Paris Hilton to Launch Luxury Hotel Chain in Dubai, New York and Las Vegas

Don’t let this young woman with the designer couture dresses and light-hearted, socialite personality fool you. At the age of 35, Paris Hilton is continuing to build on a huge empire, and will soon launch a new line of luxury hotels bearing her name in Dubai, New York and Las Vegas.

Paris has parlayed her media fame into perfumes and a fashion line with her endorsement. Her fragrances have earned over $1.5 billion, and there are 50 Paris Hilton boutiques worldwide, with products including perfumes, handbags, watches and shoes. Hiltons perfume product alone brought in over $1.5 billion in revenue (her newest brand Gold Rush launched this week).

For more than 15 years, Paris has also built a very successful design business and soon will become an investor in an upcoming undisclosed Virtual Reality project which will also brand her name and thrust her into the tech world.

Paris Beach Club at the Azure Urban Resort and Residences

Coming from a family heavily embedded in real estate, (her great-grandfather was Conrad Hilton, the founder of Hilton Hotels), Paris has always wanted the opportunity to extend her creativity into real estate properties.

Several years ago she developed a relationship with Century Properties in the Philippines and designed the Paris Beach Club for their Azure Urban Resort Residence. Her second Paris Beach Club recently broke ground North of Manila at the Azure Urban Resort Residences in Parañaque.

“Her unparalleled style that made her a successful businesswoman and a style icon, as well as her zest for living the good life are the qualities that we would like to incorporate into our vacation-inspired residential property” says John Victor Antonio, Century Properties CEO and project head of Azure. “With her exposure to the best beaches around the world, coupled with her fun and sensible fashion sense, we believe that we’ve made the right choice in partnering with someone who appreciates urban resort style living and who can lend a world-class touch to Azure.”

Paris Beach Club House at the Azure

Launched in 2010 and designed by the award -winning architectural firm Broadway Malyan, Azure Urban Resort Residences features nine residential buildings set in a tropical modern environment. The towers are named after the world’s most famous beach destinations like Rio, Santorini, St. Tropez, Positano and Maui. Other amenities include an open park, zen garden and lap pool with cascading waterfalls.

Azure North is currently under construction and will have themed towers named after Paris Hiltons’s favorite seaside resorts and beaches: Bali, St. Barths. Barbados, Kauai. The first tower currently being built and sold is the Monaco tower.

The design is to bring the experience of beachfront living to the heart of the San Fernando, Pampanga region. Featuring powder white sand and lush landscaping surrounding large bodies of water, it will include the largest man-made beach in the Philippines.

Currently under construction, the Azure North Towers

Century Properties is one of the most prominent real estate developers in the Philippines with additional launches including the Milano Residences with Versace Home interiors and the new Trump Tower Century City in Manila with a New York City Soho theme.

Paris has long planned to launch her own luxury hotel line while trying to distance herself from the famed Hilton moniker.  The developments are currently being planned in three cities that she frequently visits including Dubai, Las Vegas and New York, and will all feature the beach theme that she has embraced starting in the Philippines.

via Forbes.com

A Luxury Like No Other at Azure Urban Resort Residence

Relaxing condo you can own for only P 7,000,000 only

2 bedroom condo unit , Higher Floor, Facing the Beach, with Balcony

24 hours Security with cameras installed at important angles of the building.

Area is 44 SQM.

With Wi-fi, cable and local telephone.

ALL APPLIANCES ARE BRAND NEW. Flat screen TV, air-conditioner, electric stove, bed, table set, sofa, kitchen-wares, built in closets.

AMENITIES
Azure has a rich array of resort-style amenities that include:
Beach volleyball area, Open park, Zen garden, Grand Entrance Fountains, Multiple playgrounds, Lap pool with cascading waterfall, Poolside bar, Basketball court, Multipurpose court.

