The Reef Hotel Residences – 1 Bedroom

Name of Project: The Reef Hotel Residences-1 Bedroom
Location: Mactan, Lapu-lapu City

Landmarks/Accessibility:
-6 minutes going to Angasil Port, Lapu-Lapu City
-6 minutes going to Mactan Shrine
-8 minutes going to Paradise Gobies Divers
-9 minutes going Maribago Grill & Restaurant

Transportation Details:
-Motorcycle and Tricycle from the condominium going to National Hi-way
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools

PROPERTY DETAILS/FEATURES

• Floor Area : 76sqm
• 1 Bedroom
• 1 Toilet And Bath
• Living Area
• Dining Area
• Kitchen Area
• Service Area
• Units Include Built-in Split Type Aircon
• All Units With Full Kitchen Cabinets, Wardrobe Cabinets, Cook Top And Hood
• Glass Walls Facing The Sea With Glass Balcony Railings

Payment Financing Scheme/Computation

SAMPLE COMPUTATION:
Unit Price : Php 13,660,714
Add Vat Charges : Php 1,639,285
Total Contract Price(TCP) : Php 15,300,000

1. Reservation Fee(RF) : Php 50,000.00 (deductible from the downpayment)
2. 20% Equity/Downpayment : Php 3,010,000 payable up to 12 months
: Php 250,833/month in 12 months
3. 80% Loanable Amount : Php 12,240,000

Estimated Bank Loan Computation
* 20 years @ Php 84,197/month
* 15 years @ Php 100,011/month
* 10 years @ Php 132,836/month
* 5 years @ Php 233,798/month AMENITIES

• 24-hour Security
• Ample Parking Spaces For All Units
• 24-hour Standby Full Generator
• Large Infinity Pool Facing The Sea
• Function Hall For Parties
• Gym

Other Info

All Prices are subject to change without prior notice
The developer reserves the right to correct any figure herein anytime
Units with * sign is either a corner unit or an end unit
*Floor area is inclusive of the regular balcony