Overlooking Residential Lot Samal
Description
OVERLOOKING RESIDENTIAL LOT
The newest overlooking high-end residential lot project in Anonang Kaputian District, Island Garden City of Samal.
The project has 4.1 hectare with beautiful amenities.
PROJECT DETAILS
Project Area: 4.1 Hectare
Compliance: PD 957 Compliant
Project Type: Residential Lot | High-End
Status: Pre-selling
Inner Lot Price: ₱ 11,200/sqm VAT included
Corner Lot Price: ₱ 11,700/sqm VAT included
Lot Size: 100, 120 sqm and above
Financing Option: Spot Cash w/ 10% disc. Deferred Cash for 72 months 0% interest
: 50% Installment for 72months; 50% Bank Financing or Inhouse Financing
FEATURE AND AMENITIES
• Clubhouse • Gated Community
• Swimming Pool • Multi Purpose Court
• Concrete Road Network • Electricity and Water Distribution
• Drainage System
SAMPLE COMPUTATION
• Regular Lot: ₱ 11,200/ sqm w/ VAT • Lot Area: 100 sqm
• Total Contract Price: ₱ 1,120,000
• PAYMENT SCHEME 1: INSTALLMENT
OPTION1 ⇒EQUITY INSTALLMENT STRAIGHT MONTHLY
• 50% Downpayment: ₱ 560,000
• Less Reservation Fee: ₱ 10,000
• Net Downpayment: ₱ 550,000
• Payable in 72 months straight monthly: ₱ 7,638.89
• Add Transfer & Processing Fees: ₱ 1,250
• TOTAL STRAIGHT Monthly for 72 months: ₱ 8,888.89
OPTION2 ⇒EQUITY INSTALLMENT STEP UP
• 50% Downpayment: ₱ 560,000
• Less Reservation Fee: ₱ 10,000
• Net Downpayment: ₱ 550,000
• Payable in 72 months
• 1st to 12th months: ₱ 5,333.33
• 13th to 24th months: ₱ 6,666.67
• 25th to 36th months: ₱ 8,000
• 37th to 48th months: ₱ 9,777.78
• 49th to 60th months: ₱ 11,111.11
• 61st to 72nd months: ₱ 12,444.44
50% BALANCE BANK FINANCING | IN-HOUSE FINANCING
OPTION1 ⇒ BANK FINANCING
• 50% Balance Thru Bank Financing: ₱ 560,000
• 10 yrs to pay @ 8% p.a : ₱ 6,794.35/month
• 7 yrs to pay @ 8% p.a : ₱ 8,728.28/month
• 5 yrs to pay @ 8% p.a : ₱ 11,354.78/month
• 3 yrs to pay @ 8% p.a : ₱ 17,548.36/month
OPTION 2 ⇒ INHOUSE FINANCING
• 50% Balance Thru Bank Financing: ₱ 560,000
• 5 yrs to pay @ 14% p.a : ₱ 13,030.22/month
• 3 yrs to pay @ 14% p.a : ₱ 19,139.47/month
• PAYMENT SCHEME 2: DEFERRED CASH 0% interest for 6yrs
• Total Selling Price: ₱ 1,120,000
• Less Reservation Fee: ₱ 10,000
• Add Transfer Fee & Processing Fee: ₱ 90,000
• Monthly Amortization for 72 months: ₱ 16,666.67
• PAYMENT SCHEME 3: SPOT CASH 10% Discount
• Discounted Contract Price: ₱ 1,098,000
DEED OF RESTRICTIONS
• Cost of construction shall adhere to the twenty thousand pesos per square meter or higher. No construction under two million pesos shall
be allowed within the subdivision.
• The maximum building heights shall be 9 meters, measured vertically from the center of the lot.
• All houses shall be built at a maximum of two levels floors only and minimum of 1 floor with loft.
• Light or combustible materials for structural or exterior use shall not be allowed at all cases
WHY INVEST IN SAMAL?
• Being near to the region’s large economic base, the Island Garden City of Samal is having the following competitive advantage for investors to locate:
• Vast productive land is still available for cultivation and property development.
• Soil Type- Bolinao clay and rich in limestone
• Favorable climatic condition.
• Extensive municipal waters.
• White sand beaches and lush green coves.
• Vibrant fauna and flora
• Accessibility near Davao City- large economic base
• Emerging international center of amenities and tourism hub of Southern Philippines
• Potential world-class eco-tourism destination
• Stable peace and order.
• Warm and hospitable Samaleños.
• Supportive local government unit.
Source:http://samalcity.gov.ph/2015/index.php/tourism-and-investment/where-to-invest
Address
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Address Anonang, Kaputian District, Island Garden City of Samal
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Country Philippines
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Province/State Davao Del Norte
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Postal code/ZIP 8119
Overview
- Property ID 3847
- Price ₱1,120,000 M
- Property Type For Sale, Residential Lot
- Property status High-End
- Size 100 m2
- Label Pre-selling
Contact
