House Area: 81 sqm DETAILED HOUSE SPECIFICATIONS
3 Bedrooms, 2 T & B, 1 Maid's Room
Structure: Reinforced Concrete
Exterior wall: Painted, Plastered
Interior Wall: Painted, Fiber Cement Board on GI steel sheets
Flooring
Ground Floor: Ceramics Tiles w/ painted mouldings
Second Floor: Wood tiles on Concrete slab w/ painted baseboard
Ceiling: Cement board w/ painted mouldings
Roof
Main: Painted Cement Roof Tiles
Door
Main: Painted Solid Wood Panel Door
Bedroom: Painted Moulded Door
Maids room: Painted Flush Door
Toilet & Bath: PVC Door
Sliding Door: Aluminum sliding door
Windows
Front: Aluminum sliding windows
Toilet & Bath: Glass Jalousie
Maids & Rear: Glass Jalousie
Cabinet
Kitchen: Melamine Prefab Kitchen Cabinet
Bedroom: Not provided
Kitchen
Countertop: Concrete Tiles or Marble Counter Top
Sink: Stainless Sink
T & B
Common: Ceramic Wall & Floor Tiles, Shower Head, Lavatory, Water Closet
Stairs: Wood Handrails, Steps & Riser, Wrought Iron Railings
Porch: Ceramics Tiles w/ Pebbles washout
Garage: Concrete / Plain Cement Finish
Electrical: Complete Electrical Wiring (Luminaries not included), Telephone & cable ready
Sanitary Lines: PVC Sanitary Pipe with individual Septic Tank
The developer shall exert best efforts to conform to specifications and other details indicated herein. However, the developer reserves the right to alter the plan as may be deemed necessary in the best interest of both the products & the client. Interested buyers are therefore invited to verify conditions with our Sales & Marketing Team.
Features & Amenities
* Landscaped main entrance
* Lighted streets
* 24-hour security
* Centralized water system
* Perimeter fence
* Landscaped Gardens
* Concrete subd. Roads
* Waste water treatment facility
* Individual septic tank
* Elevated water tanks
* Trees and greenery
* Parks & playground
* Drainage System
Subdivision Highlights
* Tennis court
* Multi-purpose kiosk
RENT WITH OPTION TO PURCHASE ( RENT-TO-OWN )
Mechanics:
1.) Units selected for the Rent to Purchase Program and their corresponding lease rates (exclusive of
VAT and Home Owner’s Association Dues):
2. The lessee is required to pay 3 months advance and 3 months security deposit, minimum lease term is one
year. The 3 months advance is credited upon the last 3 months of the lease term.
3. The client must submit all standard requirements stated in our Checklist of Requirements, including Post
dated checks ( PDC’s) for the monthly rental and they shall sign the Contract of Lease before they
can move- in to the property.
4. Move-in is upon payment of the three (3) months deposit and three (3) months advance and upon
execution of the Contract of Lease.
5. The client is given an Option Period of 1 YEAR, to decide whether to purchase the unit or not subject
to evaluation and approval of Taft Property.
6. If undecided to purchase upon end of the 1 YEAR option period, the contract will remain a lease agreement
and may be renewed or terminated as requested.
7. The cost of repair of damages will be deducted from the security deposits, when the lease contract is
terminated.
8. When the client decides to purchase the property, he shall advice the developer in writing about the intent.
Only the amount paid as rent for the 1st year lease term shall be credited as partial payments of the unit. Any payment after the 1st year shall still be treated as rentals. Payment arrangement on the remaining balance shall be set upon approval of Taft Property of the purchase. The Contract of Lease shall then be converted to an absolute purchase agreement.
B.) EARLY MOVE IN/ HOUSE TURN OVER - For Constructed and Ready for Occupancy Units
15% DP - Payable in 1 month
15% DP - Balance payable in 24 months @ 16% p.a.
70% Loanable Amount - Payable thru Bank Financing
Requirements for House Turn over:
1.)At least 15% payment of the package price and Unit is ready for Move-in or Transfer.
2.)Post-dated checks for the 2nd 15% DP 24 months to pay and 1 PDC for the remaining 70% balance which is to be processed with the bank before the end of the 24 months period.
3.) The client must submit complete financial documents and other legal documentation required by the developer and has signed the developers documents.
C.) EXTENDED DOWN PAYMENT - 30% DP payable in 18 months without interest
D.) SPOT CASH & SPOT DP DISCOUNT - 10% Discount based on NTCP & NTCP of actual DP paid
BUYERS PROMO:
NICHOLS PARK & HACIENDA SALINAS
* Four (4) Overnight Stay at Shangrilla Mactan
* Php 50,000.00 worth of Metro Gaisano Gift Certificate in Furniture, Home Decors, Curtains and Linens and Home Improvements.
Seeing Eye Dog