THE RITZ -CONDOTEL INVESTMENT IN CLARK,ANGELES CITY PAMPANGA,PHILIPPINES

THE RITZ BEST WESTERN HOTEL 
Angeles city, Pampanga,Philippines

Nestles in an urban residential enclave, Best Western The Ritz in Angeles City, Pampanga, promises security, privacy and accessibility. Its unique location takes travelers off the beaten path, but never far from Northern Philippines major destinations. The Diosdado Macapagal International Airport, Clark Freeport Zone, Angeles City center, and (via the SCTEX) Subic Bay are minutes away.

LOCATION 
Malabanias Road, 2009 Clark, Pampanga,Philippines                                                                     

BUILDING PERSPECTIVE
Upper Ground Floor Plan

Typical second to sixth floor Plan



Mezzanine Floor Plan

WHY US?

1.Close to Airport:just 90 minutes North of Manila Philippines.Angeles City is the Entertainment capital of the Northern Philippines and the region's Travel,Investment and Leisure hub.International and Domestic traffic in the Diosdado Macapagal International Airport reached almost 550,000 passengers in the first half of 2012 alone and a 54% increase from the previous year.

2.Flourishing Business Center:Best Western The Ritz is a premier condotel that offers the opportunity to earn. Each unit is cinfigured to fill every home need and investment appetite. Hotel units earn recurring income as part
of The Ritz, the first hotel north of Manila managed and operated by Best Western International. One may choose a cost-effective single unit or combine two or more for maximum yield.

3.Strong and Solid Investment:Best Western International is the largest hotel chain in the world.With more than 4,000 hotel and resort in over 90 countries and territories.Best Western is among the most recognizable brand in the world with over 70 years of pioneering experience in the Global Hospitality Industry.

4.Projected Revenue for the first five (5) years after construction:

Year 1:At 50% occupancy rate,Php4,000 per night,with 3,916.28sqm as total gross area of condotel units,net income before tax per square meter is projected at Php7,684.21.At 34.20 sqm per unit,total projected income is Php262,800.00

Year 2:At 62% occupancy rate, Php4,000 per night,with 3,916.28sqm as total gross area of condotel units,net income before tax per square meter is projected at Php9,528.42.At 34.20 sqm per unit,total projected income is Php325,872.00

Year 3:At 72% occupancy rate, Php4,200 per night,with 3,916.28sqm as total gross area of condotel units,net income before tax per square meter is projected at Php11,618.54.At 34.20 sqm per unit,total projected income is Php397,354.00

Year 4:At 75% occupancy rate, Php4,300 per night,with 3,916.28sqm as total gross area of condotel units,net income before tax per square meter is projected at Php12,390.79.At 34.20 sqm per unit,total projected income is Php423,765.00

Year 5:At 75% occupancy rate, Php4,300 per night,with 3,916.28sqm as total gross area of condotel units,net income before tax per square meter is projected at Php12,390.79.At 34.20 sqm per unit,total projected income is Php423,765.00

Based on these Projections,at Php95,000 per sqm cost,payback period is within 8 years after construction.

5.Perfect Investment: Condotels are a very low maintenance properties,someone else maintains it, rents it out and report on its cashflow.Angeles City ,Clark Pampanga ranked as no.1 Hotel development hot spot.

Terms of Payment

Launch price is Php95,000 per sqm

30% Downpayment:Within 2 months(if terms is 2 years to pay)

                                   Within 6 months(if terms is 3 years and 5 years to pay)

70% Balance :@ 9% interest per annum @ 2 years to pay

                         @ 11% interest per annum @ 3 years to pay

                         @ 14% interest per annum @ 5 years to pay

For the first 30 units to be sold pre-launching price is

Php 95,000 per sqm

Less Php12,000 discount

=Php 83,000 per sqm.

For the First 15 units to be sold PROMO Price is:

Php 75,000 per sqm

30% Outright downpayment

70% 12 months to pay at zero interest with PDC's

For Inquiries and Personal Presentation Contact us through:

Joebel M. Roa
CARENET Multi-purpose Cooperative
Mobile #: +63-917.913.5075
Email: ritzcondotel@gmail.com