Updates on Boracay Eden Condotel at Fairways & Bluewater Golf Resort

Standard floor plan of Queen Suites (34 sqm)

front view of the Boracay EDEN Condotel at completion

BORACAY  EDEN DESCRIPTION:

Standard Toilet and bath fixtures at the EDEN King suites

Fairways&Bluewater Golf Resort, 8th Hole

EDEN is a 54 unit development located closest to the main gate facing
towards the 8th hole on Fairways.It is the smallest building on Fairways.

It is named EDEN (after the garden of Eden) as it sits on the largest land
area with approx. 4,000sqm of landscaped land in front of the project for
residents to enjoy. It was mainly because of this and its access to
transport at the front gate that NihonPac chose the site.

Special features included in the project worth noting are:
1. All unit have a large bathroom with a window portal overlooking the room.
2. All ground floor units will have an extended small garden terrace area
off the balcony forming part of their immediate area.
3. EDEN units  have been designed in a modern Japanese/Thai theme.
4. EDEN is the only building on Fairways that will use energy saving
lighting and water saving technology.
5. EDEN is planning to have its own private swimming pool, Bar B Q and
children’s play area exclusive to the project.
6. Original oil paintings commissioned for EDEN per room plus lovely
oriental lacquered pieces from Burma.

PRICES:
QUEEN- 34sqm: US$ 97,000.
KING -   39sqm: US$112,000.
ROYAL-  68sqm: US$200,000. (one bedroom 2/F units).

Clients are required to pay a USD2,500 deposit on signing the Reservation
Form and sign the Contract of Sale and Fit Out Agreement for terms payments.

TERMS of PAYMENT:
1) 10% deposit and the balance 90% less 7% discount for cash on signing the
Contract of Sale within 30 days.
2) USD2,500 down. 50% within 30 days and the balance on completion or before
the 1st March 2009, which ever is the earlier.
3) USD2500 down.  30% within 30 days and the balance over 35 month’s in
quarterly payments at 14% interest as in-house financing.

COMPLETION:
EDEN is expected to be completed on around February 2009. Quantum will be
pre-marketing the rooms ahead of this date and have advised the units should
be immediately leased out once the unit owner settles and they are
transferred to the Management Co.

OWNERSHIP.
The units are being sold with FREEHOLD TITLE and so all owners can receive a
Certificate of Title and seek a bank mortgage. We are expecting these will
be issued within 3 months through our JV partners, Fil Estate.

LEASE-BACK MANAGEMENT:
All unit owners will be required to place their unit with the Management Co.
on Fairways . We have renegotiated for unit owners to enter into a 5 year
lease back with a 5 year option agreement with the Condotel management
(previously 15 years). We are waiting to get a draft but the new managers
are Quantum Hotels operating under New Port Creek Hospitality group.

Income will be distributed quarterly through New Port Creek.
Unit owners will also receive an audited report from Quantum of income and
expenses for the year on request.

30 DAYS ACCESS:
Unit owners will have 30 days free access to live in their unit throughout
the year. This can be in multiples or at one time.

As EDEN is located on Fairways and Bluewaters golf course it is one of the
only buildings, selling units on Fairways that gives unit owners free
playing rights on the golf course. All other building owners will be
required to pay as they play at a cost of approx. USD120 a round.

RETURN on INVESTMENT:
We project unit owners will receive on average approx. 9-11% income from the
management Co. over the first three years.  We add that should a unit remain
vacant in the month the unit owner will receive the same dividend as an
occupied unit based on the same sqm area. All income is pooled and expenses
deducted and the balance is then distributed to all unit owners based on
their unit size.

EDEN TOILET & BATH for the King suites

 

EDEN King Suites Living Room

EDEN King suites showing Door to Lanai

:
We have in place an optional Rental Guarantee offer to units owners.
We are offering a minimum 5% rental guarantee offer for 5 years.
Anything over 5% earned and NihonPac will receive 10%.

I.E  If the annual income for the unit is 10% to the unit owner.
Owner will receive 9.5%.
NihonPac will receive 0.5%.

This is an optional offer. Some unit owners have agreed to take the
Guarantee whilst a number have chosen not to seek the Minimum Guarantee
offer.

For more information please email me with queries.

Regards,

 

 

ENGR. JOSE MA. REGALADO

Group Marketing Director

NihonPac Developments, Inc.

