New Launch in the Philippines

15 December 2008

Principal International are delightedPrincipal International are delighted to advise their clients of the launch today of this excellent project of just 145 units with guaranteed rental returns (annual yields predicted 16.7-19.5%) and non status finance in the Philippines. Mactan Development Philippines

Mactan Beach Resort and SpaGiven the small number of units on this development and the excellent projected returns we urge our clients to act fast to avoid disappointment.

Brief Outline of the project

Located on the highly regarded eastern side of Mactan Island, this delightful resort and spa offers beauty & tranquillity, set within the pearl of the orient and just 20 minutes from Cebu International Airport. Covering 10,000 sqm with its own private beach, this stunning development boasts views of the Bohol Straits and Cordova Island.This is a select development of just 195 rooms and with only 95 studio suites, 25 two bedroom suites, 10 two bedroom and 10 three bedroom pool villas available for private ownership with a condominium title. This is complimented by 26 Spa treatment rooms, swimming pools, play areas, restro bar, conference facilities, play area, shopping ,watersport facilities including a diving centre and a superb professional gymnasium.The rental guarantee for this development is offered by the developer and clearly defined in the legally binding Sales and Purchase contract for the property.

Investment projections are available on request.There is also non status finance available of 60% LTV.The location is key and the ease of transport will appeal to the established Korean and Australian tourism market.For further details see: Mactan Beach Resort and Spa