AJOYA MACTAN HOUSE AND LOT SUBDIVISION FOR SALE
Gabi, Cordova Lapu-lapu, Cebu

Since Cebu City Real Estate Properties is currently saturated with unreachable prices that impossible for an ordinary Filipino average income earner family to purchase it, but besides there's a better to buy at Mactan house and lot in Ajoya subdivision. Now Aboitizland in Cebu have decided to develop elsewhere in Mactan area and found the best place for a quiet residential zone in Cordova, Cebu as still part under Cebu City jurisdiction. It beautifully name as Ajoya Subdivision,  a community at Cordova, Mactan to witness a seamless combination of nature and modernism describing in an environment that is markedly and definitely Filipino. There are several types of houses constructed using high technology method of construction which are ready for your choosing - shophouses, townhouses, duplex, 1 storey single detached and 2-storey single detached (medium and large). Certainly, the best of life flourishes here in this subdivision

The central amenity located along the river is created as a venue for family bonding and relaxation while enjoying the breeze and what nature has to offer. Ajoya features a central amenity area,located along the river,with open type clubhouse,leisure pool and basketball court for fitness and sports activities,a green community area with games,Al fresco picnic area with barbecue stations.
Landscaping throughout for relaxation while enjoying the breeze and what nature has to offer.
Amenities:
* Open-air Clubhouse perfect for gatherings
* Standard-size basketball court with viewing benches
* Community assembly area with provisions for Filipino childhood games (patintero, luksong-tinik, etc.)
* Children s playground
* Al fresco picnic area with barbecue stations
* Recreational pool
* Landscaping all throughout the community
Project Timeline:
* December 2009 : Soft Launch of Lot only
*1st qtr of 2010 : Start of Site Development
*April 2010 : Grand Launch of House and Lot
* May 2010 : Start of Construction (model unit only)
* October 2010 : Model Unit Availability
*July 2011 : Site Development/ Utilities Completion (plus 2 months testing and commissioning)
*August 2011 : Start Of Construction (lot only)
*August 2011 : Move in of Vecinos (H&L)
Planned Site Development Works:
Road Network
*12.5 m - spine road
*8-10 m - other road networks
Facilities
*3 Water Treatment Facilities (WTF)
*2 Elevated Water Tank (EWT)
The site development for Phase 1 will start on 1st quarter 2010 and projected to be finished on 2nd quarter of 2011

Reservation Fee
Ph 25,000 (non refundable and partly of the price )
Financing Scheme
In-House Financing
Lot Only
10% Downpayment payable in 4 to 6 months; 90% balance
House and Lot
20% Downpayment payable up to 12 months; 80% balance
Interest Rates :
5 years @ 14% interest per annum
7 years @ 16% interest per annum
10 years @ 18% interest per annum
Bank Financing
20% Downpayment payable in 12 months; 
80% Balance upon Loan Take-out

Discounts
Spot Cash
5% of DAS if paid within 7 days
3% of DAS if paid within 15 days

Full Downpayment
5% of DP if paid within 7 days
3% of DP if paid within 15 day

MUHEN MODEL- Two Storey Single Detached

MUHEN MODEL- Two Storey Single Detached
4bedroom, 2 T&B, Carport
Floor area: 64sq.m.
Lot area: 128sq.m.
Price: 3,079,316.00 ( finished unit ) 
Price: 2,373,757.00 ( bare unit ) 

SAMPLE COMPUTATION FOR FINISHED UNITS ONLY:
TOTAL PRICE: PHp 3,079,316.00
1)  Spot Cash = PHp 2,500,350.00 ( Net 5% discount )

20% DOWNPAYMENT: PHp 615,863.00
2) Spot 20% Downpayment: 560,070 (Net of 5% discount)
     80%  Balance: 2,463,452.00 (loanable to Bank/In-house)
     * Bank Fin. for 10 years to pay - 33,934.05/mo.

     * In-house Financing for 10 years to pay: 38,249.00/mo.

3) 20% Downpayment Spread Over 12 Months: 
    PHp 49,239 per month
    80%  Balance: 2,463,452.00 (loanable to Bank/In-house)
       * Bank Fin. for 10 years to pay - 33,934.05/mo.

       * In-house Financing for 10 years to pay: 38,249.00/mo.

4) 20% Downpayment Spread Over 18 Months:
     PHp 32,826/mo. 
     80%  Balance: 2,463,452.00 (loanable to Bank/In-house)
       * Bank Fin. for 10 years to pay - 33,934.05/mo.

       * In-house Financing for 10 years to pay: 38,249.00/mo