SUMMERHILLS
- Tamiao Compostela Cebu
An Idyllic community that is part of nature’s wonderful bliss where you can get up fresh every day and yet only 30 minutes away from the city of Cebu. Enjoy the privilege of taking part right now in a pioneering endeavor to plant your family in the Valley of Promise. Summer hills promises to be the premiere subdivision that will rise in the heart of Compostela Valley today. Enjoy the abundant landscaped greenery that is present in Summerhills truly a sight you can behold and a home you can be proud of.
LOT DETAILS:
- Total Land Area: 12 Hectares
- Average Lot Sizes: 120 Square Meters
FEATURES AND AMENITIES:
- Multi-purpose Clubhouse
- Swimming pool
- Basketball court
- Tennis court
- Fully landscaped Entrance Gate
- Landscaped open spaces and gardens with tree lined streets
- Fully concrete roads, curbs, gutters, and sidewalks
More Photos (Click the thumbnail to enlarge)
UPDATED AS OF JULY 9,2022
PHASE 1 @ 13,100/SQ.M
- BLOCK 007 LOT 0001
- Lot Area: 108 sqm
SAMPLE COMPUTATION
TOTAL SELLING PRICE: 1,414,800.00
- 20% Down payment: 282,960.00
- Less Reservation Fee, 20,000.00
- Net Down payment: 262,960.00
- Monthly Down payment: 21,913.00 for 12 months without interest
- 80% Remaining Balance thru In-House Financing with 14% per annum up to 10 years
- Loanable Amount: 1,131,200.00
- Miscellaneous Fees. Estimated 6.5% of the Total Selling Price
PHASE 1 @ 13,100/SQ.M
- BLOCK 010 LOT 0020
- Lot Area: 214 sqm
SAMPLE COMPUTATION
TOTAL SELLING PRICE: 2,803,400.00
- 20% Down payment: 560,680.00
- Less Reservation Fee, 20,000.00
- Net Down payment: 540,680.00
- Monthly Down payment: 45,056.00 for 12 months without interest
- 80% Remaining Balance thru In-House Financing with 14% per annum up to 10 years
- Loanable Amount: 2,242,720.00
- Miscellaneous Fees. Estimated 6.5% of the Total Selling Price
PHASE 1 @ 13,100/SQ.M
- BLOCK 020 LOT 0021
- Lot Area: 146 sqm
SAMPLE COMPUTATION
TOTAL SELLING PRICE: 1,912,600.00
- 20% Down payment: 382,400.00
- Less Reservation Fee, 20,000.00
- Net Down payment: 362,400.00
- Monthly Down payment: 30,200.00 for 12 months without interest
- 80% Remaining Balance thru In-House Financing with 14% per annum up to 10 years
- Loanable Amount: 1,530,080.00
- Miscellaneous Fees. Estimated 6.5% of the Total Selling Price
PHASE 1 @ 13,100/SQ.M
- BLOCK 021 LOT 0003
- Lot Area: 120 sqm
SAMPLE COMPUTATION
TOTAL SELLING PRICE: 1,572,000.00
- 20% Down payment: 314,400.00
- Less Reservation Fee, 20,000.00
- Net Down payment: 294,400.00
- Monthly Down payment: 24,533.00 for 12 months without interest
- 80% Remaining Balance thru In-House Financing with 14% per annum up to 10 years
- Loanable Amount: 1,257,600.00
- Miscellaneous Fees. Estimated 6.5% of the Total Selling Price
PAYMENT TERMS
Option 1- Cash Payment
- 100% Spot Cash payable in 7 days with 10% discount on Total Selling Price
- 100% Spot Cash payable in 30 days with 8% discount on Total Selling Price
- 100% Spot Cash payable in 60 days with 6% discount on Total Selling Price
- 90% Spot Cash payable in 7 days with 10% discount on 90%, 10% retention payable upon availability of the title (if applicable)
- 90% Spot Cash payable in 30 days with 8% discount on 90%, 10% retention payable upon availability of the title (if applicable)
- 90% Spot Cash payable in 60 days with 6% discount on 90%, 10% retention payable upon availability of the title (if applicable)
Option 2- Deferred Cash
- 100% cash payable in 24 months, no discount, no interest
- 90% cash payable in 24 months, no discount, no interest; 10% retention payable upon availability of the title
Option 3-Installment
For 20% to 50% Down payment
- SPOT CASH to 7 days outright with 10% discount on the DP;
-payable in 30 days with 8% discount on the DP
-payable in 60 days with 6% discount on the DP
For the 80% to 50% Balance
- payable in two (2) years straight, no interest;
- payable from 3 to 10 years at 14% interest per annum with 1st year no interest
