Grand Monaco House and Lot
Grand Monaco Bellevue 2
Location: Ortigas Ext., Brookside, Cainta, Rizal
Landmark: 5 mins from Robinsons Cainta/ 20 mins from Ortigas, Center
Grand Monaco Bellevue 2 is one of the newest project in Cainta launched just this December 2014. It is located at Brookside, along Sunset Drive, just 2km from the Ortigas Ave Ext. and just about 20 to 30 minutes to Ortigas Center depending on traffic. Bellevue 2 is offered after the success of the original Bellevue project also located in Brookside.
Grand Monaco Bellevue 2 is still is preselling phase which allows a term of 24months for 20% DP. Land development is currently ongoing.
Grand Monaco Bellevue 2 offers Townhouse units that comes with 3 bedrooms, 1 toilet and bath and 1 carport. Units are constructed using conventional method - Concrete hollow blocks for walls with concrete posts and beams - and can be turned over either in Semi-complete finish.
Unit Types: 2-Storey 3BR Quality Townhouse Units
Typical Floor Area: 56 sqm.
Typical Lot Area: 50 sqm. (bigger lots available)
Price Range: Php1.9M - Php2.3M
Developer: Grand Monaco Estate Developers Inc.
Land Area: 7,273 sqm
Saleable Units: 85 Townhouse units
PROJECT STATUS:
Status as of Jan 2015
Land Development Ongoing
Project Launched Dec 7, 2014
PROJECT SCHEDULE:
Launch Date: Dec 7, 2014
First batch of turnover: 1st Q of 2017 (projected)
BUYERS PROMO: Less Php50K on Total Contract Price.
FEATURES AND AMENITIES
House Features:
Typical Floor Area: 56 to 65 sqm.
Min Lot Area: 50 sqm.
Three (3) bedrooms
1 to 2 Toilet and Baths
Living area
Dining area and Kitchen area
Laundry & service area
One (1) carport
Provision for CATV, telephone & air conditioning unit
Comes in Semi-Complete Finish
Amenities
Gazebo/Clubhouse
24 hour CCTV Camera
Walled subdivision with secured gate
Centralized water distribution system (Maynilad)
Centralized power distribution system (Meralco)
Access to Jeepney and Tricyle routes
Payment Terms
Reservation:
Reservation fee PHP 25,000
Validity is 30 days from date of reservation
Reservation fee is non-refundable but is deductible from the Downpayment (DP)
Financing Schemes:
BANK FINANCING
At least 20% DP Payable up to 24 months at 0% interest, balance through bank financing
Actual computation will be provided by bank
Accredited banks include BDO, BPI, PSBank, RCBC, and Security Bank
Interim rate of 14% while waiting for loan take out
DEFFERRED PAYMENT
TCP payable up to 24 months at 0% interest
Discounts:
BUYER'S PROMO: Up to Php50K less on Total Contract
SPOT CASH
7% discount if paid within 7 days
5% discount if paid within 30 days
3% discount if paid within 2 months
Other Charges
Bank Charges: 2% of Loanable Amount to be paid upon bank approval
Transfer Cost: 2% of TCP to be paid if with Letter of Guarantee (LOG)
Processing Fee: Php15,000 to be upon move-in
Move-In Fee: to be paid upon move-in
water
electricity
1 year association dues
1 year real estate tax
Sample Computation
20yrs @ 8%int 0.008364
15Yrs @ 8%int 0.009557
10yrs @ 8%int 0.012133
5yrs @ 8%int 0.020276
Requirements
Buyer will be given enough time to complete the requirements. The usual requirements are as follows:
Proof of Identity
3 pcs 2x2 pictures (buyer and spouse)
Photocopy of 2 Valid Government IDs (buyer and spouse, sign 3 times on the side)
Photocopy of passport (if OFW,include recent entries)
Photocopy of Birth Certificate (if single)
Photocopy of Marriage Certificate (if married)
TIN Number
Proof of Billing (Meralco, Maynilad, or other utilities)
Photocopy of Community Tax Certificate (Cedula, Buyer and Spouse)
Proof of Income for OFW
Photocopy of Job Contract
Latest 3 months pay slip
3 months proof of remittances or 6 month bank statement
Proof of Income for Locally Employed
Original Certificate of Employment with Compensation
Latest 3 months pay slip
Income Tax Return
6 months bank statement
Others
Post-Dated Checks for the DP
Signed developer docs
SPA form (if needed) - needs to be consularized if buyer or spouse was not in the country
Notes:
Developer or bank may ask for additional requirements not in the list depending on the situation
If it is not possible to complete the requirements within the agreed period, buyer can submit a letter to extend the deadline.