Property ID : gkl.bohol29
For Sale Php 3,713,000 - CondoTel
Do not miss the rare opportunity to expand your business portfolio with a hotel in one of the most promising island of Bohol.
SIBUKAW RESORT RESIDENCES...Your own paradise whenever you want it.
1. A Condominium Certificate Title to a finished and fully furnished unit in the hotel resort
2. FREE 30 nights use in 1 year.
3. Unit Value will double if you buy now as price of unit will double when it is finished.
4. No condo dues, insurance, overhead and other expenses.
5. Sharing of profit wil be paid quarterly.
6. Guaranteed Buy Back.
Name of Condominium: Sibukaw Resort and Residences
Located @ Sitio Sibukaw, Bingag Dauis, Panglao Island Bohol
SAMPLE PRICE AND COMPUTATIONS:
CONDOTEL UNIT PRICE: Php 3,713,000
A. SPOT CASH - 10% DISCOUNT - Php 3,341,700
B. SPOT DP (50%) Discount 10%
1.Total Contract Price (Discounted) - PhP 3,713,000
2. Cash Down payment: Php 1,975,316
3. 50% Balance of TCP in 24 months - Php 1,975,316or 82,304.83 per month
C. Straight 24 Monthly Installment at 0 % interest at Php 171,607 per month
D. 30% Downpayment at 0% interest / 70% Bank Financing
1. Total Contract price: Php 3,713,000
2. Less Reservation fee: 40,000
3. Less 30% Downpayment: php 1,247,568 or Php 50,315.33 per month
4. Bank Financing for 5 years assume rate 8% - Php 59,026
Bank Financing for 10 years assumed rated at 9% - Php 36,876
Bank Financing for 15 years assumed rate at 10% - Php 31,284
OTHER EXPENSES DUE: Php 385,000 (For Enrollment fee or Furnishing or Unit , Closing costs (Docs transfer and other misc per unit based on the actual cost).