ELEGANT YET VERY AFFORDABLE. ACCESSIBLE TO MALLS,RESTAURANT,HOSPITALS AND UNIVERSITY
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Nichols Park
- Opened last 1999. Inspired by traditional English architectural style.
- Located at Guadalupe, Cebu City.
- Just 5 minutes away from Cebu Capitol and Fuente Osmeña
- Total area is 4 ha (including Phase II & III)
Features & Amenities
Landscaped main entrance w/ guardhouse
Concrete subdivision curbs & gutters
Underground drainage system
Centralized water distribution system
Waste water treatment facilities
Parks and playground
2 exclusive and spacious clubhouse with facilities for daycare center,
convenience store, doctor's clinic
Lighted streets
Swimming pool
Elevated water tank
24 hour security
Individual septic tank
Trees and greenery
Fitness gym
Multi-purpose hall
Location : , Cebu City, Cebu
Price Range : P 4,514,789 to P 7,767,907
Convert : P 4,514,789 to P 7,767,907
Payment Terms : FINANCING SCHEME
SPOT CASH
By the name itself, it is playing the total contract price OUTRIGHT. This is payable within 7
to 30 days and would entitle the buyer to an 8% discount from the Net Selling Price (exclusive
of VAT & MCC).
DEFFERED CASH
This is actually another term of stretch payment scheme of the total Contract price. The
maximum term is 6 months to pay.
Option 1: 30% DP - 7 days to pay w/ 8% discount, 70% balance is payable in 6 months @ 0%
interest.
Option 2: 50% DP - 7 days to pay w/ 8% discount, 50% balance is payable in 6 months @ 0%
interest.
IN- HOUSE FINANCING
This is applicable for non-member of SSS/PIF but with capacity to pay.
Downpayment :
30% DP payable in 3 mos. @ 0% interest or 6 mos. With 5% interest
Loanable Amount:
70% of the TCP payable in 1yr - 5yrs
1 year 5% interest Factor is 0.08560748
2 years 16% interest Factor is 0.04896311
3 years 18% interest Factor is 0.03615240
5 years 20% interest Factor is 0.02649388
Bank Financing - BPI (terms and interests rates to be verified)
Provident
Benefit given by a company to its employees
This is applicable only for subdivision, which are almost fully developed.
LIST OF REQUIREMENTS
Spot Cash
Residence Certificate Tax Payer's Identification No. (TIN)
3 pcs. 3x2 ID pictures Photocopy of marriage contract
Passport (if applicable) Sketch of present address
Waiver (if applicable ) Special Power of Attorney
Birth Certificate Marriage Contract (if applicable)
Deferred Cash and In- house financing
Residence Certificate Tax Payer's Identification No. (TIN)
3 pcs. 3x2 ID pictures Photocopy of marriage contract
Passport (if applicable) Waiver (if applicable )
Proof of income Birth Certificate
Post dated checks Proof of billing
Sketch of present address
Bank Financing
Requirements will vary on banks requirement
Provident
Letter of Guaranty from the company
Certification of employment and compensation
Income tax return with W2
Payslip for 3 months
Residence certificate Tax Payer's Identification No. (TIN)
3 pcs. 3x2 ID pictures Photocopy of marriage contract
Passport (if applicable) Waiver (if applicable )
Special Power of attorney Birth Certificate
Post dated checks Proof of billing
Sketch of present address
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