AVALON
Cebu Business Park, Cebu City
FEATURES OF THE PROPERTY
Avalon, is a 19-storey condominium consisting of 200 units with Modern-Asian architecture. It features first-class amenities to suit those meticulous in taste and will provide utter respite for a fast-paced lifestyle.
The name Avalon was derived from the mythical legend of King Arthur. It was a retirement island reserved for a royalty. And with that saying, this high-end residential address is exclusive for those who deserve a home spelled as luxurious elegance.
But the best thing about Avalon is that it awards the chosen few to rightfully own a residential property remarkably valued as a crown jewel. Being located in one of the most prime location of Cebu City, the overall value of the estate increases through time, so will your investment yield more returns ranging from 10% to 15% per annum.
Location: Cebu Business Park, Luz, Cebu City, Cebu
Avalon is located right in the very heart of Cebu Business Park (CBP)- an integrated development emerging as the prime urban district in the southern part of the Philippines. It is a vast cosmopolitan land composed of 50 hectares boasting of business, leisure, recreation and sports facilities. State-of-the-art buildings are also around the vicinity amongst the refreshing greeneries that have been well-kept over the years.
Since Avalon is within the Cebu Business Park (CBP), there is no question to the unlimited access to landmarks such as schools, shopping centers and hospitals. In a few minutes drive, you can find yourself along the South Road Properties or North Coastal Road. If you want to readily escape to a five-star resort or catch a plane flight bound abroad, getting to Mactan Island would not be much of a hassle. Or if it is much of a relief watching the panoramic vista of the city by night, it would not take an hour to reach the hills. Nevertheless, it is a perfect kickoff from anywhere in the metropolis.
FACILITIES & AMENITIES
Avalon assures its denizens (residents) the peace of mind living in a plush community complete with the following:
Facilities
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Main Lobby & Reception area
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3 High Speed Passenger Elevator units
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1 Heavy Duty Service Elevator Unit
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Closed Circuit Television (CCTV) system
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Top of the line fire alarm and sprinkler system with fire exits
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4 Levels Basement Parking with parking allocation for visitors
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Individual Mailbox for each unit
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Centrally located garbage system per floor
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100% back-up power generation
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Telephone, cable/HDTV and internet ready
Amenities & Services
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Adult and kiddie swimming pools
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Function Rooms
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Fitness Gym & Sauna
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Daycare Center
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Business Center
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Manicured gardens & park jogging trails at the Cebu Business Park
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Perimeter fence
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ISO-Certified Property Management with solid track record
UNIT TYPES
1 Bedroom
Floor Area: 60 sq m
Price: Php 9,150,588.22
Sample Computation
Total Selling Price Php 9,150,588.22
20% Equity/DP: Php 1,830,117.64
Less: Reservation Fee (Non-Refundable & Non-Transferable): Php 100,000.00
Net Equity/DP: Php 1,730,117.64
Equity/DP payable in 6 months: Php 288,352.94
Loanable Amount: Php 7,320,470.58
In House Financing
Year 10 (Balance Payable in 120 months): Php 93,725.98
Year 5 (Balance Payable in 60 months): Php 151,960.93
Bank or Pag-ibig Financing
PLAN 5 (Balance Payable in 60 months) Php 127,652.38
PLAN 10 (Balance Payable in 120 months) Php 77,833.83
PLAN 15 (Balance Payable in 180 months) Php 63,396.18
PLAN 20 (Balance Payable in 240 months) Php 56,809.83
PLAN 25 (Balance Payable in 300 months) Php 53,973.47
PLAN 30 (Balance Payable in 360 months) Php 56,212.07
3 Bedrooms
Floor Area: 123 sq m
Price: Php 16,752,179.30
Sample Computation
Total Selling Price Php 16,752,179.30
20% Equity/ DP Php 3,350,435.86
Less: Reservation Fee (Non-Refundable & Non-Transferable) Php 100,000.00
Net Equity/DP Php 3,250,435.86
Monthly Equity for 6 months Php 541,739.31
Loanable Amount Php 13,401,743.44
In house Financng
Year 10 (Balance Payable in 120 months): Php 171,586.17
Year 5 (Balance Payable in 60 months): Php 278,198.15
Bank or Pag-ibig Financing
PLAN 5 (Balance Payable in 60 months) Php 233,695.97
PLAN 10 (Balance Payable in 120 months) Php 142,492.08
PLAN 15 (Balance Payable in 180 months) Php 116,060.75
PLAN 20 (Balance Payable in 240 months) Php 104,002.98
PLAN 25 (Balance Payable in 300 months) Php 98,810.40
PLAN 30 (Balance Payable in 360 months) Php 102,908.65
PENTHOUSE
Floor Area: 230 sq m
Price: Php 31,717,065.00
Sample Computation
Total Selling Price: Php 31,717,065.00
20% Equity/ DP: Php 6,343,413.00
Less: Reservation Fee (Non-Refundable & Non-Transferable): Php 100,000.00
Net Equity/DP: Php 6,243,413.00
Monthly Equity for 6 months: Php 1,040,568.83
Loanable Amount: Php 25,373,652.00
In House Financing
Year 10 (Balance Payable in 120 months) Php 324,865.77
Year 5 (Balance Payable in 60 months) Php 526,715.28
Bank or Pag-ibig Financing
PLAN 5 (Balance Payable in 60 months) Php 442,458.86
PLAN 10 (Balance Payable in 120 months) Php 269,781.64
PLAN 15 (Balance Payable in 180 months) Php 219,738.95
PLAN 20 (Balance Payable in 240 months) Php 196,909.85
PLAN 25 (Balance Payable in 300 months) Php 187,078.69
PLAN 30 (Balance Payable in 360 months) Php 194,837.96