Alta Vista De Boracay

Alta Vista de Boracay is the ONLY condotel-residential community in Boracay that offers a private, secured resort experience for those who want to be assured of a place to stay in Boracay – anytime of the year. Presently, it is the biggest condominium hoteldevelopment in Boracay.

• Alta Vista de Boracay is located at Brgy. Yapak (northern part of the Island) and is a few minutes away from White Beach and Puca Beach. • Its hilly terrain provides unit owners and guest complete privacy and tranquility so they could relax and unwind while on the island.

Why Invest in Alta Vista de Boracay? • Alta Vista de Boracay was developed not only to provide families a warm and welcoming vacation home in one of the world’s most attractive tropical paradise but also a very sound investment.

Why Invest in Alta Vista de Boracay? It offers these incomparable benefits : - Accessibility - Ambiance - Amenities and Features - Assurance - Leaseback Program

Accessibility Alta Vista de Boracay is a short 5 -minute drive to the world famous White beach and to the island’s commercial complex the D’ Mall. It is also a minute drive to the private and secluded Puca Beach if you wish to seek refuge away from the island’s activities.

Ambiance It is set atop a hilly terrain, a perfect backdrop for those looking for privacy and exclusivity amidst the mountain setting. The enthralling cool breeze is a milieu to a fantastic laidback atmosphere.

Amenities and Features Alta Vista offers complete resort-hotel amenities as well as recreational facilities. The units come fully-fitted and fully furnished, including LCD TV, beddings, refrigerators, etc.

Assurance You’ll always have a place to stay, all-year round, whenever you are in Boracay. You can absolutely forget about the hassle of booking for a hotel and the dismay to the changeable hotel rates come peak season. Now you need not worry about making reservations or looking for accommodations. You’ll always find a welcoming home in Alta Vista de Boracay

Leaseback Program

The Leaseback program is Alta Vista de Boracay’s innovative approach to ensuring that unit owners get as much from their investment as possible. It lets you earn from your investment without requiring any effort from you.

BUILDING FEATURES • Each building consists of 3-storey walk-ups. • There are 10 units per floor • Single loaded corridors offers maximum privacy to the unit owners. • Ample water supply • The total development is perimeter-fenced and with 24-hours security

Unit Types & Features

PANORAMA (Approximately 45 sqm.) A cozy studio with warm and inviting interiors. Unit Area Dimensions: Living Area Toilet & Bath Balcony

32.50 sqm 6.50 sqm 6.00 sqm

Pinnacle 1-BR Loft (approx. 62 sqms). A trendy loft with a more contemporary use of space. Unit Area Dimensions: Living Area Toilet & Bath Balcony Loft

31.50 sqm 7.50 sqm 6.00 sqm 17.00 sqm

The Clubhouse includes the ff. features : •Main reception & dining area •Game room •Lounge area •Spa service •Viewing deck •Business Center •Audio-Visual Room •Snack bar

Infinity pool with gazeboes

Well landscaped surroundings and open spaces

Alta Vista de Boracay will be having its own shuttle service van, making for a convenient travel within the island.

Hotel Operation The entire operation, marketing and management of the hotel would be handled by a professional Hotel Management team assuring unit owners and guests a delightful experience whenever they visit Alta Vista de Boracay.

Turnover Finishes

A. Floor Finishes Living, Dining & Kitchen Loft Toilet floor tiles Balcony floor tiles B. Wall Finishes Interior walls Toilet C. Ceiling Finishes Living, Dining & Kitchen Toilet Loft D. Kitchenette E. Door Entrance Door Toilet Door Balcony Door F. Windows G. Finishing Hardware

Wood parquet w/ baseboard Wood parquet w/ baseboard Ceramic Ceramic Painted plain cement finish Painted plain cement finish above tile Painted plain cement finish Painted moisture resistant gypsum board finish Painted gypsum board finish China red granite countertop w/ cabinet system Solid wood panel type door on metal jamb Solid wood panel door on metal jamb Aluminum sliding door on analok finish Aluminum on analok finish Schlage or approved equivalent privacy lockset for entrance door and toilet and bath door

H. Toilet & Kitchen Fixtures Water Closet

Hawson one-piece elongated siphon-jet system or quivalent Lavatory Hawson under the counter wash basin on China red granite countertop Shower Faucet & Fittings 3-jet spray hand shower, chrome plated valve & faucet Soap Holder & Toilet Paper Holder 6”x6” wall recessed type toilet paper holder, 4”x8” wall recessed type soap holder Kitchen Sink Single bowl 20x21 stainless steel sink Bath Tub “Hawson” or approved equivalent COMMON AREAS A. Floor Finishes Stair Ceramic floor tiles Hallway / Corridor Ceramic floor tiles B. Wall Finishes Stairwell Painted plain cement finish Hallway Painted plain cement finish External Wall finish Plain and textured paint finish C. Ceiling Finishes Stairwell Painted finish Hallway Painted plain cement finish

Investment

With a unit at Alta Vista de Boracay, you’ll not only have your very own home, you’ll also be getting an additional source of income through the Leaseback Program.

