AFFORDABLE RES'L LOT 4 SALE IN CAVITE @ P3,000/SQM. - IN HOUSE FINANCE
RIO DE ORO RESIDENTIAL ESTATES BRGY. BUENAVISTA 1, GEN. TRIAS, CAVITE
DEVELOPER: STA. LUCIA REALTY & DEVELOPMENT, INC.
Nestled within a prime residential development area along Gen. Trias Provincial road, Rio De Oro is only 3 Km. from Governor’s Drive, and minutes to commercial centers, fast food centers, and other important establishments.
Rio De Oro builds on the natural advantages of its location. Lush trees grow on river banks at front and back of the property, creating the community’s cool ambience.
FEATURES AND AMENITIES:
• Entry statement along national road
• Entrance gate and guardhouse
• Clubhouse
• Basketball court
• Tennis / badminton court
• Swimming pool
• Children’s playground
• Landscaped open spaces
• Concrete road network
• Concrete sidewalks, curbs and gutters
• Meralco electrical power
• Centralized water system
• Underground drainage system
TERMS:
ALTERNATIVE 1 ( 15% DOWNPAYMENT – 6 MONTHS TO PAY ) 85% BALANCE 5 OR 10 YRS. TO PAY @ 14% INTEREST P.A
ALTERNATIVE 2 ( 20% DOWNPAYMENT - 3 MONTHS TO PAY ) 80% BAL. 5 0R 10 YRS. TO PAY @ FIRST YR. NO INTEREST
ALTERNATIVE 3 ( 20% OUTRIGHT DOWNPAYMENT ) 80% BALANCE PAYABLE IN 2 YRS. TO PAY ZERO INTEREST
SAMPLE COMPUTATIONS : RESIDENTIAL LOT ONLY 120 SQM. AND ABOVE
INNER LOT
LOT AREA------------------------------------------------------------- 120 sqm.
PRICE/SQM.---------------------------------------------------------- P 3,000
TOTAL CONTRACT PRICE----------------------------------------- P 360,000
ALTERNATIVE 1 ( 15 % DOWNPAYMENT )
OPTION 1
15% DOWNPAYMENT--------------------------------------------- P 54,000
LESS RESERVATION FEE------------------------------------------- P 5,000
10% DISCOUNT WITH IN 7 DAYS------------------------------- P 5,400
NET DOWNPAYMENT--------------------------------------------- P 43,600
OPTION 2
15% DOWNPAYMENT PAYABLE IN 6 MONTHS------------ P 54,000
LESS RESERVATION------------------------------------------------ P 5,000
NET DOWNPAYMENT--------------------------------------------- P 49,000
MONTHLY FOR 6 MONTHS-------------------------------------- P 8,166.70
85% BALANCE------------------------------------------------------- P 306,000
MONTHLY AMORTIZATION
SCHEME A.
5 YEARS TO PAY @ 14% INTEREST P.A P 7,120.62
SCHEME B.
10 YEARS TO PAY @ 14% INTEREST P.A P 4,752.18
ALTERNATIVE 2 ( 20% DOWNPAYMENT )
OPTION 1
20% DOWNPAYMENT P 72,000
LESS RESERVATION FEE P 5,000
10% DISCOUNT WITH IN 7 DAYS P 7,200
NET DOWNPAYMENT P 59,800
OPTION 2
20% DOWNPAYMENT PAYABLE IN 3 MONTHS P 72,000
LESS RESERVATION P 5,000
NET DOWNPAYMENT P 67,000
MONTHLY FOR 3 MONTHS P 22,333.33
80% BALANCE P 288,000
MONTHLY AMORTIZATION
SCHEME A.
5 YEARS TO PAY
FIRST YEAR NO INTEREST P 4,800
2ND TO 5TH YEAR @ 14% INTEREST P.A P 6,296.83
SCHEME B.
10 YEARS TO PAY
FIRST YEAR NO INTEREST P 2,400
2ND TO 10TH YEAR @ 14% INTEREST P.A P 4,232.73
ALTERNATIVE 3 ( 20% OUTRIGHT DOWN )
20% DOWNPAYMENT P 72,000
LESS RESERVATION FEE P 5,000
10% DISCOUNT IN OUTRIGHT DOWN P 7,200
NET DOWNPAYMENT P 59,800
80% BALANCE P 288,000
MONTHLY AMORTIZATION
2 YRS. TO PAY ZERO INTEREST P 12,000
NOTE: COVERED BY 24 MONTHLY POSTDATED CHECKS
**Thru in-house finance
NOTE: P1.5M and above TCP, plus 12% R-Vat
** Discounts on downpayment
- 10% discount if paid w/ in 7 days
- 7% discount if paid w/ in 1 month
- 5% discount if paid w/ in 2 months
- Zero discount if paid w/ in 3 to 6 months
For inquiries / site visit:
Contact person: Mr. Galvez
Cell. no.: 0921 - 2558005 / 0905 - 3228860
Landline: ( 02 ) 583 - 2695
Email: angelito_galvez@yahoo.com
