USD 2,656.01. Alternatively Save USD 11,473.96 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment of USD 45,895.87 and Balance payable without interest over 72 consecutive equal monthly payments USD 1,859.21.

The Lancaster Atrium Three Bedroom Corner Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 106.00 sqm [1140 sqft Three Bedroom Suite [Contract Price USD 191,732.80] then 60 consecutive monthly payments of only USD 2,135.43 with the balance of USD 63,106.82 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 38,346.56] on the unit price.... Pay 90% Now [USD 138,047.61] and the remaining 10% [USD 15,338.63] on unit turnover from December 2009/2010

Three Bedroom Bi-Level Penthouse Suites
Price: March 1, 2007

Lancaster Atrium Tower A Executive Three Bedroom Penthouse Suites. Floor Area 136.30 square meters [1467 sqft] at $1,975.68/sqm. Contract Price USD 269,285.18 [Including Taxes] These units are all 2-Storey Loft-Type "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 72 consecutive equal monthly payments USD 3,733.13. Alternatively Save USD 16,127.11 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment of USD 64,508.44 and Balance payable without interest over 72 consecutive equal monthly payments USD 2,613.19.

The Lancaster Atrium Penthouse Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 136.30 sqm [1467 sqft One Bedroom Suite [Contract Price USD 269,285.18] then 60 consecutive monthly payments of only USD 3,001.43 with the balance of USD 88,699.11 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 53,857.03] on the unit price.... Pay 90% Now [USD 193,885.33] and the remaining 10% [USD 21,542.82] on unit turnover from December 2009

Lancaster Atrium Manila Tower A. Shaw Boulevard, Metro Manila.
Available Shop & Retail Store Units Update March 1, 2007

The Lancaster Atrium Shop/Store Retail Units are now available on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans...

All payments will be made to the Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 60-70% on turnover of units.

Available Lancaster Mall Shops, Restaurants & Store Units

Lancaster Atrium Tower A Shops, Restaurants & Store Units. Floor Area 45.11 sqm [485sqft] at $2,037.28/sqm. USD 91,901.70 [Including Taxes] These units are all within the Lancaster Shopping Mall located on the Lower & Upper Ground Floors of the Podium. Current Special Offer for the example 45.11sqm Lower Ground Floor Shops, Restaurants and Store units provide purchases with USD 1,000.00 Reservation and Balance Payable without interest over 72 consecutive equal monthly payments USD 1,262.52. Alternatively Save USD 5,454.10 by making the Reservation, USD 1,000.00 then within 30 days 30% Net Down Payment USD 21,816.40 and Balance payable without interest over 72 consecutive equal monthly payments USD 883.77. Another option, Pay Cash and take a full 20% discount [Save USD 18,380.34] Pay 90% Now [USD 66,169.22] and 10% [USD 7,352.14] on unit Turnover from December 2009/2010

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 47.00/USD 1.00 [Effective March 1, 2007]

All Lancaster Residential Suites Unit Features Include:

* Vitrified ceramic tiles in living, dining areas
* Ceramic tiles in kitchen and toilet and bath
* Toilets with mechanical ventilation
* Plastered cement walls and ceilings’ with painted finishes
* Provisions for split type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation...
Copy and paste the following URL directly into your Web Browser
http://www.lancastersuites.com/lancastersuites-gallery/index.php

For further info please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]

Tanavista starts taking reservations next week! Read about this great new ownership possibility below. If you are interested in learning more, contact me anytime at:

(877) 777-4727
David [at] MammothAnswers.com
David Schwartz - President/Broker
Mammoth Realty Center

Project Description: Tanavista is a new quarter ownership resort development designed for second homeowners interested in affordably priced real estate in the Mammoth resort community. Prices will start at just under $200,000. Tanavista’s 45 residences will be ideally situated within close proximity to Mammoth’s wide variety of four season recreation and activity options. The forested setting on Minaret and Main is located on the Sierra Star Golf Course and within walking distance to The Village at Mammoth’s world class restaurants, shops, special events and gondola, ensuring that owners are close to an extensive array of conveniences. At the same time, the location is far enough away to enable a quiet retreat from the hub of activity.Architecturally, the building combines elements from diverse traditional alpine styles to create a unique residential-style ambiance that suits its mountain environment. On the inside, interiors utilize comfortable fabrics and textures with contemporary furniture styles to create a refined mountain environment.

