OWNER LEAVING RUSH OCEAN FRONT - BIG BARGAIN
Description:
Location : Sitio BonBon , Barangay Catarman,
Liloan, Cebu
Municipality of Liloan
Country: Philippines
Province of Cebu House Type: House & Lot
Floor Area: 416 sq m (4478 sq. feet.)
Lot Area: 761 sq m
Garage Size: 2
Beds: 9
Baths: 7
Year Built: 2000
Asking Price: PhP 11,900,000.00
Regular Payment Term:
1. At 50% down payment – you can move in and take over the operation of the apartment. Balance can be paid in installment basis up to two (2) years.
2. Other term of payment, available upon Negotiation.
No surprises at the closing table, meaning all Expenses will be paid by the seller (a savings of more than one million pesos) such as the following:
1. Capital Gain Tax
2. Documentary Stamp Tax
3. Legal fees
4. Brokers fee
5. Registration fee
6. Transfer fee
7. Processing Fee – processing of title from the
seller to the owner
Home Features
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Air Conditioning
Balcony Historic
Cable/Satellite TV
Gas Range
Hot & Cold Running Water
Patio/Deck
Range Hood
Stove
Pool
Community Features
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Ocean Front
Liloan Lighthouse
TV Bike Paths
Basketball Court
Ayala Amara Development
Limited secure access
Low Noise Neighborhood
Courtyard
Public Transportation available within minutes
Friendly helpful Neighbors
About the apartment: Presently, it is earning – P700, 000.00 + a year, of which most of the tenants are from America and
Europe.
Nearby attractions (SM mall 35 minutes, Airport22 min , Colon Street (40 min, Mandaue 20 min)
Description: This is located in a beautiful Ocean Front Area of Liloan where foreigners like
Japanese, American, European etc. live because it is also very peaceful with good security; This is also a very good investment since quality Ocean Front lots sale for a premium and with the development of Ayala’s Amara coupled with the opening of North Road Project by late part of 2009 prices will also double in the next few years and the present asking price of the property would be almost one million pesos below current lot prices in the area and replacement costs of construction for this area. House is very functional and
designed for your own comfort and convenience. House and Lot has virtually everything from
swimming pool with spa and waterfall, Stone columned Wishing Well, large multilevel Ocean
balcony with 20 foot seawall, luxury baths with Spa, tubs and showers, Gazebos in Garden and on Upper Ocean Deck, 8 foot stone fence surrounds compound, huge master bedroom and bath, Having a romantic view of the entire Mactan Channel where you can see the beauty of the Landscape and Ocean....Quiet and Peaceful place to live!
OTHER FACTORS TO CONSIDER
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By 2009 when the North Road is finished the house will be closer in driving time to the centers of Cebu (Colon and SM mall) than prominent areas in Cebu such as Banana, Pardo, and Guadalupe. And without the pollution that is such a health risk to elderly and small children. When Amara is finished (2009) there will be a new mall, in fact FOODA in Consolacion is now operational. Many shops, health center, new elementary school etc will sprout in the area and prices of lot per square meter will skyrocket in the area. The large international Port (2011 and Shanghai Hotel completions will further improve property values.
This BEACH HOUSE is located in a very strategic location. And at the price asked it is one of the best bargains in Cebu. Nearby lots of equal size are selling or have been sold for 5-7 million pesos. Normal construction costs (15,000 per sq m) would mean an additional 7 million pesos of value which means this house is already under priced
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