Sundance| Banawa okay

3 840 796

Overview

Type
Contract Type
Sale
Baths
1
Beds
1
Area
22

Description

Sundance Condo Banawa Cebu City

Sundance Residences is the maiden flagship project of Worldwide Central Properties, closely tied to the Worldwide Group of Companies which counts Worldwide Steel and Worldwide Home Depot under its umbrella of reputable companies and home-grown brands.

Payment Options:

Spot 95% with 8% discount on down, 5% balance upon turnover
Spot 20% with 8% discount on down, 80% balance in 24 months
Spot 20% down with 2.5% discount on down, 20% in 24 months, 60% balance upon turnover
100% deferred in 24 months
20% stretched in 24 months at 0% and 80% balance thru BANK FINANCING OR PAGIBIG
15% deferred in 24 months & additional 5% on the 6th, 12th, 18th and 24th month
80% balance thru bank financing or Pag-ibig
15% stretched in 24 months at 0% and 85% balance thru BANK FINANCING OR PAGIBIG
10% deferred in 24 months & additional 5% on the 6th, 12th, 18th and 24th month
85% balance THRU BANK FINANCING OR PAG-IBIG

Profitable investment:

In Terms of Value Appreciation
WCP shall increase prices by around 15% over the next two years
In Terms of Rental Income Potential
Rental properties within the Guadalupe-Banawa area are occupied by managers, professionals, businessmen, call center supervisors working in the central business districts of Cebu City. Below are present rental rates for homes within the vicinity, and the effective potential return on investment for a Sundance Unit.

Unit Rental Rate Per Month Return on Investment

Studio 12,000 – 15,000 8% – 12%
1 – Bedroom 20,000 – 25,000 10 – 12.5%
2 – Bedroom 30,000 – 32,000 8.5% – 9.1%

1 Bedroom Unit
Floor Area: 29.04sqm
Price: 3,429,282.00
Vat: 411,513.84
Net Price: 3,840,795.84
FO Scheme @ 5% Spot-15% in 17 mos
Price: 3,840,795.84
Reservation: 25,000.00
Spot Downpayment: 177,891.78
Monthly Downpayment @ 35,804.43/month payable in 17 mos.
Transfer of Charges: 217,039.79
Total Contract Price: 4,057,835.63

2 Bedroom Unit
Floor Area: 53.32sqm
Price: 6,088,948.00
Vat: 730,673.76
Net Price: 6,819,621.76
RFO Payment Scheme @ 5% Spot-15% in 17 mos
Total Price: 6,819,621.76
Reservation: 50,000.00
Spot Downpayment: 309,280.14
Monthly Downpayment @ 63,402.38/month payable in 17 mos.
Other Charges: 390,981.09
Contract price: 7,210,602.85


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