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El Monte Grande Heights, Consolacion, Cebu


Alternative road and a shortcut from El Monte Grande Heights Subdivision to SM City Consolacion bypassing the Yati-San Vicente Access Road is now underway (as of August 28, 2011).

That makes El Monte Grande Heights more accessible now from SM City Consolacion. A really good investment for people who want to engage into property buying-and-selling. Buy the subdivision lot at a rather lower price, build a house and resell it at a premium price after a minimum of 5 years, enough to allow the property to yield high return of investment.

Should you wish to keep the property for a lifetime while earning extra from it, you might just want to build a townhouse on your lot and have it rented out by employees working at SM City Consolacion or in any company in the Consolacion-Liloan Corridor.

Subdivision Lot Area: 117, 076sq.m.
Price: Php 3,000 /sq.m.

Standard Lot Size: 200 square meter

Amenities
  • Entrance Gate
  • Club House
  • Basketball Court
  • Water & Electrical Lines
  • Concrete Roads & Gutter
  • Open Spaces & Landscaping

Payment Terms:

A. 15/85 Scheme
  • 15% Downpayment (DP) less Reservation Fee = Net DP
  • Balance of 85% is 5 yrs to pay @ ZERO interest
  • 5% discount on DP if paid on spot cash after the reservation period (30 days)
B. Straight Monthly
  • Total Price less the Reservation Fee divided by 60 months at NO interest
SAMPLE COMPUTATION for a 200-square-meter lot:

A. Straight Monthly
Total Contract Price (200 sqm x Php 3,000) ----------------------Php 600,000.00
Less: Reservation Fee (good for 30 days) ------------------------------ 5,000.00
Net Total Contract Price -------------------------------------------- 595,000.00
Monthly Payment @ NO INTEREST (divided by 60 months) -------------- 9,916.67

B. 20% SPOT DOWNPAYMENT

B.1. 20% Downpayment Computation
Total Contract Price (200 sqm x Php 3,000) -------------------Php 600,000
Downpayment (Php 600,000 x 20 %) ------------------------------120,000
Less 6 % discount (Php 120,000 x 0.06) ----------------------------  7,200
Less Reservation Fee----------------------------------------------  5,000
Net Downpayment ---------------------------------------------- 107,800

B.2. 80% Balance
Balance (Php 600,000 x 80%) ----------------------------------Php 480,000
Monthly Payment @ NO INTEREST (divided by 60 months) ------------ 8,000
C. 15% SPOT DOWNPAYMENT

C.1. 15% Downpayment Computation
Total Contract Price (200 sqm x Php 3,000) ------------------Php 600,000
Downpayment (Php 600,000 x 15 %) ----------------------------- 90,000
Less 5% discount (Php 90,000 x 0.05) ----------------------------  4,500
Less Reservation Fee --------------------------------------------  5,000
Net Downpayment ---------------------------------------------- 80,500

C.2. 85% Balance
Balance (Php 600,000 x 85%) --------------------------------Php 510,000
Monthly Payment @ NO INTEREST (divided by 60 months) ----- Php 8,500

FOR INQUIRIES, RESERVATIONS, BOOKINGS and SITE VISIT:
Vijay Lo (Real Estate Salesperson)
(SUN) +639228133907
email: vijay_lo@hotmail.com
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Milan Tomic

Hi. I’m Designer of Blog Magic. I’m CEO/Founder of ThemeXpose. I’m Creative Art Director, Web Designer, UI/UX Designer, Interaction Designer, Industrial Designer, Web Developer, Business Enthusiast, StartUp Enthusiast, Speaker, Writer and Photographer. Inspired to make things looks better.

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