Recently a related project was announced by programmers in the area of Metro Manila with the partnership of Pacific Concord Properties. The plan brings together a target of high rise buildings which would be twins, comprising of 42 stories in the Shaw Boulevard. This will be inaugurated and termed Lancaster the Atrium. Get more information about sale and purchase of property at Timeshare vs. Condotels.
This will be linked with the Lancaster Suites Tower which is the way the Atrium will be connected to a hotel-condo scheme. The prices of various units at the Atrium, based on their sizes which range from 300 sq ft to 1350 sq feet; are estimated to cost from $38395 to a later of $355,000.
The location is perfect as it is about a block away from the SM Megal Mall, Shangri-La Mall, Ortigas Center, and the Edsa Plaza Hotel. The Atrium also intends to construct a 5-floor basement level parking.
To be able to deduct the $400 monthly payments for the ownership of a studio in the Atrium, most people today prefer the deposit of 30%. Otherwise, there is a 6-year interest payment plan. It is estimated that the tendency of hotel-condo will grow to start from the Metro Manila into significant hubs such as Cebu.
The Philippines is seen today with growing interest by the tourists. This in turn brings a rise in demand for accommodation. This is the perfect time to begin such projects, in light of a new trend giving comfort and value for money.