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Archive for February, 2009

How to Buy a Real Estate Property in the Philippines

Monday, February 23rd, 2009

In order to buy property in the Philippines, you must:

* Either be a) a Filipino Citizen, b) a natural-born Filipino Citizen who lost his/her Filipino citizenship through naturalization in another country, c) a Filipino by dual-citizenship, or d) a foreign national married to a Filipino Citizen. For individuals classified under b, c or d, he/she may purchase a parcel of land not exceeding one thousand (1,000) square meters in area and for residential purpose only. A foreign national may purchase a house and lot provided the property is under the name of a company registered in the Philippines, but he/she can purchase a condominium unit under his/her name.
* Have the financial ability to make the payment for the property, whether in full or through financing.
* Be at least 18 years of age and able to do acts with legal effects.
(See also the Document Requirements and The Balikbayan Act)\

STEP 1 - Arrange for an appointmoent

* Download the Prospect’s Appointment Slip (PAS) and write the name of the property you are interested in . Download the Prospect’s Appointment Slip (PDF file, 253kb)
* Set an appointment for a project presentation and site orientation.
* Get the final computation for your payments.

If you live abroad:
If you have a representative in the Philippines, such as a trusted relative or friend, you can obtain a Special Power of Attorney (S.P.A.) from the Philippine Embassy in your country of residence, and designate that person to represent you in purchasing a property.

If you have no representative in the Philippines, you may browse through the website to know about the available properties, call us long distance, or send us an inquiry, and we will reply to your questions the best we can. You can also make an appointment with us the next time you visit the Philippines.

STEP 2 - Make the necessary payments.

You may:
A. Reserve the property
Download the Reservation Application (RA) & Pay the reservation fee in cash or in check or thru money transfer. Some projects may accept credit card payments (Master or Visa Card) The reservation fee is non-refundable.
(Download Reservation Application (RA).

OR -

B. Place the down payment.
Downpayment may be paid in cash, or check or thru money transfer. Corresponding discounts are extended for full downpayments, depending on the number of days from the date of reservation.
Post-dated checks are required for the monthly payments.

- OR -

C. Pay the Toatal COntract Price
Payment may be in cash, check or money transfer. Discounts are also extended on the discretion of the developers.

NOTES:
If living abroad:
your representative here in the Philippines may obtain a Special Power of Attorney (SPA) from the Philippine Embassy in your country of residence and assign him/her to act as your attorney-in-fact.

In the absence of a representative, you may send your payment via wire transfer to our Philippine Bank. Instructions will be given if you choose this option.

STEP 3 - Sign the Contract to Sell.

* The Contract to sell is signed after the full downpayment or the full Total Contract Price. The representative may sign the Contract to Sell. In his/her absence, the copy will be sent abroad and then returned to us. You will be provided a copy.

Chat with us

Wednesday, February 18th, 2009

We have added a new feature on our website where you can see if any of our agents are online to chat with you realtime.

This way, you may be able to get the information you need from the agents right away. You may ask your questions and talk with them if they are online.

We hope you enjoy this new feature :D

Have a great day and godbless!

CHAT WITH US
Tess Camarin JL Timbreza

CIUDAD VERDE, West Fairview, Quezon City Philippines, House and lot for sale

Tuesday, February 17th, 2009

We are pleased to offer you our property in West Fairview, Quezon City…..Ciudad Verde. a place to come home to.

Sta. Emilia Model

CIUDAD VERDE is a multi-starred community fittingly located inside West Fairview, Quezon City ,  a walking distance to FEU HOSPITAL & MEDICAL FOUNDATION, a bare 10 minutes drive to UP, Ateneo, Miriam, New Era, NCBA and other educational institutions of learning.  Likewise, SM, Robinson, Ever Gotesco, Trinoma Mall are within10-20 minutes drive away.

CIUDAD VERDE offers  House & Lot packages that dovetails with the need of the home seeker as the design and construction are guaranteed to satisfy the homeowners discriminating taste.  It also offers Residential Lots and Commercial Lots. CIUDAD VERDE is bounded along REGALADO AVE. , REPUBLIC AVE., OMEGA STREET & LILAC STREET. It’s fronting GOOD SHEPHERD CATHEDRAL & GOOD SHEPHERD CATHEDRAL SCHOOL .400 meters away from FAIRVIEW CENTER MALL,   MC DONALDS,  CHOWKING, JOLIBEE, COMMERCIAL BANKS, FAIRVIEW MARKET, NCBA & COMMERCIAL INSTITUTIONS.

FEATURES & AMENITIES:
. Fully Landscaped Entrance gate W/ guardhouse
. Children’s Playground
. Perimeter wall for security
. Clubhouse
. Tennis Court and Badminton Court
. Basketball Court
. Swimming pool
. Wide concrete road network
. Paved sidewalks w/ concrete curbs & gutters
. Centralized interrelated water system
. Underground drainage system
. MERALCO Electrical Supply and Manila Water Supply

CIUDAD VERDE OFFERS  ELEGANT 2-STOREY AND BUNGALOW
2-STOREY STA ISABEL MODEL W/O BALCONY

  • · Lot Area  120sqm
  • · Floor Area   88.35sqm
  • · 4 Bedrooms
  • · 3 Toilet & Bath
  • · Kitchen
  • · Living Area
  • · Lanai
  • · Dining Area
  • · Laundry Area
  • · Carport Provision

TOTAL CONTRACT PRICE         P4,008,750.00
20% down payment                                 801,750.00
Less: Reservation fee (part of DP)              50,000.00
6 equal monthly down                              125,291.66
80% Balance                                        3,207,000.00

MONTHLY AMORTIZATION THRU BANK
If 10yrs to pay  @ 12% int./annum            46,011.13
IF 15yrs to pay @ 12% int./annum            38,489.38

MONTHLY AMORTIZATION THRU IN-HOUSE FINANCING
If 5yrs @ 14% int./annum                          74,626.89
If 10yrs @ 16% int/annum                          53,200.46

CIUDAD VERDE ALSO OFFERS  RESIDENTIAL & COMMERCIAL LOTS:
PRICE:
COMMERCIAL AREA FROM 250SQM, 450SQM AND UP - P18,000/SQM + 2,000/SQM FOR CORNER LOT
RESIDENTIAL AREA 120SQM, 150SQM AND UP - P15,000/sqm + 1,000/SQM FOR CORNER LOT

TERM:
20% Down payable in 3 monthly DP covered by postdated checks.
80% Bal. payable 5-10yrs thru in-house @ 14% int/annum or 10yrs @ 16% int./annum w/ postdated checks.
80% Bal payable in 10 -15yrs thru bank @ 12% int./annum w/ post dated checks

DISCOUNTS:
Cash Basis:
10% Disc On The Total Price If Paid Within 7days.

Installment Basis:

10% Disc. On DP If Paid Within 7days
7% Disc. On DP If Paid Within 30days
5% Disc. On DP If Paid Within 60dys
No More Disc. On DP If Paid In Excess of 60days

For more photos, your questions and inquiries, you may reach us at the following contact details:
JL Timbreza
Mobile No: +639164121527 / +639173268463
Tel: +(632) 72840194
www.philippinescondominium.com
Email: info@philippinescondominium.com

CHAT WITH US
Tess Camarin JL Timbreza

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