Palmetto Place

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Property Details

After the huge success of Ecoland 4000 Residences and Magallanes Condominiums, DMC – UPDI brings us their latest project called PALMETTO PLACE located in Maa, Davao City.   With the success of Buildings 1 and 2, (already turned over to existing buyers), Palmetto Residences is offering once again another quality development yet affordable to both Filipinos and foreigners alike.

Lombardy,  a 7 storey building, is the 3rd vertical community of Palmetto Residences.

Amenities include: clubhouse, swimming pool, basketball court.

Facilities: gate and guardhouse, perimeter fence, elevator, drainage system, electric line, water line, cable line, internet and telephone lines.

Sample Computation: (based on a unit located on the 7th floor / facing the amenities)

Total Contract Price –      Php3,639,700.00

Less: Discount 5%                        181,985.00

 Net Contract Price   Php3,457,715.00  

A) Downpayment 20%              Php  691,543.00

Less: Reservation Fee                     20,000.00

Net Downpayment                Php  671,543.00

/ Term of Payments                 18 months

Monthly Downpayment  Php   37,308.00                         

B) 80% BALANCE PAYABLE THROUGH IN HOUSE FINANCING

3 years term   P92,538,40 per month

5 years term      65,083.32 per month

10 years term     51,636.70 per month

C) 80% BALANCE PAYABLE THROUGH BANK FINANCING:

3 years term   P88,932.00

5 years term       59,114.00

10 years term    38,104.00

D) CASH PURCHASE: ADDITIONAL 7.5% DISCOUNT

For more details and site visit, please contact lea@davaoproperties.com . Thank you.

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