AVIDA TOWERS RIALA, Pre-Selling Condominium Cebu IT Park

SEPTEMBER 2023 UPDATE:  AVIDA TOWERS RIALA – TOWER 5, the latest and last tower offering, so GRAB your unit NOW while we still have some inventories left!


Avida Towers Riala – Live without compromise!

More than work-life balance, we believe that quality of life is determined by the dynamic integration of passion, leisure, and lifestyle. This dynamic is exactly what merges metro and eco-living together, with no compromise made. This is the new living standard we aspire for.

Avida Towers Riala, Avida’s newest development in Cebu. Offer wide greens and open spaces that welcome you to a place unlike any other- a place where nature resides in the middle of the city.

Landmarks:

Cebu Country Club – 300 meters

University of San Carlos – 3 km

Cebu Business Park – 5.3 km


Building Features:

Main lobby for each building (min of 30 sqm)

Three (3) Elevator units (min. of 15-pax capacity each)

Admin room – applicable in the First tower only (min of 20 sqm)

Utility room (min of 15 sqm)

Emergency power

100% on safety; 50% on common areas

1 power outlet, 1 ref outlet, & 1 lighting unit for Studio and 1-BR units

1 power outlet, 1 ref outlet, & 2 lighting units for 2-BR unit

Garbage Chute

Fire protection/ fire alarm system

Mailbox per unit located at the lobby

Units are electricity, telephone, cable television & internet ready

Transformer Vault & Genset Room to be located at the ground floor level


THE 1-HECTARE AMENITY AREA: 

Adult and Kiddie Swimming Pool

Multipurpose Hall

Shooting Court

Children’s Play Area

Grand Lawn,

Private Garden and Meditation Areas

Outdoor Fitness Areas


Payment Options:

Studio Unit, 1 Bedroom Unit & 2 Bedroom Unit

10% spot, 10% over 54 mos., 80% lumpsum, (w/ 4% disc. on TSP);

20% over 48 mos., 80% lumpsum (w/ 1% discount on TSP);

 *If with 10% spot DP, documents and 1st DP must be submitted on or before x.

*If NO SPOT DP, documents and 1st DP must be submitted 20 days from Reservation date.

INVENTORY as of SEPTEMBER 2023:

Sample Computations (updated on SEPTEMBER, 2023):

STUDIO UNIT (22.80 SQM)- w/ 635K DISCOUNT



SELLING PRICE: P4,736,000.00 (T4 - unit 210)

15% DISCOUNT ON TSP: P634,285.71

DISCOUNTED TCP: P4,293,200.01 (inclusive of VAT & other charges) 

RESERVATION FEE: P20,000.00


10% SPOT DOWNPAYMENT & other CHARGES to MOVE-IN: P409,320.00

10% EQUITY in 36 months to pay w/ 0% interest: P11,925.55/MONTH


80% BALANCE THRU SPOT CASH OR BANK on the 37th month

20 yrs - P24,606.25/month

15 yrs - P28,982.77/month

10 yrs - P38,130.66/month

5 yrs - P66,399.67/month


– or 100% SPOT CASH w/ 845K Discount –


20% DISCOUNT ON TSP: P845,714.29210) Ors.com/

SELLING PRICE: P4,736,000.00 (T4 - unit 210)

DISCOUNTED TCP: P3,991,771.43 (inclusive of VAT & charges) RESERVATION FEE: P20,000.00


– or NO SPOT DP w/ 225K Discount but can Move-in on the 6th month –


SELLING PRICE: P4,736,000.00 (T4 - unit 210)

5% DISCOUNT ON TSP: P211,428.57


DISCOUNTED TCP: P4,796,400.00 (inclusive of VAT & other charges) 

RESERVATION FEE: P20,000.00

20% EQUITY in 36 months to pay w/ 0% interest: P26,091.11/MONTH 


80% BALANCE THRU SPOT CASH OR BANK on the 37th month (P3,837,120.00) 


20 yrs - P27,490.32/month

15 yrs - P32,379.80/month

10 yrs - P42,599.90/month

5 yrs - P74,182.28/month

1-BEDROOM (40.69 SQM) – w/ 1.1M Discount

SAMPLE COMPUTATIONS

SELLING PRICE: P8,107,000.00 (T4 unit 1704)

