ALL HOUSES ARE DELIVERED FINISHED (FULLY PAINTED, FULLY TILED, ALL CONCRETE)
Payment Terms
• 30% downpayment,payable in 18 months interest free
• 70% balance - In house financing,payable over 2 years at 14% per annum, 3 years at 16% per annum, 4 years at 18% per annum or 5 years at 18% per annum
• Bank financing and Pag-Ibig also available
Reservation Requirements for Local Buyers
Upon reservation, buyers will be asked to fill up a Reservation Agreement form with a reservation fee of P20,000 per lot.
Reservation fee is non-refundable and non transferable and is valid for 30 days only. The following documents must be submitted within the 30 days from reservation:
Signed reservation agreement form.
Photocopy of valid ID.
Special Power of Attorney should be executed for buyers outside the country and is signed and sealed by the Philippine Consul.
Valid ID of the Special Power of Attorney holder.
Tax Identification Number (TIN) of buyer.
Community Tax Certificate Number (CTC) if applicable.
After submission of the required documents, buyers will be asked to sign a Contract to sell. To avoid the cancellation of the reservation, please make sure to submit all the above documents within 30 days from the reservation date.
ALL RESERVATIONS MADE BY CLIENTS ARE SUBJECT FOR AN APPROVAL OF THE COMPANY (NEXUS REAL ESTATE)
A. Payments and Financing
Cash WITH 10% DISCOUNT
In-house financing, with a maximum term of 5 years.
External financing :
Bank
Pag-Ibig (Home Development Mutual Fund)
Based on the terms of payment agreed upon in the reservation agreement or the Contract to Sell, customers are required to start paying their down payment 30 days after the reservation date.
Minimum downpayment required:
THIRTY (30%) PERCENT
MODE OF PAYMENTS:
Cash or dated checks
Post dated checks, to cover monthly amortization (Maximum of sixty (60) checks). Local buyers are required to issue post dated checks.
Pag-ibig loan now available for Kamalaya Residences.
BORROWER ELIGIBILITY
Must be a member for at least 24 months as evidenced by the remittance of at least 24 monthly contributions at the time of loan application.
A new member shall be allowed to make a lump sum payment of 24 months to avail of housing loan.
Not more than 65 years old at loan maturity and must be insurable.
Has the capacity to acquire and encumber real property
Has passed satisfactory background/credit check by the Developer and HDMF
Has no outstanding Pag-ibig housing loan, either as a principal or co-borrower
Has no outstanding multi-purpose loan in arrears at the time of loan application.
PAG-IBIG LOAN AMOUNT
A qualified Pag-ibig member shall be allowed to borrow up to a maximum of P2,000,000.00 pesos which shall be based on the lowest of the following:
The member’s actual need
His loan entitlement
Loan-to-collateral ratio
Loan entitlement based on contribution: For every P100.00 a member is
entitled to P125,000.00 loan amount. For example, a member has a monthly contribution of P800.00 he is entitled to P1,000,000.00 maximum loanable amount; and for P1,600.00 contribution, he is entitled to P2,000,000.00 maximum loanable amount.
Kamalaya means lotus realm - an ancient symbol for the growth and unfolding of the human spirit. Designed to snatch the individual and the family away from the hustle bustle of a busy world that gets busier and busier by the minute.
Kamalaya Residences, an Exclusive Eden,located in Minglanilla,South of Cebu, offering quality one storey 2 bedroom, and two storey 3 bedroom house and lots. It appeals to persons with refined taste. Ideal for new and expanding families alike. Kamalaya Residences emphasizes serenity, peacefulness and centeredness. A sanctuary with an unobstructed view of the mountains and meditation garden. Only 5 minutes from the market, church, Municipal Hall, Jollibee,Tungkop Beach and School. 10 Minutes from South General Hospital,SRP.15 minutes from Gaisano Fiesta Mall. 40 minutes from the airport and 25 minutes from the pier.
Amenities:
• Elegant guard house
• Vast expanses of greenery
• Beautiful mountain views
• Meditation pavilion
• 24 hour security
• Concrete roads
• Cemented sidewalks
• Street lights
• Cemented curbs and gutters
• Perimeter Fences (Pre-cast)
• MCWD water system
• Electrical power supply
• Telephone lines
• Cable TV lines
KAMALAYARESIDENCES: THE COMPETITIVE ADVANTAGE
A walking distance away from the Main Road of Minglanilla (Just meters away)
Prices starts at 1.7M Only!
AFFORDABLE FINANCING SCHEMES! NO HIDDEN CHARGES! NO MISCELLANEOUS FEE!
Houses with superior qualilty, with supervision by A.I TECHNOLOGY (U.S Based construction management group)
Low density subdivision project with a total of 31 houses only!
Subdivision project is secured by pre-cast concrete perimeter fences with GATED ENTRANCE and GUARDHOUSE
UNOBSTRUCTED MOUNTAIN VIEW
Superior quality housing with BIG LOT AREA FOR EXPANSION BENEFITS!
Site Development is elevated with excellent underground drainage system (FLOOD IS IMPOSSIBLE)
HOUSE CONSTRUCTION PERIOD: 3 MONTHS!
2 Access roads towards the subdivision
Near HOSPITALS, MARKET PLACES, CHURCHES, and A STONE THROW AWAY FROM GAISANO MINGLANILLA (Soon to rise)
SRP gives accessibility to the city within 15 minutes time
PAG-IBIG LOAN REQUIREMENTS
If Employed or Self-employed:
* Community Tax Certificate
* Proof of Billing (original)
* T.I.N. (Tax ID Number)
* Latest pay slip of borrower and spouse (original)
* 2 pcs HDMF Premium Contribution Certificate (original)
* Marriage Contract or Birth Certificate (Photocopy)
* W2 BIR form (photocopy)
* 2 pcs Notarized Certificate of Employment with Compensation (original)
* Post dated checks for down payment
* 24 month Pag-ibig contribution for members. For non-members, pay 24 months contribution upon reservation
If OCW:
All of the above plus the following:
* 3 pcs Notarized Special Power of Attorney (SPA)
* Income Tax Return and W2 confirmation receipt for the last 2 years immediately preceeding date of loan application
* Notarized Employment Contract and Employer's Certificate of Income duly certified by employer.
Note: All original
