The Crown Residences at Harbour Springs Puerto Princesa Palawan - Condominium For Sale

Ref : Property#84

 

Address :

Sta. Lourdes Puerto Princesa, Palawan,
PALAWAN
Selling price : Php 2,970,000
Down Payment : Php 891,000
Reservation Fee : Php 50,000

Description :

Living space : 196 m²

Number of rooms : 3
Number of floors : 2
Number of bathrooms : 4
Number of toilets : 4

 

WELCOME TO CROWN RESIDENCES

AT HARBOUR SPRINGS PUERTO PRINCESA, PALAWAN

Is now operational and ready for occupancy


What is Harbour Springs?

Harbour Springs is a luxury property development that is conceptualized and master planned by CDMC located in the center of Palawan’ tourism hub, Puerto Princesa City, home of one of the Seven Wonders of nature, the “Underground River”



Harbour Springs highlights The Crown Residences, a condominium building developed
By Sta. Lucia Land, Inc. Which features Premier Condotel Suites and Penthouse Luxury Suites.

Right beside Harbour Springs is the Spa Village, a Natural Hot Springs Spa Resort and
Leisure Community which features the Hot Springs of Sta, Lourdes.

Harbour Springs is strategically located right at the gateway to Honda Bay, one of Puerto Princesa’ top tourist and most frequented destinations.



THE CROWN RESIDENCES Penthouse Luxury Suites

A Joint Venture of CDMC and Sta. Lucia Land, Inc.

Make Your Vacation Memories More Valuable with Co-Ownership
Vacationing in your own second home instead of a mere holiday destination puts greater value to Your family’s yearly get-away.

With your every vacation, it’s now possible to take away not just memories, but the certainty that you can return to your own Penthouse Luxury Suites at the Crown Residences every year. You will have the security of knowing that you own the property, but at no great cost to you.

With Harbour Springs, you can enjoy all the benefits of ownership without the hassles and cost of 100% ownership. All this is now possible through Co-Ownership. This allows you to own a slice of your ideal holiday home at only a fraction of the cost.

Feature and Amenities @ THE CROWN RESIDENCES
Joint Venture of CDMC and Sta. Lucia Land, Inc.

The Crown Residences -4-level Condominium Building


1st – 3rd Floor – Premier Condotel Suites 


4th Floor – Penthouse Luxury Suites (Shared Ownership)


Penthouse Luxury Suites - Dining and Living area


The Kitchen area

with 3 bedroom 4 Toilet & Bath with Bathtub, Kitchen - Fully-Fitted -Fully -Furnished unit. It
can accommodate 12 persons



The Crown Residence - Lobby receiving area

More available Penthouse unit for Fractional Co-Ownership for Fraction of the cost.

The Penthouse Luxury Suites -Selling Price: Ph 2,970,000.00/fractional share.

With flexible Terms of Payment.

Reservation  Fee : Ph 50,000.00

30% Downpayment with 15% Discount if Paid within  7 days.
70% Balance Payable in 3 years to pay with 12% interest per annum.
1st year @Zero interest.
Net Balance payable in 2 years @ 12% Interest per annum

NOTE: Price and Terms of Payment is subject to change without prior notice.
Just let me know if you need a Sample Price Computation and for the latest update.

We have 2 Condotel units available for SALE  and 2 Penthouse Luxury Suites available for SALE in a very affordable and with flexible terms of payment.


Swimming Pool with sunken bar
Vacation and leisure amenities and facilities



The Spa Village -1.5 Hectares – Adjacent to and Separate Development from The
Crown Residences.



A Separate Master Development Plan at CDMC together with the City Government of Puerto Princesa.

 

  • Sta,Lourdes natural hot springs
  • Cove-pool- with bar, stage for events, pool deck, and cove cabanas
  • Wave pool
  • Adult swimming pool with pool deck
  • Outdoor events area for various occasions
  • Series of massage pools-with massage huts
  • Pavilion (reception area) – with indoor restaurant and al fresco dining
  • Main Spa and Shower area – separate men’s and ladies ‘spa and shower, with air-conditioned massage areas.



    Penthouse Luxury Suites

THE CROWN RESIDENCES – Penthouse Luxury Suites

A Joint Venture of CDMC and Sta. Lucia Land, Inc.

What is Co-Ownership?

Co-Ownership is co-owning an asset or titled property with a pre-determined number of other co-owner. Each co-owner owns a fraction or portion of the asset of property. As a co-owner, you may transfer, will, to sell your specific fraction or percentage of the property to another just like you would be able to do if you were an owner of a whole property. There will be a maximum of 12 co-owners in one Penthouse Luxury Suites. Eleven (11) of the 12 co-owners shall each own an equal percentage in the Unit. The Developer has retained the majority percentage to allow individual co-owners to best enjoy their accommodation benefit whenever they need and want it. Harbour Springs offer the opportunity to own a portion of a Penthouse Luxury Suites with a benefits 14 days per year. And payable within a 5- to 7- year easy payment plan. Co-Ownership offers a practical, affordable, and intelligent way to enjoy and own a Dream luxury vacation home in a premier tourist destination in the country. It is luxury living at a fraction of the cost..

What are the advantages of buying into Co-Ownership?

As the asset shared or co-owned by several individuals, the purchase cost itself is dramatically reduced. The same goes for all maintenance costs as well as government Fees and taxes. This is an ideal way to get the most out of an investment by purchasing only a fraction of the total asset or property. All other aspects of ownership are split, both the benefits and the costs, among the co-owners. Co-Ownership gives one the opportunity to enjoy the lifestyle that most can only dream about at a greatly affordable price. Cost-conscious individuals are given the opportunity to make the most out of their resources. By buying into Co-Ownership, they enjoy the lifestyle that they want without putting all their resources in just one asset. They then have the flexibility to spread their resources among many properties and other interests.

