Alta Vista de Boracay is located at Barangay Yapak, north of the island. It's rear the world-class golf resort, Fairways and Blue Waters and the Shangri-La Hotel. The world famous White Beach and local attractions like D'Mall are just a 5-minute ride away. 1. Price Ranges per Unit Type
i. Panorama or Studio Type(45 sqm/484sq.ft)-Php 3.35M to 3.39 or US$73,695
ii. Pinnacle or Loft Type Unit(62 sqm/667sq.ft)-Php 4.51M to 4.60M or US$100,000
2. Payment Terms
i. Cash Payments
a. Discount of 10% for Cash Payment within 1 month
b. Discount of 8% for Cash Payment within 3 months
c. Discount of 6% for Cash Payment within 6 months.
ii. In-House Financing for 5-Year Term
a. 0% Interest Rate for 1-Year Payment Term
b. 10% Interest Rate for 2-Years Payment Term
c. 11% Interest Rate for 3-Years Payment Term
d. 13% Interest Rate for 4-Years Payment Term
e. 15% Interest Rate for 5-Years Payment Term
iii. In-House Financing for 10-Year Term
a. 10% D/P w/ 0% Discount at 21.5% Interest Rate
b. 20% D/P w/ 0% Discount at 28.5% Interest Rate
c. 30% D/P w/ 2% Discount at 16.5% Interest Rate
d. 40% D/P w/ 3% Discount at 16.5% Interest Rate
e. 50% D/P w/ 4% Discount at 16.5% Interest Rate
3. Sample Computations Per Payment Term
a. PANORAMA or STUDIO TYPE (approx. 45 sqm or 484.2 sq.ft.)
i. CASH PAYMENT
TERMS: 100% Cash
Sample Computation
Total Contract Price : Php 3,350,000 or US$72,826.09
Discount 10% : 335,000 or 7,282.61
Cash Price : 3,015,000 or 65,543.48
ii. 5-Year In-House Financing Scheme
TERMS; 20% CASH, 80% in 60 months
Sample Computation
Total Contract Price : Php 3,350,000 or US$72,286.09
Discount 3% : Php. 100,500 or 2,184.78
Net TCP : 3,249,500 or 70,101.31
20% D/P : 649,900 14,020.26
80% Balance : 2,599,600 56,081.05
15% interest : x 2.378993%
M.A. for 60 months : Php 61,844.40 or US$1,334.16