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IMPERIAL PALACE WATERPARK RESORT & SPA is located on beautiful Mactan Island, Cebu off the eastern coast of Cebu
- one of the best summer capital of the Philippines, just 20 minutes drive from the Internationa Airport.

PRESTIGIOUS BRAND .... SMART INVESTMENT .... PREMIUM PRIVILEGES

Business Opportunity

Own a part of the Imperial Lifestyle

INVESTMENT AND BENEFITS
The Best Investment Offering in Cebu

UNIT
- Your Hotel Unit
Own a full-servie vacation home in an upscale resort in Cebu. Hazzle free maintenance and access to 5-STAR hotel amenities and facilities with exclusive investor privileges.

- Invesment Returns
Use your unit for 60 days and rent it for the remainder of the year through the hotel management and earn a share of room revenues.

BENEFIT
- Cebu Resort
Fully furnished hotel suites
Free use of waterpark, fitness club and kids land
20%-40% discount on F&B and marine facilities
Class B to Golf Share to 18 holes golf course
Discounts on Spa and other facilities
Disounts at Muju Ski and Golf Resort, South Korea
Use of the units for 60 days per year
50% Discount on hotel published rates

- Partner Establishements
Imperial Palace Hotel Korea : Room: 30%=50% DISCOUNT
Food & Beverage: 10%-20% DISCOUNT
Mu joo : Rooms - 50% DISCOUNT
uSE OF SPORTS FACILTIES : 30% DISCOUNT
Mu joo CC : member's privileges on weekdays

WELCOME...
From the best resort in Cebu to the best in the world...

Imperial Palace Waterpark Resort
The Imperial Palace Waterpark Resort and Spa,
Beachfront Condominiums and Condotels in Mactan
Island,Cebu,Philippines

A dreamland of ideal bliss and joy. An etheral and
lavish lifestyle that exceeds all expectations.

The beach area is a reminiscent of a beautiful WAIKIKI scenery with the buildings sprawling near the beachfront. There is an extensive waterpark for family fan and promenade as jump off for exploration of the nearby islands.

And to top it all, there is a championship golfcourse with famous ARNOLD PALMER as designer.

INVESTMENT OPPORTUNITY:
PURCHASE A CONDOTEL UNIT AND OWN A PIECE OF PARADISE IN TROPICAL MACTAN ISLAND CEBU.

FACTS:
Lot Area      : 8 hectares
Location:     : :Maribago Mactan Island Cebu Philippines
Total Rooms: 556 rooms
Resort Facilities: 180 wide beachfront, waterpark, spa, fitness center,  marine sports, kids club, business center,restaurants, wharf, etc.

INVESTMENT OFFERING:
-1 and 2 Bedrooms hotel suites and Pool Villas

PRIVILEGES:
-Imperial Cebu Waterpark Resort & Spa
-A choice of 15 or 60 days FREE STAY OF UNIT PER YEAR
-FREE use of Waterpark, kiddy land, fitness center
-Discount on Marine sports/massage/food and beverage

PARTNER ESTABLISHMENTS:
1) Imperial Palace  Hotel Korea (discounts in rooms, foods & beverages
2) Mujoo Ski Resort: member's privileges on weekdays

INVESTMENT:
5 star hotel suites
What could be more perfect than owning a vacation home and receiving a rental income whenever you are not using it. Not only a vacation home with the amenities of a 5-star in the summer capital of the Philippines.

Unit owners join the rental program where the international hotel management team run the project as a world class hotel, steady income base on the size of their unit regardless of whether said unit was leased or not because it is a PRO-RATA SHARING, it means the hotel management will pool together the total income of the entire hotel and distribute this to unit owners net of any expenses.

RETURNS & PRIVILEGES:
-For the purchase of a CONDOTEL UNIT, the buyer will be issued by a Condominium Certificate of Title of the unit purchase.
-15 or 60 DAYS FREE STAY at anytime of the year with a minimal maintenance fee per day.
-Free use of Waterpark facilities, Fitness club and kids land.
-20 to 40% discount on foods & beverage and marine facilities, spa,
  and beauty salon.

