Saturday, April 14, 2012

ALTEA @ CIUDADES



ALTEA @ CIUDADES
Life assumes a new meaning at Altea, a proud fusion of the traditional and the modern with accents of elegance and luxury. The greatest pleasures of life are a privilege in this 8-hectare residential haven -- with  affordable 100 sq.m. lots ensuring value for money yet owning a promising property.
Altea offers an improved quality of life in an exciting variety with the development of adjoining complementary features at Ciudades. A real estate innovation motivated by a unique and profound vision, Ciudades is a modern integrated mixed-use development ideal for the expanding institutional, industrial, commercial, recreational, and residential requirements of the City of Davao and the Region.
Experience life to the fullest with original panache, vigor, and dynamism of Altea at Ciudades, where everything is within reach.
A Prime Joint Development  from Sta. Lucia Land Inc.  and Lapanday Properties.



 SAMPLE COMPUTATIONS:


AVERAGE  LOT SIZE
100 SQ.M
Price: Regular Lot
3,800.00
            Corner Lot
4,000.00
Average Contract Price
380,000.00
Reservation Fee
10,000.00


SCHEME 1: 10% DP PAYABLE IN 7 DAYS   = 7% discount 
38,000.00
less    7% discount                                         2,660.00

DOWNPAYMENT NET OF DISCOUNT
35,340.00

Add Miscellaneous fee
2,452.71

TOTAL DOWNPAYMENT

37,792.71

LESS RESERVATION FEE

10,000,00
·           DOWNPAYMENT PAYABLE WITHIN
                                  7 DAYS
27,792.71

·           90 %  BALANCE 2, 5 , AND 10 YEARS

·           * 2 YEARS TO PAY , NO INTEREST
14,250.00
             ADD MISCELLANOUS FEE
            
919.77 
MONTHLY AMORTIZATION FOR 2 YEARS
15,169.77


Monthly for 5 yrs to pay at 14% int. p.a.   (.02327)
7,958.34
Add: Miscellaneous Fee
367.91
Monthly Amortization for 5 yrs
8,326.25


Monthly for 10 yrs to pay  at 14% int. p. a.  (.01553)
5,331.26
Add: Miscellaneous Fee
183.95
Monthly amortization for 10 yrs
5,495.21


SCHEME 2: 20 % 12 MONTHS TO PAY
NO RESERVATION FEE, NO DISCOUNT
20 % DOWNPAYMENT  
76,000.00
 MONTHLY DOWNPAYMENT
6,333.33
ADD MISCELLANOUS FEE
411.67
MONTHLY FOR 12
6,745.00
80 % BALANCE : P 304,000.00

Monthly for 5 yrs to pay at 14% int. p.a.   (.02327)
7,074.08
Add: Miscellaneous Fee
329.33
Monthly Amortization for 5 yrs
7,403.41
Monthly for 10 yrs to pay  at 14% int. p. a.  (.01553)
4,721.12
Add: Miscellaneous Fee
164.67
Monthly amortization for 10 yrs
4,885.79



SCHEME  3 : NO RESERVATION, NO DOWNPAYMENT, 24 YEARS TO PAY

TOTAL CONTRACT PRICE P 380,000.00
MONTHLY AMORTIZATION      15,833.33
MISCELLANEOUS FEE               1,029.17
MONTHLY FOR 24 MONTHS  16 ,862.50






FOR SITE VISIT, PLEASE CALL OR TEXT THESE NUMBERS:


SMART 0999-993-8956   / GLOBE  0927-3798877 /  SUN  0922-557-5578 


AND LOOK FOR NEEDA AYOS.