MACTAN PLAINS SUBDIVISION – Erin Unit

Mactan Plains Subdivision property is the newest real estate development of known middle to high end developer by Pacific Land Ventures. Simple but with quality type of project especially its design for middle income earner familly wanting to own a decent house and lot subdivision home in Mactan, Lapu-lapu City.
For pronouncement purposes only and is not for sale yet until further notice on formal launching in August 2012. This will serve only as advance information to the public. You may watch when it will be formally launched!

ERIN MODEL UNIT

2 Storey, Duplex
3 Bedrooms
2 Toilet and Bath
Living, Dining, Kitchen
1 Carport – for Inner Unit or
2 Carport – for End Units
Floor Area: 73 sq. m.
Lot Area : 88 sq. m.
Total Contract Price: P 2,970,200.00
Reservation Fee: P 30,000.00(non-refundable)

CASH TERMS:
1) 100% Outright Cash with 5% Discount
2) 30% Outright Cash with 2.5% Discount

PAYMENT TERMS: SAMPLE COMPUTATION
20% Downpayment: P 594,040.00
Less: Reservation Fee: 30,000.00
Net Downpayment: P 564,040.00
*24 mos. to pay = P 23,501.67/mo.

80% Balance P 2,376,160.00 (BPI Bank)
Interest rate at 6%/annum One year fixed
10 years to pay – P 26,380.25/month
15 years to pay – P 20,051.39/month
20 years to pay – P 17,023.55/month

Transfer of Title Charges: P 101,531.50

Features & Amenities:
* Entrance Gate and Guardhouse* Fully-Fenced Perimeter* Landscaped Park and Playground* Multi-Purpose Hall* Outdoor Court* Concrete Road Network with Street Signage* Concrete Curbs, Gutters and Sidewalks* Street Lights* Ready Water Distribution System
* Electrical Power Supplied by MECO* Underground Drainage & Sewerage System