Residential Lot Only Vera Estates

Looking for the ideal place to build your dream home? Explore residential lot only options at Vera Estates, a prestigious development nestled in the serene landscapes of Brgy. Tawason, Mandaue City, Cebu. Combining the charm of French-inspired architecture with modern comforts, Vera Estates offers a peaceful retreat while being conveniently close to Metro Cebu’s vibrant commercial district.

LOT ONLY FOR SALE IN THE HIGHLANDS AT VERA ESTATES
Location: Brgy. Tawason, Mandaue City, Cebu

About Vera Estates

Vera Estates is the flagship development of Castille Resources Realty Development Inc., marking its venture into mid-high to high-end residential communities. Located in the serene northern expanse of Metro Cebu, Vera Estates offers a harmonious blend of tranquility and accessibility to vibrant commercial hubs.

The French Highlands – Phase 2

Phase 2, known as The French Highlands, draws its inspiration from the enchanting charm of the French countryside. Its features include:

• Walkways and landscaping reminiscent of French palace gardens
• Aesthetic elements evoking timeless elegance and old-world charm

This idyllic sanctuary seamlessly merges modern sensibilities with cozy functionality, offering residential lots and house-and-lot packages to suit varying preferences.

Property Details

Total Lots Available: 181 Lots
Lot Sizes: 211 sq.m. to 461 sq.m.
Price Range: PHP 3,586,441.00 – PHP 10,489,668.00
Basic Lot Price: PHP 16,998 per sq.m.
Reservation Fee: PHP 80,000.00 (Non-refundable)

Sample Computation for 211 sq.m. Lot

• Total Price: PHP 3,586,441.00
• Reservation Fee: PHP 80,000.00

Payment Options:

1. Spot Cash:
   • Total Price: PHP 3,327,119.00 (5% Discount)
2. 24 Months No-Interest:
   • Monthly Payment: PHP 146,102.00 (No Downpayment)
3. Equity Payment (20% of TCP):
   • Total Equity: PHP 601,424.00 (5% Discount for Spot Cash Equity)
   • Monthly Equity (24 months): PHP 26,554.00
4. Balance:
   • 80% Balance Loanable to Bank Financing: PHP 2,869,153.00

Reservation Fee and Equity Downpayment Terms:

1. Reservation Fee of PHP 80,000.00 is non-refundable, non-transferable, and valid for one (1) month. It will be applied to the Equity Downpayment.
2. Equity Downpayment is 20% of the Total Contract Price (TCP).
3. Equity is payable interest-free for a maximum of six (6) months, starting from the month after the Reservation Fee payment.
4. Payments should be made via checks payable to Castille Resources Realty Development Inc. (CRRDI).
5. Payments are to be settled at the CRRDI office.
6. Target lot turnover: 2015.

Features & Amenities

• Elegant guardhouse with 24-hour CCTV (accessible remotely via smartphone)
• Landscaped and gated entrance
• Underground drainage system, concrete curbs, and gutters
• Landscaped gardens and open areas
• Cemented sidewalks
• Rainwater tanks
• Multi-purpose hall
• 24-hour security
• Perimeter fence
• Telephone and cable TV lines
• Fire hydrants

General Notes:

• CRRDI reserves the right to refuse sales to individuals or corporations if necessary.
• CRRDI may adjust prices and payment terms without prior notice.
• Discounts and rebates are not available to buyers without brokers.
• Alterations or deletions in the standard property delivery are prohibited before the house turnover. Changes can only be arranged post-turnover at the buyer’s expense.
• Private construction within the subdivision requires proper permits from government offices.
• All uses and occupancy of CRRDI products will follow the Deed of Restrictions.

Why Choose Vera Estates?

Vera Estates is more than just a home – it’s a lifestyle inspired by serenity, refinement, and timeless French elegance. With its strategic location and premium amenities, this community offers a haven for discerning homeowners seeking a blend of comfort and sophistication. Reserve your lot today and become part of this exquisite neighborhood!