Price: PHP 6,700 sqm
Villa de Mercedes is a high end community located in Catigan, Toril , Davao City. The subdivision sits on top so there is a spectacular view of Davao City
and Davao Gulf.
Facilities are the following:
wide concrete roads with drainage system
electric lines
water lines
Gate and guardhouse with 24 hour roving security guards
Perimeter Fence
AMENITIES:
• A coffee shop
• Gym
• Function room
• Putting and pitching greens
• Infinity pool with panoramic view of Davao Gulf
• Basketball and Badminton court
• Tennis court
For more details, please contact: lea@davaoproperties.com . Thank you.
PRICELIST AS OF JANUARY 2012:
LOT SIZES 200SQM 200 200 REGULAR PRIME CORNER
PRICE/SQM P6,700.00 7,200.00 7,500.00
TOTAL CONTRACT PRICE:
NO VAT P1,340,000.00 1,440,000.00 1,500,000.00
NOTE: Bigger lots are available but prices above Php1.5M is subject to 12% VAT.
PAYMENT SCHEME:
1) CASH 1,240,000.00 1,340,000.00 1,400,000.00
2) STRAIGHT MONTHLY SCHEME FOR 2 YEARS:
MONTHLY DOWNPAYMENT
(Net of P50k RES. FEE)
53,750.00 57,916.67 60,416.67
3) IN HOUSE FINANCING:
20% DOWN: 268,000.00 288,000.00 300,000.00
Less: Res.Fee 50,000.00 50,000.00 50,000.00
Bal. on DP 218,000.00 238,000.00 250,000.00
/ Term of Payment 12 mos.
Monthly DP for 1yr 18,166.70 19,833.30 20,833.40
80% BALANCE:
1YR @ 0 INT. 89,333.40 96,000.00 100,000.00
2YRS @ 12% P.A. 50,462.76 54,228.64 56,488.17
3YRS @ 14% P.A. 36,638.42 39,372.63 41,013.16
4YRS @ 16% P.A. 30,380.78 32,648.00 34,008.34
5YRS @ 18% P.A. 27,221.75 29,253.23 30,472.11
10YRS @ 22% P.A. 22,157.91 23,811.48 24,803.63
4) BANK FINANCING:
30% DOWNPAYMENT PAYABLE IN ONE YEAR: (NET OF P50K RESERVATION FEE)
29,333.33 31,833.33 33,333.33
70% BALANCE:
5YRS TERM 20,045.00 21,541.00 22,439.00
10YRS TERM 12,921.00 13,885.00 14,464.00 15YRS TERM 10,809.00 11,616.00 12,100.00
NOTE: MORTGAGE REDEMPTION INSURANCE is not included in the computation above.
For free site visit, please contact lea@davaoproperties.com .
Thank you
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