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Oceans Edge Resort, Isla de Carabao, Philippines

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Isla de Carabao, Philippines
Oceans Edge is a boutique resort located in the west of Isla de Carabao so there are great sunsets to enjoy while relaxing at the bar or taking your evening meal in the restaurant overlooking the pool. Isla de Carabao is the sister island to Boracay, the world renowned resort destination in the Philippines (awarded world’s best island destination by Travel + Leisure), which is just 15 minutes away. Sky City Casino & Resort is also located on the island just 10 minutes away.
Phase 1 of Oceans Edge Resort consists of 20 fully furnished Studio Villa units of 40 M2 per unit and 8 2 Bed Villa units of 80 M2 with the following amenities;
Club House with reception, restaurant, lounge and bar overlooking the pool.
Horizon pool with wood deck.
Private beach cove with beach bar and jetty.
Spa and water sport activities including dive shop.
Resort owned Speed boat to ferry owner and guests to/from Caticlan and Boracay.

Studio Villa $89,700 2Bed Villa $224,300
Isla de Carabao now is what Boracay was in the 80’s, quiet and peaceful, with the same laid back atmosphere. There are long and lonely beaches, some only accessible by the sea for snorkelling or barbecue, crystal-clear water, untouched nature and pristine dive sites.
You make your own night life, but that is what it’s all about. It just wouldn't be that peaceful if it had all the festivity you find in neighbouring Boracay. You may meet other travellers to have a drink at the bar or just relax and enjoy real peace and quiet. Alternatively the Sky City Casino complex is just 10 minutes from Oceans Edge or you can spend the day, or night, in Boracay to enjoy the festivities and nightlife.
Summary
Oceans Edge Resort provides a unique investment opportunity to own a Villa unit on Isla de Carabao. Earn income from the unit when not in use with the option to exit after 5 years with a 25% premium on the purchase price. Villa owners have the option to receive a guaranteed annual return of 7.5% per annum or 7.5% to 15% based on 60% of the net rental income. The potential return on capital for early investors in Isla de Carabao is substantial when you compare property values in Boracay now with the value in the 80’s.
Rental Returns and Rent Back Agreement
The rent back agreement is a prerequisite of the lease agreement and runs for 5 years, renewable at the end of each 5 year period. Oceans Edge will use the services of a “General Sales Agent” for China. Orient Pacific International Travel & Tours has signed a contract with Oceans Edge to guaranteed room reservations at preferential rates (the rooms are paid for irrespective of occupancy).
A significant provision within the rental agreement will be the fund allocated each year for ‘Repair and Maintenance” to be held in escrow to meet the cost of wear & tear and replacement of fixtures and fittings of the owners unit, the unit owner would not be called on to meet the costs of repair or maintenance of their unit.
CLUBHOUSE
 
Potential Return on Capital
The potential return on capital for early adopters in Isla de Carabao is substantial when comparing the proximity and the property values in Boracay now with the value in the 80’s.
Boracay is reaching saturation point as far as development is concerned, this is especially true for beach front properties. Beach front land prices on Isla de Carabao are currently Peso 5,000 M2 (US$111 / £70) compared to Boracay at Peso 150,000 M2 + (US$ 3,300 / £2,120)
The only logical expansion from the saturation of Boracay is Carabao. The Sky City Casino complex, Puka Villa’s and other developments have already located in Isla de Carabao. These new developments will attract others and land prices will increase expedientially.
Accessibility
Isla de Carabao and Boracay are accessible from Caticlan and Kalibo International Airport; there are connecting flights to Manila and Cebu from all major international hubs. Caticlan will be upgraded to international airport status in 2015. The resorts own boats ferry owners and guests to the resort.
Oceans Edge Residences
Oceans Edge Residences provide luxury residential fully furnished units from 80 m2 2 bedroom villas to 350 m2 5 bedroom cliff villas, prices range from £224,300*.
The residences will have access to all the facilities of the resort. For early reservations there is the advantage of a prime location overlooking the private cove, off plan discount and the option to have the layout to individual specification. With the Sky City Casino near the development there is also the option to rent back the residential units when not in personal use under agreement to casino guests.
SITE DEVELOPMENT
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