Mivela – Garden Reisdences Studio Unit

MODERN STUDIO UNIT FOR SALE AT MIVELA GARDEN RESIDENCES

Modern Garden Living | Prime Banilad Location | 20 SQM Studio | Flexible Payment Options

Looking for a modern, practical, and strategically located property in Cebu?

Mivela Garden Residences offers thoughtfully designed studio units ideal for young professionals, couples, first-time homebuyers, OFWs, and property investors looking for a convenient place to live or a potential investment opportunity.

This 20 SQM Studio Unit is located at Tower 2, 3rd Floor, offering a functional space in a garden-inspired residential development.

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PROPERTY HIGHLIGHTS

Project: MGR03 – Mivela Garden Residences
Unit: T203.029
Unit Type: Studio
Floor Area: 20 SQM
Location: Banilad, Cebu City, Philippines
Building: Tower 2, 3rd Floor
Sales Category: 1-New Sale

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PRICE & PAYMENT DETAILS

LIST PRICE

₱2,833,200

LESS PROMO DISCOUNT

₱100,000

DISCOUNTED PRICE

₱2,733,200

ADDITIONAL CHARGES

₱226,656

TOTAL CONTRACT PRICE

₱2,959,856

RESERVATION FEE

₱20,000

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PAYMENT TERMS

SPOT DOWNPAYMENT

2% Spot Downpayment: ₱39,200

BALANCE DOWNPAYMENT

8% Balance Downpayment: ₱236,900

Spread over 23 months at approximately:

₱10,300 per month

CONTRACT BALANCE

₱2,663,756

The contract balance shall be paid in cash or through bank financing 30 days after the last equity payment or upon turnover of the unit, whichever is earlier.

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SAMPLE MONTHLY AMORTIZATION

Based on the provided sample computation:

• 5.25% fixed rate for 1 year: ₱228,342.73/month
• 6% fixed rate for 3 years: ₱83,062.64/month
• 6.5% fixed rate for 5 years: ₱52,119.44/month
• 7% fixed rate for 10 years: ₱30,928.47/month
• 9.5% fixed rate for 15 years: ₱27,815.60/month

*Sample figures are based on the provided computation. Actual financing terms, approval, interest rates, and amortization may vary.*

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LOCATION & VICINITY

One of the key advantages of Mivela Garden Residences is its convenient location with easy access to important establishments in the Banilad area.

• 400 m — Montebello Villa Hotel
• 600 m — Gaisano Country Mall
• 700 m — Banilad Town Center
• 700 m — UC Banilad
• 800 m — Streetscape Mall
• 900 m — PAREF Southcrest
• 900 m — Camp Lapu-Lapu Hospital
• 1 km — Adoration Convent of Divine Peace
• 1 km — Cebu IT Park

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WHY CONSIDER MIVELA GARDEN RESIDENCES?

PRACTICAL STUDIO LIVING

A 20 SQM studio unit designed for practical and comfortable everyday living.

CONVENIENT LOCATION

Stay close to shopping, schools, hospitals, dining establishments, and Cebu IT Park.

ACCESSIBLE PROPERTY OPTION

A practical choice for buyers looking to start their property ownership journey.

FLEXIBLE PAYMENT TERMS

Choose from spot downpayment and financing options based on the available payment terms.

POTENTIAL INVESTMENT OPPORTUNITY

A studio unit may offer potential residential or rental opportunities, subject to market conditions and proper due diligence.

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PERFECT FOR

• Young Professionals
• Couples
• First-Time Homebuyers
• OFWs
• Future Homeowners
• Property Investors

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BOOK A PROPERTY VIEWING

Interested in the Mivela Garden Residences Studio Unit?

CebuFirst can assist you with:

• Property Viewing
• Latest Unit Availability
• Updated Price and Payment Computation
• Payment Options
• Bank Financing Assistance
• Reservation Process
• Documentation Guidance

CONTACT CEBUFIRST TODAY

Own a modern studio in a convenient Banilad location and enjoy easy access to some of Cebu’s key establishments.

Message us today for the latest availability and updated computation.