THE FRENCH HIGHLANDS SUBDIVISION


Tawason, Mandaue City - Cebu
Vera Estate Development in Mandaue City, Cebu. A kind of high-end house and lot subdivision called “ The French Highlands “ in northern part of Cebu, which is tranquil countryside living with metropolitan conveniences. Remarkable residential development embodies a community of quietness and refinement situated on the sprawling greenery that offers a tranquil home address while still promising an active commercial district.

It is located in Barangay Tawason, Mandaue City, a rural setting area yet accessible to the City, Airport, North Highway, near schools, church, markets and commercial centers.
Total Project Area: 22 hectares
A master-planned community with a mix of residential and commercial development.
Vera Estates, home to the stylishly gracious, marries stylish and serene countryside living with metropolitan conveniences.
Taking inspiration from the aesthetics of the French countryside is The French Highlands, Phase 2 of Vera Estates. Among the French-inspired elements in the commune are walkways and landscaping that mirror the majesty of the gardens and courtyards of French palaces and a clock tower that is straight out of old-world France.
PROJECT DETAIL
• Name of the Project :  VERA ESTATES
• Total Project Area : 22 hectares
A master-planned community with a mix of residential and commercial development.
• Subdivision Name :  THE FRENCH HIGHLANDS
•
Subdivision Area :  4.8 hectares
• Total Number of Lots :  114 lots
• House and Lot :  27 units
The first of four residential enclaves. Located at an elevated area overlooking the city.
FEATURES & AMENITIES

• Prime location in Mandaue City, quaint rural setting yet easily accessible to the city, airport and the North Highway.
• Near schools, church, markets and commercial centers.
• Wide Roads, 20-meter Right-Of-Way Main Road.
• Fully Landscaped Entrance
• Fully Fenced Perimeter
• Water Features and Lagoons
• Tree-Lined Roads
• Landscaped Parks and Playgrounds
• Street Lights
• Central Clubhouse with Swimming Pool
• Community Chapel
• Jogging Trails
• Bike Lanes
• Concrete Roads, Sidewalks and Curbs
• Separate Storm and Sewer Drainage System
• MCWD Water Source
• VECO Electrical Power Supply
• Underground Power Service Connection to the Houses
HOUSE AND LOT PACKAGE:
DE LUXE HOUSE MODEL:
2-Storey Single Detached
3 Bedrooms
3 Toilet and Bath
1 Powder Room
Maid's Room with Own Toilet
3 Car Covered Garage
Dirty Kitchen, Utility Area
Lot Area   : 285 sq. m.
Floor Area: 230 sq. m.
Basic Price                         : P 14,916,580.00
VAT and Transfer charges:       2,461,236.00
Total Contract Price          :  P 17,377,816.00
Reservation Fee: P 100,000.00

Note: Lot Type (MES) - Main Road, Facing east. Scenic Lot
Basic house deliverables; walls are painted, plumbing fittings,
tiled floors House upgrade is allowed and will be assessed
separately.

PAYMENT TERMS:
1) SPOT CASH - Less 5% discount w/n 30 days payment
Total Contract Price    : P 17,377,816.00
Less: Reservation Fee: P      100,000.00
                                      P 17,277,816.00
Less: 5% Discount                 863,890.80
Discounted Balance      P 16.413,925.20

2) SPOT EQUITY - Within 7 days payment, Less 3% Discount.
3) REGULAR EQUITY - Payable 6 months, no Interest
4) DEFERRED CASH - 24 MONTHS TO PAY

Total Lot Only for sale:  114 Lots
Lot Cuttings       : 213 sq. m. to 460 sq. m.
Basic Lot Price  : P 10,888.00/sq. m.
Reservation Fe  : P 50.000.00
Additional PHP500.00/sqm.; for lots along the main road.
Additional PHP 300.00/sqm.; for corner lots.
Additional PHP 300.00/sqm.;  for lots facing east.
Additional PHP 300.00/sqm.; for scenic lots
(adjacent and across parks).
SAMPLE PRICE COMPUTATION:
Lot Area:  213 sq. m. / Scenic Lot
List Price                                    :  P 2,383,044.00
Add: VAT & Transfer Charges  :        393,202.00
Total Contract Price                     P 2,776,246.00
Reservation Fee: P 50,000.00
PAYMENT OPTIONS:
1.  Spot Cash - Less 5% Discount if paid within 30 days after Reservation Date
2.  Spot Equity - Less 3% Discount if paid within 7 days (20% Equity)
3.  Regular 20% Equity -      Payable up to 6 months, no interest
4.  Deferred Cash (TCP) - Payable 24 months, no Interest

PROVISIONS FOR LOT TURN-OVER
•
Road facilities must be completed.
• The buyer must pay the Membership fee for the Homeowner’s Association and Water Connection Fee.
• VECO electric meter is installed, buyer has to apply personally with VECO. Fees for the application of meter shall be Buyer’s account.
• For bank, HDMF and other financing agencies, must have fully paid the equity and the loan proceed is released or a Letter of Guarantee is issued by the financing agency.
• Buyer has signed the Certificate of Acceptance.
• Buyer applies for an Authority to Move-In and is approved by CRRDI.

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HOUSE INTERIOR DESIGN IS CLICKABLE TO MAKE IT LARGER VIEW!
JULY 2013 ACTUAL SITE DEVELOPMENT IS CLICKABLE TO MAKE IT LARGER VIEW!
IMPORTANT REMINDERS: WE DON'T HAVE RENT TO OWN FOR HOUSE AND LOT IN CEBU ANYMORE. FOR THE CHEAPEST CEBU READY FOR OCCUPANCY HOUSING, YOU NEED TO SECURE AT LEAST PHP 100,000.00 CASH ON HAND TOGETHER WITH LOAN GUARANTEE COMING FROM BANK/PAG-IBIG IF YOU LIKE TO MOVE IN THE UNIT RIGHT AWAY.
FOR BUYER'S WHO CAN'T AFFORD YET TO BUY THE
RFO UNIT I SUGGEST TO PREFER GET THE CEBU PRE-SELLING SUBDIVISION. IT'S BECAUSE OF THE LONG TERM EQUITY/DOWNPAYMENT THAT SURELY YOU CAN AFFORD IT. ONCE THE SM SEASIDE MALL WILL OPEN BY THIS YEAR OF  2015 ALL PROPERTIES IN CEBU BECOME VERY EXPENSIVE AND PROBABLY YOU WILL BE RENTING FOREVER.
Authorizing to Sell Certificate of Registration: HLURB-CVRFO-A-12/17-0198 LUZDIMINDA C. LABISTE
17 YEARS SOLID SELLING EXPERIENCED WITH GOOD TRACK RECORD AND ONE OF THE TOP SELLER IN CEBU!

“FOR FREE COMMON SITE TRIPPING VEHICLE THE BUYER MUST INFORM ME AT LEAST ONE DAY AHEAD ( If the developer has a service vehicle). IF THE BUYER LIKE A PERSONAL TRIPPING BUT DON'T HAVE CAR, HE/SHE MIGHT PAY THE MINIMAL COST OF FUEL EXPENSES ( to be refunded once will reserve a unit ) FOR THE PRIVATE AND EXCLUSIVE SITE VIEWING.”
BE AWARED OF THE PRICE HIKE IF YOU CAN'T RESERVE EARLIER. BET THE PRICE INCREASE NOW!
I CAN GUARANTEE THAT
I DON'T OVERPRICE  AND YOU MAY GET THE BEST PROPERTY.
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