Your Home In Paradise

	REAL ESTATE OVERVIEW

Location Barangay Punta Engaño, Lapu-Lapu City
Offering Development (with a variety of units to choosen from)
Property Type Residential Lot
Transaction For Sale
Asking Price P 885,500 ~ P 7,127,600
Lot Area 115 m² ~ 692 m²

	PRICING INFORMATION

P 885,500 ~ P 7,127,600

SHOW CURRENCIES US$ 19,849 ~ US$ 159,775 € 13,339 ~ € 107,369 A$ 22,626 ~ A$ 182,122 £ 10,414 ~ £ 83,832 C$ 21,255 ~ C$ 171,087 FJ$ 32,434 ~ FJ$ 261,073 HK$ 155,023 ~ HK$ 1,247,817 S 83,011 ~ S 668,182 ¥ 2,185,662 ~ ¥ 17,592,917 MR 66,020 ~ MR 531,414 SAR 74,436 ~ SAR 599,159 S$ 27,976 ~ S$ 225,188 R 154,828 ~ R 1,246,251 D 72,902 ~ D 586,808

	PROPERTY DESCRIPTION

Discovery Bay Resort & Residences
Location : Punta Engaño, Lapu-Lapu City, Cebu
"YOUR HOME IN PARADISE"
Breathtaking views from sunrise to sunset. The serenity of life at seafront.
With the commanding view of the stunning blue waters, Discovery bay is strategically situated at the tip of Punta Engaño, Mactan Island's famed diving destination.
Features & Amenities
Clubhouse with swimming pool, basketball court, badminton court, tennis court;
Well-planned community;
Fully landscaped entrance gate with guardhouse;
Children's playground;
Wide concrete road network;
Paved sidewalks with concrete curbs, roads and gutters;
Underground storm drainage system;
Complete electrical and water system
Shade trees and mercury lamps along the road
Payment Terms:
Reservation fee for Residential bay lots is Php 50,000.00
Reservation fee for Residential Ocean View lots is Php 100,000.00
Reservation fee for Commercial lots is Php 200,000.00
Payment Term:
Scheme 1:
Reservation fee
20% downpayment w/ in 30 days.
80% balance payable in 5 to 10 years @ 18% interest per annum with 1st year no interested
Scheme 2:
Reservation fee
20% downpayment - 50% outright downpayment with applicable discount if paid within 7 days ; 5% discount if paid within 30 days
Balance: 2 years NO INTEREST or 5-10 years @ 18% interest per annum with 1st year no interest
Scheme 3
Reservation fee
51% -90% outright downpayment with applicable discounts: 10 % discount if paid within 7 days ; 8% discount if paid within 30 days ; 5% discount if paid within 60 days
Balance: 2 years NO INTEREST or 5-10 years @ 18% interest per annum with 1st year NO INTEREST
EVAT: 12% EVAT will be applied for Total Contract Price of Php 1,500,000.00 and above
Price per square meter ranges from Php 7,700.00 to Php 10,300.00
Lot size ranges from 115 sq.m. to 6,928 sq.m.
DISCOVERY BAY RESORTS & RESIDENCES
Punta Engano, Lapulapu City

SAMPLE COMPUTATION

Lot size: 237sqm.
Price/ sq. m. 7,700.00
TOTAL CONTRACT PRICE 1,824,900.00
Add: 12% VAT 218,988.00
TOTAL AMOUNT DUE 2,043,888.00

Scheme 1
20% DOWNPAYMENT 408,777.60
Reservation Fee 50,000.00
Monthly Payment for 6 months 59,796.27
80% Balance 1,635,110,40
5yrs. TERM
1st YR. no interest 13,625.92
2nd – 5th YR. @ 18% interest p.a. 38,674.67
10yrs. TERM
1st YR. no interest 13,625.92
2nd-10th YR. @ 18% interest p.a. 30,674.67
Scheme 2
20%-50% DOWNPAYMENT 408,777.60
Reservation Fee 50,000.00
Net 7% disc. w/in 7days 333,663.17
Net 5% disc. w/in 30days 340,838.72
80% BALNCE 1,635,110.40
2 YRS. No interest 68,129.60
5 YRS. TERM
1st yr. no interest 13,625.92
2nd-5th YR. @ 18% interest 30,674.67
Scheme 3
51%-90% DOWNPAYMENT 1,042,382.88
Reservation Fee 50,000.00
NET 10% disc. w/in 7 days 893,144.59
NET 8% disc. w/in 30 days 912,992.25
NET 5% disc. w/in 60 days 942,763.74
49% BALANCE 1,001,505.12
2 YRS. No interest 41,729.38
5 YRS. Term
1st YRS. No interest 16,691.75
2nd-5th YR. @ 18% interest p.a. 23,539.38
10yrs. TERM
1st YR. no interest 8,345.88
2nd-10th YR. @ 18% interest p.a. 16,909.41
Scheme 4
2 YRS. Straight no interest 85,162.00

Price terms & conditions are subject to change without prior notice.
OPMC reserve the right to correct any figure in case of typographical error.

	AREA DETAILS

Neighborhood Area Resort central
Proximity to...

General Hospital		15 min
Downtown Area		15 min
Seaside		1 min
Shopping Mall		15 min
Police Station		10 min
Fire Station		10 min
Domestic Airport		10 min
International Airport		10 min