The wonderful island of Cebu… known for its original coastlines, limestone plateaus, and rolling mountains, has become the developing hub for lifestyle, entertainment, and commerce in central Philippines. Known as the Queen City of the South, it is one of the most developed regions in the country, with its capital city widely considered as the most important metropolitan center next to Metro Manila. While this island city bellies economic significance, the vibe remains to be relaxed and easygoing.
Nivel Hills, Lahug, Cebu
Nivel Hills, Lahug, Cebu City UPDATED AS OF JANUARY 09, 2018
The placed back atmosphere of the city, the charm of its people, and the splendor of its neighboring landscape and seascape make Cebu more than just a favorite tourist destination. It’s more people, locals and foreigners alike, are making this metropolis their address of choice. With over 40 years of building quality communities under its name, prime developer Federal Land builds an additional tower in the impressive Marco Polo Residences in Nivel Hills.
Settled at an altitude of 800 feet above sea level in Cebu’s desirable locale of Nivel Hills, Marco Polo Oceanview is set to reflect opulence and luxury. The newest tower of this exclusive vertical community carries the same fusion of Eastern culture and Western innovation as reflected in previous phases of the improvement.
The high-rise community watches the Mactan channel and Cebu’s cityscape, where at night, dots of lights in varying colors make for a stunning evening view. Enveloped in lush greens and rolling terrain, this is a cherished place where residents can commune with nature. There is an abundance of amazing views from any vantage point in the condominium buildings.
Marco Polo Oceanview truly is for families who envision living the luxury resort lifestyle. First-class facilities and privileges as with a five-star hotel are to be expected. Indoor amenities include, among others, a mini-theater, a wine cellar, an indoor spa, and a game room. The outdoor atmosphere is maximized with pools, multi-purpose area, fitness station, viewing deck and even a mini putting green. All family members are sure to appreciate this well-planned community.
Those seeking to call Marco Polo Oceanview their home can choose from spacious configurations of one- to three-bedroom units, all masterplanned with comfort, ease, and aesthetics in mind.
This residence is a short drive from the bustling downtown Cebu, the iconic lifestyle hub Ayala Center, the Cebu International Airport, the historic Magellan’s Cross, the Mactan Shrine, and a number of other points of interest in the City. It is also a stone’s throw away from the region’s only five-star hotel, the Marco Polo. The discovery of a lifetime begins in Marco Polo Residences. With the addition of its latest tower-the Marco Polo Oceanview, Cebu.
Features & Services:
*Private and Secure drop Off
*Four (4 ) elevators
*Two( 2) levels basement
*Minimum 1.5m hallways
*Mail room
*Centralized Sanitary Disposal
*Provisions for WiFi at selected areas
*Safety and Security Features
*Guest Annunciator Systems for all units
*CCTV system at lobby
*STand by- power generator
*100% back-up power for common areas
*10%-15% back up for residential units
*Automatic Fire Suppression System
(AFSS)(Water Based)
*Fire Detection alarm system
*24hour security and maintenance
*Efficiency Features
*Maximum natural light and ventilation
*Low Density
*3.2 meters floor to floor height
*Over 40% glass to concrete ratio
SAMPLE COMPUTATION FOR ONE BEDROOM UNIT!
Project: MARCO POLO OCEANVIEW Unit No.: 18K
Unit Type: 1 BEDROOM without Parking Unit Area: 38.00 sqm.
C2 Term - Spot Cash payable in 30 Days
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount (2.5%) 118,750.00 PHP 4,631,250.00 Less: Unit Discount (12%) 555,750.00 Net Contract Price PHP 4,075,500.00 Add: Estimated Advance Registration Charges 181,941.96 Total Contract Price PHP 4,257,441.96
Reservation Deposit PHP 100,000.00
Full Payment PHP 3,975,500.00
C1 Term - 50% Spot Downpayment payable in 30 Days, 50% Balance payable in 42 months
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount (2.5%) 118,750.00 PHP 4,631,250.00 Less: Unit Discount (6%) 277,875.00 Net Contract Price PHP 4,353,375.00 Add: Estimated Advance Registration Charges 217,668.75 Total Contract Price PHP 4,571,043.75
50% Spot Downpayment PHP 2,176,687.50 Less: Reservation Deposit 100,000.00 Total PHP 2,076,687.50
50% Balance in 42 months PHP 51,825.89
B3 - 30% Spot Downpayment, 70% Balance thru Cash or Bank Financing
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount (2.5%) 118,750.00 PHP 4,631,250.00 Less: Unit Discount (10%) 463,125.00 Net Contract Price PHP 4,168,125.00 Add: Estimated Advance Registration Charges 208,406.25 Total Contract Price PHP 4,376,531.25
30% Spot Downpayment PHP 1,250,437.50 Less: Reservation Deposit 100,000.00 Total PHP 1,150,437.50
70% Balance thru Cash or Bank Financing PHP 2,917,687.50
A1 - 10% Spot Downpayment, 20% payable in 42 Months, 70% Balance thru Cash or Bank Financing
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount (2.5%) 118,750.00 PHP 4,631,250.00 Less: Unit Discount (1%) 46,312.50 Net Contract Price PHP 4,584,937.50 Add: Estimated Advance Registration Charges 229,246.88 Total Contract Price PHP 4,814,184.38
10% Spot Downpayment PHP 458,493.75 Less: Reservation Deposit 100,000.00 Total PHP 358,493.75
20% Remaining Downpayment in 42 months PHP 21,833.04
70% Balance thru Cash or Bank Financing PHP 3,209,456.25
A2 - 20% Spot Downpayment, 20% payable in 42 Months, 70% Balance thru Cash or Bank Financing
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount (2.5%) 118,750.00 PHP 4,631,250.00 Unit Discount (3%) 138,937.50 Net Contract Price PHP 4,492,312.50 Add: Estimated Advance Registration Charges 224,615.63 Total Contract Price PHP 4,716,928.13
20% Spot Downpayment PHP 898,462.50 Less: Reservation Deposit 100,000.00 Total PHP 798,462.50
20% Remaining Downpayment in 42 months PHP 21,393.96
60% Balance thru Cash or Bank Financing PHP 2,695,387.50
A3 - 20% Downpayment in 42 Months, 80% Balance thru Cash or Bank Financing
Suggested Retail Price PHP 4,750,000.00 Less: Promo Discount 118,750.00 Net Contract Price PHP 4,631,250.00 Add: Estimated Advance Registration Charges 231,562.50 Total Contract Price PHP 4,862,812.50
20% Downpayment PHP 926,250.00 Less: Reservation Deposit 100,000.00 Total PHP 826,250.00 Divide by 42 months PHP 19,672.62 monthly downpayment
80% Balance thru Cash or Bank Financing PHP 3,705,000.00