ROYAL OCEANCREST MACTAN, Affordable Resort Condominium

NO HASSLE IN REQUIREMENTS


ALL IN HOUSE FINANCING


X - NO REQUIRED INCOME

X - NO PAG IBIG/BANK

JANUARY 2024 UPDATE: Royal Oceancrest Mactan is a resort condominium in Barangay Sudtunggan, Basak, Lapu-Lapu City, Cebu, and developed by Primary Homes, Inc.  It is composed of 4 mid-rise buildings within the 1.4 hectares property.  Condominium for sale in Cebu. 

Royal OceanCrest Mactan is just:


LOCATION:

LATEST INVENTORY AS OF JANUARY 2024

PROJECT INFORMATION:

THE 4 TOWERS’ TURN OVER SCHEDULE:


Sample Computations (update on JANUARY 2024)

STUDIO (28 SQM) – few units left

FINISHED UNIT

TOTAL CONTRACT PRICE: P2,331,661.25 -ROM1516B - Tower B

OTHER CHARGES: P202,753.15

RESERVATION FEE: P20,000.00


5.5% EQUITY in 12 months to pay:

-Months 1 to 4: P27,060.34/MONTH  

Months 5 to 12: P25,344.14/MONTH


94.5% BALANCE: (P2,203,419.88)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,402,311.64

10 YRS - P30,664.78/MONTH

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BARE UNIT

TOTAL CONTRACT PRICE: P2,001,147.20 (ROM1416C) - Tower C

OTHER CHARGES: P174,012.80

RESERVATION FEE: P20,000.00


5.5% EQUITY in 18 months to pay: -

-Months 1 to 6: P15,010.52/MONTH

- Months 7 to 18: P14,501.07/MONTH


94.5% BALANCE: (P1,891,084.10)


LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,203,533.33

10 years - P26,318.03/MONTH



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FINISHED UNIT

TOTAL CONTRACT PRICE: P3,055,574.10 (ROM0516D) -Tower D

OTHER CHARGES: P265,702.10

DISCOUNT: P50,000.00

RESERVATION FEE: P20,000.00


5.5% EQUITY in 40 months to pay:

- Months 1 to 11: P8,914.23/MONTH

- Months 12 to 40: P9,162.14/MONTH


94.5% BALANCE: (P2,887,517.53)


LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,837,688.54

10 years - P39,955.80/MONTH

1-BEDROOM A (28 SQM) – few units left

TOTAL CONTRACT PRICE: P1,879,877.95 (ROM1010A) - Tower A

OTHER CHARGES: P163,467.65

RESERVATION FEE: P20,000.00



5.5% EQUITY in 6 months to pay:

- Months 1 to 2: P41,696.64/MONTH

- Months 3 to 6: P40,866.91/MONTH


94.5% BALANCE: (P1,776,484.66)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,130,599.37

10 YRS -P24,723.16/MONTH


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TOTAL CONTRACT PRICE: P2,411,136.00 (ROM1706B) - Tower B

OTHER CHARGES: P209,664.00 

RESERVATION FEE: P20,000.00



5.5% EQUITY in 12 months to pay:

-Months 1 to 4: P28,153.12/MONTH

-Months 5 to 12: P26,208.00/MONTH


94.5% BALANCE: (P2,278,523.52)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,450,109.48 

10 years - P31,709.99/MONTH


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TOTAL CONTRACT PRICE: P2,096,827.20 (ROM602C) - Tower C

OTHER CHARGES: P182,332.80 

RESERVATION FEE: P20,000.00



5.5% EQUITY in 18 months to pay:

- Months 1 to 6: P15,887.58/MONTH

- Months 7 to 18: P15,194.40/MONTH


94.5% BALANCE: (P1,981,501.70)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,261,077.35 



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1-BEDROOM B – with BALCONY (30 SQM)few units left


TOTAL CONTRACT PRICE: P2,000,481.12 (ROM1008A) - Tower A

OTHER CHARGES: P173,954.88 

RESERVATION FEE: P20,000.00


5.5% EQUITY in 6 months to pay:

- Months 1 to 2: P45,013.23/MONTH

- Months 3 to 6: P43,488.72/MONTH


94.5% BALANCE: (P1,890,454.66)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,203,132.73

