RICHMOND SUBDIVISION PROPERTY FOR SALE
Tabok, Mandaue City, Cebu UPDATED AS OF JANUARY 11, 2016
Mandaue - Cebu Property for sale at RICHMOND SUBDIVISION, dwelling in a one hectare exclusive community. Remarkable development with elegant house and lot designs, a project for middle income earner family who wish in living just everything within your reach.
To complement the robust economic growth in Cebu, Richmond is located in Tabok, Mandaue City, having its perfect residencial address for businessmen and expatriates. You may experience the refreshing and relaxing environment for
this newest project of known real estate developer and hotelier architecture Joe P.Mabugat. Take advantage of the reasonable prices of various residential units of your choice before the property assessment value shots up in the next few months.
Near Pacific Mall, Insular Center
10-15 Minutes Drive to Mactan Cebu International Airport
5-10 Minutes Drive to SM City Consolacion
15-20 Minutes Drive to SM City Cebu, Ayala Center Cebu
SINGLE DETACHED MODEL ( Ready For Occupancy / For Construction )
Lot area = 112 sq.m., Floor area = 144.3 sq.m.
House Package Includes:
3 bedrooms & 1 maid’s quarter
3 toilet and bath
2 Slots Parking Area
Lanai located in Dining Area
Granite top Kitchen counter
With cup board
All floors with 60x60 imported tiles
Living / Dining Area w/Sliding door and drop ceiling
Staircase with overhead skylight
All construction quality works under owner’s supervision
Master’s bedroom with Balcony
Service Area, side door
Total Contract Price: Php 7,500,000.00
Reservation Fee: 50,000.00 ( non-refundable but deductible to the equity/downpayment )
Terms of payment: ( Sample Computation )
20% downpayment/equity: Php 1,500,000.00 payable within one year without interest.
3 months to pay = 483,333.33/mo. ( For Ready for Occupancy. Buyer is allowed to move-in after the equity payment w/ Bank guarantee )
1 year to pay = 120,833.33/mo. (For house construction shall start after the complete payment of equity)
80% balance = Php 6,000,000.00 loanable to BANK @ 6.0% 1 year fixed
05 years to pay = 115,996.81/mo. ( gross family income required is 310,712.23/mo.; age limit not more than 55 years of age )
10 years to pay = 66,612.3/mo. ( gross family income required is 176,536.00/mo.; age limit not more than 50 years of age )
15 years ot pay = 50,631.41mo. ( gross family income required is 132,912.00/mo.; age limit not more than 45 years of age )
20 years ot pay = 42,985.86mo. ( gross family income required is 111,896.00/mo.; age limit not more than 45 years of age )
Note: For the management payment standard scheme is 30% EQUITY/ 70% LOANABLE. However, if the buyer is been qualified to loan
for 80% from the bank, I can help you negotiate w/ the owner. Just inform me also if your income requirement can't meet as what
stated above, I can help you too also to be qualified since I am a bank loan processor.
SINGLE DETACHED MODEL
3 STORIES DUPLEX MODEL
3 STORIES DUPLEX MODEL (Ready For Occupancy / For Construction)
Lot area = 107 sq.m., Floor area = 200 sq.m.
House Package Includes:
3 bedrooms & 1 maid’s quarter
3 toilet and bath
2 Slots Parking Area
Lanai located in Dining Area
Granite top Kitchen counter
With cup board
All floors with 60x60 imported tiles
Living / Dining Area w/Sliding door and drop ceiling
Staircase with overhead skylight
All construction quality works under owner’s supervision
Master’s bedroom with Balcony
Service Area, side door
Total Contract Price: Php 8,500,000.00
Reservation Fee: 50,000.00 ( non-refundable but deductible to the equity/downpayment )
Terms of payment: ( Sample Computation )
20% downpayment/equity: Php 1,700,000.00 payable within one year without interest.
3 months to pay = 550,000.00/mo. ( For Ready for Occupancy. Buyer is allowed to move-in after the equity payment w/ Bank guarantee )
1 year to pay = 137,500.00/mo. (For house construction shall start after the complete payment of equity)
80% balance = Php 6,800,000.00 loanable to BANK @ 6.0% 1 year fixed
05 years to pay = 131,463.05mo. ( gross family income required is 382,023.00/mo.; age limit not more than 55 years of age )
10 years to pay = 75,493.94/mo. ( gross family income required is 108,526.00/mo.; age limit not more than 50 years of age )
15 years ot pay = 57,382.26/mo. ( gross family income required is 163,416.00/mo.; age limit not more than 45 years of age )
20 years ot pay = 48,717.31/mo. ( gross family income required is 139,077.00mo.; age limit not more than 45 years of age )
Note: For the management payment standard scheme is 30% EQUITY/ 70% LOANABLE. However, if the buyer is been qualified to loan
for 80% from the bank, I can help you negotiate w/ the owner. Just inform me in case your income requirement can't meet as what
stated above, I can help you too also to be qualified since I am a bank loan processor.
UPDATED AS OF JANUARY 20, 2015
- SOLD OUT UNIT