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Property for sale in , Mactan
0 Bedroom Condo/Townhouse
Price: 36500 USD

The Lancaster Cebu Condotel
cebu@pinoybroker.com
The Lancaster Cebu is an EXISTING development located in Mactan Island close to the Days Inn Hotel in Barangay Pusok, Mactan [Cebu City]. The properties' location is within 10 minutes travel time from Cebu International Airport and 20 minutes from Cebu City center.
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Pacific Concord Properties, Inc., the owner/developers of the Lancaster Suites, Manila recently concluded negotiations and has taken over the existing developed improvements for the Lancaster Cebu Resort Residences. With Certificates of Occupancy, Individual Condominium Certificates of Title and updated Licenses, The Lancaster Cebu Resort Residences is consisting of some more or less 1.5 hectares of land with four [4] existing five [5] storey buildings and one [1] six storey building laid out in clusters containing a total of some 540 condo units all with a standard floor area of 36sqm [380sq ft].
The project and all existing developments will undergo, commencing this January 2005 a very major re-development consisting of a very substantial investment by Pacific Concord Properties, Inc., not only in terms of capital infusion but more importantly a complete and extensive architectural modification to upgrade the buildings and complete same to the standard required for inclusion as a signature "Lancaster" Resort and Condotel product with Swimming Pools and other superior relaxation and recreational facilities.
The Lancaster Cebu will replicate the same high design standards, quality and conceptualization to that the company established and is implementing in the ongoing 24/7 construction, management and development of the Lancaster Suites - Manila
Being an existing development that will undergo the Lancaster signature design, construction and completion, the Lancaster Cebu, as a low-rise clustered resort condominium, will be made affordable and available for occupancy commencing as early as second quarter 2005. The Lancaster Cebu will become an extremely desirable packaged product. The Lancaster Cebu will only be sold as FULLY FURNISHED READY FOR OCCUPANCY modular 36sqm [380 sq ft] Studio units [72sqm (760sq ft) 1 Bedroom Units or 108sqm (115sq ft) 2/3 Bedroom Units. [Details and specifications to follow shortly].
cebu@pinoybroker.com
All Lancaster Cebu units will include superior quality of finishing and will be sold on a fully furnished basis to include “Ready for Occupancy” specifications. Hence, all appliances such as Air-conditioning, Electric Range, Refrigerator, Television as well as furniture’s will be included in the package price of each Condominium.
Indicative prices for each Fully Furnished modular 36sqm (380sqft) unit will be a little less than U$36,500.00 [Philippine Pesos 2M] and will be available on cash/short payment term basis [In-House Financing] and through Bank financing. For our Fil-Am's and Fil-Can's and other Filipino Expats and Dual Citizens living in the United States, Canada, Australia and Europe we are establishing a "First of a kind" easy term payment equity mortgage arrangement with the Philippine National Bank [PNB] through its extensive network of overseas offices and banks around the world to enable Lancaster Cebu buyers to avail of financial services in their own country, currency and current interest rate.
Realtor Jovi W. Tupaz via email at :
cebu@pinoybroker.com
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