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Listing ID: 112362

Recto Avenue Manila
Php1,617,000
14.10
FOR SALE: Apartment / Condo / Townhouse - Manila Metropolitan Area > Manila

Space U-belt with 3beds
Space U-belt with 3beds Space U-belt with 3 beds pic 2 Space U-belt with 3 beds pic 1 Space U-belt Kitchen Space U-belt building Space U-belt Condormitel
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PROPERTY DESCRIPTION:

CONDO + DORM + HOTEL = Investment + Habambuhay na Hanapbuhay Para sa mga OFW

Pre-selling stage

Looking for a worry-free and lifetime rental rental business for you and for your family back home? Now is your best time to invest in SPACE U-BELT, a 40-storey CONDORMITEL project by Major Homes Inc., a condominium that will operate as a dormitory and a hotel with MALL & CINEMA strategically located beside Far Eastern University and across University of the East along Recto Avenue in the University Belt. With more than 365,000 students within the area and its strategic location, SPACE U-BELT truly offers you a never-ending rental business with students as target market for bedspace rental. We never run out of students instead their population just grows up every year. Just own a unit and we do everything for you. Sit back...relax...and earn even while you sleep. We offer a lifetime ownership with a title, delivery is on December 2016.

To know more about SPACE, please click this video link:http://youtu.be/XAHDGSiiWbY

To know more about our company profile, check out these video links:

http://youtu.be/nZlR0Cp9dfo

http://youtu.be/tK8kCpKEPXs

All units are fully-furnished with 3 bedspaces. Per bedspace will be rented at Php5,000 (minimal rate) with the following monthly rental income:

15.59sqm; fully furnished; 3 bedspaces =Php15,000 monthly rental income

LESS:
Monthly Association Dues =Php75 per sqm =more or less Php1,169.25
Asset Management Dues =Php55 per sqm =more or less Php857.45

NETT MONTHLY RENTAL INCOME: Php12,973.30 nett of expenses
(Utility bills like water, meralco and cable will be equally paid by the renters and not by the unit owners, this is seperate from the rental fee per bedspace.)

Dormitel units will be managed by our Asset Management Group who will be responsible from units' daily housekeeping, unit maintenance and security to outsourcing of renters to rent in bedspaces, execution of rental contracts and collection of rental fees. So wether you are based abroad or living in the country, you don't need to worry about your rental business since everything will be taken cared of by the Asset Management Group. You will just wait for your monthly rental income to be deposited in your local bank account on a monthly basis.

PENTHOUSE UNITS ARE AVAILABLE

SAMPLE COMPUTATION

14.10sqm
3 bedspaces
fully furnished

Total Unit Price: Php1,617,000
Reservation Fee: Php25,000-pay immediately

5% Spot Downpayment payable 30 days after the Reservation Fee Date

=Php80,850 less Php25,000 RF
=Php55,850 -payable 30 days after you paid the Reservation Fee of Php25,000

30% Downpayment payable in 30 Months at 0% Interest

=Php485,100
=Php16,170 per month, payment starts 30 days after the 5% Spot DP payment

65% Balance payable upon Unit Turn Over

=Php1,051,050 -payable via cash or bank/in house or pafg ibig financing

Bank Financing (8% Interest)

5 years -Php21,645.00 per month
10 years -Php12,952.00 per month
15 years -Php10,202.00 per month

NOTE: Upon unit turn over, unit will be rented automatically thru the management of the Asset Management Group. Thus, when your balance has to be loaned thru bank or pag-ibig, your unit has already its own monthly rental income to pay for your monthly loan due. With this, your unit becomes self-liquidating.

15.59sqm
3 bedspaces
Fully firnished
Total Unit Price: Php1,739,000
Reservation Fee: Php25,000 -pay immediately

5% Spot Downpayment
=Php86,950 less Php25,000 RF
=Php61,950 -payable 30 days after the reservation payment

30% Downpayment payable in 30 Months
=Php434,750
=Php17,390 per month for 30 months, first payment starts 30 days after the 5% Spot DP

65% Balance payable upon Unit Turn Over
=Php1,130,350-payable via cash or bank/in house or pag ibig financing

Bank Financing (8% Interest)
5 years -Php22,369.00 per month
10 years -Php13,385.00 per month
15 years -Php10,543.00 per month

19.84sqm
Corner Unit; Facing Manila Bay
4 beds; fully-furnished

Total Unit Price: Php2,286,000
Reservation Fee: Php25,000 -due immediately

5% Spot DP

=Php114,300 less Php25,000
=Php89,300 -due 30 days after the Reservation Payment

30% DP payable in 30 Months

=Php685,800 
=Php22,860 payable for 30 months, first payment starts 30 days after the 5% Spot DP

65% Balance payable upon Unit Turn Over via Cash or Bank or Pag Ibig Financing

=Php1,485,900

24.44sqm
Corner Unit; facing Manila Bay
24.44sqm
4bedspaces; fully furnished
(Provision for Additional Bedspace)

STANDARD PAYMENT

Total Unit Price: Php2,705,000
Reservation Fee: Php25,000 -due immediately

5% SPOT DP

=Php135,250 less Php25,000 Reservation Fee
=Php110,250 -due 30 days after the Reservation Payment

30% DP in 30 Months

=Php811,500
=Php27,050 per month for 30 months, due 30 days after the Spot 5% DP

65% Balance payable upon Unit Turn Over via cash or bank or pag ibig financing

=Php1,758,250

NOTE: Upon unit turn over, unit will be rented automatically thru the management of the Asset Management Group. Thus, when your balance has to be loaned thru bank or pag-ibig, your unit has already its own monthly rental income to pay for your monthly loan due. With this, your unit becomes self-liquidating.

 

Take note: Price and payment terms as of May 2015. All prices is coming from the developer, I do not additional charges.

I'd like to help you in your search for your dremhome and investment.

Call/text me if interested.

MARICEL EVANGELISTA
Licensed Real Estate Broker

HLURB Registered Broker
REBL No.: 17198
Contact no: +63 923 471 6050– Viber/Sun
                   +63 906 2691415 - Globe
                   +63 921 770 8051- Smart

 

bestmanilahomes@gmail.com

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LISTED BY:
BESTMANILA HOMES
MARICEL EVANGELISTA

REBL No: 17198
Provides sales and leasing services for Residential properties from top developers in Manila.

CONTACT INFORMATION:
Address: MANILA
Email: Send An Email
Mobile: 09217708051
Landline: 09062691415
Webpage:
WE HANDLE PROPERTIES IN THESE LOCATIONS:
Laguna
Laguna > Other areas
Manila Metropolitan Area
Manila Metropolitan Area > Other areas
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Palawan > Puerto Princesa City
 
 
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