Condotel for Sale in Baguio City, Philippines

Baguio City Furnished Condotel with 8% Roi/Year!

Camp John Hay Suites in Baguio City is a 366-unit condotel facility being built just beside the Manor Condotel. The Suites Condotel takes the place of what was once the 19th Tee Restaurant, a famous spot where golfers and guests converged for sumptuous meals with a breath-taking view of the golf course.

A former American rest & recreation facility, Camp John Hay replicates the American country lifestyle – modern yet rustic in a tranquil and serene forest environment embraced with a cool climate.

Located in Baguio City – 250 kilometers north of Manila, Camp John Hay is the only remaining protected pine forest reservation of the City, a haven for nature lovers and families for a much needed reprieve from their busy lives.
• 250 Km. north of Manila (4 hrs. by land travel)
• 45-minute plane ride from Manila (daily flights)
• 5,000 feet above sea level
• 250,000 Pine Trees
• Average temperature of 16 degrees Celsius
• Resort City and an Eco-tourism destination

Camp John Hay is generally a pine forest reservation. Only 250 hectares of the 1,600 hectare forest reservation is being developed into a Wholesome Family-Oriented Eco-tourism destination complete with world-class facilities perfect for leisure vacation or an extended vacation on a more permanent basis thru a Long term ownership until Year 2046.

Unit buyers at the Suites have the option of occupying their units for their personal and private use OR lease back the unit for 15 years for hotel operations. Under the leaseback agreement, unit owners are guaranteed a weighted average ROI of 8% for the first 5 years. For the 6th to 15th years, the owner can either avail of the guaranteed 8% ROI every year OR avail of the actual share based from the hotel's net proceeds from operations annually. On top of that, owners can enjoy the FREE USE OF THEIR UNITS FOR 30 DAYS EVERY YEAR!

And they don't need to think about maintenance fees, monthly dues and bills, security costs, insurance, etc. because these are already covered by the leaseback agreement.

WHAT'S MORE? Camp John Hay Suites offers a MONEY-BACK GUARANTEE on the unit price at the end of leaseback period or on year 2046!!


THE THREE GUARANTEES:

*G1 - Guaranteed 100% return of principal (unit acquisition price only, less all discounts) at the end of the leasehold term, in Year 2046

ADVANTAGES:
• Eliminates buyers’ concern regarding ‘leasehold’ rights;
• Buyers can pass on benefits to their children or heirs;

HOW?
An investment management account will be established & managed through a reputable, solid banking institution, BANCO DE ORO, which will be designated as the “TRUSTEE INSTITUTION”

*G2 - Guaranteed annual cash dividend of a weighted average of 8%, for the first 5 years, on leaseback units

ADVANTAGES:
Attractive investment with a guaranteed annual income, of a weighted average of 8%, for the first 5 years

HOW?
By duplicating the historical track record of CJH Manors for the past 8 years, CJH Hotel Corp can guarantee an average annual cash dividend of 8% for the first 5 years and 8% thereafter.


*G3 - Guaranteed completion/delivery of units by December 2009
- Target Date for Full Hotel Operations of Suites Phase 1 is on March 30, 2010
- Release of the cash dividends will be on April 2011
- downpayment of 30% will start earning dividends

PRICING:
* 70,000.00/sqm

* Studio Units (40 sqm) PhP 2,800,000.00. (Unit Cost).
* PhP 3,460,000.00 inclusive of fixtures, furniture and parking share.

STUDIO
•Average floor area of 40 square meters
•Units have balconies or picture windows.
•Microwave, refrigerator, modular cabinets and granite counter top for the kitchen
•Walk-in closet and dresser
•Toilet & Bath


* 1-Bedroom Units (80 sqm) PhP 5,600,000.00. (Unit Cost).
*PhP 6,920,000.00 inclusive of fixtures, furniture and parking share.

ONE BEDROOM SUITE

•An average floor area of 80 square meters.
•Living Room with sofa-bed and a balcony
•Dining Room
•Microwave, refrigerator, modular cabinets and granite counter top for the kitchen
•A Masters’ Bedroom with a sofa-bed, walk-in closet, dresser and T&B.
•An common T&B for guests and visitors.

* 2-Bedroom Units (120 sqm) PhP 8,400,000.00. (Unit Cost).
* PhP 10,380,000.00 inclusive of fixtures, furniture and parking share.

TWO BEDROOM SUITE

•An average floor area of 120 square meters
•Living and Dining Room with balconies
•Decorative fireplace
•Microwave, refrigerator, modular cabinets and granite counter top at the Kitchen
•A Masters’ Bedroom with a picture window and a T&B with a bath tub.
•A Second Bedroom with its own T&B
•A common T&B for guests and visitors

*GARDEN UNITS AND 2-BR LOFT TYPE UNITS ALSO AVAILABLE
*Mandatory 15-year leaseback for 2nd to 3rd Floor Units for Hotel operations
*Optional leaseback for LGF, UGF, 4th & 5th Floor Units

TERMS OF PAYMENT:
* Cash in 30 days with 10% discount on the unit price (PDC Required)
* 30% down payment in 30 days, balance in 24 equal installments without interest. (PDC Required)
* 30% down payment in 30 days, balance in 60 months with 14% interest (PDC Required)


* Discounts not applicable on the furniture and fixtures
* Reservation fee is P50,000/unit


WHY INVEST AT CAMP JOHN HAY?

•CJH is a beautiful mountain preserve. A 246 hectares showcase of ecological conservation in synergy with development.
•Ecology-friendly CJH strictly implements the Clean Air Act in its facility and incorporates recycling programs to its daily corporate activities.
•CJH in Baguio has a climate that averages 18º Celsius all year round. It also has a lower residential density and offers a lot more attractions and leisure amenities.
•A trip to CJH takes homeowners away from the urban jungle, moving them closer to the very heart of nature which gives you a true sense of relaxation.

THE THREE GUARANTEES ARE OFFERED ONLY FOR PHASE 1 OF THE SUITES WITH REMAINING 110 UNITS AVAILABLE! HURRY, RESERVE YOUR UNIT NOW!