Nottingham, United Kingdom (PressExposure) April 09, 2008 -- The Lancaster Atrium is 1 of 3 skyscrapers hosting these outstanding facility filled, fully fitted and ready to rent apartments amidst an expansive corporate environment thatâs abundant with established Filipino and multi-national companies, luxury hotels and restaurants and perhaps most notably, the world's first 24 hour floodlit golf course thatâs greatly appreciated by many a globe trotting investor who can be found unwinding or networking as they go.
In the 2nd quarter of 2007 the Filipino GDP growth rate hit 7.5%, making it Southeast Asiaâs fastest-growing economy and has attracted comparisons with Indiaâs economy in light of its rapidly escalating growth. This âbest of breedâ real estate promises higher than average yields (circa 12%) and with off-plan prices in the district having grown by 40% over the past 2 years, its evident financial rewards are undeniable. Foreign investors can own these apartments on a freehold basis too, though leasing to an in-house management company is optional and offers an expected rental yield of around 8%-12%. This highly rewarding investment opportunity certainly proves itself as one not to be missed and with the availability of interest-free credit allowing buyers to reduce their initial outlay and to spread their payments, theses apartments surely wonât be around for too long.
Find out more at http://www.davidstanleyredfern.com/investment-property/philippines/