Samal Island Davao Real Estate : Phase 2 Lots Now Open! Promo on for 80% Balance Monthly Amortization in 5 Years at 11.5% Interest (Promo until 30 Sept 08)! 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
Location : Kaputian District, Island Garden City of Samal; fronting Isla Reta, Talikud Island
Terrain : Combination of Rolling and Flat
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 tracing, road clearing, drainage and sewerage systems for Phase 1
Target Dev’t Completion for Phases 1 and 2 and Amenity Area : 2010
Target Dev’t Completion for Phases 3 and 4 : 2012
Status of Permit and Licensing : License to Sell for Phase 1 granted
PROXIMITY TO VARIOUS AREAS :
25 minutes ride by speedboat to Sta. Ana wharf
45 minutes ride by banca to Sta. Ana wharf
1 hour ride by land to Babak wharf
SUBDIVISION FEATURES AND AMENITIES :
Main Clubhouse (Image 2)
Infinity Pool (Image 2)
Outdoor Shower
Drying / Changing Area
Guest Pavilion (Image 3)
Sand-shored Swimming Pool
Beach Activity Area (beach volleyball, tai chi)
Beach Promenade Stretch
Aqua Sports Shop / Dive Shop (Image 6)
Docking Facility / Jetty 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
Landscaping
Electrical and water connections
Combined Storm Drainage and Sewage Systems
Sewage Treatment Facility
Combined Concrete and Barbed Wire Perimeter Fence
LOT INFORMATION / FEATURES :
Phase 1 (Available Lots) :
Average Lot Cuts : Bet. 750 and 974 square meters (Bet. 8250 and 10714 sq. ft.)
Toatl Contract Price (TCP) range : PhP 2,948,000.00 - PhP 4,606,800.00
Phase 2 (Available Lots) :
Average Lot Cuts : Bet. 749 and 1,227 square meters (Bet. 8250 and 13497 sq. ft.)
Toatl Contract Price (TCP) range : PhP 3,603,500.00 - PhP 6,490,400.00
TCP includes registration fee and EVAT when applicable
% of Buildable Area Per Lot : 20% of lot area
PAYMENT SCHEMES :
SPOT CASH
Reservation Fee at PhP 30,000.00
Balance outright with 8% discount, or
Balance payable within 30 days with 5% discount
DEFERRED CASH
Reservation Fee at PhP 30,000.0
No Downpayment
Balance payable within 24 months w/out interest
IN-HOUSE OR BANK FINANCING
Reservation Fee at PhP 30,000.00
20% Downpayment
• Spot Downpayment with 3% discount
• Spot Downpayment within 30 days with 2% discount
• Downpayment payable within 12 months with no interest
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)
DEVELOPER OPEN FOR PAYMENT TERMS RESTRUCTURING with corresponding fee (PhP 15,000.00)
TRANSFER OF RIGHTS ALLOWED UP TO 2ND DEGREE OF CONSANGUINITY with corresponding redocumentation fee (PhP 5,000.00)
SAMPLE COMPUTATION :
BLOCK 1, LOT 4 PHASE 1 with 750 square meters lot area
Lot Area : 750 square meters
Price Per Square Meter : PhP 3,300.00
Total List Price : PhP 2,475,000.00
Total Contract Price (Price) : PhP 2,895,800.00
Reservation Fee : PhP 30,000.00
Spot Cash :
Outright with 8% discount : PhP 2,634,100.00
W/in 30 days with 5% discount : PhP 2,721,000.00
Deferred Cash :
Reservation Fee : PhP 30,000.00
24 months with no downpayment : PhP 119,408.33
20-80 In-House or Bank Financing :
20% Spot Downpayment : PhP 532,700.00
20% Spot Downpayment in 30 days : PhP 538,200.00
20% Downpayment net of reservation (payable in 12 months) : PhP 45,763.33
5 Years Amortization @ 15% interest :
PhP 55,112.70
7 Years Amortization @ 17% interest :
PhP 47,342.40
10 Years Amortization @ 19% interest :
PhP 43,245.26
BASIC DOCUMENT REQUIREMENTS :
GENERAL REQUIREMENTS :
Purchase Application Form (PAF)
Loan Application Form (LAF)
Residence Certificate / Passport
1x1 or 2x2 ID Picture (3 copies each, signed at back) for husband and wife
Marriage Contract
TIN / Birth Certificate
Any Valid ID
Sworn Statement & Certification of Naturalization from Adopted Country (if previously a Filipino citizen)
Special Power of Attorney (with Authentication from Philippines Consulate when notarized abroad)
Affidavit of Waiver from foreign spouse
Certificate of Employment or Employment Contract (for OFWs)
Proof of Billing
Proof of Income / Affidavit of Support (optional)
Post-Dated Checks covering Downpayment period
ADDITIONAL REQUIREMENTS FOR SELF-EMPLOYED :
Business Registration (SEC / DTI)
Articles of Incorporation / Partnership and By-Laws
ADDITIONAL REQUIREMENTS FOR CONDO FOREIGN BUYERS:
Alien Certificate of Registration
FOR ONLINE BANK TRANSACTION :
ACCOUNT NAME : Filinvest Land, Inc.
ACCOUNT NUMBER :
BANK :
SWIFT CODE :
Kindly email online transaction slip to pyjannremolador@yahoo.com.
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.
Updated : 11 July 2008
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