Vertex Coast - Studio - Tower 1
Lapu-lapu City, Cebu, Region VII (Central Visayas)
Bedroom: 1
Bathroom: 1
Lot Area: 0 sqm
Floor Area: 24 sqm
VERTEX COAST - offers the chance for great returns on an investment that is in a desirable area of a fast-developing island. As a convenient home, retirement condo, or source of rental income & gateway to the growing potential and importance of Mactan, Cebu.
LOCATION: Punta Engaño,Lapu-lapu City, Cebu
ACCESSIBILITY:
-Coast: 3 mins walk
-Market: 5 mins drive
-Cebu Yacht Club: 15 mins drive
-Mactan Doctors Hospital: 16 mins drive
-Airport: 16 mins drive
-Mactan Golf Club: 25 mins drive
-Cebu City: 46 mins drive
Common Areas:
Residential Areas
• Reception Area
• 8 Elevators shared by both towers
• Central Garbage Collection Area (MRF)
• Provision for Garbage Collection on Every Floor
Parking
• Basement 1 & 2
• Podium 1 & 2
TOTAL CONTRACT PRICE (TCP) ₱ 4,571,227.00
included: transfer and miscellaneous fees
EQUITY (10%) ₱ 457,122.70
TERM DISCOUNT (5%) ₱ 22,856.14
RESERVATION FEE ₱ 20,000.00
NET EQUITY ₱ 414,266.57
TERM (MONTHS) 60 60
MONTHLY EQUITY 1st to 12 Months ₱ 4,000.00
MONTHLY EQUITY 13th to 24 Months ₱ 5,000.00
MONTHLY EQUITY 25th to 36 Months ₱ 6,000.00
MONTHLY EQUITY 37th to 48 Months ₱ 7,000.00
MONTHLY EQUITY 49th to 60 Months ₱ 12,522.21
START EQUITY May 8, 2025
END OF EQUITY April 8, 2030
BALANCE (90%) ₱ 4,114,104.30
FINANCING TYPE (BANK)
ESTIMATED MONTHLY AMORTIZATION (GROSS MONTHLY INCOME)
1 YEAR fixed rate per annum (6.50%) ₱355,032.46 (₱887,581.15)
3 YEARS fixed rate per annum (7.00%) ₱127,031.60 (₱317,578.99)
5 YEARS fixed rate per annum (7.88%) ₱83,183.13 (₱207,957.82)
10 YEARS fixed rate per annum (9.50%) ₱53,235.50 (₱133,088.76)
15 YEARS fixed rate per annum (10.50%) ₱45,477.26 (₱113,693.16)
20 YEARS fixed rate per annum (12.00%) ₱45,299.83 (₱113,249.58)