WHEN IS THE RETURN PAYABLE?
-Investor/unit owners is guaranteed a return of  8% to 10% of their invested amount for up to 3 years, payment commences 1 year after date of full payment of condotel unit. On the 4rth year onwards, investors have a PRO-RATA share of the total room revenue less management fee, operating cost and management incentive share.

TYPICAL FLOOR PLAN
-70 Units 1 bedroom hotel suites
-10 units per floor with Waterpark and island views
-Suites located from the 3rd floor to the 9th floor

PRICELIST: 1 Bedroom (76 sqm)
1) Waterpark View
     8-9            P11,134,387.00
     6.7             P10,858,312.00
     3-5            P10,582,,237.00

2) Island View
     8-9            P9,935,115.00
     6.7             P9,662,095.00
     3-5            P9,386,,019.00

PAYMENT OPTION:
A. Regular - 20% down payment and 80% balance payable in equal monthly installments ending December 2009, interest free

B. Spot Cash - 3% discount on the purchase price for one - time payment in cash

C. Reservation Fee – Ph 100,000.00 - valid for 30 days and part of the total selling price and deducted from the downpayment

NOTES:
-Prices are exclusive of transfer fee, documentary stamp, registration and miscellaneous fee.
-Prices are inclusive of VAT and exclusive of parking space.
_________________________________    


 Imperial Palace Waterpark Resort Investment - Ownership of unit
Golfshare - this is attached to the unit title and cannot be sold separately.

The owner of the unit enjoys member's privilege at the golf course,subject to their rules & regulations.

60 days use of unit per year - maintenance fee of Ph 1,000 per night of stay. (Subject to hotel policy on availability and reservation.)

Imperial Palace Waterpark Resort  Buy Back Option
3 years after the start of hotel operation, with your consent, the developer will buy back the unit at the Original Purchase Price

Imperial Palace Waterpark Resort  Features and Amenities
• Elevated Entrance Court and Reception with Security Counter • Hotel, studio type and suite rooms • Condominium units • Pool Villas • Balcony for each unit

• Waterpark • Waved Pool • Water Slides • Children’s Pool with Pirate Ship

• Attraction River; Jungle route and Water Fountains • Outdoor Concert Park

• Landscaped Gardens and Walkways • Seaside Filipino Restaurant • Chinese Restaurant • Japanese Restaurant • Italian Restaurant • American / European Restaurant • Marine Sports Shop • Fitness Club • Spa and Massage Clinic

• Medical and Derma Clinic • Grand Ballroom • Function Rooms • Karaoke Bar

• Buffet & Cafe' Bar • Promenade Deck • Business Center • Shopping Center

• Coffee Lounge • Tennis Courts
_______________________________

Waterpark and Pools

The highlight of the resort is its unique themed waterpark, a first here in Cebu. It was designed by Dream Park International, USA, experts in water parks, theme parks, family entertainment, resorts and hotels.

It features 5 different themed pools:

Amazon River Pool – a flowing river pool that you can enjoy best in an inflatable tube; the Wave Rider – an artificial tide pool; Beach pool – the sandy feel of the sand in a pool; Captain Hook’s Pool – featuring a pirate ship and slides; and the Toddler Pool for the little ones. It also features 3 types of slides you can choose from or try - two body slides (one open and one enclosed), and the exciting Space Bowl. The Waterpark is open from 10AM to 6PM. The Island Pool is open from 7AM to 10PM

FACTS

- Lot area : 8 hectares (19.7 acres)
- Location: Maribago, Mactan Island, Cebu, Philippines
- Total Rooms : 556 rooms
- Golf and Country Club / Designed by: Arnold Palmer
- Resort Facilities : 180 meter wide beachfront, water park, spa, fitness center, marine sports, kids club, business center, restaurants, wharf, etc.
- Investment Offerings : 70 units One-Bedroom Suites

Aside from being the registered owners of a 5-star unit in Imperial Palace Hotel, investors are entitled to numerous other perks and benefits that are incomparable to other developments.

 What do investor/buyer enjoy?

For the purchase of a condotel unit, buyer will be issued a Condominium Certificate of Title of the unit purchased in his name or assignee.

