Avida Towers Riala Cebu

LOCATION: Jose Maria Del Mar St., Brgy. Apas, Cebu I.T. Park, Lahug, Cebu City

Live without compromise!

More than work-life balance, we believe that quality of life is determined by a dynamic integration of passion, leisure, and lifestyle. This dynamic is exactly what merges metro and eco-living together, no compromise made. This is the new living standard we aspire for.

 

 

Avida Towers Riala, Avida’s newest development in Cebu. Offer wide greens and open spaces that welcome you to a place unlike any other- a place where nature resides in the middle of the City.

Located at the Cebu IT Park, the city’s most dynamic lifestyle district, Avida Towers Riala is mere steps away from the best the city has to offer: commercial and business centers and top schools and hospitals, among others. Experience all the color and excitement of the city and enjoy the tranquillity of nature. Here, life in the city is truly no compromise.

Avida Towers Riala is within The Cebu I.T. Park, which is an integrated, master-planned, mixed-use community developed by Ayala Land-affiliate, Cebu Property Ventures and Development Corp. It is part of the larger Cebu Park District, which plays host to many of the region’s corporate headquarters, business and IT/BPO offices, and commercial and retail centers.

Experience the convenience of integrated living. Avida Towers Riala is redefining condo living in Cebu by putting you right in the city’s most dynamic lifestyle district.

Tower 4

• Launched Date – 2017
• Turnover Date – 2023

Tower 5

• Launched Date  – 2019
• Turnover Date – 2025

 

 

 

 

In the center of Avida Towers Riala, 5,000 sqm of green areas and open spaces await you. The Grand Lawn is designed to serve as your urban oasis. This is the place where you can truly experience the convenience of an urban green lifestyle – the integration of urban vitality and green tranquility.

SURE AND SECURE LIVING
* Location – Everything is within your reach
*Unique Features and Amenities – Refreshing and Innovative House Designs and family Areas
*Quality Assurance – Long term value for your investment ISO Certified Management System
* Stress Free Buying Experience – Tie up with BPI for your home loans
*Relaxing Living Experience – 27/7 Security, All properties are managed by APMC

Features and Amenities

Experience convenience at its best at Avida Towers Riala. Unwind, dine and shop at cafes, restaurants, and retail outlets, all located within the Avida Towers Riala complex. Enjoy a variety of activities, from the most laid-back to the most active. Live the complete life, enjoy the best the city has to offer and come home relaxed in this haven of open greens in the middle of the city.

Community Amenities of Avida Towers Riala

• Adult and kiddie swimming pool (200 capacity)
• Clubhouse with function hall for 150 guests
• Children’s play area
• Garden area (maximized green area and open spaces)
• Main entry/exit gate w/ guard house (two lanes each)
• Sewage treatment plant
• Centralized cistern

All these amenities are managed by no less than the Ayala Property Management Corporation. Should you choose to rent out your unit instead, Avida’s excellent Leasing Services team can assist you.

Building Features of Avida Towers Riala

• Main lobby for each building (min of 30 sqm)
• Three (3) elevator units (min of 15-pax capacity each)
• Admin room in Tower 1 only (min of 20 sqm)
• Utility room (min of 15 sqm)
• Emergency power
• 100% on safety; 50% on common areas
• One power outlet, one ref outlet, and one lighting unit for Studio and 1-BR units
• One power outlet, one ref outlet, and two lighting units for 2-BR unit
• Garbage chute
• Fire protection/Fire alarm system
• Mailbox per unit located at the lobby
• Provisions for electricity, telephone, cable television and Internet facilities
• Transformer vault and Genset room to be located at the ground floor level

Nearby Establishments

Commercial Establishments:

• Ayala Center Cebu
• Ayala Mall Central Bloc
• Cebu IT Park
• Cebu Business Park
• Gaisano Country Mall
• Banilad Town Center

Nearby Schools

• University of Southern Philippines
• University of the Philippines
• University of San Carlos
• Colegio De la Inmaculada De Concepcion
• University of Cebu Banilad Campus
• Sacred Heart School
• University of the Visayas Banilad Campus
• Bright Academy
• Woodridge International School

Lifestyle and Recreation

• Waterfront Hotel Cebu
• Seda Hotel formerly Marriott Hotel
• Parklane International Hotel
• Tops Outlook
• Temple of Leah
• Mountain View Nature’s Park
• Marco Polo Plaza Cebu
• Montebello Villa Hotel

Churches

• St. Joseph Parish Mabolo
• Redemptorist Church
• The Archdiocesan Shrine of the Most Sacred Heart of Jesus
• The Living Christian Church
• Cebu Korean Church
• Our Lady of the Sacred Heart Parish

