Buy Properties in Preconstruction or Off Plan

Summary: With many new condo hotel properties coming on the market, when is the best time to buy? The answer is easy. In early pre-construction phase of development.

Interested in getting in on the condo hotel trend in the Philippines? Perhaps you've heard about this new type of vacation home ownership and it sounds right for you. A condo hotel unit, or "condotel," is typically a three-star or higher property with a management company that takes care of all the hassles typically associated with ownership, including maintenance and finding renters when you're not using your condotel unit. With many new condo hotel properties coming on the market, when is the best time to buy? The answer is easy. In early pre-construction phase of development. Most condo hotels begin selling their units long before the property is built, and often before even the first shovel-full of dirt is overturned. The idea behind a pre-construction purchase is that you're buying tomorrow's property at today's price. One such property now on the market in the Philippines is Pacific Concord Properties, Inc., Flagship Lancaster Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, one of the hottest Condotel Investments in the Philippines To be called Lancaster - The Atrium [which is the second Tower adjacent to the existing "Sold Out" Tower I] PCPI is now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account "Buyer Safe" Easy Secure Payment Plans