Unit F-3, La Fiesta Resort, Front Beach

Station 1, Balabag, Boracay Island, Philippines

Mobile : +63 9178529563

Email Address: josemaregalado@yahoo.com

                         enjoyboracay@yahoo.com

Website : http://joe.boracayeden.com

BORACAY-HOW TO GET THERE

HOW TO GET TO BORACAY ISLAND BY AIR, LAND AND SEA Boracay Island is 300 Kilometers away from the Philippine Capital city of Manila and is very accessible by land, air and sea. Traveling to Boracay requires a combination of these modes, all routing thru the quite entry town of Caticlan. It takes a 35-minutes flight from Manila to Caticlan via SEAIR or ASIAN SPIRIT .Kalibo international Airport is the landing area for bigger planes like those of Philippine Airlines and Cebu Pacific. A quick and scenic 70 kilometer land trip takes one to Caticlan.  Once you are in Caticlan, you can either  take the ferry boat at the caticlan port straight to Boracay Island, a 15-20 minutes ride thru motorized banca (boat), or if you are the lucky one who have invested in Fairways & Bluewater Resort Golf and Country club condotels, you can travel in comfort From the Fairways & Bluewater Welcome Center at Caticlan, have your cool complimentary drink before boarding their exclusive boat. Guests take a scenic 15-20 minutes boat ride directly to the resort’s private jetty port, eliminating the hassle of riding a boat at the public port of Boracay. For more adventure in travel, one may opt to take the  Bus-ferry boat service from Manila and Batangas to Caticlan. Just an overnight ride takes one to Boracay.               For more info on traveling to Boracay

 please contact:  ENGR. JOSE MA. REGALADOREAL ESTATE BROKER LICENSE NO. 5987        

  E-MAIL ADD.  :  josemaregalado@yahoo.com,   enjoyboracay@yahoo.com

MOBILE No.   :  +63 917 8529563     

Boracay Eden condotel

 

BORACAY ISLAND , MALAY, AKLAN,PHILIPPINES

TELEFAX No

.  : +632 8926709

WEBSITES     :  http://joe.boracayeden.com                         http:/www.ABCENTURy.COM 

Boracay Eden

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

 

 

 

 

Unforgettable Shorelines. Unrivalled Beauty. Unequaled pleasure. BORACAY. One of the world’s ultimate tropical paradise. With crystal-clear waters lapping languorously at a seemingly endless stretch of white sands. with swaying palm trees bending to the  winds. BORACAY EDEN is nestled on the 8^th hole of  Fairways & Bluewater’s 18-hole,par 72 championship golf course, master-crafted by one of the world’s golf designers, Graham Marsh. q        A cluster of 7 Villas near the entrance of Fairways & Bluewater       72 units per villaq        Initially 6 villas to be put up or a total 432 units in all.

q  Fil-Estate Urban will finance 2 villas while the other 4 will be financed by various joint venture partners. BORACAY EDEN is Financed by NIHON PACIFIC GROUP, an investment group based in Hongkong with extensive investments in condotel developments in Southeast Asia. NihonPac Developments Inc is part of Nihon Pacific Investments, Plc  in Hong Kong which was founded 17 years ago. The developer has entered into a joint venture with Fil-Estate to complete and manage BORACAY EDEN building on the 8^th hole of the FAIRWAYS & BLUEWATER GOLF AND COUNTRY CLUB golf course. NihonPac’s founder is also directly involved and helped found Pacific Concord Properties Inc in Manila, which is building a 1,200 unit development in the heart of the city and a second project in Cebu with a total value of over USD 150million. Fil-Estate chose NihonPac as its partners because of its experience in Asia and the Philippines. Fil Estate is one of the largest developers in the Philippines

q      Unit sizes are 34 sq.m. for the Queen’s Suites  and 39 sq.m. for the         King’s Suite . Each building offers 34 FREEHOLD TITLE units over three         floors. Units are fully furnished and are expected to be ready for guests         from December  2008 on completion

q        As part of the expansion added value to owners’ property, FIL-ESTATE, (the course owners who are one of the top public listed property companies in the Philippines) is about to commence work on the following additional clubhouse and recreational facilities: 

q  Second 1,000sqm pool on the beach with restaurants an shopping    town   centre.

q  Private direct boat access to a new docking station at the beachfront for residents and guests.

q  A new health and spa centre, 24-hour security and access to quality restaurant/ beach bar facilities located on the beach land in front of the project, which is controlled by the developer

You can own a piece of Paradise by investing in this beautiful condotel, the Boracay Eden, a fully- furnished fully-finished five-star condotel inside the only golf course in Boracay Island, the FAIRWAYS & BLUEWATER… As a condotel owner, you enjoy full ownership of your unit plus ADDITIONAL BENIFITS.. ·          Free use of your unit or its equivalent unit  for THIRTY (30) days per        year non cumulative. Each unit owner will enjoy 30 days free use of        their unit including on week in peak season each year. Boracay enjoys 4 peak seasons a year. 

