French Style Condominium in Cebu City

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Riviera is a 15-Storey Residential Condominium offering French Style Living in the center of Mabolo area. It is along Pope John Paul St., Mabolo, Cebu City.

Main Points:

1. Riviera offers one-bedroom units for the price of a studio unit.
2. Very good location.
3. Customizable unit finishes.



A Public transport accessibility route to Guadalupe, Cebu City , Mandaue and Lahug. Strategically located in between Ayala Center Cebu and SM City where the center of business and leisure converge. A spectacular design for a Modern French style condominium which amidst the central and busy district of Mabolo, Cebu City. Savor the grandest view of Mountain side, Mandaue City, Mactan Sea, Cebu City and Bohol Sea. Elegant Lifestyle in an affordable price which really fit the budget of average family income. The feel of being in a right, stylish, secure condominium community.





Unlike other condo projects, Riviera is providing its customers with a wide range of fixtures and paint colors to choose from. You need not worry about your space turning into your next door neighbor's clone! You can make your unit, truly your very own, as you can plan out what your space should look like.


On the other hand, if you're not a creative type and prefer to have professional assistance, Riviera can provide you with the best of Romoff interior design assistance.




Top Reasons to invest:


1. Riviera has an IN-HOUSE PROPERTY MANAGEMENT GROUP whose only role is to look for tenants for your unit (should the owner choose to have it rented out) and to manage the same. The developer has been doing this job for a long time for their other buildings. All the unit owner has to do is collect the monthly rental income of the unit.


2. The rate of Return of your Investment is no less than 12% per annum, which no banks or mutual savings investment house can give you. Based on our survey and experience, the rental on that area (1 bedroom furnished) is from 25 K to 28 K per unit per month or approximately 300K to 336K annually. Now, at least you have an idea already of your ROI.


3. It is the first French inspired design Condo Project in Cebu City, and the finishing materials are all imported from France and USA. You can see it from our model unit at the site.





Unit Offerings & Price Range: (ALL UNITS ARE 1 BEDROOM TYPE)
22 to 22.6 sqm: Php 1,733,160 to 1,780,428
23.10 to 24.9 sqm: Php 1,801,800 to 1,961,622
25.20 to 28.60 sqm: Php 1,985,256 to 2,253,108
Sample Computation:

Unit Area: 22.6 sq.m.
Investment Price: 1,780,428
Reservation Fee: 20,000

Option A
10% Downpayment Payable in 24 Mo. to Pay no Interest
7,418.45 per month
10% on the 25th month 178,042.80
80% Bank Finance 1,424,342.40
15 years 16,639.04
10 years 19,219.36
5 years 30,317.48

OPTION B
24% Downpayment 427,302.72 payable 24 months no interest
17,804.28 per month
76% Bank Finance 1,353,125.28
15 years 15,807.09
10 years 18,258.40
5 years 28,418.15

OPTION C
Get a discount as high as 12% for Spot Cash Payments

OPTION D
8-16 DP: 8% DP for 12 mos. / 16% DP for another 18mos./ Bal. of 76% after 30 mos. (THE MOST AFFORDABLE TERM)




PROJECT TIMETABLE:

Ground Breaking March 2012
Start of Construction - June 2012
Completion Date - 2nd Quarter of 2014
Turn-over Date - 3rd Quarter of 2014

For further details, please contact:

Nedita Vinas
Property Advisor
Flaminia Realty

09232436739
Email: neditavinas@gmail.com

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