Hospitals

• Cebu Doctors University and Hospital
• Chong Hua Hospital
• Perpetual Succour Hospital

Ready for Occupancy (Tower 4)

Sample Computation:

Studio Unit (w/ 10% Spot DP)

Floor Area

:

22.8 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 30 months

: : : :

Php 5,011,354.36 Php 20,000.00 Php 481,135.44 Php 16,704.51

80% Cash or Bank Financing : Php 4,009,083.49

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 36,034.78
10 years = Php 46,548.86
5 years = Php 79,384.66

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Sample Computation:

Studio Unit (no Spot DP)

Floor Area

:

22.8 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 30 months

: : : :

Php 5,061,812.50 Php 20,000.00 Php 992,362.50 Php 33,078.75

80% Cash or Bank Financing : Php 4,049,450.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 36,397.60
10 years = Php 47,017.55
5 years = Php 80,183.96

 

Sample Computation:

1 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

40.60 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 36 months

: : : :

Php 8,437,792.49 Php 20,000.00 Php 823,779.25 Php 23,438.31

80% Cash or Bank Financing : Php 6,750,233.99

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 60,673.01
10 years = Php 78,375.94
5 years = Php 133,662.72

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Sample Computation:

1 Bedroom Unit (no Spot DP)

Floor Area

:

40.69 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 36 months

: : : :

Php 8,522,750.00 Php 20,000.00 Php 1,684,550.00 Php 46,793.06

80% Cash or Bank Financing : Php 6,818,200.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 61,283.91
10 years = Php 79,165.08
5 years = Php 135,008.53

 

Sample Computation:

2 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

57.10 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 42 months

: : : :

Php 11,810,325.63 Php 20,000.00 Php 1,161,032.56 Php 28,119.83

80% Cash or Bank Financing : Php 9,448,260.51

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 84,923.64
10 years = Php 109,702.32
5 years = Php 187,086.88

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Sample Computation:

2 Bedroom Unit (no Spot DP)

Floor Area

:

57.1 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 42 months

: : : :

Php 11,929,187.50 Php 20,000.00 Php 2,365,837.50 Php 56,329.47

80% Cash or Bank Financing : Php 9,543,350.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 85,778.33
10 years = Php 110,806.39
5 years = Php 188,969.77

 

Pre-selling (Tower 5)

Sample Computation:

Studio Unit (w/ 10% Spot DP)

Floor Area

:

25 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable in 48 months

: : : :

Php 5,539,531.25 Php 20,000.00 Php 533,953,13 Php 11,540.69

80% Cash or Bank Financing : Php 4,431,625.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 39,832.70
10 years = Php 51,454.92
5 years = Php 87,751.49

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Sample Computation:

Studio Unit (no Spot DP)

Floor Area

:

25 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 48 months

: : : :

Php 5,650,562.50 Php 20,000.00 Php 1,110,112.50 Php 23,127.35

80% Cash or Bank Financing : Php 4,520,450.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 40,631.08
10 years = Php 52,486.26
5 years = Php 89,510.33

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Sample Computation:

1 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

40.70 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable in 48 months

: : : :

Php 9,014,367.50 Php 20,000.00 Php 881,436.75 Php 18,779.94

80% Cash or Bank Financing : Php 7,211,494.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 64,818.95
10 years = Php 83,731.56
5 years = Php 142,796.22

---

Sample Computation:

1 Bedroom Unit (no Spot DP)

Floor Area

:

40.70 sqm.

Total Selling Price Reservation Fee 20% Equity Payable in 48 months

: : : :

Php 9,195,375.00 Php 20,000.00 Php 1,819,075.00 Php 37,897.40

80% Cash or Bank Financing : Php 7,356,300.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 66,120.50
10 years = Php 85,412.88
5 years = Php 145,663.56

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Sample Computation:

2 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

47 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable over 48 months

: : : :

Php 10,610,024.80 Php 20,000.00 Php 1,041,002.48 Php 22,104.22

80% Cash or Bank Financing : Php 8,488,019.84

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 76,292.72
10 years = Php 98,553.11
5 years = Php 168,072.97

---

Sample Computation:

2 Bedroom Unit (no Spot DP)

Floor Area

:

57.10 sqm.

Total Selling Price Reservation Fee 20% Equity Payable in 48 months

: : : :

Php 12,894,500.00 Php 20,000.00 Php 2,558,900.00 Php 53,310.42

80% Cash or Bank Financing : Php 10,315,600.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 92,719.53
10 years = Php 119,772.86
5 years = Php 204,261.24

 

Actual Photos: