Cebu Lifestyle at its BEST

	REAL ESTATE OVERVIEW

Location Maria Luisa Estate Park, Cebu City
Offering Development (with a variety of units to choosen from)
Property Type Residential Lot
Transaction For Sale
Asking Price P 4,796,850 ~ P 18,521,250
Lot Area 230 m² ~ 1,959 m²

	PRICING INFORMATION

P 4,796,850 ~ P 18,521,250

SHOW CURRENCIES US$ 109,367 ~ US$ 422,281 € 69,754 ~ € 269,329 A$ 114,090 ~ A$ 440,518 £ 54,782 ~ £ 211,521 C$ 110,471 ~ C$ 426,546 FJ$ 178,706 ~ FJ$ 690,007 HK$ 853,043 ~ HK$ 3,293,708 S 457,374 ~ S 1,765,979 ¥ 11,793,076 ~ ¥ 45,534,573 MR 354,350 ~ MR 1,368,190 SAR 409,963 ~ SAR 1,582,920 S$ 149,089 ~ S$ 575,653 R 823,535 ~ R 3,179,776 D 401,684 ~ D 1,550,954

	PROPERTY DESCRIPTION

Maria Luisa Estate Park
The MARIA LUISA PARK development is designed to epitomize Cebu Lifestyle at its BEST. The lots were designed to maximize the city, mountain and valley views as well as the building potential of every property. Privacy and security are priorities. Ideally located in Banilad, Cebu City, it is the only remaining high-end quality subdivision that can boast of proximity to the heart of the city where home is a mere 5-10 minute drive away from work, school and malls. Once you live in Maria Luisa Estate Park, you wouldn't want to live anywhere else.
FACTS :
1. How big is the development? Maria Luisa Estate Park is a 200-hectare fully developed project. The last phases for sale are broken down to the following: Phase 8 - 22 hectares
Phase 9 - 39 hectares
Phase 10 - 12 hectares
Phase 11 - 4.6 hectares
2. Where is it located? Located in Banilad, Cebu City bordered by the Busay and Talamban Hills.
3. Where are the access points to the subdivision?Main access is thru Banilad. The 2nd access is thru Nivel Hills, Busay that is just 5 minutes away from JY Square, Lahug.
4. What are the lot sizes?
Phase 8 - 230-1,383 square meters
Phase 9 - 342-1,959 square meters
Phase 10 - 520-1,467 square meters
Phase 11 - 700-1,515 square meters
5. How much is the investment per square meter?Maria Luisa Park lots start from as low as PhP 3,500 per square meter up to PhP 10,000 per square meter for the super prime lots.
6. How long will it take to reach the new phases?The development is less than 10 minutes away from Cebu's business district.
From Banilad Gate to Phase 8 - 5 minutes
From Banilad Gate to Phase 9 - 6 minutes
From Banilad Gate to Phase 10 - 4 minutes
From Banilad Gate to Phase 11 - 8 minutes
DISTANCE :
From Busay Gate to Phase 8 - 8 minutes
From Busay Gate to Phase 9 - immediately upon entering
From Busay Gate to Phase 10 - 6 minutes
From Busay Gate to Phase 11 - 9 minutes
7. How far is the project from shopping malls and airport? With the Banilad Access, Country Mall is only a 2-minute drive away. With the Busay Access, JY Square Mall is only a 5-minute drive away. Airport is 12 kilometers away. Pier is 7 kilometers away.
8. What are the existing amenities?
• Park
• Basketball Court
and Clubhouse in Phase 2
• Imported American Playground in Phase 8 (Swing / Slides / Monkey Bar / Seesaw)
• Emerald Lake Valley (1.6 hectare park) in Phase 6 where you can enjoy beautifully landscaped picnic grounds, bicycle and jogging path, fully stocked fishing grounds.
9. What other amenities can be expected? The Highland Park at Maria Luisa is a half-hectare project with the most magnificent view of Cebu! This park will have a beautiful and scenic Miles Long Jogging Path, World-Class Children's Play Ground and Picnic Areas. All these will be designed by world-renowned landscape architect Ms. Shirley Sanders (her projects include the Mactan Shangri-La, The Palace Garden of the Sheik of Dubai, Intercontinental Hotel of Manila and Bohol Beach Club). This will located at the top of Phase 9, close to the Busay Gate entrance and will be completed by the last quarter of this year. Basketball and Tennis facilities plus a Playground will also by completed this 2004. This will be located in Phase 9 valley and will be designed by top Cebu architect, Architect Ed Gallego.
10. Maria Luisa Park is big, how can homeowners be assured of their safety and security? Security is a priority in Maria Luisa Park. Besides the tight security at each entrance gate, we have 5 guard outposts strategically and visibly located all over the subdivision. Security guards at these outposts are tasked to roam around their respective areas every 2 hours. Phases 9 and 11 have their own-gated entrances with guards. All these are provided to ensure the security of homeowners.
Price Ranges : P 4,796,850 to P 18,521,250

