San Marino Residences unfolds the best in urban living where the good life sizzles just outside your window sills: shopping, dining and undwinding are literally footsteps away from where you live.
Above, your home bids you back to a pleasant treat. A cozy nook surrounded by comforting views of Cebu's oceanfronts and mountains on the outside while decked with modish finishes and intuitive spaces on the inside. It's a personal respite that will welcome you back from the city's energy and sparkling life below.
Experience the convenience you've always wanted in a home within the city. At San Marino, life is exciting because everything is just right across!
About San Marino Residences
Total land area: 1,221 square meters
Gross building floor area : 18,757.20 square meters
Total no. of units: 420 residential condominium units
Total no. of floors: 20 storeys
Type of units: All are studio type ranging from 21 sqm. 22 sqm.
Estimated date of completion: 3rd Quarter of 2014
• Three-level parking • 24- hour security • Twin hi-speed elevator system • Fire protection & automatic sprinkler system • Fire alarm system • 100% back-up generator • Centralized individual mailboxes • Garbage chutes in every floor • Covered roof deck for special events/functions • Provision for air-con, telephone & cable TV • Ready for WIFI connections • Elegant lobby & reception counter • Covered/paved driveway for passenger drop-off with landscaped garden
• Ceramic tiles on living, dining, kitchen and T&B areas • Finished painted interior wall • Wooden panel main door • PVC door on T & B • Exhaust Fan on T & B • Aluminum sliding windows with clear glass • Complete electrical switches and convenient outlet in living, dining, kitchen and T & B areas • Provision for aircon with outlets • Provision for cable TV and telephone line • T & B complete with shower, water closet, lavatory, toilet paper holder & towel bar
• Just right across SM City Cebu • Walking distance to the domestic seaport • 20 minutes to the domestic and international airport • Accessible by PUJs and taxi cabs • 5-10 minutes to major universities
Location of San Marino Residences
The standard price for every unit is P1,420,000 with the following guidelines for additional premium:
Sea view units or facing East additional P50,000
Corner units additional P50,000
8th floor units additional P100,000
Corner units from 8th floor and above must be purchased 2 units adjacent at the same time. This rule is not applicable on units lower than 8th floor.
All prices are inclusive of miscellaneous fees & taxes.
OPTION A - CASH A PAYMENT: Reservation fee is Php 20,000 (non-refundable non-transferable). Full payment of Total Contract Price within 30 daysfrom date of reservation. A 5% discount on TCP will be given to buyer.
CASH A-1 PAYMENT: Reservation fee is Php 20,000 (non-refundablenon -transferable). Balance of TCP payable in 6 equal monthly installments covered by post-dated checks. A 4% discount on TCP will be given to buyer.
CASH A-2 PAYMENT: Reservation fee is Php 20,000 (non-refundable/non-transferable). Balance of TCP payable in 12 equal monthly installments covered by post-dated checks. A 2.5% discount on TCP will be given to buyer.
CASH B PAYMENT: Reservation fee is Php 20,000 (non-refundable/non-transferable). Lump sum down payment of 50% of TCP within 30 days from date of reservation. A 5% discount on down payment will be given to the buyer. The balance of 50% will be paid lump sum upon completion of building without interest.
CASH C PAYMENT: Reservation fee is Php 20,000 (non-refundable/non-transferrable). The balance of the TCP will be paid in 24 equal monthly installments. Zero interest / No Down payment Monthly installments are covered by post dated checks.
OPTION B: EQUITY PAYMENT
EQUITY : P420, 000.00 LESS RESERVAYION FEE : 20,000.00 NET EQUITY : P400, 000.00 The Net Equity of P400, 000 can be paid in the following manner: 30% of Net Equity to be paid in four (4) months, no interest (covered by post-dated checks). 70% Balance of Net Equity to be paid in 24 equal monthly installments, zero interest (covered by post-dated checks)
San Marino Residences Floor Plan
BANK / PAG-IBIG FINANCING: Reservation fee is Php 20,000 (non-refundable/non-transferable). Maximum loan for Bank/Pag-ibig is P1,000,000 Remaining balance shall be the equity to be paid in 24 equal monthly installments with no interest (covered by post dated checks). Accredited financial institutions are Pag-ibig, Banco deOro, China bank, Metrobank, BPI and RCBC. Other financial institutions not mentioned above will be subject to verification by LWPC prior to its approval for loan. If buyer pays the total equity one time, there will be a discount of 5%
IN-HOUSE FINANCING: Reservation fee:Php 20,000 (non-refundable/non-transferrable). Maximum In-House financing: P1,000,000 Remaining balance shall be the equity to be paid in 24 installments with zero interest. The in-house financing period is 3 years up to a maximum of 5 years @10% per annum (straight). The monthly amortization shall be covered with post-dated checks.
Buyers availing of in-house financing are required to secure a mortgage redemption insurance and fire insurance from a reputable insurance company. LWPC will conduct a credit investigation on the buyer prior to the approval of in-house financing. A credit investigation fee of Php1, 500 will be charged to buyers.