Vera Estates Residential Lot Only

LOT ONLY FOR SALE IN THE HIGHLANDS AT VERA ESTATES – Located in Brgy Tawason, Mandaaue City, Cebu

Total Lot Only for sale: 181 Lots
Lot Cuttings : 211 sq. m. to 461 sq. m. ( 3,586,441.00 – 10,489,668.00)
Basic Lot Price : 16,998/sq. m.
Reservation Fe : 80.000.00

Sample Computation:  for 211sqm.
Price: 3,586,441.00
Reservation Fee: 80,000.00

1. Spotcash total price: 3,327,119.00
2. Straight 24months payable in 24 months no interest no downpayment: 146,102.00
3. Equity 20%: 5% discount Spotcash equity (601,424) payable in 7days after reservation date or payable in 24months @ 26,554.00 per month

Balance: 80% (2,869,153.00) loanable to bank  financing

RESERVATION FEE AND EQUITY DOWNPAYMENT

1. Reservation Fee of the lot is PhP 80,000.00 is non-refundable, non-transferable and is valid for 1 month. The Reservation Fee shall form part of the Equity Downpayment.
2. Equity Downpayment is 20% of the Total Contract Price (TCP).
3. Equity shall be payable without interest for a maximum of SIX (6) months, starting on the next month after payment of the Reservation Fee.
4. Check payments should be made payable to CASTILLE RESOURCES REALTY DEVELOPMENT INC.
5. Payments should be made at CRRDI office.
6. Target date for lot turnover  2015.

GENERAL NOTES

CRRDI has the right not to sell to an individual or corporation when necessary.
CRRDI has the right to change prices and the terms and conditions of payment without prior notice. CRRDI does not give discounts or rebates to buyers who don’t have brokers.
Any type of alteration or deletion in the standard delivery of the various models shall not be allowed prior to house turn-over. Only after house turn-over can the buyer arrange for himself and on his account his desired changes. Any private construction within the subdivision must be covered by permits from the duly appointed government offices.
The use and occupancy of all CRRDI products shall be governed by the Deed of Restrictions