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In buying a unit at Alta Vistad

de Boracay, you have two optaions. You can choose between a Residencial or a Condotel unit.
1. Residential - This unit is

packaged as regular residential property and is for the exclusice use of the buyer.
2 ndotel- if enrolled in the

Leaseback Program, owners can stay in their unit for free for 15 days each year,but for the rest of the time their unit will

be available as a hotel suite for guests. Should the owner wish to use the unit for more than the allotted 15 days, he has

to pay the regular room rate for each additional day.

What is Leaseback program?
Under the Leaseback program, your

Condotel unit will become part of a rental pool of units that will be identical furnished and rented out on a daily, weekly

or monthly basis and will be marketed and managed by professional hotel management operator. Membership to the program is on

a five-year contract period and may be renewed subsequently.

How does the unit owner earn from the Leaseback program?

The source of income is derived from room revenues. 70% of gross income will go to the operator, 30% to the rental

pool of unit owners. Each unit owner included to the pool shall entitled to a proportionate share of the 30% depending on

his unit area. Gross income will be distributed on a monthly basis.

ARE THERE ASSOCIATION DUES OR MAINTENANCE FEES

FOR UNITS ENROLLED UNDER THE LEASEBACK PROGRAM?

No Association Dues or maintenance Fees need to paid for units

registered under the Leaseback program. These will be shouldered by the Hotel Operator.

WHAT ARE THE ADVANTAGES OF

OWNING A CONDOTEL?

1. Income obtained from the Leaseback program helps you pay for your monthly amortization.
2.

You ll get continuous income whether your unit is actually rented out or not because of the proportionate distribution of

income from Rental Pooling.
3. Worry-free upkeep of the unit because it will be maintained by the condotel s

housekeeping.
4. You get whole ownership of the Colndotel unit as evidenced by a Condominium Certificate of Tilte (CCT)

5. Unit will TURN-OVER to the owner as FULLY FURNISHED.

FOR MORE INFO AND FREE VIEWING OF OUR MODEL UNITS pls.

feel free to contact Ms. Virgie at 0927-9649815
In buying a unit at Alta Vistad    de Boracay, you have two optaions. You can choose between a Residencial or a Condotel unit.  1. Residential - This unit is    packaged as regular residential property and is for the exclusice use of the buyer.  2 ndotel- if enrolled in the  &nb...
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