RIO DE ORO RESIDENTIAL ESTATES                                                                                                                                     BRGY. BUENAVISTA 1, GEN. TRIAS, CAVITE

DEVELOPER: STA. LUCIA REALTY & DEVELOPMENT, INC.

Nestled within a prime residential development area along Gen. Trias Provincial road, Rio De Oro is only 3 Km. from Governor’s Drive, and minutes to commercial centers, fast food centers, and other important establishments.

Rio De Oro builds on the natural advantages of its location. Lush trees grow on river banks at front and back of the property, creating the community’s cool ambience.

FEATURES AND AMENITIES:

·         Entry statement along national road

·         Entrance gate and guardhouse

·         Clubhouse

·         Basketball court

·         Tennis / badminton court

·         Swimming pool

·         Children’s playground

·         Landscaped open spaces

·         Concrete road network

·         Concrete sidewalks, curbs and gutters

·         Meralco electrical power

·         Centralized water system

·         Underground drainage system

TERMS:

ALTERNATIVE 1 ( 15% DOWNPAYMENT – 6 MONTHS TO PAY ) 85% BALANCE 5 OR 10 YRS. TO PAY @ 14% INTEREST P.A

ALTERNATIVE 2 ( 20% DOWNPAYMENT  - 3 MONTHS TO PAY ) 80% BAL. 5 0R 10 YRS. TO PAY @ FIRST YR. NO INTEREST

ALTERNATIVE  3 ( 20% OUTRIGHT DOWNPAYMENT  ) 80% BALANCE  PAYABLE IN 2 YRS. TO PAY ZERO INTEREST

SAMPLE  COMPUTATIONS : RESIDENTIAL LOT ONLY 120 SQM. AND ABOVE

	INNER  LOT	INNER  LOT
LOT AREA	120 sqm.	150 sqm.
PRICE/SQM.	P 3,000	P 3,000
TOTAL CONTRACT PRICE	P 360,000	P 450,000
ALTERNATIVE 1 ( 15 % DOWNPAYMENT )
OPTION 1
15% DOWNPAYMENT	P 54,000	P 67,500
LESS RESERVATION FEE	P 5,000	P 5,000
10% DISCOUNT WITH IN 7 DAYS	P 5,400	P 6,750
NET DOWNPAYMENT	P 43,600	P 55,750
OPTION 2
15% DOWNPAYMENT PAYABLE IN 6 MONTHS	P 54,000	P 67,500
LESS RESERVATION	P 5,000	P 5,000
NET DOWNPAYMENT	P 49,000	P 62,500
MONTHLY FOR 6 MONTHS	P 8,166.70	P 10,416.66
85% BALANCE	P 306,000	P 382,500
MONTHLY AMORTIZATION
SCHEME A.
5 YEARS TO PAY @ 14% INTEREST P.A	P 7,120.62	P 8,900.80
SCHEME B.
10 YEARS TO PAY @ 14% INTEREST P.A	P 4,752.18	P 5,940.22
NOTE: DOWNPAYMENT 6 MOS. INSTALLMENTS COVERED BY POSTDATED CHECKS
ALTERNATIVE 2 ( 20% DOWNPAYMENT )
OPTION 1
20% DOWNPAYMENT	P 72,000	P 90,000
LESS RESERVATION FEE	P 5,000	P 5,000
10% DISCOUNT WITH IN 7 DAYS	P 7,200	P 9,000
NET DOWNPAYMENT	P 59,800	P 76,000
OPTION 2
20% DOWNPAYMENT PAYABLE IN 3 MONTHS	P 72,000	P 90,000
LESS RESERVATION	P 5,000	P 5,000
NET DOWNPAYMENT	P 67,000	P 85,000
MONTHLY FOR 3 MONTHS	P 22,333.33	P 28,333.33
80% BALANCE	P 288,000	P 360,000
MONTHLY AMORTIZATION
SCHEME A.