Condotel Philippines

Resolved Question: My mother is in the US and I am here in the Phils. She wants to build a house here..but I don't want a house..

She was offered a 200 square meter lot for 10,040.64 USD... Lot only. And she said that she will build a home..... I told here that I don't want a home since I am already quite satisfied with what I have...... Instead, I wanted a condotel unit in Boracay Island, 1 of the top 10 beaches in the world according to yahoo that earns me a passive income... The price however is around 83,803.43 USD ... The computation of the ROI was that it could earn around 15,568.38 at 60% occupancy... Or was it 70...??? Anyway.... I wanted her to invest in something that will earn instead of just building a home... That way, in later life, she could maybe build a bigger home..... perhaps one that resides in a 2 hectare lot(Which will be built 10 years from now for real by the way) with my dad and my dad's siblings where each one of them have their possess houses....... For the mean time, since I have no need of a home.... I want an investment..... Good suggestion or bad suggestion? I want passive income. I want investments that earn big. That earn passive income. That maybe someday her investments will grow to an extremely big amount.... And will earn her MORE THAN ENOUGH INCOME WHILE NOT WORKING...... Whenever she asks me for what I want..... I always tell her.... I WANT INVESTMENTS RATHER THAN DEPRECIATING OBJECTS LIKE PHONES........ I am 17 and I am an investor. And I want her to be the same as well. In the end, she will not only have a home that is 200 square meters....... Perhaps 1000 square meter floor area of home or more.............. For my investments, I started with 2000+ USD mutual funds in the Phils. Also have savings accounts.

6 Dec 2007, 11:35 pm | click here to view more

Resolved Question: may i know of a descent,clean & not too expensive condotel near us embassy in manila?

3 Jul 2008, 8:28 pm | click here to view more

Resolved Question: Which is the best condotel to stay at while in the Manila area of the Philippines?

I am looking for a condotel in Manila which is close to major malls with a fantastic view.

27 Jan 2009, 5:46 am | click here to view more

Resolved Question: In Kota Kinabalu,would you recommend Marina Condo or Likas Condotel?

27 Apr 2011, 1:33 am | click here to view more

Resolved Question: What affordable hotels near Philippines International Airport in Manila and near also in Seaport.?

Please help me. Is Copacobana Apartment Hotel close those two places? How about REMCO CONDOTEL in Pasig City?

23 Mar 2007, 8:53 pm | click here to view more