10 YRS - P26,309.27/MONTH


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TOTAL CONTRACT PRICE: P2,503,945.60 (ROM1703B) - Tower B

OTHER CHARGES: P217,734.40

RESERVATION FEE: P20,000.00



5.5% EQUITY in 12 months to pay:

- Months 1 to 4: P29,429.25/MONTH

- Months 5 to 12: P27,216.80/MONTH


94.5% BALANCE: (P2,366,228.59)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,505,927.19

10 YRS - P32,742.51/MONTH



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TOTAL CONTRACT PRICE: P2,863,741.96 (ROM308D) - Tower D

OTHER CHARGES: P249,021.04 

DISCOUNT: P50,000.00

RESERVATION FEE: P20,000.00


5.5% EQUITY in 40 months to pay:

Months 1 to 10: P8,750.58/MONTH

Months 11 to 40: P8,300.70/MONTH


94.5% BALANCE: (P2,706,236.15)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P1,722,316.52

10 years - P37,662.43/MONTH


2-BEDROOM – with BALCONY (60 SQM)


TOTAL CONTRACT PRICE: P4,072,749.84 - Tower A

OTHER CHARGES: P354,152.16 

RESERVATION FEE: P20,000.00


5.5% EQUITY in 6 months to pay:

- Months 1 to 2: P102,000.62/MONTH 

- Months 3 to 6: P88,538.04/MONTH


94.5% BALANCE: (P3,848,748.60)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P2,427,302.72  

10 YRS - P52,473.32/MONTH

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TOTAL CONTRACT PRICE: P5,140,960.00 - Tower B

OTHER CHARGES: P447,040.00 

RESERVATION FEE: P20,000.00


5.5% EQUITY in 12 months to pay:

- Months 1 to 4: P65,688.20/MONT

- Months 5 to 12: P55,880.00/MONTH


94.5% BALANCE: (P4,858,207.20)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P3,035,807.89 

10 YRS -P65,627.95/MONTH

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    TOTAL CONTRACT PRICE: P5,727,957.72 - Tower D

OTHER CHARGES: P498,083.28 

DISCOUNT: P50,000.00

RESERVATION FEE: P20,000.00


5.5% EQUITY in 40 months to pay:

Months 1 to 13: P18,849.05/MONTH 

Months 14 to 40: P18,447.53/MONTH


94.5% BALANCE: (P5,412,920.05)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P3,382,438.15 

10 years - P73,121.39/MONTH


PARKING SLOT (12.50 sqm)

SAMPLE COMPUTATIONS


TOTAL CONTRACT PRICE: P644,000.00 - Tower A 

OTHER CHARGES: P56,000.00 

RESERVATION FEE: P10,000.00


5.5% EQUITY in 6 months to pay:


Months 1 to 2: P12,710.00/MONTH

Months 3 to 6: P14,000.00/MONTH


94.5% BALANCE: (P608,580.00)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P387,315.57 

10 years - P8,469.55/MONTH


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TOTAL CONTRACT PRICE: P644,000.00 - Tower B

OTHER CHARGES: P56,000.00

RESERVATION FEE: P10,000.00


5.5% EQUITY in 12 months to pay


Months 1 to 4: P6,355.00/MONTH

Months 5 to 12: P7,000.00/MONTH


94.5% BALANCE: (P608,580.00)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P387,315.57 

10 years - P8,469.55/MONTH

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TOTAL CONTRACT PRICE: P736,000.00 - Tower D

OTHER CHARGES: P64,000.00

RESERVATION FEE: P10,000.00


5.5% EQUITY in 40 months to pay:

Months 1 to 12: P2,540.00/MONTH

Months 13 to 40: P2,285.71/MONTH


94.5% BALANCE: (P695,520.00)

LOANABLE AMOUNT thru IN-HOUSE FINANCING: P442,646.36 

10 years - P9,679.48/MONTH


ALL UNITS IN TOWERS A & C ARE DELIVERED BARE:

UNIT FEATURES FOR TOWERS B & D (Finished units):

COMMUNITY AMENITIES: 

BUILDING AMENITIES:


SITE DEVELOPMENT PLAN:

FOR INQUIRIES, SITE TOURS AND RESERVATIONS:

IAN / ERMIE GACRAMA

Real Estate Salesperson

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


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