A Share of the planned Golf Course & Country Club will be assigned to each condotel unit giving investor/buyer full privilege as member.

60 days use of the unit at any time of the year with a minimal maintenance fee of PHP 1,000 (US$ 20) per day, subject to room availability

Use of resort waterpark facilities, fitness club and kids land with a maintenance fee of PHP 1,000 (US$ 20) a day 

20-40% discount on food & beverage and marine facilities

Discounts on Spa, Massage and Beauty Salon

 What is the payback for the investment?

Phil BXT Corp has designated the Imperial Palace Hotel Group as the international management company for the operation of the hotel.  Unit owners will then lease back their units to Phil-BXT/Imperial Palace to be pooled, operated and marketed by the management company.
 
Investor/owner is guaranteed a return of 8% of their invested amount in the first 3 years of operations.  Payment commences one year after date of full payment of condotel unit. 

In the 4th year onwards, investors have a pro-rata share of the total room revenue less management fee, operating cost and management incentive share. 

 Buy-Back Option

Phil BXT Corporation guarantees to buy back the unit at its original contract price after 3 years of operations, with the owner’s consent. 

The Imperial Palace Waterpark Resort & Spa is a luxury resort in
Maribago, Mactan Island developed by Phil. BXT Corp. with 556
first-class rooms, fancy restaurants, full service spa, grand ballroom
and other facilities that will make it a prime destination. The
resort will have the widest beach line – 180 meters and the only water
park facilities in Cebu that will match the best of Asia. The
Imperial Palace Waterpark Resort & Spa has been classified by the
Department of Tourism as a 5-star resort.

We are offering seventy (70) one-bedroom hotel suites as a vacation
home and investment. Aside from being the registered owners of a
5-star unit in Imperial Palace Hotel, investors are entitled to
numerous other perks and benefits that are incomparable to other
developments.

A. What do investor/buyer enjoy?

• For the purchase of a condotel unit, buyer will be issued a
Condominium Certificate of Title of the unit purchased in his name or
assignee.
• A Share of the planned Golf Course & Country Club will be assigned
to each condotel unit giving investor/buyer full privilege as member.
• 60 days use of the unit at any time of the year with a minimal
maintenance fee of PHP 1,000 (US$ 20) per day, subject to room
availability
• Use of resort waterpark facilities, fitness club and kids land with
a maintenance fee of PHP 1,000 (US$ 20) a day
• 20-40% discount on food & beverage and marine facilities
• Discounts on Spa, Massage and Beauty Salon

B. What is the payback for the investment?

Phil BXT Corp has designated the Imperial Palace Hotel Group as the
international management company for the operation of the hotel. Unit
owners will then lease back their units to Phil-BXT/Imperial Palace to
be pooled, operated and marketed by the management company.

• Investor/owner is guaranteed a return of 8% of their invested amount
in the first 3 years. Payment commences one year after date of full
payment of condotel unit.
• In the 4th year onwards, investors have a pro-rata share of the
total room revenue less management fee, operating cost and management
incentive share.

C. Buy-Back Option

Phil BXT Corporation guarantees to buy back the unit at its original
contract price after.

We are making an offer to earn and enjoy – in an investment plan and a
resort experience that will make waves in the summer capital of the
Philippines – Mactan Island.

Own a piece of paradise and realize the full potential of your
investment.

A win-win investment opportunity for foreign and
local residents.

FREQUENTLY ASKED QUESTIONS:

1. In a nutshell, describe the essence of the condotel concept?

Condotels are usually large, high rise, luxury hotels operated by big names in the hotel industry such as; Trump, Hilton, Regent Intenational. Four Seasons, Ritz Calton, Bulgari and Le Meridien. Condo-Hotels have condominiums that are sold to individual investors who may use their unit as a vacation home whenever they like. When they are not using their unit, owners have the option of placing it into an organized rental program. Rental revenue which is shared with the operator, helps defray the owner's expenses.

2. What are the benefits to the condotel buyer/owner?

Owners have a luxurious vacation home in a premier location at their disposal. Owners who choose to place their condotel unit in the property's rental program receive revenue which helps the expenses of ownership.

