Own your Victoria Towers condo unit (loft type with balcony) for Php800k less the market value!
Market value of a 43sqm condo unit in Victoria Towers is Php3.5M for units that are ready for occupancy. We are selling it at an Php800,000 discount to allow investors to develop the property according to their taste and sell it at market value!
Option 1: Flexible Term (Rent-to-Own)
Slashed Price: Php3.5M Php2.999M
Discount: Php500,000
Reservation = Php50,000
Downpayment (20%) = Php549,800 (less reservation)
Monthly amortization for 5 years = Php48,499
Monthly amortization for 10 years = Php31,499
Monthly amortization for 15 years = Php27,899
Option 2: Cash Payment
Slashed Price: Php3.5M Php2.699M
Discount: Php800,000
This condo unit is located @ 11th floor, Victoria Towers, Panay Avenue corner Timog Avenue, Quezon City.
From an investor's standpoint, I can personally attest that this development is a good value for your money. The rentals for the same-sized units are as follows: Php20,000-25,000 (bare) and Php25,000-30,000 (fully furnished). And even higher for short term leases, specially for transient expats: fully furnished unit may go for Php2,000/day. At Php27,899 amortization, the unit itself is almost self-liquidating.
The target market are people renting in the Quezon City who are paying Php30,000+ (conservatively, you may all know that other rental units of the same size in Quezon City reaches Php70k+/mo rentals). There are those who want to stay within the area but save on rental costs, Victoria Towers is their haven.