Good news for one of our philippine investment properties - Continent Fairways

With beaches that are renowned as amongst the best in the world, it comes as no surprise that Boracay is seeing increasing number of tourists. Even despite the global economic crisis the numbers have been rising as new markets have opened up.

Regional director for Western Visayas of the Department of Tourism, Edwin Trompeta, attributed the impressive success on Boracay's stunning natural beauty. "The beach and waters combined with the island's nightlife make Boracay irresistible," he said.

Some of the success has also been attributed to the Ro-Ro (roll-on roll-off) vessels which have made the island much more accessible to visitors.

The numbers of tourists arriving at Boracay have been increasing for a decade and from 554,101 visitors in 2006, 2009 saw 649,559 tourists arrive. According to the tourism office of Malay town, tourist arrivals increased by 12 percent in the first 5 months of 2010 alone.

May saw the highest number of arrivals at 101,349 which was up from 92,813 in May the previous year.

The Development Bank of the Philippines (DBP) has been financing the development of infrastructure as well as the expansion of hotels. Hotels have noted a large number of return guests and continue to register a record number of visitors each year.

Note: The last remaining units of Continent Fairways are currently available with a 5 year guaranteed rental return over 12% per annum and 60% developer finance.