Most condotels offer hassle-free vacation home ownership. The on-site management company takes care of all upkeep, maintenance and interaction with renters.

Owners of condotel units have the right to resell the unit at any time. They keep any profits derived from the appreciation. Thus, condotels combine vacation home ownership with investment potential.

3. What is the role of the Condotel Operator?

The operator of the rental probram, in exchange for a share of the revenue, markets the units as a hotel, takes reservations, operates the front desk, maintains the property and provides the services hotel guests expect, such as housekeeping, food, and beverage, and concierge.

4. Describe the typical arrangement between the condo hotel buyer and the hotel management company?

• Some of the items spelled out in a typical owner agreement include:
• The amount of revenue the condotel owner will receive
• The amount of revenue the hotel management company will receive
• Typical deductions before each of the parties receives their share, including money for a furniture, fixture and equipment reserve
• The financial responsibilites of the condotel owner, which usually include the real estate taxes, insurance, capital improvements and debt service.
• The financial responsibilities of the condo hotel management compancy, which usually include operational expenses like housekeeping, maintenance, front office, administrative and marketing.
• A rental program agreement which outlines the number of days per year and requirements notice for owners regarding use of their condotel units.

5. Can condotel owners rent our their units themselves and keep most or all of the revenue?

In most condotel properties, they can, but doing so defeats one of the prime benefits of condotel which is hassle-free ownership. Most owners prefer to have the onsite professional management company find and handle renters. In additiona, owners of condotel are likely to receive a higher level of rental income by participating in the property's rental program which is administered by a recognized professional operator that can capitalize on the hotel's global affiliation, its brand name, its sophisticated reservation system and management expertise.

6. What are the keys to a sucessful acquisition of condotel?

The essential ingredients to a successful ownership of condotel include the following: good location, an attractive amenity package, a respected developer, a strong brand and good management.

7. Are developers willing to guarantee the rental of the condotel units when not in use by the owners?

No, they are not. Developers are aware that potential security law issues can arise out of the sale of condotel units. In order to avoid coming under the scrutiny of any national or local government investment rulings, developers refrain from setting rental revenue expectations from prospective buyers. Instead, the developer's emphasis is the condotel marketing materials and sales presentations is always on the real estate itself. Generally, it is best to consider a condotel unit purchase to be similar to the purchase of a second home or vacation house. Construct a beautiful building in a good location and there would be an appreciation of the investment over the years. As icing on the cake, owners who choose to participate in the rental program can receive income from its rental to help defray ownership costs.

8. Where are condotels located?

Condo-Hotels are typically located in highly desirable areas, often near the ocean, theme parks, golf courses, or in major cities.

9. Are all condotels newly built?

There is a mix of condotels that are newly built from the ground up and those that were originally hotels and have been upgraded and converted into condotels. Because land in prime locations is so limited and costly, it is possible that condotels conversions will eventually outpace new construction of condotels.

10. Does it cost extra to purchase a condotel using a real estate broker?

No. The price is the same whether you use a Realtor or go direct to the property. The seller (developer) pays all Realtor costs in the form of a comission. In those cases which no Realtor is involved, the developer either keeps the additional revenue or pays a percentage of it to the property's in-house sales staff.

11. Where are most condotel buyers coming from?

Buyers are coming from all over the world. For us Filipinos, we have OCW/OFW as our target market. They like the idea of owning a hazzle-free vacation home in a prime location in the Philippines that can generate revenue when they are nit using it and is likely to appreciate in value over time.

12. Is financing available for purchasing condotel units?

Financing for condotel units is not difficult to find. Most banks now are familiar with condotels and recognize them as viable real estate investments. Often the condotel developer itself or the real estate broker can recommend reputable lenders.

13. When is the best time to buy a condotel?

The best time to purchase a condotel unit is in the early stages of construction. That's when prices are at their lowest and buyers have the best selection of available units. Because of the high rate of demand, most condotels go through several substantial price increases before selling out, and most do sell out long before construction is complete. In some cases, condotels sell out before construction has even begun.

Condo-Hotel marketing is becoming one of the newest and most exciting areas in the real estate industry today.