Boracay Bay Paradise Resort - Unique Investment Opportunity
Since a couple of years the Philippines´ economy has stabilized and the year 2007 saw stunning figures; a 7.5% economic growth in the second quarter of 2007, followed by another 6.8% growth in the third quarter 2007. Tourism is booming, especially with Koreans and Chinese flooding the destinations like Cebu and Boracay, setting a new record in the number of foreign tourists arriving in the Philippines. Here at home in the Middle East, Dubai, as well as many other parts of the world are humming as usual and thus more and more Filipinos become affluent with a residual income that allows them to invest their hard earned cash back home. This concept of shared ownership at Boracay Island offers shares certificates at only US$ 10,000 and opens a new avenue for Filipino middle income earners who are not yet decided how long to stay abroad and how to invest and build up value with a much lower entry bar and a lesser financial commitment, than a usual house or condominium unit. This investment proposal is not a short term investment but a medium-term asset with the chance of profiting from the unique economic and touristic growth in the Philippines, especially in Boracay Island. As tourism is well recorded by statistics over the last years, it allows making better projections and assessments as indicator for future performance. For this reason, we have selected a Boracay resort hotel over a residential or commercial project. |
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