Rent to Own Condo Unit for sale in Espana Manila walking distance to UST/FEU/Ubelt Manila RFO
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Property Updated Dec 8, 2024Views: 16
Ready for Occupancy

Rent to Own Condo Unit for sale in Espana Manila walking distance to UST/FEU/Ubelt Manila RFO

₱ 6,250,000
  • For Sale New Residential Condo
  • Studio 1 Bathroom 25 sqm.
  • Manila
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Property Details
  • Condominium/Apartment Type: Residential Condominium
  • Number of Bedrooms: Studio
  • Number of Bathrooms: 1 bathroom
  • Unit Size in sqm: 25 sqm.
  • Property Condition: New - Ready for Occupancy (RFO)
Description

Rent to Own — Ready for Occupancy Condominium Unit for Sale in Espana Manila — Near/Walking distance to UST, FEU and University-Belt Manila.

Affordable Rent to Own Condo with Promo discount and different payment scheme to choose from that fits to your budget.

AMENITIES:

• Student Mini Theater

The very first in the industry. A multi-functional big screen theater complete with blockbuster movies and can also be used for private seminars and conferences.

• Student SPA

Allow yourself to indulge in an aura of Zen-Like Tranquility in our Student Spa Center

• Fitness Center

Complete with state of the art Gym equipments

• Student Cafe

Taste the delights of a five star hotel in a very affordable student budget.

• Student Library & Business Center

A business center that will cater to all student's needs. Work your way to academic and working excellence in style and comfort.

BUILDING FEATURES:

• A grand and spacious lobby with reception counter and a waiting lounge for visitors

• FREE wi-fi on all amenity areas.

• FOUR (4) computerized high speed elevators.

• Each floor is provided with natural lights and well ventilated hallway.

• 24/7 water supply with overhead tanks.

• 24/7 power supply with 100% back-up power generator for common areas and allocated amount of power to each unit in case of power interruption.

• Individual water and electric meter on each unit.

• 24/7 security and CCTV monitoring system.

• Automatic Fire alarm and sprinkler system.

• Building safety compliance to local fire code and NFPA101 code

• Automated fire detection and alarm system.

• Two fire scape service stairs at every residential floor.

Payment Scheme:

*Spot Cash

*Deffered Payment

*Rent to Own

Sample Computation

>STUDIO 25sqm<

*Rent to Own 10/90

TCP: 6,250,000

RF: 25,000

10% DP: 625,000

Monthly Amort. 52,083.33

90% Balance (less RF) 5,600,000

Bank Financing (7% int)

10yrs/120 months 65,020.75

15yrs/180 months 50,334.38

20yrs/240 months 43,416.74

*Rent to Own 5/5/90

TCP: 6,250,000

RF: 25,000

5% Spot DP: 312,500

5% payable in 12mos: 26,041.67

90% Balance (less RF) 5,600,000

Bank Financing (7% int)

10yrs/120 months 65,020.75

15yrs/180 months 50,334.38

20yrs/240 months 43,416.74

*Rent to Own 10/10/80 (60,000 disc.)

TCP: 6,250,000

RF: 25,000

10% Spot DP: 625,000-60,000= 565,000

10% payable in 12mos: 52,083.33

80% Balance (less RF) 4,975,000

Bank Financing (7% int)

10yrs/120 months 57,763.97

15yrs/180 months 44,716.71

20yrs/240 months 38,571.12

Deffered Payment (4% discount)

TCP: 6,250,000

RF: 25,000

4% disc on TCP: 250,000

New TCP: 6,000,000

20% Spot DP (within 30days after Reservation)

80% Balance payable in 12mos no interest.

SPOT CASH (5.6% discount)

TCP: 6,250,000

RF: 25,000

5.6% disc on TCP: 350,000

New TCP: 5,900,000

Balance less RF: 5,875,000 payable within 30days after Reservation

For Viewing and Reservation Contact

** Contact the Seller **

Are you interested in this property?
Property Affordability
Suggested gross household income/salary:
₱ 96,912 monthly income Request sample computation
20 years to pay at 7% interest
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  • Frequently asked questions about Rent to Own Condo Unit for sale in Espana Manila walking distance to UST/FEU/Ubelt Manila RFO

    How much is the monthly payment for this property?

    The monthly payment is ₱ 38,764 for 20 years for a downpayment of ₱ 1.25M

    Where is the property located?

    The property is located in Manila, Metro Manila. You can view more Condominiums and Apartments for sale in Manila, Metro Manila on this page

    Who can I contact if I am interested with the property?

    If you are interested with the property or if you need more information, you can leave a message to Jhim on this page. Jhim will immediately get back to you after receiving your message.

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