Invitation to Our Grand Launch
We cordially invite you to the
Grand Launching Night of
Boracay Crown Regency Resort
and Convention Center
this Thursday, July 26, 2007 at 6:00pm
Mandarin Oriental Hotel
For tickets/reservations:
RSVP: 63-917-8373363
An Investment Proposal
Go Away & Get Paid:
Have a 45-day vacation in Boracay
every year and still earn!
Have a 45-day vacation in Boracay
every year and still earn!
Brief background on Boracay:
- One of the most beautiful islands & the country’s best jewel known worldwide. Only 35-min. flight from Metro Manila and 50-min. flight from
- The island welcomes over 400,000 local and foreign visitors each year from all over the world.
- According to the Department of Tourism the island needs about 10,000 rooms but currently there are only 5,000 available.
- 2nd Quarter of 2004, the
- Majority of Boracay foreign tourists come from:
- Plane (PAL,
- Travel by air via Kalibo / Caticlan is the fastest way to go Boracay from
- Asian Spirit and SEAIR has more than 45x flights daily via Caticlan.
- PAL and Cebu Pacific Air each has 3x flights daily via Kalibo.
- Sea Ferry
- Via Dumaguit through
- Land
- The cheapest way to Boracay is via roll on roll off (RORO) trips to
WHY INVEST?:
- Boracay Multiple Properties Developers, Inc.
THE NINE (9) P’s:
- Proposal
- Project
- Proponent
- Product
- Pricing
- Privileges
- Payback
- Promotion
- Paperwork
(1) PROPOSAL
We are offering investors a unique investment proposal:
- Opportunity to own a piece of tropical paradise in premier promotion capital of the
- Capacity to earn substantial income in a growing industry.
- Assurance of a vacation home with a breathtaking panoramic view of one of world’s finest beaches even during peak season.
(2) PROJECT
Name: Crown Regency Resort Hotel –
Area: 450-room resort condotel with an approximate area of 10,194 sq. m.
Location:
- Located in Barangay Balabag along the main road of
- Only a 3-minute leisure work (5-meter wide brick flooring) to the Station 2 beach
- Safe, located near Boracay Police and Coast Guard station
Facilities - Guests will have access to the best facilities:
- The largest swimming pool in Boracay
- 1,000 pax Ballrooms and Conference Rooms
- Fitness Gym
- Laundromat
- Food and Beverage outlets
How to Get to Crown Regency Resort Hotel
- Only 5-minutes away from
- Crown Regency will take you to
- When you reach the island, our own private shuttle van will transport unit owners and guests within the island.
(3) PROPONENT
Property owner:
Boracay Multiple Properties Developers Inc, a 100% subsidiary of J. King & Sons Co.Inc
Developer and Marketing:
Fuente Triangle Realty Development, Corp., another subsdiary of J. King & Sons Co., Inc. The sales and marketing behind the rising
Condotel Management:
Crown Regency Hotel Group, an experienced and established hotel chain owned by J. King & Sons Co., Inc. (www.crownregency.com):
- Club Ultima,
- Crown Regency Suites in Mactan,
- Crown Regency Residences in Guadalupe,
- Crown Regency Residences in
- Crown Regency Hotel & Towers in Fuente Osmena,
- Crown Regency Hotel in
(4) PRODUCT
- Philippine and Foreign Nationals are eligible (Residents or non-residents)
- Investors will purchase company stock share in Boracay Multiple Properties Developers, Inc. one (1) stock share is equivalent to one (1) condotel unit.
- Units are desiged on a thirty (30) sq. m. (standard) or forty-five (45) sq. m. (with loft) equivalent to one (1) stock share.
- Units are all fully furnished with kitchen, TV and standard hotel amenities.
- Investors have the option to reside in their units or enroll in the condotel operations. For residing investors, they will have to pay administrative and maintenance fees as in standard condotel operation.
- For condotel enrollees, the administrative and maintenance fees will be deducted from gross income of condotel operations.
(5) PRICING (30 sq.m. unit)
| Financing Scheme | *Members | *Non-Members |
| 100% Cash | Php 3.0 M | Php 3.3 M |
| 50% DP – 50% (12 mos.) | Php 3.1 M | Php 3.4 M |
| 40% DP – 60% (12 mos.) | Php 3.2 M | Php 3.5 M |
| 30% DP – 70% (12 mos.) | Php 3.3 M | Php 3.6 M |
| 20% DP – 80% (12 mos.) | Php 3.4 M | Php 3.7 M |
| 10% DP – 90% (12 mos.) | Php 3.5 M | Php 3.8 M |
| No DP – 100% (12 mos.) | Php 3.6 M | Php 3.9 M |
| 10% DP – 90% (15 mos.) | Php 3.7 M | Php 4.0 M |
| 10% DP – 90% (18 mos.) | Php 3.8 M | Php 4.1 M |
| 10% DP – 90% (24 mos.) | Php 3.9 M | Php 4.2 M |
| 10% DP – 90% (30 mos.) | Php 4.0 M | Php 4.3 M |
*Existing Club Ultima members with one (1) room night privilege must upgrade to seven (7) room night privilege to avail of the members price
**Inclusive of Club Ultima membership with 7 FREE room nights with option with Interval International, subject to payment of regular charges imposed by Interval International
For 15-mo. Installment scheme: 50% share of profit if hotel opens before payment is complete
For 24-mo. Installment scheme: 30% share of profit if hotel opens before payment is complete
For 30-mo. Installment scheme: 20% share of profit if hotel opens before payment is complete
- All checks should be made payable to Fuente Triangle Realty Development Corporation
- Full profit of investors starts when investment is fully-paid
- For every 40 investments share sold, an additional 5% increase in the above prices
- Reservation deposits are non-refundable
(6) PRIVILEGES
In order to give maximum benefits to the investors, the privileges of owning a unit are:
- 45-day Free stay at the resort every year for Condotel enrollees. (Valid for one (1) year and is non-cumulative)
- Plus 7-day free stay at Club Ultima or any Crown Regency operated hotels nationwide annually.
