Tuding, Benguet Properties For Sale

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The Perfect spot for personal vacation use and/or rental business. Our condominium project is located walking distance to the iconic tourist spots of Baguio city where Millions of Filipinos visit every year. Located at Outlook drive Baguio city, Nearby are The Mansion, Wright park, Mines view park, Baguio country Club, Teachers camp and Camp john hay. Surrounding the property are numerous pine tree reservations and breath taking million dollar panoramic view of mountains. Initial list of commercial spaces listed: The Coffee project (the Filipino version of Starbucks also owned by senator Manny Villar) mini Super Market Restaurant SpaSample quotationP13,000/monthSTUDIO TYPE (updated April 2019)Floor area: (24 SQM) FULLY FITTED (all fixtures included)unit location: 3rd floor (the higher the floor the more expensive)TURN OVER: 2020 or 2021total selling price: P3,295,936 (if paid spot cash can have 10% discount, all payment for the transfer of the title to the buyer is already included in this price)reservation fee (RF): P25,000 (deductible to the downpayment)40% down payment less RF: P1,293,374 (payable in 31 months, 0% interest, with 7% spot cash on the first month)BREAKDOWN:month........payment0................P25,000 (reservation fee, deductible to the downpayment)1................P205,7162 to 31.......PP36,255/month 60% balance P1,977,562: payable through financing (up to 25 years), this will start after paying the 40% in 31 months NOTE: YOU CANNOT OCCUPY THE UNIT UNTIL THE DOWNPAYMENT IS FULLY PAID. IN CASE THAT THE BUILDING FINISHES BEFORE THE END OF DOWNPAYMENT AMORTIZATION, THE UNIT OWNER HAVE A CHOICE TO PAY IN ADVANCE THE DOWNPAYMENT BALANCE TO OCCUPY THE UNIT.-----------------------------------------------------60% BALANCE (P1,977,562) IS PAYABLE THROUGH FINANCING, THIS WILL START ON FEB 2020:-IN-HOUSE FINANCING-BANK FINANCING-PAG-IBIG FINANCING SAMPLE COMPUTATION THROUGH BANK FINANCINGin 15 years at 6.88% interest rate: P17,642/monthin 10 years at 6.88% interest rate: P22,839/month