BORACAY NEWCOAST Boracay Newcoast is an integrated tourism estate with a worldclass lifestyle and leisure offerings. It is the first and only master-planned leisure oriented community in Boracay Island. Inspired by the townships created by Megaworld Corporation in Metro Manila (e.g. Eastwood City, McKinley Hill, and Newport City), Boracay Newcoast will become the benchmark for Philippine leisure destination.
Why Invest in Boracay?
Boracay is ranked No.1 in Asia in the 2013 Traveler's choice awards of TripAdvisor, the world's largest travel website. Number 1 best island in the world - 2012 Travel & Leisure SOURCE: http://www.travelandleisure.com/articles/worlds-best-islands/2
Global acceptance of Boracay as a beach destination makes the island a top choice for sustainable long term tourism Expected annual growth for investment in Boracay is 5% to 15%
FAST FACTS ABOUT BORACAY Boracay has two airports: one in Kalibo and one in Malay (Caticlan Airport) The site of a 18-hole par 72 golf course designed by Graham Marsh Domestic airlines like Philippine Airlines, Cebu Pacific, Zest Air, Air Philippines and SeaAir fly to Boracay regularly Located approximately 315km south of Manila, 2km off the northwest tip of Panay Island Approximately 7km long with a total land area of 10.32 sq.km. Comprises the barangays of Manoc-Manoc, Balabag, and Yapak Boracay is administered by the Philippine Tourism Authority and local government of Aklan
Boracay is being marketed for international clients, the island remains very competitive compared with, say, Phuket in Thailand. - Liz Silvestre, associate director of CBRE Investment and Capital Markets A four-star branded residential property in Phuket costs $725,000 compared with Boracay s $293,000 to $666,000 per unit. The average daily rate in a four- to five-star accommodation in Boracay is about $150, which is half the $200 to $300 in Phuket. Boracay enjoys up to 80% occupancy. Silvestre said Boracay has a growth potential compared with Phuket for the quality of its beaches. Source: http://www.malaya.com.ph/index.php/entertainment/160-newsflash/22501-time-to-invest-in-boracay
WHY BORACAY NEWCOAST?
The New Face of Boracay
Situated northeast of the island, it is a fresh tourism inspired development that will help Boracay attract more tourists and investors over the long-term. Boracay Newcoast makes up the 14% of the island (including golf course) It has an entire area of 140 hectares
Boracay Newcoast is set to bring in an additional 350,000 visitors to the island yearly and generate more than 7000 new jobs The project is seen to double per capita income in Boracay within the next five years Boracay Newcoast is an integrated tourism estate with world-class resort offerings. It is the first and only master-planned leisure oriented community in Boracay.
TOURISM IN BORACAY: (Tourist arrivals from 2012 & 2013) 2012 2013 Growth rate (%) January 110,518 112,881 2.14% February 95,559 115,717 4.22% March 118,177 128,627 8.84% April 157,302 162,237 3.14% May 134,654 151,017 12.15% June 86,588 104,302 20.46% July 79,637 106,450 33.67% August 79,686 106,022 33.05% TOTAL 862,121 987,253 14.51% Source: pia.gov.ph
TOURISM IN BORACAY: From January to August 2013, Boracay receives 987,253 visitors compared to 862,121 within the same period in 2012. Boracay is still on target to reach the goal of 1.5 million arrivals for 2013. Breakdown: Foreign tourists = 423,411 (Majority came from Korea & China) Domestic tourists = 531,226 Others (OFW/Balikbayans) = 32,616
Room Projection from 2013 to 2016 Source: www.iro.ph
Room Projection from 2013 to 2016 Source: www.iro.ph
BELMONT HOTEL BORACAY
Daily Rate Php 6,000.00 Less 80 % Occupancy Rate Php 1,200.00 Less 65 % Operational Cost Php 3,120.00 Less 8% Lessee incentive Php 134.00 Net income Php 1,546.00 x 30 days x 11 months Estimated TCP: Php 4, 850, 000.00 NET ANNUAL INCOME Php 510,180 ROI (NET) 10.5% Additional 30 days(free stay) Php 46,380.00 ROI (NET) 11.4% Projected ROI
VICINITY MAP
LOCATION MAP
SITE DEVELOPMENT PLAN
CLUSTER 1 CLUSTER 2 CLUSTER 3 UPPER G/F LANDSCAPE DECK 4/F SWIMMING 2/F POOL 4/F MAIN LOBBY CLUSTERS CONNECTION TO AMENITIES
ELEVATION SECTION
QUEEN SUITE
TWIN SUITE
VIEW ALONG NEWCOAST DRIVE
VIEW ALONG PROMENADE
VIEW ALONG CLUSTER 3 PROMENADE
PROMENADE
AMENITY FLOOR
AMENITY FLOOR
AMENITY FLOOR
AMENITY FLOOR
AMENITY FLOOR
Typical Guest Room Amenities Modular closet Hair dryer and bathrobe Entrance panel door with viewer Individual temperature control Multi-function telephone system Data port for computer/fax modems Cable TV lines Wi-Fi internet access Provision for hot and cold water lines per unit in toilet & bath only Ceramic plank flooring Carpeted flooring in bedroom of Executive Suites Carpeted flooring in sleeping area of Queen and Twin Suites Ceramic planks for the Suites of Specially-abled Ceramic tile flooring for toilet and bath Connecting door in selected units (option to combine adjacent Queen and Twin suite) Variable refrigerant volume/variable refrigerant flow type air-conditioning unit
Thank you!