Smart Real Estate: Tanavista is also distinguished by a more affordable and attainable price point, with subsequent value provided by a quarter ownership usage model. With the significant appreciation and rise in home prices over the past few years in Mammoth, a quarter ownership product is one that’s needed in the Mammoth market. Tanavista will enable buyers to pay for a level of ownership more proportional to the amount of use.

Unit Type Price Range Sq. Ft. Per Sq. Ft.

Square Foot Range: 775 sq. ft. - 2200 sq. ft.

Homes Price Range: $200,000 - $700,000

Number of Homes: 45 (180 Shares)
2 One Bedrooms, 30 Two Bedrooms, 13 Three Bedrooms

Length of Stay: 1 week a month, Sunday to Sunday

Stories: 4

Construction Start: Summer of 2007

Completion Date: Winter of 2008

Location of Tanavista: 6th green of Sierra Star Golf Course, walking distance to the Village at Mammoth, corner of Main Street and Minaret

Management Company: Mammoth Reservations

Maintenance Fees: $200-400 / month. Dues cover all utilities (gas, electric, water), snow removal, commom area fees, reserves for future maintenance and future furniture maintenance

Taxes: 1.1%

Resort Amenities: Owners Lounge, Fitness Center, Quiet Den, Outdoor Jacuzzi, Games Room, Underground Parking, Spacious Sun Deck, Owners Lockers for year round storage, 24 Hour On Site Management, En Suite Owners Lockers, and 24 Hour Onsite Management.

Building Features: European Modern Mountain Exterior, solid stone base foundation, large expanses of glass to take in the mountain setting, homes are fully furnished and equipped with all dinnerware, flatwares, linens, furnishings and kitchen appliances, flat screen TVs, and a fireplace. All homes have a balcony.

Home Features: You’ll find a higher proportion of living space to sleeping space, a kitchen made to cook in, a dining room designed with sitting around the table in mind, outdoor living space made to enjoy warm Mammoth afternoons throughout the year and a central fireplace that makes you want to put your feet up. It is like a town home in a condominium building, rather than a condo-hotel suite. It’s a residence that makes you feel at home in the mountains.

Deposits Required/Expected Closing Date: $5,000 reservation deposit, 10% upon signing (late May) and 10% once framing goes vertical (6-9 months after signing).

Management: Mammoth Reservations, the premier Rental and Management company in Mammoth, will handle all aspects of the management of Tanavista. They will provide housekeeping, onsite cleaning, management of common areas, snow removal, grounds keeping, and of course, the rental of your unit if you elect to have it rented when you are not planning on using your home.

Rental: Owners at this property will have an opportunity to participate in a professionally-managed rental program.

Developer: Mammoth Crossing Development LLC (MCD) is a group of passionate people who have come together to fulfill a new vision for the intersection of Main and Minaret in Mammoth Lakes. As an experienced mixed-use resort developer, they create only the highest quality projects for our communities, customers and consumers. They are respectful of the Mammoth community and its spectacular natural environment, and they take pride in the collaborative approach to developing resort communities. Mammoth Crossing Development sees a great opportunity for Mammoth Lakes to grow into a mature resort town, and they are excited to be part of the community that is shaping that growth.

Design: The team at Flick Mars have over 35 years of experience in designing award-winning interiors across North America. Their dedication to creating authentic styled experiences can be seen in every detail inside Tanavista.

Sales & Marketing: S&P Destination Properties - a world leader in luxury resort living, S&P Destination Properties is devoted to creating and selling the finest real estate in the finest places on earth. From Whistler, BC to Loch Lomond, Scotland, principals Peter Dupuis and Sid Landolt have designed and marketed $4.5 billion worth of real estate world-wide in their career. Most of their projects sell out on opening day or within weeks of the initial launch. Most recently, S&P set the world real estate record by selling out the Trump Waikiki on opening day. $700 million in under 9 hours.

About Mammoth: A Four-Season Mountain Paradise Nestled in the Midst of the Sierra Nevadas. Mammoth lakes boasts one of the largest ski resorts in the world, Mammoth Mountain. No matter what your interests are in outdoor recreation, you will find it here.Mammoth Lakes is home to more than 100 lakes and streams, and known for it's world-class trout fishing. Miles of groomed trails through the John Muir and Ansel Adams wilderness areas provides hours of magnificent sightseeing opportunities. Rock climbers rave about its exhilarating peaks. Hiking or kayaking, horseback riding or biking, every trail provides a different mountain experience. This is the getaway you will never forget.