Affordable House and Lot Grand Monaco Bellevue 2

Grand Monaco Bellevue 2

Location: Ortigas Ext., Brookside, Cainta, Rizal
Landmark: 5 mins. from Robinsons Cainta/ 20 mins from Ortigas, Center

Grand Monaco Bellevue 2 is one of the newest project in Cainta launched just this December 2014. It is located at Brookside, along Sunset Drive, just 2km from the Ortigas Ave Ext. and  just about 20 to 30 minutes to Ortigas Center depending on traffic. Bellevue 2 is offered after the success of the original Bellevue project also located in Brookside.

Grand Monaco Bellevue 2 is still is preselling phase which allows a term of 24months for 20% DP.  Land development is currently ongoing.

Grand Monaco Bellevue 2 offers Townhouse  units that comes with 3 bedrooms, 1 toilet and bath and 1 carport. Units are constructed using conventional method - Concrete hollow blocks for walls with concrete posts and beams  - and can be turned over either in Semi-complete finish.

Unit Types: 2-Storey 3BR Quality Townhouse Units
Typical Floor Area: 56 sqm.
Typical Lot Area: 50 sqm. (bigger lots available)
Price Range: Php1.9M - Php2.3M

Developer: Grand Monaco Estate Developers Inc.
Land Area: 7,273 sqm
Saleable Units: 85 Townhouse units


PROJECT STATUS:

  • Status as of Jan 2015
  • Land Development Ongoing
  • Project Launched Dec 7, 2014

PROJECT SCHEDULE:

  • Launch Date: Dec 7, 2014
  • First batch of turnover: 1st Q of 2017 (projected)

BUYERS PROMO: Less Php50K on Total Contract Price.

FEATURES AND AMENITIES

House Features:

Typical Floor Area: 56 to 65 sqm.

Min Lot Area: 50 sqm.

Three (3) bedrooms

1 to 2 Toilet and Baths

Living area

Dining area and Kitchen area

Laundry & service area

One (1) carport

Provision for CATV, telephone & air conditioning unit

Comes in Semi-Complete Finish

Amenities

Gazebo/Clubhouse

24 hour CCTV Camera

Walled subdivision with secured gate

Centralized water distribution system (Maynilad)

Centralized power distribution system (Meralco)

Access to Jeepney and Tricycle routes

Payment Terms

Reservation:

Reservation fee PHP 25,000

Validity is 30 days from date of reservation

Reservation fee is non-refundable but is deductible from the Downpayment (DP)

Financing Schemes:

BANK FINANCING

At least 20% DP Payable up to 24 months at 0% interest, balance through bank financing

Actual computation will be provided by bank

Accredited banks include BDO, BPI, PSBank, RCBC, and Security Bank

Interim rate of 14% while waiting for loan take out

DEFFERRED PAYMENT

TCP payable up to 24 months at 0% interest

Discounts:

BUYER'S PROMO: Up to Php50K less on Total Contract

SPOT CASH

7% discount if paid within 7 days

5% discount if paid within 30 days

3% discount if paid within 2 months

Other Charges

Bank Charges: 2% of Loanable Amount to be paid upon bank approval

Transfer Cost: 2% of TCP to be paid if with Letter of Guarantee (LOG)

Processing Fee: Php15,000 to be upon move-in

Move-In Fee: to be paid upon move-in

water

electricity

1 year association dues

1 year real estate tax

Sample Computation

20yrs @ 8%int 0.008364

15Yrs @ 8%int 0.009557

10yrs @ 8%int 0.012133

5yrs @ 8%int  0.020276

Requirements

Buyer will be given enough time to complete the requirements. The usual requirements are as follows:

Proof of Identity

3 pcs 2x2 pictures (buyer and spouse)

Photocopy of 2 Valid Government IDs (buyer and spouse, sign 3 times on the side)

Photocopy of passport (if OFW,include recent entries)

Photocopy of Birth Certificate (if single)

Photocopy of Marriage Certificate (if married)

TIN Number

Proof of Billing (Meralco, Maynilad, or other utilities)

Photocopy of  Community Tax Certificate (Cedula, Buyer and Spouse)

Proof of Income for OFW

Photocopy of Job Contract

Latest 3 months pay slip

3 months proof of remittances or 6 month bank statement

Proof of Income for Locally Employed

Original Certificate of Employment with Compensation

Latest 3 months pay slip

Income Tax Return

6 months bank statement

Others

Post-Dated Checks for the DP

Signed developer docs

SPA form (if needed) - needs to be consularized if buyer or spouse was not in the country

Notes:

Developer or bank may ask for additional requirements not in the list depending on the situation

If it is not possible to complete the requirements within the agreed period, buyer can submit a letter to extend the deadline.