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Apartment/Flat Description
Genuine 5 star beachfront resort, Lavish and luxurious apartments for sale, Fully managed by a five star group, Located on White Beach, next to Friday's resort, Amazing contemporary design and architecture, Price range from just $155k USD up to $600k USD, Staggering yields from 23% upwards (at just 55% occupancy), Construction 50% complete already, No restrictions on foreign ownership
The pre-launch pricing for properties in One White Beach start from just 6.8m php (circa $157k usd / £95k gbps) for a fully furnished luxury one bed of 55 sqm - this is the lowest ever pricing that this project will see!!
At a Glance
Driven by absolute demand, One White Beach will be the first five star branded residential resort development on Boracay. It will be the most chic and fashionable hang out on the world famous, pristine shores of White Beach. There is an acute shortage of luxury accommodation on Boracay and so the launch of One White Beach is timed to precision to complete this seriously sexy gap in the market. Not yet released to the general public, Claire Brown Realty is exclusively offering fully furnished limited edition residences at heavily discounted pre launch prices...
* One White Beach is an ideal opportunity to own a fully managed 5 star residence within a resort setting on the increasingly popular Boracay island ? the build quality, hotel facilities and service will be unrivalled
* Boracay is one of the world?s top holiday destinations and as such is an acute shortage of international standard luxury accommodation on the island. Tourism arrivals to Boracay grew by 20.3% in 2010 and visitors are forecast to top the 1million mark by 2012 ? One White Beach really has been determined by demand
* Conservative rental projects range from 19.8% to 34.1% depending on property type ? these figures are based on low rack rates and just 55% occupancy ? please ask to see a breakdown
* Construction is 50% along already and the resort is due for completion in Q4 2013
* No restrictions for foreign buyers
* One White Beach is now accepting fully refundable reservations in a pre-launch campaign. Earlybird pre-launch discounted of 10 to 15% from prices are offered to our first investors exclusively
There are just 38 properties available at the earlybird prices so hurry to select your beach property ? these amazing investment properties will not be around for long!!
Location
Just seven km long and one km wide at its narrowest point, Boracay is located north west of Panay Island in the Visayas archipelago of the Philippines. Boracay is the number one beach destination in the Philippines with over 650,000 local and international visitors arriving each year - this is expected to jump to over 1,000,000 by 2012. Tourism is changing on Boracay and there is a demand for more luxury accommodation. Perfect for a beach holiday, Boracay is just over a one hour flight from Manila. It is a small and stunning tropical island, complete with coral reefs, crystal blue waters, thriving marine life, powder white sand and beautiful plants.
Boracay Island has been hailed as one of the "Top Ten Beaches of the World" by CNN and Conde Nast Traveler Magazine, and is cited as one of the "Top Ten Beach Destinations" by the Asian Wall Street Journal. It also won the "Best Travel & Leisure Destination" award in the Travel Weekly China Travel and Meetings Industry Awards 2010.
The famous White Beach with its powdery sand stretches just over 3km along the west side of the island and One White Beach has a prime location to the Northern end. White Beach is ideal for those wanting to relax the day away and activities such as sailing, snorkeling diving, kite surfing etc are widely available. The fun doesn?t end when the sun sets on White Beach ? the nightlife is pulsating, there are plenty of restaurants and bars serving delicious food, drinks and fun!
The Resort
One White Beach will be a world of tropical elegance with exceptional service and five star resort facilities. The One White Beach development team combines some of the top design minds internationally, to ensure an excellent quality of finish and a supreme level of residential service and pampering to rival the best in the world. Simply put One White Beach will be a project of the upmost quality in one of the world?s best beach destinations.
Restaurant
Amenities include world class restaurants, luxury spa with excellent choice of treatments, fitness suite, 24 hour lobby, swimming pool, art gallery and a unique roof garden. One White Beach will go above and beyond in levels of service ? personal shoppers, technical support, travel planners, dedicated fitness trainers and personal chefs will all be on hand to ensure that every guest?s stay is the absolute best it can be.
Properties
One White Beach will feature luxury one and two bed apartments and penthouses. Contemporary tropical interiors open up to private lanais and decks making the most of the spectacular views. Gourmet kitchens are distinguished by hand crafted millwork granite countertops. Beautiful bathrooms with deep sunken tubs, in-suite laundries and the very latest in entertainment technology will add to the blissful comfort of a residence at One White Beach Top of the range appliances such as sub-zero refrigeration systems and wine storage are also available on request.
Pricing
The pre- launch pricing for properties in One White Beach start from just 6.8m php (circa $157k usd / £95k gbps) for a fully furnished luxury one bed of 55 sqm - this is the lowest ever pricing that this project will see!!
Payment Schedule
30% on signing the contracts after 30 days due diligence period
15% July 2011
15% October 2011
15% December 2011
10% Jan/ Feb 2012 (on completion of your property)
15% Q4 2013 on turnover
Rental Return and Owners Usage
Guaranteed Rental
For those entering the rental programme yields are guaranteed at 10% for 3 years. Owners are welcome to use their property for 4 weeks a year
Variable Yield
This is based on a 50/50 revenue split and yields are forecast between 19.8% to 34.1%. Owners usage is unlimited and investors are always welcome to enjoy their properties
Management and Home Owners Association Fees
Properties come fully managed and maintained. There is a monthly fee of php 400 (circa $9.50usd / £ 5.70 gbps) per sqm per month which covers full management and maintenance of your property and the common areas
Tenure
One White Beach is offered freehold there are no encumbrances for foreigners
Completion
Construction is already well ahead and the residences in Building 1 and Building 2 will be completed by December 2011 with the entire project being completed in Q4 2013
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Approximate price of this 1-Bed Apartment
€118,705 EUR |
£95,000 GBP |
US$148,928 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment |
| Bedrooms |
1 |
| Build Size |
0.00 |
| Category |
Re-Sale |
| Listed |
over 6 months ago |
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Map of Boracay Island, Unknown, Philippines
Real Estate Agent Listing this Property
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Price: £95,000
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