·          Free playing rights at the FAIRWAYS & BLUEWATER  GOLF COURSE and access to all spa and club  Facilities

·         Free monthly maintenance and utility charges during THE FIFTEEN (15) YEAR leaseback period    

 ·         Secured ownership, covered by a Transfer Certificate of Title (TCT)    

  ·         Maintained by a Professional Hotel Management  Group offering a           15 year  leaseback period  

 ·       Yearly dividends from hotel operations
 ·         Private and exclusive condominium development comprising only of 34 
        fully furnished units  

 ·       Estimated Rate of Return on Investment (ROI) of Ten Percent (10%) per
        annum starting the third year. 

Units on FAIRWAYS & BLUEWATER enjoy security, privacy and an excellent cool sea breeze from the balconies. BORACAY EDEN ground floor residents will have access to large garden terraces. All units also have large bathrooms with portal window from the shower and big balconies.

  Boracay Eden’s Investment and Income Management:The project offers an offshore investor the chance to own a strong rental income property within an existing successful resort development on Boracay under a professional management company ensuring the units enjoy a healthy occupancy rate each month. Unit owners will be required to put their unit into the Rental Condotel program for 15 years and receive gross income from the pool. Projected income for the first year is expected to pay from approx. 8~10% net to the unit owner.NB. All % projections are made without prejudice or guarantees .Boracay attracts over 650,000 visitors a year, which is expected to jump to over 1,000,000 by 2010.

 

BORACAY EDEN CONDOTEL
34 units available for sale
SAMPLES COMPUTATION
MODEL	KING SUITES		QUEEN SUITES
Floor area, sq.m..		39		34
Contract Price	P	4,485,000.00	P	3,910,000.00
	$	112,125.00	$	97,750.00
30% Down payment	P	1,345,500.00	P	1,173,000.00
	$	33,637.50	$	29,325.00
70% Balance	P	3,139,500.00	P	2,737,000.00
	$	78,487.50	$	68,425.00
Monthly Amortization	P	107,308.11	P	93,550.66
(36 Mos.@14% Interest p.a.)	$	2,682.70	$	2,338.77
*Exchange Rate : 1US$=PhP 40

                             1. Prices are subject to change without prior notice .The owners reserve the right to make changes and alterations on the plans and finishes if it believes that it will improve the project and the shareholders’ value.  2. US dollar to peso exchange rate is assumed at PhP40=1US$. Prices of units are in Philippine Peso and its dollar equivalent is just an assumption for purposes of presentation. Exchange rates will be based in current exchange rate at the time of payment.3. Cash purchases either in Peso or in US Dollar shall have a TEN Percent(10%) discount if paid with in seven (7) days from time of reservation. A non refundable Reservation deposit of P100,000.00, which forms part of the down payment, will be good for sixty (60) days. COME VISIT US AT THE SITE, BORACAY EDEN @ FAIRWAYS AND BLUEWATER, NEWCOAST, BORACAY and enjoy nature’s beauty in the most exclusive and private  setting…YOU’LL WISH YOU CAN LIVE THERE…FOREVER.

FOR  DETAILS PLEASE CONTACT:   ENGR. JOSE MA. REGALADOREAL ESTATE BROKER LICENSE NO. 5987E-MAIL ADD.  :  josemaregalado@yahoo.com , enjoyboracay@yahoo.com

MOBILE No.   :  +63 917 8529563TELEFAX No.  : +632 8926709

WEBSITES     :  http://joe.boracayeden.com                     http:/www.ABCENTURy.COM 

P.S. Please invest in the Philippines. In investing in Philippine Real Estate you help our country, our industries, our people, attain a better life like you do. Please visit my websites for some Philippine investment opportunities. P.P.S. I will highly appreciate it if you can refer to me your friends, relatives and kababayans who are patriotic minded like you and are willing to invest in our country, to help us improve our economy and provide income opportunities to our countrymen here in the Philippines. 

 

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

Boracay Island ,Malay, Aklan, Philippines

Fairways&Bluewater Golf Resort, 8th Hole

front view of the Boracay EDEN Condotel at completion

Boracay Eden ground Floor layout

Standard floor plan of Queen Suites (34 sqm)

Boracay Eden 2nd Floor Lay out

Boracay Eden 3F Fllor plan & Lay out

Standard Toilet and bath fixtures at the EDEN King suites

2 beds of EDEN King Suites

EDEN King suites showing Door to Lanai

EDEN King Suites Living Room

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