AZURE ROOFDECKS
Capture some fantastic Instagram-moments on the Azure roofdecks. Wooden seats and leafy gardens make for a unique and charming spot to enjoy the expansive views.

ACTIVITIES AT THE AZURE
From a morning session of outdoor yoga, to the playful waterslides for the kids, to a pickup game at the basketball court or beach volleyball, you can then wind down with sunset mojitos at the bar, followed by a romantic dinner by the beach and a late night out dancing at the Paris Beach Clubs lounge; the Azure is a haven of fun from sunup to sundown. Paris Beach Club was designed by Paris Hilton!

THE BEACH
The true centerpiece of the Azure Urban Resort Residences is the Azure Beach an iconic man-made beach facility with fine white beach sand, undulating waves and waterfalls.
The Azure Beach features a unique infinity pool that overflows into two private beach coves on opposing ends of the masterplan, ensuring that every tower has a truly magnificent view of this one-of-a-kind resort.

LOCATION
Gateway to exclusive Schools and Universities on the South, Aeronautics and Exclusive Schools in Paranaque.

Just 8 minutes from the Airport, Makati and Alabang. Centered around an established commercial area.

The property is located beside SM Bicutan along West Service Road in Paranaque City, 8 minutes from Filinvest and Alabang Town Center.

Contact person:

Randy Ayson

Email: skyrainph@gmail.com

Mobile Number: 00971 50 886 1302

Tips in Buying a Condo

Recently, my friend purchased a condo with Century Limitless Corp. Their project is Azure Urban Resort with the first of it's kind in Manila having a beach within the condominium complex.

Before plunging in to buy the condo, my friend took a research on the factors that will help him in deciding whether to buy or not. Below are some of the considerations he made:

Location
The condo is located beside SM Bicutan. It is just a walking distance from the condo and it is very near the highway. It is not very far from the airport and just in case he wants to settle down for good in the Philippines and setup a business or work in Makati, the route going to Makati is less than 30 minutes away. The condo is situated on the upper portion of the building which is good for investment. As the condo unit go higher, the price is also increasing. The unit he got is facing the beach and that is another premium in the price of the unit.

Developer
The developer is Century Limitless Corp, who has already constructed high profile condominiums in the heart of Makati which includes the Gramercy Residences and Knightsbridge Residences. Overall, it has constructed more than 60 buildings and are still counting. Century Properties recently is acquiring stake in East Asia Power, a publicly listed company. Maybe Century Properties is trying to enter the backdoor of stock market through East Asia.

Residential Purpose only
In the Master Deed of the condo project, it will specify whether the condo will be used for Commercial and residential purposes. If the condominium will be used for commercial purposes also, the privacy of the occupants may be disturb. So you need to check that the units are not being used commercially.

Floor Plan
When the developer said it's a square meter condo, it means the 40 square meter includes the outer part of the unit. Also, my friend checked the units in every floor to see if the floor will be crowded or not. The storeys were taken into consideration because he needs to see how many people will come and go in the elevator.

Amenities
The amenities must include a large space for relaxation and in this case, it has 1 hectare dedicated to beach alone. It also has playgrounds, gym, spa and basketball courts, etc. His kids has ample space to roam around and play.

Price
My friend normally looks at the price first before checking anything in the brochure. He is very concerned about the price that he ended up thinking whether it is a good buy or not. He consider the premium on the beach, the location of the unit, the bedroom type and the comparative prices of similar type in nearby areas. He found out that the premium mostly went because of the beach.

Other charges
Aside from the unit price, my friend was told to pay taxes, Transfer fees, documentary stamp tax, closing costs, etc. He was made aware of the other costs he is going to pay upon turnover of the unit.

Lease Opportunity
Since most of the time he is in abroad, he took a soft research on condo being leased out to others. He found out that most of the lessors are OFW, foreigners, upper middle income earners. The company also has property management that will help out in leasing the unit. This lease will help in offsetting the payments incurred in buying the condo.