Investment Condotel units are available for people who will only use their rooms for a number of visits each year. They can enroll their unit under the Leaseback program, which means that it becomes part of a pool of units under the hotel management that will be rented out while the unit owners are away.

Investment Under this program, you can stay in your unit for free for 15 days each year. But the rest of the time, your unit will be leased out to other hotel guests. The revenues generated from this and other rented out units will then be combined, and 30% of the revenues will be divided among the unit owners themselves.

The great thing about this arrangement is that the hotel operator will take care of everything for you. They’ll be in charge of marketing and managing your investment.

No effort will be required from your part, except to collect your share of 30% of the revenue.

Also, the maintenance of your unit would be taken care of by the hotel operator, adding to the already attractive investment prospect.

What is a Condotel Concept? A condotel is a condominium project is operated as a commercial hotel eventhough the units are individually owned. It usually have a registration desks, that offer short term occupancy, food and beverage services, daily cleaning services

FAQs

What is the advantage of owning an Alta Vista de Boracay condotel? As the unit owner, you have the option to use your condo hotel unit when you choose. As a condotel enrollee, when you are not occupying your suite, you have the option of placing your unit in the hotel’s rental management program to which you can expect to receive a percentage of revenue. The management company is responsible for housekeeping, maintenance and rental services.

How does Leaseback program differ from timeshares? Leaseback Program differs from a timeshare because here you possess whole ownership of the unit evidenced by a Condominium Certificate Title (CCT). At a time share, you are a very small owner of the property only enlisting a right to use.

How does the Condotel Operate? Alta Vista de Boracay, upon condotel operation and commercialization, will generally operate as a resort-hotel .Alta Vista de Boracay will allow a total of 15 days each year usage of the unit with special accommodation provision during the peak season. 3 weeks advance notice is required by the hotel operator to properly manage the room’s availability. Having it run by a professional operator, unit owners need not worry about maintenance, housekeeping and other concerns or problems common in conventional leasing.

Who will operate Alta Vista upon hotel operation and commercialization? Alta Vista’s hotel operation shall be managed separately by a professional team or operator to be determined at a later date. Common responsibilities of the operator include the room reservations and marketing, accounting & general housekeeping and maintenance, food and beverage operation and concierge services. How can my unit be qualified to enroll under the Leaseback Program (rental pooling)? Upon turnover of Alta Vista condotel unit, they may immediately lease-back their unit to the condotel/hotel operator.

What is the minimum period of having Alta Vista condotel units enrolled in the lease-back program? The minimum period you can have your unit enrolled in rental pooling is five (5) years. If a unit owner uses his unit more than the allowed number of days in a year, how does this affect their share in the rental income? Under normal practice, the unit owner will have to pay the regular rental rates when they use their unit in excess of the allowed number of days. However, your payment will also be included in the computation for rental revenue share. What will happen if the unit owner was not able to utilize his fifteen (15) day benefit in a year? Since the enrolled unit was unused, the unit shall continue to generate income as part of the rental pool program.

How does Alta Vista Condotel differ from Timeshares? At a Timeshare Property, you are only a co-owner with a right to use the property for a certain period of time. When you own a unit at Alta Vista, you posses whole ownership of the condotel unit evidenced by a Condominium Certificate Title (CCT). How does the Lease-Back Program work? Alta Vista will follow a percentage sharing of 30% for the unit owners and 70% for the hotel/condotel operator. Enrolled unit owners may receive monthly income based on the size of their unit regardless of whether said unit was leased or not. This is because Alta Vista will pool together its entire total income from rental operations and distribute this to unit owners according to the percentage sharing based revenue. Are there any Association Dues or Rental Management Fees to be paid once the condotel unit is enrolled under the Lease-Back Program (rental pooling)? Once a unit is enrolled in the Lease-Back program, the condotel/hotel operator shall take care of the association dues, maintenance and security expenses to the Alta Vista’s Property Managements Office.

Are there additional expenses/fees a unit owner must pay upon enrollment in the Lease-Back Program? A joining fee is required to be paid by the unit owner upon enrollment to rental pooling. The joining fee will be determined later on by the condotel/hotel operator. The unit owner must also pay for the unit amenities (kindly refer to Alta Vista pricelist) If repairs are needed to be done in the unit of the owner, will it be shouldered by the condotel operator? Only minor repairs shall be shouldered by the condotel/hotel operator.

If a unit owner decides not to enroll his unit under Lease-Back Program, will the unit owners be charged of association dues and other fees? Yes, if a unit owner decides not to enroll his unit under rental pooling, the owner will be charged with the predetermined monthly association dues and maintenance fees. This will be handled by the property management office.

What are the other expenses to be paid by the unit owner upon purchase of a condotel unit? Miscellaneous Fees (title transfer, documentary stamp tax etc.), Real Estate Property Tax and Insurance shall be on the account of the unit owner.

THANK YOU !!! For more information email me at [email protected] or contact me at 046-8725630 or 0922-7802998