Property Investment Opportunity in Philippines Manila

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 that’s 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 that’s 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 Asia’s fastest-growing economy and has attracted comparisons with India’s economy in light of its rapidly escalating growth. This ‘best of breed’ 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 won’t be around for too long.

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About David Stanley Redfern Ltd

David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

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Press Release Submitted On: February 07, 2008 at 5:10 pm
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