HERITAGE SUBDIVISION LOTS – JAGOBIAO, MANDAUE CITY

HLURB – LICENSE TO SELL NO.  21852

The Heritage is built on what was formerly Hacienda Mandaue, which was owned by the ancestors of the family behind Maria Luisa Properties. Thus, The Heritage is fittingly named as it is a place deeply rooted in family history. In The Heritage, Maria Luisa Properties has come home and we invite you to do the same. We give you the gift of both the past and the future. Let us welcome you as you bring the richness of your own family history and allow it to take root from there.

Phase 1 – Price per sq. m. ( FEA )

Bock -1
11,960.00
11,730.00
12,305.00
15,525.00

Block – 2
11,730.00
13,225.00

Block – 3
11,730.00
14,260.00

Block – 5
15,755.00

Phase 2 – Price per sq. m.

Block – 1
11,730.00
14,835.00
15,525.00

Block – 2
15,180.00
12,075.00
11,730.00

Block – 4
15,985.00

SAMPLE COMPUTATION
Lot Area :  319 sq. m.
Total Contract Price  (  Price Vat Inclusive ) :  3,815,240.00
Transfer Charges :  105,375.06
Total Investment :  3,920,615.06
Spot Cash 5% Discount :  3,624,478.00

20% Down payment in 18 Equal Monthly Installments :  40,724.89
30% Down payment in 18 Equal Monthly Installments :  61,920.67

80% Balance Thru Bank / Pag-ibig Financing :  3,052,192.00

PAYMENT SCHEME :
Total Contract Price Vat Inclusive of 12% VAT
Transfer Charges
Total Investment
Spot Cash with 5% Discount

20% Down payment in 24 months to pay
30% Down payment in 24 months to pay
80% Balance Thru Bank or Pag-ibig Financing

Reservation Fee :  30,000.00

TERMS FOR IN-HOUSE FINANCING :
1 year @ 9% Interest rate p.a. payable
2 years @ 9% interest rate p.a. payable
3 years @ 9% interest rate p.a. payable 
4 years @ 10% Interest rate p.a. payable
5 years @ 11% Interest rate p.a. payable

Discounts on Down payments:
2% discount on 20 % down payment
3% discount on 30 % down payment
4% discount on 40 % down payment
5% discount on 50% down payment

Lot Description :
e – elevated
c – elevated corner
ssd – elevated -slightly slope: detached
ssea – elevated – slightly slope: facing east
v – elevated w/ view
va – elevated w/ view: near amenities
vc – elevated w/ view, corner
vca – elevated w/ view; corner near amenities
vea – elevated / view-facing east
elveaca – elevated w/ view, facing east, corner near amen
elvps – elevated w/ view, partially slope
elvsea – elevated w/ view-slope, facing east
f – flat
fa – flatnear amenities
fc – flat, corner
fcea _ flat, corner, facing east
fea – flat,facing east
sel – slightly elevated
selc – slightly elevated : corner

AMENITIES:

Clubhouse
Swimming Pool
Basketball Court
Childeren’s Play Area
Guard House ( on each 3 entrances)
Detention Pond
Sewer Treatment Facility
Drainage System
Concrete Roads

FREQUENTLY ASKED QUESTIONS

1. Where is it located?
Located in Jagobiao, Mandaue City and Tugbongan Consolacion

2. Where are the access points to the subdivision?
*Jagobiao National High School
*Fooda Supermarket in Consiolacion &
*Consolacion Public Market

3. How much is the investment per square meter?
Investment starts at PHP 11,730 per square meter

4. What is the required minimum value of houses to be built?
Minimum cost of residential house is Php2.5 million.

5. Is there a maximum building height? What are the easement requirements?
Maximum building height is 9 meters from the highest elevation point.
The property is subject to an easement of 3 meters at the front and 2 meters on the sides and rear.

6. What Type of Materials and Architectures are required?
All buildings must be of strong materials and of the type of architecture that is in harmony with the surrounding landscape and homes in the vicinity.

FINANCING

1. Is there a Reservation Fee?
YES. It’s Php30,000, good for 15 days, non-refundable & non-transferable.
This will form part of the total contract price.

2. What Financing Schemes do you have?
*CASH
*BANK LOAN FINANCING
-30% Downpayment in 24 months
-70% Balance payable by Bank Financing

DOCUMENTATION

1. Do all your lots have clean Titles?

Yes. We don’t sell lots that are not titled.
And we guarantee that all our titles are free from liens and encumbrances.
2. How long will processing of individual titles take?

From Deed of Absolute Sale (DOAS) it takes 5 to 6 months
3.When can I build my home in “The Heritage”?

Full payment is required before you can start building your home.