Here’s a general guide for reserving a property in Areza by Ayala Land Estates. The reservation process typically involves a few simple steps that can be done through the official channels or an accredited broker. Below is a guide to help you navigate the reservation process:

Steps to Reserve a Property in Areza

1. Inquire About Availability

• Contact Ayala Land’s Sales Team or an accredited broker to check available lots, their sizes, and pricing.

• Confirm the lot location, size, and whether it meets your needs (commercial, residential, or institutional).

• Ask for a site plan or brochure to get a full view of the estate.

2. Submit Requirements

• Typically, you'll need to provide some basic documents such as:

  • Proof of identity (government-issued ID, TIN, etc.)

  • Proof of billing address (e.g., utility bill)

  • Income proof (if applicable, for financing purposes)

• If you’re purchasing through a financing plan, additional documents like bank statements or income tax returns (ITR) may be needed.

3. Reserve the Lot

• Reservation Fee: Pay the reservation fee, which can range from ₱50,000 to ₱100,000 (depending on the lot size).

• This fee secures the property and initiates the sale process.

• The reservation fee is deductible from the down payment or total price of the lot.

4. Sign the Reservation Agreement

• Once the reservation fee is paid, you will sign the Reservation Agreement or Contract to Sell with Ayala Land or the broker handling the sale.

• Review the terms and conditions, payment schedules, and development timelines carefully.

5. Payment Terms Setup

• Down Payment: Typically required within 30-60 days after reservation, or upon choosing a financing plan.

• Financing: Decide if you will pay via spot cash, bank financing, or in-house financing.

• Clarify monthly installment schedules or lump-sum payment options for your chosen method.

6. Finalizing the Sale

• Upon fulfilling the down payment and all documents, the transaction will proceed to the contract signing and title transfer (if paying in full).

• For bank-financed purchases, approval from the bank will be required before signing the final contract.

Ensure to ask for updates on the development timeline and how soon the area will be fully developed, as Areza is expected to grow over time.

Clarify any specific preferences such as lot proximity to key areas, transportation access, or specific amenities.

If purchasing for business use, ask about zoning requirements, commercial space specifications, and tenant mix in the area.