Overseas property buyers and investors now have the option of investing in hotel rooms in the Philippines.
For the first time in its almost 30 year history, the award-winning Century Properties has embarked on its first ever hotel project in partnership with the world-renowned hotel chain Accor.
The real estate firm is now offering individual investors the opportunity to own a part of a hotel project with the Century Fractional Ownership Program. This allows investors to purchase a share with Century Acqua Lifestyle Corporation at Novotel Suites Manila. Besides annual rental income, investors can benefit from customised luxury vacations at multiple destinations worldwide, as well as hassle-free property management, according to the firm.
Soaring 41-storeys, Novotel Suites Manila will bring an international branded hotel experience with exceptional service and excellent amenities a bridge away from the Makati central business district.
Source: www.exclusivecenturypremiere.com
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg