asiapropertyblog.comPerfectly Profitable Paradise – The Pearl of the Orient

With so many people looking to buy property in the Philippines I thought that I would share my recent positive experience of investing in a Boracay property.

I already own a property in Thailand earmarked for my retirement but I wanted to expand my portfolio with an investment property purchase; I therefore started looking at nearby markets showing strong potential and the Philippines caught my interest.

I contacted an agent in the UK, Experience International, who told me about the Continent Fairways project on the island of Boracay. I liked the sound of this project as it offered a good return on investment (14% net per annum), a low entry level of £26,000 and I could still use the property for up to 2 weeks each year.

The sales consultant, Stuart Williams was exceptional and answered all my queries and questions about Continent Fairways. He told me that the project was built around an established golf course (as well as very near the beach) with free golf club membership for property owners which really appealed to me as I am keen golfer!

With the location of the development such a key factor to its success I was keen to see it for myself and so I took a trip to the Philippines in August 2009 to see Boracay Island for myself.

And I was not disappointed! From the moment I arrived I could see the beauty of Boracay Island and its people. I received a warm welcome by the developers of Continent Fairways and spent the next few days touring the island including a thorough inspection of the golf course – it proved up to scratch! – and of course the development site.

By the end of my visit I was convinced that the Philippines and the Continent Fairways development was the right choice for me. With the guaranteed 80% occupancy available and the project backed by a renowned high quality resort operator I was confident in the rental opportunities and yields offered. I also decided to take advantage of the 60% non-status finance available.

On returning home I spoke with Stuart Williams and reserved my studio unit. I have appointed solicitors based in the UK to assist with the legal aspects and am liaising with Stuart Williams to sign the contracts.

With my property in the Philippines due for completion in December 2010 I am already looking forward to playing a round or two of golf in the winter sun on Boracay.

Overall, I found the whole experience of purchasing property in the Philippines positive. The location just sold itself and the specific development I invested in ticked all the right boxes.

I would say to any potential buyers to take time to find exactly what you want – it is out there somewhere! Also be happy with the people you chose to work with. Stuart Williams at Experience International offered a first class service from the very start and I would certainly recommend him to friends and family thinking of buying overseas.

Lesley

The Philippines as you may know is made up from over 7,000 islands in the Pacific Ocean. The country has had an energetic tourism industry since the 1970s and tourism is a major contributor to the countries economy with net revenue from foreign visitors of over 2 billion US dollars at the start of the decade.

The Philippines is emerging as one of the most appealing holiday destinations  in Southeast Asia.

The many tropical islands have a wealth of natural resources including some of the best beaches and diving spots in the world. Take the superb and thriving island of Boracay which won ‘Best Beach in the World’ by BMW Tropical Beach Handbook in 1990, it and again in 1996 by British publication TV Quick as the world’s number one tropical beach. In 2007, Boracay Island topped the list of the World’s Most Popular Beach according to Yahoo! Travel.
Continent Fairways
A new Asia property development situated on a beautiful Boracay island which has seen lots of interested for investors form the UK is Continent Fairways.

The Continent Fairways development will feature 42 studio suites and 14 two bedroom suites all fully furnished to a 5 star level.

The resort is to be operated as a luxury resort providing investors a NET yield from 12.4% per annum (up to 14% on a few properties).

In our opinion Continent fairways is a great property investment opportunity to own an Asia property on a beautiful and thriving paradise island, own a luxury an apartment on a lovely tropical island for your enjoyment as well as benefit from guaranteed finance returns.

Many countries in Asia are now thriving and it is the combination of higher working skills like IT for example which is a massive growth industry in India, the Philippines and other Asia countries and of course tourism as Asia has many beautiful countries with amazing land and seascapes.

In our opinion Asia is one of the most attractive places in the world to invest in a holiday property or investment property and nowadays a growing number of people from all over the world are buying Asia property for a number of reasons.

One of the most appealing countries in South East Asia with overseas property investors looking for superb lifestyle property is the Philippines.

The Philippines is widely known as “the Pearl of the Orient Seas” and lies 750 miles off main land Asia and many of the main islands have beautiful weather, pristine beaches and fantastic luxury of modern living.

Philippine Real Estate Market Buoyant Despite Global Crisis
Olivia Olarte 25 September 2009

“The Philippine real estate market has experienced a nominal year-on-year growth of 10 per cent for the last five years, despite recent events affecting the global property market” said. Tuano, who is also the chairman of the Philippine Business Council, Abu Dhabi, spoke to Khaleej Times ahead of a Philippine Property Show, which was held for the first time in Abu Dhabi.

One of the fasting moving emerging destinations in the Philippines property market is Palawan which has the “best beaches overall in Asia” say Conde Nast Traveller and National Geographic

The fact that Banyan Tree, the luxury resort company has committed to develop two islands in Palawan is an excellent indication of the regions attractiveness and will certainly have a positive impact to tourism in the area.

Further research brings our attention to new resort being launched on a private island in Palawan called Cacao Pearl, a concept that is as the development states ‘Beyond-Eco’.

Cacao Pearl will be a beautiful private island resort will be host to a selection of custom designed and totally the beachfront or hidden within the rainforest, the custom made offers an opportunity of private island lifestyle price tag.

Award Winning – Cacao Resorts has been recognised at the CNBC International Property Awards with an award for Best Residential Development in Country for the Cacao Pearl, private island adventure in Palawan.

The opportunity provided by a private island resort is unique and unforgettable. It is the privilege of enjoying an exclusive, adventurous lifestyle experience in a tropical and exclusive location with many luxuries is extremely desirable.

It is this innovation forward thinking and the experience that of the tropical island life offers that attract so many people to Asia property resorts especially in the Philippines and in our opinion, if you are looking for a tropical climate, adventure and luxury as well as excellent financial returns with regard to rental income and capital growth then yes, the Asia property like that offered in The Philippines and Thailand are some of the most attractive on the planet today.

Asia property – the best investments in the world today -  beautiful & captivating paradise settings, discover & explore  the world famous Thai islands like Phuket & Ko Samui to over 7000 islands in the Philippines!

In our opinion Asia property offers the best opportunity to make an investment that will provide excellent financial returns in terms of rental income and capital growth potential as well as enjoyment and pleasure from using the properties yourself.

As you may know the countries in South East Asia like Thailand and the Philippines have many beautiful tropical paradise islands, some of which are home to top end island retreats and luxurious resorts.

Cacao Pearl

A new private island community called Cacao Pearl is being developed in the Philippines region of Palawan; a lush tropical island retreat that will be very exclusive – but with out the high price tag, an affordable option, bespoke villas on the private island from $400, 000

Each individual private island lifestyle is unique, impossible to replicate and unaffordable to most. Nothing quite compares with the feeling of being somewhere tropical with just a small number of fortunate people, all enjoying an exclusive lifetime experience. Palm trees swaying along the sand, a personal butler tending to your wishes, we’ve all dreamt of this paradise.

It is this innovation, the tropical island experience and way of life that is such a big attraction to many people.

For those that seek adventure combined with luxury as well as excellent climate, low cost of living and exciting and intriguing culture as well as great financial returns then Asia property has to be the way to go…..