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Important
Facts to Know |
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About... |
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Join Us - Be a Real Estate Broker
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REAL ESTATE CEBU PHILIPPINE |
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Villa Solana |
| Real Estate Cebu Philippine, Villa Solana is developed by Juanito King & Sons, Inc. (JKSI) the consolidation of the real estate holdings of the King family, headed by the company founder, Mr. Juanito I. King. Its humble beginnings date back to the late 1950's, when Mr. King slowly started to acquire real estate through earnings from profitable business ventures. |
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Hard work, perseverance and prudent investments have made the company what it is today. Over the years, Mr. King realized that his accumulated property holdings were a profit center all on their own. Thus in January 1979, he set up a real estate company with his sons, Robin, Ricarido Delfin, Luis and Mario, and himself as incorporators and shareholders. Ming's Food Products, Inc., one of the
existing companies then, was used in the incorporation records. The company was later renamed Juanito King & Sons, Inc. and the Articles of Incorporation were amended to adopt the real estate nature of the business. The renamed company originally had an authorized capital stock of P1 million. In December 1995, the authorized capital was increased to P100 million, to reflect the asset value of the company. |
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The holdings of JKSI in Real Estate Cebu Philippine continue to grow and include commercial lots, industrial lots, commercial buildings, condominium units and residential land. Currently, JKSI is undertaking a housing project, which involves the development of a 2.3-hectare property in Talisay City, Cebu. Led by Juanito King's granddaughter, May King, the housing project targets to have the following beneficiaries of the planned 169 housing units: staff and employees of JK's sister and subsidiary companies (King Quality Foods, Inc., Nito's International Ventures, Inc., Nito's Auto Supply, SkyGo Marketing Corp.), as well as other middle-income families.
Mr. Juanito I. King, founder, Chairman and President, envisions JKSI to contribute significantly to the real estate industry through more development projects in the future.
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Casa Andalucia. Single Detached Two-Storey Unit
Floor Area: 76 square meters
Lot Area: 150 square meters
2 bedrooms
1 guest room
1 maid's room
2 bathrooms, each with an enclosed water closet |
Click to enlarge |
Click to enlarge |
Ground Floor Plan |
Second Floor Plan |
P2,970,000 |
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Casa Marbella Single Detached Unit
Floor area: 71 square meters
Lot area: 150 square meters
2 bedrooms
1 guest room
1 maid's room
2 bathroom with an enclosed water closet
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P2,770,000 |
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MAP OF VILLA SOLANA (Click the map to enlarge)
Note 1 : The subdivision map shown above is updated as of Feb. 8, 2008. the lots with violet dots are for Casa Andalucia models while the lots with red dots are for Casa Marbella models.
Note 2 : The models available as of Feb. 8 2008 in Villa Solana are the Marbella and Casa Andalucia models.
TERMS & CONDITIONS of REAL ESTATE CEBU, VILLA SOLANA
Regular Equity Payment
• Reservation Fee: Php 10,000 Non-refundable and non-transferable
• Equity should be at least 30% of the TCP
• 30% of the Equity: 15 days from reservation
• 70% of the Equity : 45 days from reservation
Flexible Equity Payment Scheme (FEPS) I
For low down payment option, the buyer can avail of the FEPS. The following are the conditions:
• 30 % of the equity must be paid within fifteen(15) days from reservation. The balance of 70% of equity is subject to FEPS.
• The maximum period of FEPS is twelve (12) months at 12 % interest.
Flexible Equity Payment Scheme (FEPS) II
For a lower down payment option, the buyer can avail of the FEPS II. The following are the conditions;
• 10% of the equity must be paid within 15 days from reservation date.
• Another 10% of the equity must be paid within 45 days from reservation.
• Another 10% of the equity must be paid within 75 days from the reservation
• The balance of 70% of equity is subject to FEPS.
• The maximum period of FEPS is twelve (12) months at 12% interest.
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Option 1: Equity payment, 6 months with no interest |
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| Casa Andalucia |
P2,970,000 |
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| Equity |
P891,000 |
30% of P2,970,000 |
| Loanable through Bank/Pag-ibig |
P2,079,000 |
70% of P2,970,000 |
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Payment Schedule |
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| Reservation Fee |
P15,000 |
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| Monthly Payment for 6 months |
P146,000 |
(891,000-15,000)/6months |
Option 2: Equity Payment, 12 months with 12% interest
| Casa Andalucia |
P2,970,000 |
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| Equity |
P891,000 |
(30% of P2,970,000) |
| Loanable through Bank/Pag-ibig |
P2,079,000 |
(70% of P2,970,000) |
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Payment Schedule |
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| Reservation Fee |
P15,000 |
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| Monthly Payment for 12 months |
P81,760 |
(891,000-15,000)X.12% / 12 months |
Option 1 for Casa Marbella
| Casa Marbella |
P2,770,000 |
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| Equity |
P831,000 |
(30% of P2,770,000) |
| Loanable through Bank/Pag-ibig |
P1,939,000 |
(70% of P2,770,000) |
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Payment Schedule |
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| Reservation Fee |
P15,000 |
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| Monthly Payment for 6 months |
P136,000 |
(P831,000-15,000) / 6 months |
Option 2 for Casa Marbella
| Casa marbella |
P2,770,000 |
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| Equity |
P831,000 |
(30% of P2,770,000) |
| Loanable through Bank/Pag-ibig |
P1,939,000 |
(70% of P2,770,000) |
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Payment Schedule |
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| Reservation Fee |
P15,000 |
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| Monthly Payment for 6 months |
P136,000 |
(P831,000-15,000) / 6 months |
Important Notes:
1. An additional of P100/sqm for all lots that are either one of the following
- Facing east
- On the corner
- Along the main road
- Beside or across parks and playgrounds
2. Excess area above the standard per house model is P5,000 per sqm
3. Reservation fee of P15,000 is non-refundable and non-transferrable
4. The above prices are inclusive of taxes and miscellaneous fees
5. Accept Pag-ibig, Bank, or Cash payments |
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