Beth Collingz, PLC International Marketing Director, lead marketing partners for Lancaster Brand of Condotels in the Philippines, said the company’s latest sale of condotel units drew not only overseas Filipinos but significant numbers of international buyers from Europe and Australia. Units in Lancaster Suites Manila are sold out whilst their latest project, Lancaster The Atrium at Shaw Boulevard, Metro Manila is 75% booked and range from studios to three-bedroom penthouse suites with full kitchens. We now have demand from our clients for new, luxury high end condotel development in Cebu Collingz said.
Owners of Lancaster condotel units can arrange to stay in their units and they share 60% of any rental income. The Lancaster Atrium together with the soon completed and upcoming operations of Lancaster Suites Manila, one of the hottest real estate investments in the Philippines, will be the hub for Lancaster condotels in the Philippines. The 42-story Lancaster Suites Manila, scheduled for operations this year, features studio, one-bedroom and two-bedroom condotel units, as well as penthouse suites. The units will be available for daily, weekly or monthly rental,...
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