148 Residences - Most Affordable Condominium in Cebu!

           148 Residences
              "Quality and Affordability"


Location: Palaez St. Cebu City (Downtown Cebu)
Developer: Johndorf Ventures, Inc.
Status: for Delivery
Project Type: Economized Condominium

• Walking distance to University of San Carlos, University of Cebu, Cebu Normal University, University of Visayas, etc.
• Walking distance to mall and commercial spaces
•  located within Cebu's historical and busy street.

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A comfortable living here is never this good without the following 
Features and Amenities: 

  •   2 elevators 
  •    CCTV System 
  •    Fire Alarm 
  •    Fire exits 
  •    Indoor Parking Area 
  •    Lobby and Reception Areas 
  •    Provision for garbage disposal 
  •    Sprinkler System 
  •    Standby Generator Set for common areas, elevators and lights for 
        individual units. 
  •    Telephone and TV provision 

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STUDIO TYPE
Floor Area: 20 square meter
Price: Php 1,361,543.00 

PAYMENT SCHEME OPTION:
20% Downpayment: P 277,004.00
Less reservation fee:    20,000.00
Net Dopwnpayment     257,004.00 ( 18 mos. to pay no interest )
Monthly ammortization: PhP 14, 278.00/mo.

Estimated Sample Computation Only:
80% Balance: P 1,089,234.40 ( loanable to Banks )
5 years to pay 08.00% p.a. - 22,084.55/mo.
    Net income required is 66,252.75/mo.
10 years to pay 10.00% p.a. - 14,394.25/mo.
     Net income required is 43,182.75/mo.
15 years to pay 11.25% p.a. - 12,551.70/mo.
    Net income required is 37,655.10/mo.
20 years to pay 11.50% p.a. - 11,615.95/mo.
    Net income required is 34,847.85/mo.
BDO rate but excluded of insurance and misc. fee. 

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