Summerville 3 Subdivision Affordable, Cheapest House and Lot for Sale Mactan, Lapulapu Cebu

        Hi it's me again, Adz, blogging and sharing you again one of the projects I've visited. I am prioritizing my personal blogs on projects that are affordable to cater to the middle-income earners. It's hard to find cheap options nowadays and they are running out to be honest that's why the best time to acquire one is NOW. As they say, real estate properties are increasing by more than 10% each year.  
       
       Among the projects near Lapulapu, I consider this as the cheapest located in Cordova, Cebu.  Following the success of Summerville 1 and 2, is the Summerville Subdivision at Buagsong Cordova offering two types of homes, the 1-storey type (bungalow version) and the 2-storey type providing better option for buyers that are budget-conscious. Both are available for long-term pag-ibig financing for as low as 2,930/month only. They also offer in-house financing for those who prefer to. This project is in it's pre-selling period so there's a really big possibility that prices will soon be up so the best time to grab the opportunity is TODAY.   Below are the details:

HOUSE FEATURES

• 1 Storey Rowhouse
• Lot Area: 38 Square Meters
• Floor Area: 25 Square Meters
• Bare Unit
• Painted Exterior
• Concrete Roads
• With entrance gate and 24/7 guard 

SAMPLE COMPUTATION
Total Contract Price: P480,000.00
Gross Equity: P80,000.00
Reservation Fee: P5,000.00
Net Equity: P75,000.00 (Payable for 12 months)
Monthly Equity: P6,250.00/mo. for 12 Months
Loanable Value: P400,000.00

Monthly Amortization with Pag-Ibig
30 Years: Php 2,930.00
25 Years: Php 3,083.89
20 Years: Php 3,342.03
15 Years: Php 3,819.15
10 Years: Php 4,849.93
5 Years: Php 8,107.69

 HOUSE FEATURES
2 Storey Rowhouse
Lot Area: 46 square meters
Floor Area: 56 square meters

BUYER’S SAMPLE COMPUTATION
Total Contract Price: P890,000.00
Gross Equity: P106,000.00
Reservation Fee: P5,000.00
Net Equity: P101,000.00 (Payable in 12 months)
Monthly Equity: P8,416.67/mo. for 12 Months

Loanable Amount: P784,000.00

Monthly Amortization with Pag-Ibig
30 Years: P7,327.19
25 Years: P7,708.23
20 Years: P8,355.07
15 Years: P9,547.86
10 Years: P12,124.83
05 Years: P20,269.22

 

      

        I would recommend the Summerville project as apart from affordability, it has an ambiance of peacefulness since there are only a few units in the subdivision. If you prefer to live in a not so crowded place, Summerville in Cordova is an option you can take.

For inquiries/trippings/site tour, contact me call/txt:

Adrian Sanjorjo  

Sales Executive, Flaminia Realty

Globe: 0917-3230467 

Email: adssanjorjo@gmail.com 

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