Samal Island Davao Real Estate : Phase 1 (Images 10 & 11) Lots Almost Sold Out! Phase 2 Lots to be Opened for Selling Within May 2008! Boasting of a 1.8-kilometer stretch of beachline and a sloping topography with its highest elevation at 226 feet above sea level, KEMBALI COAST will be the first exclusive high-end leisure-residential beach resort development to rise in southern Mindanao. Conceptualized to cater to the active individual who loves island living, leisure, and nature, this 50-hectare Asian-Balinese-inspired community will offer, aside from a clubhouse and infinity pool, aqua sports facilities for water skiing, kayaking, diving, wind surfing and other water rides (Images 17 to 22). Its low-density farm-lot development layout and an 80 open space-per lot concept are aimed to maintain lush vegetation and a tropical resort environment.
OTHER PROPERTY INFORMATION :
Developer : Filinvest Land, Inc.
Development Area : 50 hectares
Lot Density : 7 lots per hectare
Shoreline Stretch : 1.8 kilometers
Elevation Range : 00 - 68 meters above sea level (Image 13)
Architecture : Asian-Balinese
Status of Development : Ongoing road networks
Target Dev’t Completion : 2011
PROXIMITY TO VARIOUS AREAS :
25 minutes ride by speedboat to Sta. Ana wharf
45 minutes ride y banca to Sta. Ana wharf
1 hour ride to Babak wharf
SUBDIVISION FEATURES AND AMENITIES :
Main Clubhouse (Image 2)
Infinity Pool (Image 2)
Guest Pavilion (Image 3)
Sand-shored Swimming Pool
Beach Activity Area (beach volleyball, tai chi)
Beach Promenade Stretch
Aqua Sports Shop (Image 6)
Docking Facility with Welcome Hut (Images 4 & 5)
Tree Park (Forest parks, camp sites)
Park with Gazebo
Barbecue Grille Area
Outdoor Eating Area
Groins for Sand Protection
Gate and Guardhouse
Concrete Roads with Streetlights
Sidewalks
Electrical and water connections
Combined Storm Drainage and Sewage Systems
Sewage Treatment Facility
Combined Concrete and Barbed Wire Perimeter Fence
LOT INFORMATION / FEATURES :
Average Lot Cuts, Phase 1 : Bet. 750 and 1213 square meters (Bet. 8250 and 13343 sq. ft.)
Price per square meter : PhP 3,300.00 - PhP 4,175.00
% of Buildable Area Per Lot : 20%
PAYMENT SCHEMES :
SPOT CASH
Reservation Fee at PhP 30,000.00
Balance outright with 15% discount, or
Balance payable within 30 days with 8% discount
DEFERRED CASH
Reservation Fee at PhP 30,000.00
No Downpayment
Balance payable within 24 months without interest
IN-HOUSE OR BANK FINANCING
Reservation Fee at PhP 30,000.00
20% Downpayment payable within 12 months
80% Balance payable within 5 years @ 15% interest pa (fixed)
80% Balance payable within 7 years @ 17% interest pa (fixed)
80% Balance payable within 10 years @ 19% interest pa (fixed)
SAMPLE COMPUTATION :
BLOCK 11, LOT 8 with 750 square meters lot area
Lot Area : 750 square meters
Price Per Square Meter : PhP 3,050.00
Total List Price : PhP 2,287,500.00
Total Contract Price (Price) : PhP 2,676,400.00
Reservation Fee : PhP 30,000.00
Spot Cash :
Outright with 15% discount : PhP 2,244,918.75
W/in 30 days with 8% discount : PhP 2,432,265.00
Deferred Cash :
Reservation Fee : PhP 30,000.00
24 months with no downpayment : PhP 110,266.67
20-80 In-House or Bank Financing :
20% Downpayment net of reservation (payable in 12 months) : PhP 42,106.67
5 Years Amortization @ 15% interest :
PhP 50,937.10
7 Years Amortization @ 17% interest :
PhP 43,755.51
10 Years Amortization @ 19% interest :
PhP 39,968.79
BASIC DOCUMENT REQUIREMENTS :
GENERAL REQUIREMENTS :
1x1 or 2x2 ID Picture (3 copies each, husband and wife)
Birth Certificate / TIN
Marriage Contract
Proof of Billing
Latest Income Tax Return
Certificate of Employment & Compensation
Notarized Special Power of Attorney (optional)
Bank Statement (optional)
Photocopy of Latest Passbook (optional)
Valid ID
BASED ABROAD
Passport (husband and wife)
Contract of Employment (for OFWs)
LOCALLY EMPLOYED
Latest Community Tax Certificate (husband and wife)
24 Post-Dated Checks
SELF-EMPLOYED
Latest Community Tax Certificate (husband and wife)
24 Post-Dated Checks
Business Registration Papers
SEC / DTI Registration
Partnership and By-Laws
Articles of Incorporation
Audited Financial Statements
For copies of clearer images, or Updated Plan showing available lots or for procedures of reservation, please contact Perry Jan N. Remolador thru mobile +63 9218530434 or e-mail at pyjannremolador@yahoo.com.
