guaranteed occupancy and room rates provide excellent returns on this established resort with non status finance

Continent Fairways Resort

An excellent opportunity to acquire an apartment on an established and favoured golf course on the stunning island of Boracay in the Philippines.

This development offers a fully managed investment opportunity with guaranteed returns at a minimum of 12.4%. After the running cost have been deducted minimum net yields are guaranteed dependant on the unit, between 12.4% and 14.2%. The Philippines is reported to be "the fastest growing economy in Southeast Asia" showing a "real domestic growth rate of 7.3%" therefore there is excellent potential for capital appreciation.

Non-status finance is available on this project at 60% of the purchase price with a term of up to 15 years.

The villa will contain just 56 suites comprising 42 studios and 14 of the well-proportioned two bedroom properties. The units will come fully furnished, and each owner of the properties will enjoy corporate membership of the Fairways & Bluewater Resort & Country Club, which will give full use of the golf course and the clubs amenities at any time.

The Fairways & Bluewater Golf Resort is a beautiful golf course and is a championship par-72 course created by Master Golfer Graham Marsh of Australia. It offers a perfect golf course with stunning water features and breath-taking views, complimented by the club house with excellent restaurant facilities, fitness centre, spa, swimming pool situated above the pretty beach of Paradise Cove.

The resort also offers other activities such as horseback riding on the beach and a number of water-sports including boating and scuba diving. The resort and golf club has recently received a Php 6 billion capital injection from one of the biggest real estate companies in the Philippines, which is being invested into new and improved amenities and renovations.

Boracay is the stunning preferred holiday destination in the Philippines. It is just one of the 7,107 islands that make up the Philippines and can be accessed by a 10-minute boat ride from Cataclan Airport. The island is renowned for its stunning beaches with white beach in Boracay reported to be one of the 10 best beaches in the world. This area is expected to increase further in popularity on the completion of the airport on neighbouring island of Caribo.

Whilst a relatively emerging market for the property investor the tourism market in the Philippines is already established. Tourism in the Philippines breached 3 million in 2007. In Q1 2008 tourism grew by approximately 8%, with the Koreans being the highest source. The growth seen in 2008 was due to a high percentage increase in tourists from Hong Kong, Canada, Australia, China and the UK.