PAYMENT TERMS:
I. SPOT CASH – 5% discount
II. IN-HOUSE FINANCING
A. 30% Downpayment, One time-payment
B. 70% Balance Amortized Over
* 1 yr @ 13.44%
* 2 yrs. @ 14.56%
* 3 yrs. @ 15.68%
* 4 yrs. @ 16.8%
* 5 yrs. @ 20.16%
A. 24% Downpayment stretched over 1 yr @ 12.32%
B. 76% Balance amortized over:
* 1 yr @ 13.44%
* 2 yrs. @ 14.56%
* 3 yrs. @ 15.68%
* 4 yrs. @ 16.8%

FINANCING
1. Is the PhP 50,000 reservation fee refundable and transferable? Reservation fee is good for 30 days. It is non-refundable and non-transferable.
2. Is there a discount for cash payments? Yes, we have a 10% discount for cash payments due 30 days after reservation.
• For 30% downpayment, there is 5% discount on the 30% down payment.
3. What financing schemes do you have? We have flexible payment schemes that make it easy for our clients to own a property in Maria Luisa Estate Park. These are all In-House Financing and will require ONLY Postdated Checks.
• Extended Cash - After the reservation, Balance is payable in 24 MONTHS with NO INTEREST
• NO DOWNPAYMENT - After the reservation, No Down payment is required, Balance is payable in 3 years and 5 years at 13% & 18% per annum interest respectively.
• DISCOUNTED DOWNPAYMENT
• A 5% discount will be applied on the 30% down payment.
The 70% Balance can be payable in: 12 months No Interest Or 3 and 5 years at 13% & 18% interest per annum respectively.
• 24% Downpayment / Balance payable in 1 year @ 13.44% interest.
4. Can I choose any bank to service my financing?We have accreditation arrangements with BPI, Metro Bank, Union Bank, PS Bank and City Savings Bank.
TECHNICAL :
1. What about the water system? Is there sufficient water supply? Maria Luisa Park has abundant water source with 5 deep wells and 9 water tanks, the biggest of which has a capacity to store 51,000 gallons of water. Stand-by generators are provided to pump water during brownouts to ensure continuous supply. It is more than enough to supply all the residents of Ma. Luisa Park.
2. What is the highest elevation of the subdivision? The highest elevation is 230 meters about mean sea level.
3. Are utilities like telephone, cable and electricity already in place? Electricity is ready for homeowner's to tap, this is provided for by VECO. Telephone and Internet DSL connections provided for by Globelines and PLDT. Skycable provides for Cable connections.
4. Is there a required minimum value to be built? Houses to be built should not cost less than 2 Million pesos.
5. What is the maximum building height allowed and what are the easement requirements? Houses can be built to up 20 feet from the highest point of property. This is to allow each home to have the best-unobstructed views of the city, mountains and valleys. Setbacks are 3 meters at the front and easements are 2 meters on the sides and the back. Some valley lots in Phases 8 & 9 can enjoy height allowances of up to 28 feet high.
• Please ask for a copy of the Deed of Restrictions for detailed information on building regulations.
DOCUMENTATION
1. Do all your lots have clean Titles? Yes. We don't sell lots that aren't titled. And we guarantee that all our titles are free from liens and encumbrances.
2. How long will processing of individual titles take? With complete documents and full payment, it will take approximately 2-3 months to transfer titles to the buyer's name.
3. When can I build my home in Maria Luisa Park?Full payment is required before you can start building your home.
4. How much are the Homeowner's dues? For Lot owners = 30 centavos x area
For House & Lot owners = 60 centavos x area
Plus PhP 280 / month garbage disposal system

	AREA DETAILS

Neighborhood Area Suburban residential
Proximity to...

General Hospital		10 min
Downtown Area		10 min
Seaside		10 min
Shopping Mall		10 min
Police Station		10 min
Fire Station		10 min
Domestic Airport		15 min
International Airport		15 min