Thursday, July 7, 2016

LEVEL UP!!! LIVING IN A NEW CONDOTEL IN LIPA CITY BATANGAS

NEXT LEVEL LIVING
a leveled-up a worthy investment and a place where you can simply breathe and relax - these are just some of the things that you'll be able to enjoy at Tierra Lorenzo. This multi-complex property will feature a condominium, a hotel, sports club facilities and mor. All these will surely make you love the way you live even more.

TIERRA LORENZO IS THE FIRST CONDOTEL IN LIPA
PRE SELLING 
20K RESERVATION FEE FOR UNIT

AND AS LOW AS 5K RESERVATION FOR PARKING 



UNIT INCLUSIONS 
*Built-in overhead & base kitchen cabinet with counter top & sink
*Water closet & lavatory
*Bathroom fixtures
*Provision for cable,telephone & LAN 
*Intercom 
*Doorbell
*Smoke detector
*Fire sprinkler





AMENITIES
*Playground
*Multi-purpose Pavilion 
*Pool Bar
*Lounge & Kiddie Pool
*Adult Pool
*Pool Deck
*Fitness Cente

























Units Range from 31.5sqm to 42.74sqm

PROJECT OVERVIEW
A 3 Building Hotel & Residential Condominium Project

Area Summary:
Lot Area: 10,388sqm
Amenity area: 2,161sqm
Open Space: 59% of the Lot Area

Total No. of Units:
* Residences
 _ Anilao: 263 units
 _ Bauan:  263 units
 _ Condotel: 152 Units

Units per Floor
*Residences: 24 units per floor
*Condotel:   19 Units per floor

Unit Size:
*Residences  : 31.5sqm & 42.75sqm
*Condotel    : 32sqm

Parking:  Carless Development 
Balconies
- Residences : All Units
- Condotel   : All Units.

PROJECT LOCATION: 
* Altamirano St. Mataas na Lupa, Lipa City

Near Establishment in 100m radius and more
* De La Salle Lipa
* Robinson Place Lipa
* Mediatrix Hospital
* Big Ben Lipa
* Star Tollway
* Major Fast Food Chain.

SAMPLE COMPUTATION 


TIERRA LORENZO- RESIDENCES LIPA
BUILDING 1 - ANILAO  (SAMPLE COMPUTATION)
Contract Start Jul-16
Inventory No. 209
Unit No. 918
Unit Type  1BR
Area  37.41
Total Selling Price  2,491,581
Reservation Fee  20,000
OPTION 1 
CASH PAYMENT 8% discount 
TOTAL CONTRACT PRICE*** 2,628,618
TOTAL DISCOUNT**                 (210, 289)
TOTAL DISCOUNTED CONTRACT PRICE 2,418,329
Less: Retention Payable Upon Turnover -50,000
Less: Reservation Fee -20,000
NET PAYABLE 2,348,329
OPTION 2
EQUAL MONTHLY INSTALLMENT  24 Months 
TOTAL CONTRACT PRICE (TCP) 2,628,618
Less: Reservation Fee -20,000
NET PAYABLE  2,608,618
MONTHLY PAYMENT  108,692
OPTION 3
30% DOWN PAYMENT  70% FINANCING  24 Months 
TOTAL CONTRACT PRICE  (TCP)*** 2,628,618
Payment Schedule 
30% Downpayment Due , net of reservation  768,585
Monthly Amortization    24 months  32,024
70% Balance Due 1,840,033
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 37,309
Monthly for 10 years 8.0% p.a. 22,325
Monthly for 15 years 8.0% p.a. 17,584
Motnhly for 20 years 8.0% p.a. 15,391
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes
OPTION 4
30% SPOT DP 70% FINANCING  3% discount
TOTAL CONTRACT PRICE*** 2,628,618
TOTAL DISCOUNT** -23,658
TOTAL DISCOUNTED CONTRACT PRICE 2,604,960
PAYMENT SCHEDULE
30% Downpayment Due. Net of Reservation  745,791
70% Balance Due 1,839,169
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 37,292
Monthly for 10 years 8.0% p.a. 22,314
Monthly for 15 years 8.0% p.a. 17,576
Motnhly for 20 years 8.0% p.a. 15,384
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes
OPTION 5
20% DOWN PAYMENT  80% FINANCING  24 Months 
TOTAL CONTRACT PRICE  (TCP)*** 2,628,618
Payment Schedule 
20% Downpayment Due , net of reservation  505,724
Monthly Amortization    24 months  21,072
80% Balance Due 2,102,894
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 42,639
Monthly for 10 years 8.0% p.a. 25,514
Monthly for 15 years 8.0% p.a. 20,096
Motnhly for 20 years 8.0% p.a. 17,589
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes
OPTION 6
20% SPOT DP 80% FINANCING  3% discount
TOTAL CONTRACT PRICE*** 2,628,618
TOTAL DISCOUNT** -15,772
TOTAL DISCOUNTED CONTRACT PRICE 2,612,846
PAYMENT SCHEDULE
20% Downpayment Due. Net of Reservation  490,610
80% Balance Due 2,102,237
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 42,626
Monthly for 10 years 8.0% p.a. 25,506
Monthly for 15 years 8.0% p.a. 20,090
Motnhly for 20 years 8.0% p.a. 17,584
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes
OPTION 7
10% DOWN PAYMENT  90% FINANCING  24 Months 
TOTAL CONTRACT PRICE  (TCP)*** 2,628,618
Payment Schedule 
10% Downpayment Due , net of reservation  242,862
Monthly Amortization    24 months  10,119
90% Balance Due 2,365,756
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 47,969
Monthly for 10 years 8.0% p.a. 28,703
Monthly for 15 years 8.0% p.a. 22,608
Motnhly for 20 years 8.0% p.a. 19,788
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes
OPTION 8
10% SPOT DP 90% FINANCING  3% discount
TOTAL CONTRACT PRICE*** 2,628,618
TOTAL DISCOUNT** -7,886
TOTAL DISCOUNTED CONTRACT PRICE 2,620,732
PAYMENT SCHEDULE
10% Downpayment Due. Net of Reservation  235,346
90% Balance Due 2,365,386
BANK FINANCING 
Monthly for 5 years 8.0% p.a. 47,962
Monthly for 10 years 8.0% p.a. 28,699
Monthly for 15 years 8.0% p.a. 22,605
Motnhly for 20 years 8.0% p.a. 19,785
NOTE: Rates used for computation of bank financing amortization are indicative rates only.
Actual amortization will be computed based on prevailing rate on the day of loan take out. 
NOTES:
*** TCP includes all aplicable taxes and misc. fee
**TOTAL DISCOUNT, including the impact of discount to all aplicable taxes



FOR RESERVATION AND MORE DETAILS 
ROEL B. PASUMBAL
Marketing Executive
Driven Marketing Group Inc.
Globe  0927.239.4657
Smart/Viber 0947.761.9900

email: rbpasumbal@gmail.com
https://www.facebook.com/roelpasumbal
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