Drina of Camella Altea – House and Lot for Sale in Bacoor City, Cavite

About Drina of Camella Altea

House Model	Drina of Camella Altea
Village Name
Location
House Type	Single Attached
House Finishes
Floor Area	83 square meters
Lot Area	99 square meters
Bedroom	3
Bathroom	2
Garage	Provision for One (1)
Balcony	Can be included with additional fee
Maid's Room	Yes
Price Range	Php 3.5M – 4.5Million
Available Units
Developer	Camella
Track Record as Developer

Drina of Camella Altea Sample Computation

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Modes of Payment

1. Modes of Payment
2. Cash

• Spot Cash Payment – Pay full Total Contact Price (TCP) within 7-30 days
• Deffered Payment – Pay full Total Contract Price in 24 equal monthly installment without interest.

2. Installment

• Bank Financing (RFO & Preselling Units)
  • 10% – 15% downpayment payable in 5-6-8-12-14 mos.
  • NO interest.
  • 85% – 90% balance loanable to Bank.
  • Developer will process your bank loan application.
• Inhouse Financing
  • 10%-15% downpayment payable in 12 mos.

o   85%-90% balance loanable to Developer who will process your loan application.

2. Reservation Fees – amount of Reservation Fees (RF) will depend on house model:

• Php 20,000.00 for Marga and Rina.
• Php 30,000.00 for Carina, Drina, Mara and Carmela.
• Php 40,000.00 for big corner lot of Mara and Carmela.
• Reservation Fee (RF) is part of downpayment and valid for 30 days only.

o   To avoid cancellation of RF after 30 days, Buyer must contact Developer’s office before Reservation Fee expires.

3. Loan Terms

• Bank Financing
  • Up to 15 yrs for OFW
  • Up to 20 yrs. for locally employed.
  • Loan term will depend on Buyer’s age, work position and capacity to pay.
  • Interest rate is 8% per year.
  • However, prevailing interest rate will apply upon loan take-out.
  • Age allowed is 21 – 55 yrs old.
  • In case Buyer will not be approved for Bank Financing for whatever reason, In-House financing scheme will automatically be applied
• Inhouse Financing
  • Maximum terms is 10 yrs.
  • 18% interest per year for 5 yrs terms.
  • 21% interest per year for 10 yrs. Term

o   Age allowed is 21 – 55 yrs. old.

4. Start of Payment

• Downpayment (for Bank & Inhouse financing) – 30 days after reservation date.
• Amortization (for Bank and Inhouse financing) – after full downpayment or term.

5. Total Contract Price – include taxes, transfer of title, miscellaneous fees & Meralco connection.
6. Discounts

• Full Down Payment
  • 10% –  If paid within Reservation Month
  • 8%  –  If paid within 30 days
  • Discount will be computed base on Net Downpayment (DP) amount
  • Net DP means reservation fee, misc. fees, vat (if applicable) and promo discount are deducted from downpayment amoun
• Full Payment of Total Contract Price
  • 12% – If paid within 7 days
  • 10% – If paid within Reservation Month
  • 8% – If paid within 30 days
  • Discount will be computed base on Net Total Contract Price (TCP).
  • Net TCP means reservation fees, misc. fees, vat if applicable and promo discount are deducted from total contract price)

7. Accredited Banks

• Malayan Bank, BDO, PNB, China Bank, RCBC, Union Bank, Bank of Commerce, Asia United Bank (AUB)

8. Reminders: about Reservation Fees, Downpayments and Amortizations

• Reservation Fee is not refundable and not transferable in case of withdrawal and cancellation.
• Downpayment can be transferred subject to approval. if approved, must pay Transfer Fee estimated at  Php10,000 –  Php20,000 per unit.
• Amortization is not refundable and not transferable in case of withdrawal and cancellation.

9. Other Fees to Pay Separately

• Bank Charges – for loan processing and documentation expenses.  To be paid directly to the bank before loan take-out.   Estimated bank charges is 3-4% of loanable amount.
• Insurances – Fire and Mortgage Redemption Insurance (MRI) will be added to monthly amortization by the bank. Estimated monthly insurances is 0.0005 of loanable amount.
• Real Property Tax – To be paid when unit is turned-over then every year thereafter. Tax amount depends on property amount and location.  Estimated yearly amount range from Php3,000 – Php 10,000.00.
• Move-in Fees – are payment of water connection and Homeowner’s membership fee. To be paid before move-in.  Estimated amount is Php 10,000.00.
• Construction Bond (optional) – is required if you construct improvement like fencing, renovation and extension. This is refundable If there is no property damage after construction. Estimated amount starts at Php10,000.00 – up. Amount depends on scope of improvement.

Drina of Camella Altea Floor Plan

(Click image to enlarge)

House Features

• Lot Area: 99 square meters
• Floor Area: 83 square meters
• Single Attached
• Two (2) Storey House and Lot
• 3 Bedroom
• 2 Toilet and Bath
• Provision for one (1) Carport
• Dining Room
• Kitchen
• Laundry / utility area
• Living Room
• Maid's Room
• Provision for CATV, telephone, air conditioning outlet

House Finishes of Drina of Camella Altea

Roofing – Pre-painted Concrete Roof Tiles with Undersheeting (no gutters and downspout)
Exterior Walls – Stucco finish with decorative concrete mouldings
Interior Walls – Plain painted cement finish for interior walls
Ceiling – Painted fiber cement board on metal framing
Wall Partitions – Painted fiber cement board on light metal framing
Ground Floor – Ceramic Tiles flooring
Second Floor – Vinyl Strips flooring
Windows – Clear Glass Panels & Aluminum Powder Coated Frames
Main Door and Lockset – Painted Steel Door with Pitcher-Type Lockset
T & B / Service Door and Lockset – Painted Steel Door with Cylindrical Knobset
Kitchen Cabinets – Concrete Base Cabinets and Painted Wooden Doors with Stainless Kitchen Sink and Faucet
T & B Fixtures – Ceramic Toilet Fixtures with Shower Set
T & B Finishes – 30cm x 30cm Ceramic Tiles
Stairscase – Stained Finish Woodel Treads
Stair Handrails – Stained Finish Wooden Handrails
Auxiliary – Electrical Provisions for Airconditioning units for all Second Floor Bedrooms

Location Map & Accessibility

Nearby Facilities