Listing #:   2358

 Price:   695,000.00  

  Floor Area:   22  

  Lot Area:   28  

 Date Added:   11/28/2014

 Page Views:   6813




Casa Cerro Socialized Housing in Compostela Cebu 

STOP SPENDING MONEY ON RENT.  Your rent keeps on increasing while your monthly amortization remains the same until you own it



Casa Cerro (Spanish: House on Hill) is a Spanish-Mediterranean housing community located on the foot hills of Compostela, Cebu. Casa Cerro is approximately a kilometer away from the Municipal Hall of Compostela. Compostela is a bustling municipality with various commerce, business and industries. One short jeepney ride from Compostela takes one to Liloan where one can enjoy some fishing and zip-line at Papa Kits, or to Consolacion where an SM Mall complete with grocery, shops, food outlet, and cinema is available. LH Prime and Mendero Medical Center also recently opened in Consolacion, making medical check-ups more accessible and convenient for those living in the north. For those that frequently travel, the airport and the port of Cebu are not far as well. Thus, Casa Cerro is suitable for individuals or families that with various taste and lifestyle.

Information on Casa Cerro
Location:         Cogon, Compostela (approx 1.2 km from Municipal Hall)
Area:             6,477sqm
Open Space:        2,726sqm (42.1% of development)
Unit Count:        113 units
Unit Types:         One-Storey Townhouse / Bare-Finish

Typical Unit Finish:    Concrete Floor & Wall
            Ceramic Floors in T&B
            Complete Fixtures in T&B
            Painted Finish Exterior
            Pre-painted long span roofing
            Jalousie window
            Flush front and rear door

Lot Area:        28sqm (inner unit) | 40-62sqm (outer unit)

Floor Area:        22.75sqm

Features and Amenities:    6.5m road
            drainage system
            perimeter fence

- 2nd Floor Extensions NOT ALLOWED.
- 1 unit allowed per Pag-ibig Member.
- No pre-combined units allowed.
- Fence – subject for approval.

Sample Computation

Reservation Fee:    10,000.00

TCP: P695,000.00
Equity and processing fee: P235,000.00 (net of reservation)

Equity = P9,792 per month

Balance: P450,000 through Pag-big financing

If term is 15 years to pay, P4,297 per month   Required income: P12,276 per month

If term is 20 years to pay, P3,760 per month   Required income: P10,742 per month

If term is 25 years to pay, P3,468 per month   Required income: P9,911 per month

If term is 30 years to pay, P3,277 per month   Required income: P9,421 per month

Notes: 1. Casa Cerro Subdivision is in a flat land but a little bit elevated. This makes it a flood free subdivision.

            2. The sourroundings in Casa Cerro is lush greenery that makes it ideal for quite residential living

            3. The developer handles the processing of paper works for the buyer in the transfer of title and other documents. All the buyer has to do is to submit loan documentrary requirements and post dated checks.The transaction is hassle free for the buyer.

  When you reserve a unit at Casa Cerro, it will be scheduled for construction immediately without waiting for full payment of 20% equity.  House construction will only take a few months since it is just a one-storey house. Buyers will be paying the equity monthly while the construction is on going and by the time the 20% equity is fully paid and the balance of 80% is approved for loan by Pag-ibig or bank, the buyer can move in to the unit.

For more information or site tripping, please click CONTACT US below.

For preference on other locations, contact us. We can give you options.


About Cebubesthomes Realty

Cebubesthomes Realty is a realty based in Cebu City Philippines that is spearheaded by  a licensed Real Estate Broker Manuel R. Arengo Jr, a multiawarded broker with over 10 years experience in the real estate industry and over20 years experience in selling profession.

  • We provide buyers all information they need to help them make the right decision of buying a property in Cebu. We disclose to them everything we know.
  • We never over price properties as we rather help in negotiating for less and more favorable deals for the buyer.
  • We focus on house and lot for sale in Cebu, Cebu Condominiums and Lot for sale in Cebu.
  • We strive to keep this site updated with fresh information and new listings for buyers to get the best deal possible in Cebu Real Estate.
  • Our assistance is free and we don't pressure for the obligation to buy even after showing the property. It's always our pleasure to extend a helping hand.