Name of Project: 38 Park Avenue Two Bedroom Unit
Location: I.T Park Lahug, Cebu City
DHSUD LTS NO. 033630
IT PARK Cebu is a master-planned integrated community and the preferred address. It is widely recognized as Cebu’s Lifestyle and leisure centers. It is also preferred business address in the region with a live-work-play environment.
38 Park Avenue is the residential component of the soon to be developed breathable space at bustling PEZA accredited IT hub. It is part of the P5 – billion mixed use project with the other two components – office tower and Retail Boulevard.
With 38 Park Avenue, we are introducing a unique residential experience, towering all other developments in IT Park.
Landmarks/Accessibility:
Walking distance to the highway.
2 minutes drive going to Park Centrale.
2 minutes drive going to The Walk.
6 minutes drive going to Gaisano Country Mall.
8 minutes drive going to St. Therese Church.
10 minutes drive going to Waterfront Cebu City Hotel and Casino.
13 minutes drive going to University of Southern Philippines.
Transportation Details:
Public Utility Jeep going to malls, hospitals & schools.
Total Contract Price: Php 18,658,077
1.) Reservation Fee:Php 100,000 (Deductible from Downpayment)
2.) 10% Equity/ Downpayment: Php 1,915,200 payable up to 36 mos Php 53,200/mo.
3.) 90% Loanable Amount: Php 18,135,523
Estimated Bank Loan Computation:
* 20 yrs @ Php 124,752/mo.
* 15 yrs @ Php 148,182/mo.
* 10 yrs @ Php 196,818/mo
* 5 yrs @ Php 346,410/mo.
DHSUD LTS NO. 033630
1.Reservation Fee is NON-refundable and NON-transferable
2.Pricelist is VAT-inclusive where applicable
3.Prices are SUBJECT to change without prior notice,
4.EL Camino Developers Cebu Inc.,
5.ALL Checks should be made payable to EL Camino Developers Cebu Inc
6.Pricelist does not include move-in charges, applicable utility connections and other related charges including, but not limited to electrical, water and telephone/internet connections association dues,
7.Pricelist EXCLUDES any and all financial and incidental charges related to loan releases including, but not limited to fire insurance, mortgage redemption insurance etc.
8.Failure to pay 1st equity within 30 days or as scheduled after reservation shall automically cancel this contract