Arterra Bayfront Residences – 2 Bedroom With Balcony

Name of Project: Arterra Bayfront Residences- 2 Bedroom With Balcony
Location: Punta Engaño Lapulapu City

The Queen City of the South Cebu.
A major thriving with life at the forefront of economic growth. With a beautiful coastline boosting our tourism industry, it is home to quite a number of local and multinational companies and a bustling shipping port. Cebu stands out from the rest of the Visayas islands with its cosmopolitan energy and strong tourist attractions, proving to be another place of good investment other than Metro Manila. Because of its strong commercial and tourism industry, the returns are sure to be vastly rewarding.

Own A Piece of Paradise
Be as one with nature, and at peace with yourself. Arterra gives you not only a private life with a panoramic view of the sea, but also stands as a wise investment.
Acquiring a unit gives you a choice to either reside in it for personal use, or have the option to have it rented out by visitors or tourists in the city.
All condotel units are studio cuts, situated on the 3rd to 5th floor, while residential units occupy 6th to 20th floor. With Sta. Lucia’s years of expertise in developing and growing properties, it is good to know that there are also other successful operational condotels in Mactan, Cebu under their management.
Arterra Bayfront Residences is perched at the very edge of the famed diving destination on Mactan Island, granting you a truly panoramic view of the ocean. Apart from the breathtaking sight, the location is as brilliantly strategic – Arterra is located on the tip of Punta Engaño, the same strip where the most popular 5-star hotels stand and the international airport only a 20-minute drive away. This latest development is a celebration of a life lived in harmony with nature.

Landmarks/Accessibility
5 minutes drive going to Punta Engaño Elementary and Highschool
25 minutes drive going to Mactan Doctors Hospital
30 minutes drive going to Mactan Cebu International Airport
33 minutes drive going to Lapu-lapu City District Hospital

Transportation Details:
PUJ (Public Utility Jeep) going to schools, malls and hospitals

PROPERTY DETAILS/FEATURES

• Floor Area: 55.87 Sqm
• 2 Bedrooms
• 1 Toilet And Bath
• Utility Room
• Living Area
• Dining Area
• Kitchen Area
• Service Area
• Balcony

Payment Financing Scheme/Computation

Sample Computation
1. Total Contract Price : Php 8,672,412
2. Resercation Fee : Php 50,000 (deductible to downpayment)
3. 20% Equity/Downpayment :Php 1,684,482 payable up to 12 months
:Php 140,373/month
4. 80% Loanable Amount : Php 6,937,930

Estimated Bank Loan Computation
* 20 years @ Php 47,725/month
* 15 years @ Php 56,689/month
* 10 years @ Php 75,295/month
* 5 years @ Php 132,523/month

AMENITIES

• Basketball Court Convertible Into Badminton Court
• Fitness Gym
• Billiard & Game Room
• Health Spa
• Business Center
• Function Rooms
• Coffee Shop & Restaurant
• Swimming Pool & Children’s Pool
• Jacuzzi
• Pool Bar & Pro Shop