Alta Vista De Boracay developed by DMCI Homes, Inc is now operational. Alta Vista De Boracay is a Triple A Resort being managed by BRCYL International, a hotel management company also operating resorts in Hawaii. Rental Rates vary from $120 to $180 per day. It operates as a resort and a residential condominium unit. Unit owners have the option to live in it or enroll in the Hotel Operations to earn from rental incomes.
Investing in a Condominium Hotel or Condotel is one of the best real estate investment in the Philippines especially to Foreigners or Balikbayans and Filipinos who are based abroad because this kind of property allows you to enjoy your unit for vacation and earn the rest of the time that you are not using it. If you own a condominium unit in Alta Vista De Boracay, you can enroll it in the Lease back program where in your unit will be rented out to Tourists 350 days a year and 15 days is allocated for you to use, Free of charge of course because it is yours.
There is a corresponding rental sharing between the unit owner and the hotel operator. And the earnings are given periodically.
How nice it is to have a property in a world class destination, especially Boracay which is dubbed Best Tropical Beach in the World with its prestine white sand and crystal blue waters. And how awesome that you can have a property that will be maintained to tip top hotel standard.