For Sale: Condo in Manila with Beach!

LOCATION

6 hectares of sprawling prime property right at the exit of the South Luzon Expressway (SLEX) in Bicutan,

Schools - Gateway to exclusive Schools and Universities on the South, Southridge International School in Paranaque, Brent IS in Sta Rosa,  De La Sale Zobel Alabang,

Travel  - Very near Airport NAIA, Terminal 2 & 3.

Offices - Just 10 minutes from Makati and Alabang. Malls   - The property is located next to SM Mall along West Service Road in Paranaque City, 10 minutes from Filinvest and Alabang Town Center.

Investment - Centered around an established commercial area making it a perfect investment. The centerpiece of The Azure is the truly iconic and first of its kind, man-made beach cove complete with pristine white sand, undulating waves, multiple water slides and water cascades.

  

AZURE BEACH - An oasis of calm. A private sanctuary to recharge, revitalize and enjoy.

AMENITIES - A private sanctuary to recharge, revitalize and enjoy, Azure Urban Resort Residences affords you quality amenities to soothe your soul and strengthen your well being.

Surrounding the Azure’s man-made beachis a host of resort-style amenities:

• Beach Volleyball area
• Open park
• Zen garden
• Grand entrance fountains
• Multiple playgrounds
• Lap pool with cascading waterfalls
• Poolside bar
• Basketball court
• Multipurpose court

Facilities in the modern clubhouse

• Function rooms
• Movie/THX room
• Restaurant
• Children’s play area
• Gymnasium
• Massage and spa facilities

INTEGRATED DESIGN IDEAS
Units in the Azure Urban Resot Residences are available in 1bedroom, 2bedroom,and 3 bedroom configuration.

- Luxe
- Downtown Chic
- Modernist
- Asian Modern

Azure Residences: UNIT PRICES:  Studio-1BR  Php 1,874,000.00 - Php 2,131,000.00  26.07sqm - 29.30sqm (non-beach view) Studio-1BR  Php 2,291,000.00 - Php 2,594,000.00  26.07sqm - 29.58sqm (beach view)    3BR Unit  Php 5,622,800.00 - Php 6,393,000.00   78.21sqm - 87.90sqm (non-beach view) 3BR Unit  Php 6,873,000.00 - Php 7,188,000.00   78.21sqm - 88.74sqm (beach view) 2BR Units at Azure Residences: 1.Combined studio-1BR units / Php 4,137,000 to Php 4,312,000 / 53.20sqm - 58.78sqm (non-beach view) 2.(Combined studio-1BR units / Php 4,820,000 to Php 5,350,000 / 53.20sqm - 58.78sqm (beach view) 3.(Non-combined, 2BR unit / Php 2,613,000 to Php 3,133,800 / 35.18sqm - 36.69sqm (non-beach view) 4.(Non-combined, 2BR unit / Php 3,843,000 to Php 5,906,000 / 43.06sqm - 64.00sqm (beach view)   Payment Terms Downpayment Amortization Balloon Payment TurnOver Fee (Discount) /Premium Spot Cash - - - - 26.50% Equal Payment - - - - 11.80% 20-60-20 20.00% in 6 months - - 20.00% upon Turnover 9.90% 50-50 - - - 50.00% upon Turnover 3.30% 35-65 (pagibig) 35.00% in 39 months - - - 0.00% 10/25/1965 10.00% in 6 months - - 65.00% upon Turnover 0.80% Balloon Payment - 10.00% in 6 months 10.00% in 6 months 65.00% upon Turnover 0.40% 10-40-50 10.00% in 6 months - - 50.00% upon Turnover 3.30% 40-60 40.00% in 39 months - - - 1.00% For UPDATED Sample Computations with complete Amortization Schedule, Discounting Options, Payment Terms and Units Availability and Unit Location,   please e-mail me at skyrainph@gmail.com and skyrainph@yahoo.com.

Randy Ayson Real Estate Investor