MANILA, Philippines — Top home developer Vista Land & Lifescapes, Inc. is raising P1 billion investments in the highly successful serviced apartment project in Tagaytay called Grand Quartier through its high-end brand Brittany.

Brittany chief operating officer Camille A. Villar said they are putting up the third Swiss-inspired Grand Quartier building at a cost of P530 million. It will sit on a 3,306 square meter lot — more than double the 1,436 sqm lot size of the first GQ two buildings.

Villar said, that under the masterplan for Crosswinds, enough space has been set aside for as much as 10 Grand Quartier phases costing a total of P5 billion in investments.

“The success of the first Quartiers has encouraged us to allocate more space for condominiums within our exclusive community,” she said.

Villar said that, “with the surge of local and balikbayan tourists who prefer Tagaytay as their vacation destination, there is a steadily growing demand for condominium units in the area.”

Grand Quartier is seen to attract affluent families who are looking for a second home, OFWs who are looking for an idyllic place to settle, as well as those who seek exclusivity and peace while they rest.

Villar noted that, “what sets the Grand Quartier apart from other condominiums available in Tagaytay is that it places Brittany's trademark of luxury, quality, and exclusive homes amidst a tranquil and unmatched setting of 20,000 pine trees reminiscent of being in Switzerland.”

Grand Quartier features the unique architecture of Swiss chalets in the in the 100-hectare master-planned Crosswinds luxury resort community.

It is also being operated as a condotel which allows its residents to earn while they are not using their units. The condotel is being served and managed by boutique hotel operator Hospitality, Inc.

The first two phases of the Grand Quartier has already been sold out. The first phase consisting of 70 units is already fully operational while the 80 units of the second phase are about half built. The banquet hall, which will service the suites, will be in place by the end of 2011.

“Grand Quartier sales have picked up with the condotel offering as key factor, as more investor-type buyers grow more interested in acquiring units in Crosswinds,” said Villar.

Brittany will offer a total of 100 units in the 9-storey, low-density Grand Quartier III consisting of 72 studio units, 24 one-bedroom units and 4 two-bedroom units.