DESIGN FOR GROWTH … BUILT TO LAST… at MONTEFARO

 

Finally, there’s an affordable exclusive community your family can call home. From the Mediterranean style entrance gate, complete with a commuter’s gazebo, to the clubhouse, swimming pool, and covered court, Montefaro delivers what you expect from a subdivision and more.



Montefaro offers the Alexis model unit. With a typical floor area of 60 square meters on a 100 square meter lot, the Alexis offers immediate style and comfort for a small family, and allows for future expansion as your family grows.



Montefaro is located along at Imus, Cavite

The Alexis is perfect for future expansion so a growing family will always have a place to call home..

VILLAGE AMENITIES

* Mediterranean Style Entrance Gate with



Commuter's Gazebo

* Roman Catholic Church

* Clubhouse

* Multi-Purpose Area

* Swimming Pool

* Elevated Water Tank

 

HOUSE UNIT: ALEXIS

Lot Area: 100 sq meter

Floor Area: 60 sq meter

Number of Bedroom:3

Number of toilet and Bath: 2

with balcony



Selling Price: P1,670,000.00

Add Legal Miscellaneous fee : P133,600.00

Total Contract Price : P1,803,600.00

20% Downpayment: P324,000.00

 

Less Reservation fee: P20,000

Net Downpayment: P314,000.00

 

(Net DP payable in 12 mos. W/out Interest)

Monthly DP if Paid in 12 mos...........P26,166.67

80% BALANCE.................................P1,469,600.00





BANK MONTHLY AMORTIZATION

• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements



• Bank’s prevailing interest at point of takeout shall apply





• Indicative interest rate shall be used in computing for monthly amortization



5 yrs @ 10.5%: P32,304.39

Required Net Disposable Income : P107,681.29

10 yrs @ 10.5%: P20,547.00

Required Net Disposable Income : P68,490.00

 

15 yrs @ 10.5% : P16,961.89 Required Net Disposable Income: P56,539.65

20 yrs @ 10.5% : P15,389.14Required Net Disposable Income : P51,297.14

25 yrs @ 10.5% : P14,592.65

Required Net Disposable Income :P48,642.15

 

*Period of House Completion 12 to 15 months



Upon full Payment and Loan take out can move in to the Unit

DISCOUNTS GUIDELINES

(From date of Reservation):

1. DISCOUNT ON FULL PAYMENT OF TOTAL CONTRACT PRICE:

1-7 days..........10.0%

8-30 days.........9.5%

31-60 days.......9.0%

61-90 days.......8.5%

91-120 days.....8.0%

121-150 days...7.5%

151-180 days...7.0%

181-210 days...6.5%

211-240 days...6.0%241-270 days...5.5%

271-300 days...5.0%

301-330 days...4.5%

331-360 days...4.0%



2. DISCOUNT ON FULL PAYMENT OF DOWNPAYMENT:



(Inhouse/Bank Financing Only)

 

1-30 days........7.5%

31-60 days......7.0%

61-90 days......6.56%

91-120 days....6.0%

121-150 days..5.5%

151-180 days..5.0%





3. DEFFERED CASH PAYMENT:

24 mos. zero (0) interest



(Pay in 24 equal installment without Interest)IMPORTANT NOTICE - NO DP DISCOUNT FOR:Ready for Occupancy Units.

Direct Pagibig Financing.

 

Reservation - is Php20,000.00 for ALEXIS Single Detached Model. It is not refundable but is part of the downpayment. Buyer can transfer reservation and payments to another person or unit provided under same agent, developer and same price or price is higher than old unit. All payments made will be duly credited in the new owner/choosen unit. Walang penalty or mawawala sa payment. Just pay Php3,000.00 as transfer fee. Approval may takes 2 weeks.



Monthly Downpayment - your first downpayment will start 30-45 days after you paid your reservation. Hindi po sabay ang pagbabayad ng reservation at first downpayment.

 

Monthly Amortization - the first monthly amortization will start after you have fully paid the downpayment. Hindi po magsasabay ang monthly downpayment at monthly amortization.



HOUSE BUYING SALES PROCEDURE FOR 12 MONTH DOWNPAYMENT:



Month 1 - DAY 1..........Reservation

Day 7-15.....Submission of Requirements

Month 2.....1st Monthly Equity or Downpayment

Month 3......2nd Monthly Equity or Downpayment

Month 4.....3rd - 12th Monthly Equity or Downpayment

Month 14-17....1st Monthly Amortization and House Turnover



Kailan Puede Lumipat - For BANK Financing - 1-3 mos. after full payment of downpayment and Bank loan take-out (bank has paid the developer). IN-HOUSE Financing- 1-3 mos. after full payment of downpayment puede na lumipat. No need for loan take-out. If the 80% balance is thru Pag-ibig Financing, 1-3 mos. after full payment of downpayment/equity. For SPOT CASH BUYERS/FULL PAYMENT of downpayment (OF NOT RFO UNITS), house completion/turnover will still abide by Developer's house completion schedule as shown in the Inventory Sheet.

Ready for Occupancy Units - there are now ready for occupancy units of ALEXIS Single Attached House @ Montefaro Village. Only in limited units. Full payment of downpayment is required before Buyer can transfer. Please take note that turn-over unit has only cement finish flooring in all floors. Buyer will shoulder the cost of tiles intallation. Estimated time to transfer or move-in is 1-4 mos.



House Construction - Starts while Buyer is on downpayment period. By the time Buyer finish paying downpayent, house will be almost finish and ready for turn-over in 1-3 months.



House Improvement - Developer only accepts deletion of tiles in Bathroom & Kitchen countertop. Deletion charge is Php1,000.00. Letter of request must be sent before house construction starts. Approval of request takes 2 weeks. Buyers will be informed. Buyer must get outside contractor to do the improvement of their unit. Buyer can only start installation of tiles/improvement after house is turned-over.

 

REQUIRED DOCUMENTS - IN-HOUSE FINANCING

1.)Valid ID & TIN No.

2.) 3 pcs. ID picture 1x1 (husband & wife & Atty. in Fact)

3.) Residence Certificate (husband & wife Atty in Fact)

4.) Birth Certificate (for Single) or Marrriage Contract (for Married)

5.) Certificate of Employment

6.)Postdated checks: Developer will give a Bank Referral Letter so Buyer can open a checking account. Only Php5,000.00 to open an account.:



A.) 12 pcs. as per Dp/Equity term choosen

B.) 36 pcs. for Monthly Amortization

C.) 1 pc. Guarantee Check

D.) 4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.



E.) TOTAL CHECKS .....53 CHECKs

*Prices are subject to change prior notice

Always ask for price updates when inquiring.. Thank you

FOR INQUIRIES, APPOINTMENT FOR TRIPPING, & RESERVATION

 

Please Contact me,

MARIE O. JASARENO

Real Estate License Broker #20270

ADVENT REALTY

My Mobile Number is 09195010091

My Email Add: info_restate@yahoo.com



(TRUST the License Broker not the SALESMAN without the license to market the Real Estate)