BAMBOO BAY RESIDENCES – Two Bedroom Unit

An ideal place to live that the average Filipino dreams of: a safe and nurturing environment with good neighbors who share the same values and who take pride in the rewards of their hard work.
Well designed spaces,and at the heart of its grand design, amenities and services that are community oriented.
A quality of life everyone aspires to have.
Privacy and security of residential homes.
• Entrance • Security • Clubhouse • Gym • Meditation room • Swimming pool
• Barbeque Station • Badminton court • Playground

Privacy and security of residential homes. Well designed spaces. And at the heart of its grand design, amenities and services that are community-oriented, supporting activities that encourage the spirit of Bayanihan among neighbors. A quality of life everyone aspires to have.
The CONTEMPO condominium cebu  is going into high gear immediately after the launch of the company in preparation for the development of its flagship project.
Dwelling in a one-hectare prime land within the heart of Metro Cebu,  its gathered a team comprised of a marketing consultant, architect, engineers and  executives to enhance a conceptual design scheduled to introduce a novel idea to the Cebu market.
Captivating a review approach to the design process, the company started with several groups of prospective real estate buyers to evaluate their wants and needs. What began is a focus on the key elements of “community” that are perceived to be lacking in most projects.
Upon idea of good neighborhood and their impression on the quality of life in residential developments became the defining essential that Contempo opted to capitalize on. The insights provided by those consulted in the market study revealed aspirations for values of discipline, cooperation and the community spirit to familiar to the Filipino culture with professionally run property management with customer service from the heart shall be the framework of an exciting community innovation that shall set Contempo communities apart from other projects.
Soon to be launched by November 22, 2012: a revitalizing one hectare green sanctuary in the midst of the urban spread just a few meters from H. Cortes St. a very strategic location within a quick drive to ayala mall, sm mall, schools, churches, offices and entertainment hubs.

Two Bedrooms ( 44 sq.m.)
Selling price: Php 3,197,999.00
Less reservation fee: 15,000.00 ( non-refundable )
Balance:       Php  3,182,999.00

SAMPLE COMPUTATION:
20% Equity:636,599.80 ( 42 mos. to pay 0 int.)
1st year – 14,497.73/mo.
2nd year – 18,591.10/mo.
3rd year – 22,569.85/mo.
37 mos. to 42 mos. – 26,548.60/mo.

80% Balance: Php 2,546,399.20
Bank Financing: ( BDO )
25 years to pay – 17,997.41/mo.
( Yearly re-pricing by dimenishing balance )
Net family NET INCOME required: 53,992.23/mo.

Pag-ibig Financing:
25 years to pay – 24,498.65/mo.
( 3 years re-pricing )
Gross family NET INCOME required: 81,661.35/mo.

NOTE:
Excluding Mortgage Redemption and Fire Insurances