What benefits am I getting from owning a portion of a Penthouse Luxury Suite under
Co-Ownership?

Accommodation benefit of 14 days every year, with a minimum of 3 days required for each stay
One call is all it takes. A complete concierge service maybe arranged and taken care of. Inclusive of the following services: (Reasonable charges may apply.)

Airport to hotel transfer
Airline reservations
Arrangement for transportation transfers
Detailed itinerary

Fractional Ownership (Co-Ownership)

Fractional Ownership is owning an asset or property with the other Co-Owners. Each Co-Owner owns a fraction of the asset or property. As a Fractional Owner, you may transfer, will, or sell your specific fraction or interest on the property to another, the same as you would do as a whole property owner.

Fractional Property

Fractional property ownership offers the benefits of owning more properties without paying 100% of the cost of the property. Buyers own a fraction of the property which entitles them to a pre-agreed usage of the same.  Maintenance costs are likewise Co-shared among Co-Owners.

Fractional Ownership VS Timeshare

Fractional Ownership is separate and different from timeshare. With timeshare, there is no actual ownership of a tangible asset involved, but instead, you are purchasing only the right to use a property. With Fractional Ownership you are buying an actual percentage of a specific and actual property. Your ownership of this fraction then entitles you to use the property for a specific time per year, the same as the other Co-owners. This is a benefit that all Co-owners are entitled to. The nature of their co-ownership divides all co-ownership benefits proportionately among themselves.

Benefits of Fractional Ownership

1. Affordability

As the asset is shared or co-owned by several individuals, the purchase cost itself dramatically reduced, For example, the cost of a comfortably-furnished condominium unit of 200 square meters located at a premier tourist destination, and may be valued at 20 Million pesos, can now be shared by multiple Co-owners, so that if there are 20 Co-owners, the original acquisition cost of 20 Million pesos will now be a much more affordable at only 1 Million Pesos per fraction/Co-owner.

2. Lower Cost of maintenance

All maintenance cost of the property are shared by all Co-owners, reducing the amount that each Co-owner would have had to shell out if he was a sole owner. All aspects of maintenance cost are split among Co-owners, such as: common utilities and services, ensuring all features are always kept up to standard, painting, periodic clean-ups, periodic check-ups of Machinery, upkeep and upgrade of appliances, securing the worthiness of electrical and other facilities. 

3. Lower cost of ownership

All aspect of cost of ownership are likewise now shared by several Co-owners, dramatically reducing the amount of government taxes, insurance premium payments, and other related cost that each Co=owner would have had to pay it he owned the property solely.

4. Comfortable lifestyle at a fraction of the cost

Fractional Ownership gives one the opportunity to enjoy the lifestyle that he could only dream about previously. What used to be seen as something that is very extravagant and impractical is now rendered practical affordable, and within easier reach of a greater number of people. One can now become a Co-owner of a 20 - Million-Peso Property for only 1 Million Pesos if there were say 20 Co-owners, something that might not have been previously readily available to him.

5. Maximizing resources

Cost-conscious individuals are given the opportunity to make the most out at their resources. By buying into Fractional Ownership, they may enjoy the luxurious lifestyle that they have always wanted without putting all their resources in just one asset. They then have the flexibility to spread their resources among many properties and other interests.

6. Share the comfortable lifestyle with loved ones

The luxurious lifestyle, at the experience that most only dream or read about in lifestyle magazines, is now available to a wider reach of end-users through Fractional Ownership, and can now be shared and enjoyed with loved ones.

7. Practical way of buying property

Fractional Ownership is an ideal and intelligent way to get the most out of an investment by purchasing only a fraction of the total asset or property. One is able to now buy what he needs and what he wants to use.

8. Appreciation of real estate property

As the property is now more affordable and shared by multiple Co-owners, there is a wider reach among end-users. The possibility of value appreciation is also increased as the lower acquisition cost contributes to a higher demand, and consistently and continuously increasing each value. Over the years, your initial investment may double or even triple, giving you more value for your money, and higher earnings if you intend to eventually sell your fractional property/ies.

9. Flexibility to buy multiple fractions

Fractional Ownership is a great way to invest in property. Because of the lower cost of owning a prime property, there is a higher demand for the products, boosting its value appreciation over time. The buyer is now given the opportunity to invest in multiple fractions which he may later sell at a higher price while still maintaining the option to keep one or a few fractions for himself for his personal use, which he cannot do with a whole property.

10. Safe and secured acquisition

Just like any property, the name of the Fractional Owner is reflected in the title which recognizes his specific fractional interest on the property, thereby ensuring it to be a perpetual, safe and secured asset or investment, ready to be transferred, sold, or willed to anyone at any time, provided legal requirements are satisfied.

11. Flexibility in assigning fractions to loved ones or heirs

With Fractional Ownership, it is easier to assign one’s heirs their respective fraction/s of a property without the complications of jealousy, percentage sharing of assets, among other difficulties.



 

"Have Fun in Palawan - Explore Enjoy Earn"!

Harbour Springs  with License to Sell No. 031480

If you have some questions and concerns, please don't hesitate to contact me on my numbers.


Please Call:


FLOR   RANOLA
Mobile:  +63 916 654 2086 (Viber WhatsApp)
Mobile:  +63 908 651 6598
Phone:    +(63 46) 683 6915 
Email: [email protected]
Email: [email protected]

 

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