Affordable Condominium Unit in Cebu City

Sanremo Oasis Condominium in Cebu: Studio Type
Give you the power to enjoy life
With this inspiration in mind, Sanremo Oasis aspires to give you the power to enjoy life, exactly the way you want to. Citta Di Mare, or the City by the Sea , captures the charms of resort living with its majestic views of Mactan s coast and Cebu s mountains. The development, bisected into 2 sections by the Cebu Coastal Road, will redefine waterfront and seaside resort living in the Visayas.Citta di Mare is a master-planned community spanning approximately 50 hectares at the newly reclaimed South Road Properties of the Cebu City Government.
Il Corso
Il Corso, the 106,148sqm section directly fronting the sea will be developed into a waterfront lifestyle strip that will offer a range of seaside leisure activities. This could be a whitesand beach for the homeowners, watersports facilities, restaurants, wedding pavillion, beach hotels, boutiques, shops, beach park and decks.
The 390,484sqm section on the opposite side of the Coastal Road will be developed into a residential resort town composed of themed residential communities anchored by the Piazza, an Italian-inspired common amenity area.
Amalfi Oasis, the first residential cluster to be developed at Citta di Mare, is inspired by the Italian coastal towns along the Costiera Amalfitana (Amalfi Coast), which is renowned for its scenic beauty, picturesque towns and diversity.
I. Project Description
Brimming with culture and color, the coastal town of Sanremo beguiles people with vibrant energy and passionate pursuits. With this inspiration in mind, Sanremo Oasis aspires to give you the power to enjoy life, exactly the way you want to.
STUDIO TYPE NIT DETAILS:
Floor area: 18.77 sqm
Price Range Php 1,508,800 & above
HOME FEATURES
Balcony
Disposal
Patio/Deck
Waterfront
Wheelchair Access
COMMUNITY FEATURES
Association Fee
Bike Paths
Boating
Clubhouse
Controlled Access
Courtyard
Fitness Center
Playground/Park
Pool
Public Transportation
Spa/Jacuzzi
II. Location
South Road Properties (SRP), Cebu City The South Roads Properties (SRP) is a 300-hectare prime property development project on reclaimed land located a few meters off the cost Cebu s central business district. It is registered with the Philippine Economic Zone Authority (PEZA) as a Special Economic Zone. Its project cost of over 12Bn Yen was funded by the Japan Bank for International Coopreation (JBIC). Counterpart
funding was provided by the City of Cebu which owns the project.
Abutting the SRP is the Cebu Coastal Road, a 12-kilometer, 4-lane highway that costs 18Bn Yen and was also funded by the JBIC.
Features of and Infrastructure at the SRP (from the Cebu City Government) Reclamation and all other civil works were done by Japanese contractors in conformity with internationally accepted engineering standards.
To optimize the use and cost of water, a dual piping system will be installed, a separate pipe for potable water and another one for gray water.
Fiber Optic cables for all telecommunications and broadband requirements will be available.
Security will be greatly enhanced since the project is virtually an island and all approaches will have checkpoints.
Proposed Bus Rapid Transit line
Proposed Ferry Terminal
Buffer zone between SRP and Inayawan area Locators at the SRP
Proposed Court of Appeals Building
304,100sqm SM Prime Holdings development, bought from the Cebu City Government at 3.1Bn
3.1has area leased to Bigfoot
3.02has proposed City Hall Block
5.1193has proposed UP Campus
0.6439has area for utilities
4.7036has area for DPWH
PAYMENT TERMS:
Reservation Fee: PhP 30,000.00
A.) SPOT CASH 8% discount; 90% payable upon reservation;
10% Retention upon turn over of unit
B.) DEFERRED CASH -100% payable in 24 months 0% interest rate
C.) 20-80 IN HOUSE FINANCING 20% down payment.
80% Balance: Payable in 5yrs @ 15% int.; Payable in 7yrs @ 17% int.; Payable in 10yrs @ 19% int.
D.) 20-80 UCPB Bank Financing 10% down payment, 90% balance payable in 5-year term @ 10.25% int.; 7-year term @ 10.25% int.10-year term @ 10.25% int.