15% DISCOUNT ON TSP: P1,085,758.93

DISCOUNTED TCP: P7,348,634.38 (inclusive of VAT & other charges) 

RESERVATION FEE: P20,000.00


10% SPOT DOWNPAYMENT & other

to MOVE-IN: P714,863.44

10% EQUITY in 36 months to pay w/ 0% interest: P20,412.88/MONTH


80% BALANCE THRU SPOT CASH OR BANK on the 37th month

20 yrs - P42,118.32/month

15 yrs - P49,609.56/month

10 yrs - P65,267.93/month

5 yrs - P113,655.75/month


– or 100% SPOT CASH w/ 1.5M Discount –

SELLING PRICE: P8,107,000.00 (T4 - unit 20% DISCOUNT ON TSP: P1,447,678.57210) 

DISCOUNTED TCP: P6,833,042.86 (inclusive of VAT & charges) 

RESERVATION FEE: P20,000.00 

– or NO SPOT DP w/ 361K Discount but can Move-in on the 6th month –


SELLING PRICE: P8,107,000.00 (T4 unit 1704)

5% DISCOUNT ON TSP: P361,919.64


DISCOUNTED TCP: P8,210,003.14 (inclusive of VAT & other charges)

RESERVATION FEE: P20,000.00

20% EQUITY in 36 months to pay w/ 0% interest: P45,055.57/MONTH 


80% BALANCE THRU SPOT CASH OR BANK on the 37th month (P6,568,002.51)

20 yrs - P47,055.21/month

15 yrs - P55,424.54/month 

10 yrs - P72,918.29/month 

5 yrs - P126,977.89/month



2-BEDROOM (57.10 SQM) –  w/ 1.5M DISCOUNT


SAMPLE COMPUTATIONS 


SELLING PRICE: P11,724,000.00 (T4 unit 2706)

15% DISCOUNT ON TSP: P1,570,178.57

DISCOUNTED TCP: P10,631,237.50 (inclusive of VAT & other charges) 

RESERVATION FEE: P20,000.00


10% SPOT DOWNPAYMENT & other

to MOVE-IN: P1,043,123.75


10% EQUITY in 48 months to pay w/ 0% interest: P22,148.41/MONTH 


80% BALANCE THRU SPOT CASH OR BANK on the 49th month


20 yrs - P60,932.39/month

15 yrs - P71,769.94/month

10 yrs P94,422.83/month

5 yrs - P164,425.28/month


– or 100% SPOT CASH w/ 2.1M Discount –

SELLING PRICE: P11,724,000.00 (T4 - unit 21

20% DISCOUNT ON TSP: P2,093,571.43

DISCOUNTED TCP: P9,881,657.14 (inclusive of VAT & charges)

RESERVATION FEE: P20,000.00


– or NO SPOT DP w/ 515K Discount but can Move-in on the 6th month –


SELLING PRICE: P11,724,000.00 (T4 unit 2706) 

5% DISCOUNT ON TSP: P523,392.86

DISCOUNTED TCP: P11,876,912.49 (inclusive of VAT % interest other charges)


RESERVATION FEE: P20,000.00

20% EQUITY in 48 months to pay w/ 0% interest: P49,070.47/MONTH 


80% BALANCE THRU SPOT CASH OR BANK on the 49th month (P9,501,529.99)

20 yrs - P68,071.91/month

15 yrs - P80,179.31/month 

10 yrs - P105,486.46/month 

5 yrs - P183,691.19/month




PARKING (12.50 SQM)

– Rent to Own Payment  –

TOTAL CONTRACT PRICE: P1,426,100.00 (T4 - unit 1704)

RESERVATION FEE: P20,000.00

10% SPOT DOWNPAYMENT AND OTHER CHARGES TO MOVE-IN : P122,610.00

10% EQUITY in 36 months to pay w/ 0% INTEREST:  P3,961.39/MONTH


80% BALANCE THRU SPOT CAS OR BANK on the 37th month

20 yrs - P8,173.62/month

15 yrs - P9,627.39/month

10 yrs P12,666.11/month

5 yrs - P22,056.41/month


Payment Options:



FOR INQUIRIES, SITE TOURS AND RESERVATIONS:

PLEASE CALL

IAN / ERMIE GACRAMA

Real Estate Salesperson

Under PRC License No. 20331, valid until Dec. 31, 2024


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