Near RFO 38 PARK AVENUE - STUDIO UNIT in IT Park Lahug, Cebu City, Cebu

DESCRIPTION
Name of Project: 38 Park Avenue
Location: I.T Park Lahug, Cebu City
DHSUD LTS NO. 033630

IT PARK Cebu is a master-planned integrated community and the preferred address. It is widely recognized as Cebu’s Lifestyle and leisure centers. It is also preferred business address in the region with a live-work-play environment.
38 Park Avenue is the residential component of the soon to be developed breathable space at bustling PEZA accredited IT hub. It is part of the P5 – billion mixed use project with the other two components – office tower and Retail Boulevard.
With 38 Park Avenue, we are introducing a unique residential experience, towering all other developments in IT Park.

Landmarks/Accessibility:
2 minutes going to Park Centrale
2 minutes going to The Walk
6 minutes going to Gaisano Country Mall
8 minutes going to St. Therese Church
10 minutes going to Waterfront Cebu City Hotel and Casino
13 minutes going to University of Southern Philippines

Transportation Details:
Walking Distance from the building going to National Hi-way
PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools

PROPERTY DETAILS/FEATURES
Floor Area: 24.48
Studio Unit
Bed Area
1 Toilet And Bath
Living Area
Dining Area
Kitchen Area
Provision For Split Type A/c
Provision For Internet, Telephone And Cable
Fire Sprinkler And Smoke Detector
PAYMENT FINANCING SCHEME/COMPUTATION
Sample computation:
List Price: Php 4,990,003.20
Transfer Charges : Php 399,200
Total Selling Price : Php 5,389,203.46
1.) Reservation Fee: Php 50,000 (Deductible from Equity)
2.) 3% Promo Discount: Php 133,661
3.) 10% Net Equity/ Downpayment: Php 356,400 payable up to 18 months
Php 19,800/month
4.) 90%Loanable Amount: Php 4,849,143

Estimated Bank Loan Computation
* 20 years @ Php 33,357/month
* 15 years @ Php 39,622/month
* 10 years @ Php 52,626/month
* 5 years @ Php 92,624/month

AMENITIES
24 Hour Security
Cctv System
38 Residential Floors
3 Levels Of Amenity At The 26th To The 28th Floor
2 Main Lobbies (east & West)
8 Elevators
3 Levels Basement Parking
A Grand Atrium At The Center Of The Tower
Ultra-exclusive Vip Units
Garden Atrium
High Ceiling Lobby
Swimming Pool
Showers
Fitness Gym
Lounge Areas
Multi-function Hall
Property Management Services
Mrf (materials Recovery Facility)
Fdas (fire Detection Alarm System)
Automatic Sprinkler System
Domestic Water Tank

OTHER INFO
DHSUD LTS NO. 033630

1.Reservation Fee is NON-refundable and NON-transferable
2.Pricelist is VAT-inclusive where applicable
3.Prices are SUBJECT to change without prior notice,
4.EL Camino Developers Cebu Inc.,
5.ALL Checks should be made payable to EL Camino Developers Cebu Inc
6.Pricelist does not include move-in charges, applicable utility connections and other related charges including, but not limited to electrical, water and telephone/internet connections association dues,
7.Pricelist EXCLUDES any and all financial and incidental charges related to loan releases including, but not limited to fire insurance, mortgage redemption insurance etc.
8.Failure to pay 1st equity within 30 days or as scheduled after reservation shall automically cancel this contract