- 45-day free stay can be converted to Free stay privilege certificates at any of the Crown Regency hotel chain of properties and other off-site facilities with no expiry period on a one to one room night value. Check the website: www.crownregency.com and www.clubultima.com.
- Investors could also exchange their Club Ultima 7-day Free stay privileges in any of the 2,900 Interval International affiliated hotels and resorts worldwide. Check out www.intervalworld.com.
- The 45-day Free stay can also be used to get additional room nights with Interval International.
- An additional one-time signing bonus of 45-day Free stay at any Club Ultima or Crown Regency operated hotels (except Boracay) for cash investors.
(7) PAYBACK
- As an investor, your US $68,000 (Php 3.3M) investment has a 45-day FREE stay (with an option to sell or use) and a 320-day for enrollment in condotel operations.
- Let us compute the projected income based on the assumption of a US $100 room rate / day and at different occupancy rates:
| 320 days @ 256 days US $25,200 | 320 days @ 224 days US $22,400 | 320 days @ 192 days US $19,200 |
| *Deduct approx. 50% as management fees, taxes, incentive bonus | ||
| Projected Annual Net Income: | ||
| US $12,800 | US $11,200 | US $9,600 |
- At a very conservative assumption of 60% occupancy / year and US $100 / day still gives you a projected income of US $9,600 / year (Php 465,600)
- Compared to bank deposit with maximum of 5% interest, you US $68,000 (Php 3.3M) earns you only US $3,400 (Php 165,000 / year)
| Bank Deposit US $3,400 (Php 165,000) | VS | Condotel Enrollment US $9,600 (Php 465,600) |
- Condotel enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.
(8) PROMOTIONS
- In addition to the projected net income, investors have their 45-day Free Stay guaranteed benefit which they have the option to sell…
A 45 day FREE STAY / year
with an option to sell or use is worth
US $4,500 (Php218,250)
(based on an assumption of 4-star hotel rate
of US $100/day in Boracay)
Projected net Income at 60% occupancy rate + Guaranteed Benefit =
US $ 9,600 (Php 465,600) + US $ 4,500 (Php 218,250) =
Php 683,850 / year
Projected net Income at 70% occupancy rate + Guaranteed Benefit =
US $ 11,200 (Php 543,200) + US $ 4,500 (Php 218,250) =
Php 761,450 / year
Projected net Income at 80% occupancy rate + Guaranteed Benefit =
US $ 12,800 (Php 620,800) + US $ 4,500 (Php 218,250) =
Php 839,050 / year
- An investor who sells their 45-day Free Stay on peak season gets more added incentives.
- Investors could look forward to an estimated 5-year FULL return of their investment while enjoying the good life in Boracay or the privileges & benefits of being a member of Club Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.
- 45-day vacation is ideal for foreigners opting to stay warm and enjoying the tropics while their home country is experiencing winter season.
- Condo units are available in clusters of 6 or 8 with one common courtyard for group activities. Ideal for large family or friends.
- Investors can likewise recommend to their friends to acquire units in their clusters so they can take their holiday together or take turns in using the units for their own family holiday on different seasons.
- Units enrolled in Condotel operations are managed by the expertise and experience of the Crown Regency chain of hotels and resorts.
Frequently Asked Questions
Q. Are there other expenses to be paid by the unit owner upon enrollment in the condotel operations?
A. A joining fee is required to be paid by the unit owners upon enrollment to Condotel operations. The joining fee will be determined later by the operator. Unit owner will still have to pay for other amenities and other services.
Q. Who will operate the Condotel upon commercialization?
A. Condotel will be managed by the Crown Regency Hotel Chain.
Q. How does the Condotel operate?
A. The Condotel will generally operate like a resort hotel.
Upon turnover of the unit, owner may immediately enroll with the operator. The minimum period you can have your unit enrolled is three (3) years.
Individual owners may use their Condotel units for 45 days every year if their unit is enrolled under rental pooling. If the usage will exceed 45 days, they will have to pay the member’s rate (30% discount from regular rate).
Owners who do not choose to enroll their units under Condotel operations may use their units as a vacation home or for residential purposes
Q. If the owner decides not to enroll his unit under Condotel operations, will the unit owner be charged of association dues?
A. Yes, the unit owner will be charged with monthly association dues and maintenance fees will be determined later by the operator.
Q. Are there association dues for unit owners who enrolled in Condotel operations?
A. There are NO association dues for units enrolled under Condotel operations.
Q. Are all types of repairs shouldered by the condotel operator?
A. Only minor repairs shall be shouldered by the condotel operator.
Q. What if the Unit Owner was not able to use the 45-day benefit?
Q. What is the difference between this type of investment and a timeshare?