Thursday, October 29, 2009

PRIMAVERA Residences

Choose the floor lay-out that matches your personal requirements.


A Condominium Act- A treat to foreigners

Republic Act No. 4726 (The Condominium Act),which defined what is called condominium properties allows foreigners to directly own condominium units where the owners become collective through a Condominium Corporation. Members own and manage the common areas like hallways, stairs, open spaces through the Corporation. Ownership is through a Condominium Certificate of Title (CTC). For peaceful and harmonious living with other owners, there is a master deed with declaration of restrictions and house rules which all should abide by.



Be one of the first to own a unit at Primavera Residences, a vertical condominium that is soon to rise at the Business Park of Pueblo de Oro Township.

These are the advantages for owning a unit here:
  • Beside SM City Mall , Grocery, and Dept. Store
  • Walking distance fromATMs and Convenience Stores
  • Walking distance from St,. Francis Xavier Parish Church
  • Right beside Masterson Avenue - highly accesible to public transportation, taxix and shuttles.
  • Good income earning investment - condotel-type properly management provided
  • green building with environment- friendly features
  • Lock-and-leave unit with 24/7 security
  • majestic view of Cagayan de Oro and Macajalar Bay
  • Ten minites away from the CDO Lumbia Airport
  • Three minutes away from Pueblo Golf Course



You have four compact floor lay-outs to choose from:

  • Typical studio with 1 T&B
  • Typical 1-BR Unit with 1 T&B
  • Typical 2-BR Unit with 1 T&B
  • Typical 3-BR Unit with 2 T&B
Floor area ranges from 22sqm to 69sqm . Already includes balcony area and laundry/drying cage.

Indicative Total Contract Price ranges from P1.193M to P4.392M for units located from 3rd to 5th floor. Prices may vary depending on the floor location. Prices are subject to change without prior notice.

Reservation fee is P20,000.00
Flexible Financing Schemes
  • Spotcash with 5% discount if paid within 30 days
  • Deferred payment:18 months with 0% interest
  • Pag-ibig: 10% Equity payable 12 to 18 months 0% interest ;90% balance : maximum P3M loanable, 10 to 30 years as applicable
  • Bank Financing: 30% Equity payable 12 to 24 months 0% interest ; 70% balance :10 to 15 years at prevailing rates (9.5%p.a. as of July 2009)
  • Inhouse Financing (to be decided by Italpinas): 30% Equity: outright downpayment or payable 18 to 24 months 0% interest ; 70% balance :5 years at 16%p.a.

Primavera Residences -Indicative prices
Unit Type T&B Floor Area Indicative Total Contract Prices

Studio 1T&B 22sqm php 1,252,256
27sqm php 1,499,006
1 bedroom 1T&B 34sqm php 1,760,498
39sqm php 2,024,761
2 Bedroom 1T&B 54.5sqm END unit =php 3,278,559
50.3 sqm php 2,991,807
3 Bedroom 2T&B 69sqm php 4,399,931

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