Ilustrata Residences 2 Bedroom Unit with Maids Room Floor Plan

2 bedroom unit floor plan with maids room ilustrata residences

2 bedroom unit floor plan with maids room ilustrata residences

Floor Area:  58.80 square meters

Toilet and Bath: 2
Unit Description: Suggested layout. Delivered without partitions for flexible customization.

Ilustrata Residences 2 Bedroom with Maid’s Room Unit Finishes:

  • Vinyl Wooden Planks Flooring
  • Tied Kitchen Countertop
  • Stainless Steel Kitchen Sink with Faucet
  • Provision for Rangehood or Exhaust
  • Kitchen Sink Base Cabinet
  • Painted Walls and Ceiling
  • Provision for Washing Machine Area
  • Water Closet and Tissue Holder
  • Wall Hung Lavatory
  • Telephone Shower
  • Full Ceramic Tied Shower Area
  • Toilet and Bathroom Door
  • Ceramic Tiles Walls in Toilet and Sink Area
  • Powder-Coated Aluminum Windows
  • Provision for Telephone Lines
  • Provision for Internet Connection
  • Provision for Cable TV


MODE OF PAYMENTS

OPTION 1: Two Bedroom Unit with Maid's Room, Ilustrata Residences, Sample Computation

TermsBank FinancingIn-House Financing
(15% DP in 30 months ) (32% DP in 30 months)
.
Selling Price:PHP 4,191,943.004,191,943.00
Add: Legal & Miscellaneous Fee335,355.44 (8%)188,637.44 (4.5%)
Total Contract Price (TCP): 4,527,298.444,380,580.44
.
Downpayment: 679,094.77 (15% of TCP)1,401,785.74 (32% of TCP)
Less: Reservation Fee40,000.0040,000.00
Net Downpayment639,094.771,361,785.74
.
Monthly DP
1st Half 17,543.78 (17 months)40,428.01 (10 months)
2nd Half 26,219.27 (13 months)47,875.28 (20 months)
.
Balance (Loanable Amount)PHP 3,848,203.67 (85% of TCP)PHP 2,978,794.70 (68% of TCP)
Interest Rate10% Indicative Interest Rate21% Fixed for 10 years. 18% Fixed for 05 years
.
20 years37,136.00Not Applicable
15 years41,352.99Not Applicable
10 years50,854.2959,555.54
05 years81,762.9575,641.81
SAMPLE COMPUTATION: UPDATED September, 2013 NOTES:
  • Insurances: Fire and MRI insurance not yet included in the computation.
  • Move-In: 31st to 33rd month.
  • Monthly Amortization Payments: It will start a month after the last Down Payment.
  • Processing Fees: This includes Transfer of Condominium Certificate of Title for Bank Financing. Transfer of Title not yet included for In-House Financing.
  • Interest Rate: 10% Indicative Interest Rate is for reference only. Prevailing interest rate shall apply upon loan takeout for Bank Financing. For In-House, 21% Fixed Interest for 10 years and 18% Fixed Interest for 05 years.
  • Bank Terms:  For Locally Employed, 20 years maximum. For OFW, 15 years term payment.
  • Bank Affiliates: Tied up with Banco De Oro, United Coconut Planters Bank and Metrobank.
  • Bank Loanable Amount: Maximum approved amount will depend on salary & age. Loan maturity is 65 years for local buyers and 60 years for international buyers.

OPTION 2: Two Bedroom Unit with Maid's Room and Parking Lot, Ilustrata Residences, Sample Computation

TermsBank FinancingIn-House Financing
(15% DP in 30 months ) (32% DP in 30 months)
.
Selling Price:Php 4,791,943.00 PHP 4,791,943.00
Add: Legal & Miscellaneous Fee 383,355.44 (8%)215,637.44 (4.5%)
Total Contract Price (TCP): 5,175,298.445,007,580.44
.
Downpayment: 776,294.77 (15% of TCP) 1,602,425.74 (32% of TCP)
Less: Reservation Fee 41,000.0041,000.00
Net Downpayment 735,294.771,561,425.74
.
Monthly DP
1st Half 20,184.56 (17 months)46,354.83 (10 months)
2nd Half 30,165.94 (13 months)54,893.87 (20 months)
.
Balance (Loanable Amount)PHP 4,399,003.67 (85% of TCP)PHP 3,405,154.70 (68% of TCP)
Interest Rate10% Indicative Interest Rate21% Fixed for 10 years. 18% Fixed for 05 years
.
20 years42,451.34Not Applicable
15 years47,271.92Not Applicable
10 years58,133.1568,079.83
05 years93,465.8286,468.55
SAMPLE COMPUTATION:UPDATED September, 2013

OPTION 3: Cash Payment Scheme

(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount) PRICE STARTS AT PHP 4,191,943.00  AND UP
TermsAmount
Typical Selling PricePHP 4,191,943.00
Less: Reservation Fee40,000.00
Selling Price Net of Reservation Fee4,151,943.00
10% Discount within 7 days from the date of reservation3,736,748.70
9.5% Discount within 8 to 30 days from the date of reservation3,757,508.42
9% Discount within 31 to 60 days from the date of reservation3,778,268.13
8.5% Discount within 61 to 90 days from the date of reservation 3,799,027.85
SAMPLE COMPUTATION: UPDATED September, 2013

 

HOW TO BUY YOUR DREAM 2 BEDROOM CONDO with Maids Room UNIT?

We provide a worry free processing of your 2 Bedroom condo unit. Just follow these easy steps:

ProcessDetails
Reservation Process
Step 1Call Gabby to schedule your condo site viewing. Prepare your reservation fee: PHP 20,000 for typical unit or PHP 21,000 - a unit with parking lot. We will choose the best unit for you on a First Come, First Served basis.
Step 2Choose your specific floor and unit based on inventory availability. Fill-up the Reservation Agreement (RA) and Buyer's Information Sheet (BIS). Proceed to Admin Office for pre-counseling and brief orientation. Pay the reservation fee to the Cashier. Keep the Official Receipt for record purposes.
Counseling and Submission of Documents Process
Step 1Attend the 30 minute to 1 hour counseling to know your rights and responsibilities as a condo owner. An Admin Officer will guide you on filling up the required legal documents and other pertinent information regarding your condo purchase.
Step 2Buyers are given 30 to 60 days from the date of reservation to submit the necessary documents. Lists of requirements can be found in the “button” below. Bank and In-House forms are also provided.
Condo Turn Over Process
Step 1Buyers or his/her authorize representative (Attorney-In-Fact) are given 60 days from Notice of Completion to inspect their condo. A punchlist is provided to check the property before the buyer can accept the unit.
Step 2Upon acceptance, buyer can Move-In to their new unit. Congrats! You have successfully find your dream condo!
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Why Choose Ilustrata Residences? 

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