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THE ORCHARD
(M.L. Quezon Highway, Cordova,
Mactan island, Cebu Philippines
THE ORCHARD is an exclusive and secured
residential subdivision medium sized lots ranging from 120 to 150 square
meters in area, located along M.L. National Highway, Gabi, Cordova, Mactan
Island, Cebu. It is only within 5 minutes drive to the center of the
Poblacion of Cordova, 20 minutes drive to the Mactan-Cebu International
Airport, the Philippines Economic Zone-Mactan and the business
Center of Lapu-Lapu City, and 30 minutes from the Cebu City. It is
likewise a few minutes drive to several internationally known resort
hotels, such Cordova Reef Village Resort, Plantation Bay Mactan, Maribago
Bluewaters Beach Resort and Shangrila's Mactan Island Resort.
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LOT PURCHASE |
| A. Php
4, 500.00 per sq/m (exclusive of VAT) |
| B.
Reservation fee of Php 50,000 good for thirty days abnd
non-refundable |
| C. 20%
downpayment (inclusive of reservation )+ VAT of purchase price |
| D. 80%
remaining balance for bank financing (with Metro Cebu Public Bank at
5-15 years to pay) at interest of 12% P.a. for 1st to 5th year, 13%
PA. for 6th to 10th year, 14% Pa. for 11th to 15th year |
| E.
Documentary stamp, transfer tax and registration fees are for the
account of buyer and shall be payable together with 20% downpayment. |
F. The prices and
availability are subject to change without prior notice.
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SCHEDULE
OF MONTHLY AMORTIZATION |
| Lot
Area |
Price
PHP |
20% Down
payment |
1st
5 year |
6-10th year |
11-15th year |
| 120sq.m |
540.000.00 |
108,000.00 |
9,792.00 |
6,030.00 |
4,816.00 |
| 150 sq.m |
675,000.00 |
135,000.00 |
12,240.00 |
7,537.50 |
6,020.00 |
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