Condominium at Cebu City-(Pre-Selling) SAN MARINO RESIDENCES (Right across everything)
Location: Walking Distance from SM city cebu, Radisson Blue Hotel, Around 5mins ride to Ayala Mall...
Price: 1,420,000.00 net of taxes and miscellaneous Fees
BUILDING FEATURES:
Three-level parking
24- hour security
Twin hi-speed elevator system
Fire protection & automatic sprinkler system
Fire alarm system
100% back-up generator
Centralized individual mailboxes
Garbage chutes in every floor
Covered roof deck for special events/functions
Provisions for air-con, telephone & cable TV
Ready for WIFI connections
Elegant lobby & reception counter
Covered/paved drive way for passenger drop-off w/ landscaped garden
RESIDENTIAL UNIT FEATURES:
Ceramic tiles on living, dining and kitchen area (Tile size: 60cm x 60cm)
Ceramic tiles in T & B (Tile size: 30cm x 30cm)
T & B complete with shower, water closet, lavatory, toilet paper holder & towel bar
Finished painted interior wall
Wooden panel main door
PVC door on T & B
Exhaust Fan on T & B
Aluminum sliding windows with clear glass
Complete electrical switches and convenient outlet in living, dining, kitchen & T & B areas.
Provision for aircon with outlet
Provisions for cable TV and telephone line
GENERAL DETAILS:
Total land area: 1,221 square meters
Gross building floor area : 18,757.20 square meters
Total no. of units: 420 residential condominium units
Total no. of floors: 20 storeys
Type of units: All are studio type ranging from
21 sqm. – 22 sqm.
Estimated date of completion: 3rd Quarter 2014
*City View*
PRICE NOTES:
Standard unit price is P 1,420,000
Standard unit floor area is 22 sq.m.
All units are studio-type.
Corner units additional Php 50,000
Sea View units additional Php 50,000
All prices are inclusive of miscellaneous fees & taxes
Reservation fee is non-refundable.
Prices are subject to change without prior notice
Bank, Pag-ibig and in-house financing are available
Standard unit price for 8th floor units is P 1,520,000
Standard unit floor area is 22 sq.m.
All units are studio-type.
Corner units additional Php 50,000
Sea View units additional Php 50,000
PRICE OF PARKING SLOT
Price of parking slot is Php 600,000
Price is inclusive of miscellaneous fees & taxes
Parking slots are located in the 1st , 2nd, & 3rd floors only
PRICE CONDITIONS:
Prices are subject to change without prior notice
LWPC reserves the right to correct typographical error
All prices are inclusive of miscellaneous fees & taxes
Reservation fee is Php 20,000 (non-refundable and
non-transferable)
CASH A PAYMENT:
Reservation fee is Php 20,000 (non-refundable
non-transferable).
Full payment of Total Contract Price within 30 days from date of reservation.
A 5% discount on TCP will be given to buyer
CASH A-1 PAYMENT:
Reservation fee is Php 20,000 (non-refundable non -transferable).
Balance of TCP payable in six (6) equal monthly installments covered by post-dated checks.
A 4% discount on TCP will be given to buyer.
CASH A-2 PAYMENT:
Reservation fee is Php 20,000 (non-refundable/non-transferable).
Balance of TCP payable in twelve (12) equal monthly installments covered by post-dated checks.
A 2.5% discount on TCP will be given to buyer.
CASH B PAYMENT:
Reservation fee is Php 20,000 (non-refundable/non-transferable).
Lump sum down payment of 50% of TCP within 30 days from date of reservation.
A 5% discount on down payment will be given to buyer.
The balance of 50% will be paid lump sum upon completion of building without interest.
CASH C PAYMENT:
Reservation fee is Php 20,000 (non-refundable/non-transferable).
The balance of the TCP will be paid in twenty four (24) equal monthly installments.
No interest / No Down payment
Monthly installments are covered by postdated checks.
BANK / PAG-IBIG FINANCING:
Reservation fee is Php 20,000 (non-refundable/non-transferable).
Maximum loan for Bank/Pag-ibig is P1,000,000
Remaining balance shall be the equity to be paid in
twenty-four (24) equal monthly installments with no
interest (covered by post dated checks).
Accredited financial institution are Pag-ibig, Banco de
Oro, China bank, Metrobank, BPI and RCBC.
Other financial institution not mentioned above will be
subject to verification by LWPC prior to its approval
for loan.
If buyer opts to pay total equity at one time, a discount of 5% of equity paid will be given.
OPTION B: EQUITY PAYMENT
EQUITY : P420, 000.00
LESS RESERVAYION FEE : 20,000.00
NET EQUITY : P400, 000.00
The Net Equity of P400, 000 can be paid in the following manner:
30% of Net Equity to be paid in four (4) months, no interest (covered by post-dated checks).
70% Balance of Net Equity to be paid in twenty four (24) equal monthly installments, no interest (covered
IN-HOUSE FINANCING:
Reservation fee is Php 20,000 (non-refundable/non-transferable).
Maximum In-House financing is P1,000,000
Remaining balance shall be the equity to be paid in twenty-four monthly installment without interest.
The in-house financing period is 3 years up to a maximum of 5 years @10% per annum (straight/non-declining).
The monthly amortization shall be covered with post-dated checks.
Buyers availing of in-house financing are required to secure a mortgage redemption insurance and fire insurance from a reputable insurance company.
LWPC will conduct a credit investigation on the buyer prior to the approval of in-house financing. A credit investigation fee of Php1, 500 will be charged to buyers.
If buyer opts to pay total equity at one time, a discount of 5% of equity paid will be given.