2 Storey House Magnolia – Adelaida Park Residences

  • House
  • 90 sqm
  • 109.94 sqm
  • 3
  • 2
For sale 2,908,500

2 Storey House in Adelaida Park Residences is a Single Detached House. It is located at Upper Balulang, just beside Xavier Estates, Cagayan de Oro City. This is the only residential subdivision with a ridgeview linear park.

The location is only 3 kilometers away from the major commercial establishments, schools and churches.

FEATURES:
Ground Floor
Living
Dining
Kitchen
Bedroom 1
Toilet & bath

2nd Floor
Bedroom 2
Bedroom 3
Common Toilet & Bath

Floor Area:
Walled Area: 81.68
Open Area/Terrace: 4.26sqm
Carport: 24sqm
Total Floor Area: 109.94sqm
Lot Area: 90sqm

Total Contract Price: 2,908,500

BANK FINANCING (25% (₱692,500) Equity/Downpayment
75% Bank Financing)
Reservation fee: ₱50,000
Downpayment: ₱21,417 for 1st -30th month
Miscellaneous Fee: Month 31st month-66th month @ ₱4,600
loanable amount which is ₱2,077,500
Estimated Monthly Amortization:
15 yrs @ 8.5% interest rate for ₱20,457.96 monthly
20 yrs @ 8.5% interest rate for ₱18,029.03

Frequently Asked Questions :
1.Estimated date of completion of the subdivision project : last quarter of 2017
2. Discount for spot cash: 2.5% of the whole amount
3. Minimum downpayment to avail of a discount: outright 30% or 50% downpayment less 2.5 % discount
3. When will my house be constructed if my financing is through bank or pag-ibig? Upon 10% payment of the equity. For spot cash and 30% / 50% downpayment construction starts immediately.
4. How many months will it take to finish the house? 4-6 months
5. Required Income : combined income P57,348
6. When will I apply for a bank loan or pag-ibig loan? 3 months before full downpayment
7. When can I make renovations? After loan takeout or full payment
8. Who will process our loan application? Your servicing broker free of charge
9. Which gate of Xavier Estates can we pass through? Xavier Estates Phase 5 gate passing through Ventura Lane to Adelaida entrance.
10. How much would be the rental rate if ever? P25,000 – P30,000
11. Monthly dues : more or less P200 a month

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Property Features

  • Residential subdivision with a ridgeview linear park
  • Single House
  • Gate Community
  • Own parking space
  • Wide main roads
  • Elevation of 157 feet above river bank
  • 10 minutes drive to major commercial centers( SM Mall, Xavier University (grade school and high school) churches
  • 90 sqm lot
  • 3 bedrooms & 2 bathrooms

Property Location

Broker

Junelsa Philippe

Junelsa Philippe

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