38 PARK AVENUE CEBU in IT PARK, Cebu City

For Sale

Full Details

21,165.49 monthly

NEW YORK is NOW in CEBU!

Live Now in the MOST PRIME Location in Cebu! The 38 Park Avenue in I.T. Park

38 Park Avenue Cebu is the city’s landmark project commencing this year by El Camino Developers Inc – a 5 Company consortium.

IT PARK Cebu is a master-planned integrated community and the preferred address which is recognized as the Cebu city’s lifestyle and leisure center as well as being the preferred regional business address with a thriving live – work – play environment.

38 Park Avenue Cebu is the residential component of the soon to be developed breathable space at bustling PEZA accredited IT hub. It is part of the PHP 5 billion mixed use project with the other two components an office tower and a retail boulevard.

With 38 Park Avenue, we are introducing a unique residential experience, towering all other developments in IT park.

IMAGINE a Place where PARK meets the CITY…And where EAST and WEST are one in a PANORAMIC View…Standing HIGH in an AVENUE, over an Address that NEVER Sleeps…

INTRODUCING – “38 PARK AVENUE” – a NEW YORK INSPIRED LIVING & WORLD-CLASS MASTERPIECE in our very own CEBU I.T. PARK!

DESIGNED to PERFECTION – Units Are Meticulously Designed And Angled For The BEST PANORAMIC View Of CEBU

A Proudly Cebuano-led Development by Top Cebuano Businessmen

QUICK FACTS about 38 Park Avenue:
* 38 Storeys high, the Highest in Cebu I.T. Park

* Ultra Exclusive VIP Units

* 3 Levels of Amenity at the 26th to the 28th floor

* 2 Main Lobbies (East & West) with 2 elevator cores of 4 elevators each

* 3 Levels Basement Parking

* Each unit meticulously designed for a panoramic view of Cebu

* A Grand Atrium at the center of the Tower

38 Park Avenue BUILDING FEATURES:
* 745 Units

* 440 STUDIO (SOLD OUT)

* 211 One-BEDROOM

* 75 Two-BEDROOM

* 11 Three-BEDROOM

* 8 PENTHOUSE

* 1,280 Sqm Building Floor Plate

* BALCONY On Select Units

* 521 PARKING Units

* SKY GARDENS On The 31, 33, 35, 37, & 39th Floor

* PATIO Every 3 Floors From 3rd To 12th Floor

* Ground Level RETAIL SPACES

38 Park Avenue BUILDING AMENITIES:
* SKY CLUB AMENITY
– Swimming pool
– Fitness gym
– Lounge areas
– Multi-function hall

* RECREATION AREAS

* KIDS ZONE

* GRAND LOBBY
– Garden Atrium
– High Ceiling
– Retail restaurant

38 Park Avenue BUILDING SERVICES:

* 24-Hour Security

* CCTV System

* Property Management Services


1-BEDROOM UNIT

Floor Area: 54.13 sq.m.
Unit Delivery: Finished (Contact me to see the deliverable unit)

SAMPLE COMPUTATION:

LIST PRICE: 7,657,921.17
TRANSFER CHARGE (TC): 612,633.69

TOTAL SELLING PRICE: 8,270,554.87
RESERVATION FEE: 30,000.00

OPTION 4:  12% Down Payment w/o TC spread over 42 months (TC Before Move-in) — Php 21,165.49/month

OPTION 5: 12% DP w/ TC spread over 42 months — Php 35,752.01/month

88% BALANCE LOANABLE THRU BANK: Php 6,738,970.63

 


2-BEDROOM UNIT

Floor Area: 74.01 sq.m.
Unit Delivery: Finished (Contact me to see the deliverable unit)

SAMPLE COMPUTATION:

LIST PRICE: 12,091,921.99
TRANSFER CHARGE (TC): 967,353.76

TOTAL SELLING PRICE: 13,059,275.75
RESERVATION FEE: 50,000.00

OPTION 4:  12% Down Payment w/o TC spread over 42 months (TC Before Move-in) — Php 33,357.87/month

OPTION 5: 12% DP w/ TC spread over 42 months — Php 56,390.10/month

88% BALANCE LOANABLE THRU BANK: Php 10,640,891.36


3-BEDROOM UNIT

Floor Area: 157.90 sq.m.
Unit Delivery: Finished (Contact me to see the deliverable unit)

SAMPLE COMPUTATION:

LIST PRICE: 25,896,903.99
TRANSFER CHARGE (TC): 2,071,752.32

TOTAL SELLING PRICE: 27,968,656.31
RESERVATION FEE: 50,000.00

OPTION 4:  12% Down Payment w/o TC spread over 42 months (TC Before Move-in) — Php 72,800.68/month

OPTION 5: 12% DP w/ TC spread over 42 months — Php 122,128.11/month

88% BALANCE LOANABLE THRU BANK: Php 22,789,275.51


PENTHOUSE UNIT

Floor Area: 412.08 sq.m.
Unit Delivery: Finished

SAMPLE COMPUTATION:

LIST PRICE: 67,314,283.26
TRANSFER CHARGE (TC): 5,385,142.66

TOTAL SELLING PRICE: 72,699,425.92
RESERVATION FEE: 100,000.00

OPTION 4:  12% Down Payment w/o TC spread over 42 months (TC Before Move-in) — Php 189,945.57/month

OPTION 5: 12% DP w/ TC spread over 42 months — Php 318,163.25/month

88% BALANCE LOANABLE THRU BANK: Php 59,236,569.27

********************************************************************

Payment Option Details:
Option 1. Spot Cash payable within 30 calendar days after reservation. Net of 8% discount and reservation fee. Transfer Charges will be paid before move-in.

Option 1. Payable within 60 calendar days after reservation. Net of 6% discount and reservation fee.

Option 1. Payable within 90 calendar days after reservation. Net of 4% discount and reservation fee.

Option 2. Deferred payable on 42 equal monthly payments. Net of reservation fee. Transfers Charges will be paid before move-in.

Option 3. 12% Equity Payment within 30 calendar days with 5% discount on down payment net of reservation fee. 88% thru bank financing/cash financing. Transfer Charges will be paid before move-in

Option 4. 12% Equity over 42 equal monthly payments. Net of reservation fee. Transfer Charges will be paid before move-in. 88% thru bank financing/cash financing.

Option 5. 12% Equity and Transfer Charges spread over 42 equal monthly payments. Net of reservation fee. 88% thru bank financing/cash financing.


FOR FREE SITE TRIPPING, RESERVATION AND OTHER CONCERN, CONTACT:

DYAN/JONATHAN MARAON
PRC Real Estate Broker License No. 0023648
Filipino Homes Unit Manager

Mobile:
0943 040 5078 (sun)
0916 852 5477 (tm/gobe)

Email:

dyan.maraon@gmail.com

 

www.facebook.com/dyan.maraonph

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