Why Boracay property is so attractive

The Philippines Department of Tourism stated a 51% increase in tourist arrivals for the first1/4 of 2009 compared with thefirst quarter of 2008.

The Philippines has also gained the accolade of ‘Most Popular country in Asia’ at the recent World Travel Fair (WTF) afterBoracay island won Best Leisure Destination atthe awards.

Borocay is one of the most popular destinations with 383,813 visitors; it is one of the main destinations to have increased tourism by 6 percent in the first half of the year.

It is because not only does Boracay island feature power white beaches and azure blue warm waters, but Boracay a magnificent 18 hole par 72 championship golf course designed by Australian master golfer Graham Marsh which covers the width of the island. As you may know, Golf in the Philippines is taken very seriously and attracts players from all over the globe.

It is the beaches and beach resorts of the country are one of the most essential factors making the Philippines an attraction for holidaymakers and therefore investors interested in Philippines property investment.

Look at the luxury Continent Fairways resort on Boracay for example which offers the choice of studios or 2 bedroom suites all fully furnished to a top quality five star degree.

Continent Fairways has received a flurry of investments from overseas property investors[/’spin] as it provides both enjoyment and very good ROI.

Guaranteed Returns
Continent Fairways development is to be giving investors a NET yield from 12.4% a year (up to 14% on a few properties) which offer a rental income from $15,588 a year on studio units and $35,868 for the top of the range, the 2 bed apartments, all guaranteed by the renowned ‘Continent Fairways’ hotel operator.

As you can tell Boracay property investment has a lot going for it with good growth in tourism and the luxurious touristic resort investment properties which provide excellent opportunities for investors.