Name of Project: 38 Park Avenue
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:
2 minutes going to Park Centrale
2 minutes going to The Walk
6 minutes going to Gaisano Country Mall
8 minutes going to St. Therese Church
10 minutes going to Waterfront Cebu City Hotel and Casino
13 minutes going to University of Southern Philippines
Transportation Details:
Walking Distance from the building going to National Hi-way
PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
Sample computation:
List Price: Php 5,601,004
Transfer Charges: Php 448,080
Total Contract Price : Php 6,049,084
1.) Reservation Fee: Php 10,000(Deductible from Equity)
2.) 10% Equity/ Downpayment: Php 597,600 payable up to 36 months
Php 16,600/month
3.) 90% Loanable Amount: Php 5,441,484
Estimated Bank Loan Computation
* 20 years @ Php 37,431/month
* 15 years @ Php 44,461/month
* 10 years @ Php 59,054/month
* 5 years @ Php 103,939/month
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