Studio Units at 2 Torre Lorenzo

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WHY INVEST AT 2 TORRE LORENZO
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It has an excellent rental opportunity with other institutions in the vicinity, schools like De La Salle University, De La Salle - College of St. Benilde, St. Scholastica’s College and University of the Philippines Manila, hospitals like Philippine General Hospital, shopping malls like Harrison Plaza and Robinson's Manila, supermarket like Cash and Carry Supermarket, bank like Bangko Sentral ng Pilipinas , and sports complex like Rizal Memorial Sports Complex.

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BUILDING FEATURES
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* Smart card access
* Intercom and doorbell system
* 24-hour reception
* Standby generator
* Internet and cable

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UNIT FEATURES
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- Range hood
- Electric stove top
- Built-in kitchen cabinet
- Built-in wardrobe closet
- Water closet and lavatory
- Bathroom accessories and fixtures

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AMENITIES AND FACILITIES
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* Adult and kids swimming pool
* Fitness center
* Study hall
* Function room
* Roof-deck garden
* Drying cages

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PAYMENT TERMS
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Note:
Down payment : DP
Bank Finance : BF
Reservation Fee : PHP 25,000

Option 1: Spot Cash
100% cash payment in the list price with 8% discount

Option 2: OPTION 2: 2 YRS PAYMENT TERMS (equal monthly installment)

Option 3: 10 - 90
10% DP in the list price and payable until 9 months
90% remaining balance through cash or bank finance

Option 4: 10 – 90 Spot with 3% discount
10% spot DP in the list price
90% remaining balance through cash or bank finance

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SAMPLE COMPUTATION
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Based on Option 1: 100% cash payment in the list price with 8% discount.

Unit: Studio with 25.95 sqm

List Price : PHP 2,817,135
Less 8% discount : PHP 225,370
Net List Price : PHP 2,591,764.67

Less Reservation Fee : -PHP 25,000
Net Selling Price : PHP 2,566,754.67
Titling & Miscellaneous Fee 5.50% : PHP 142,547.06
Total Contract Price : PHP 2,709,311.73
Less: Retention Payable upon Turnover : PHP (50,000.00)

NET PAYABLE : PHP 2,659,311.73
Option 3: 10 - 90
10% DP in the list price and payable until 7 months
90% remaining balance through cash or bank finance

Unit: Studio with 25.95 sqm
List Price : PHP 2,817,135

10% DP : PHP 281,713.55
Titling & Miscellaneous Fee 6% : PHP 169,028
90% Balance : PHP 2,535,421
TOTAL CONTRACT PRICE (TCP) : PHP 2,986,163

Payment Schedule

10% Downpayment (DP) : PHP 281,713
Reservation Fee : PHP 25,000
Net Down payment : PHP 256,713
10% Titling & Miscellaneous Fee : PHP 16,902
Total Down payment Due : PHP 273,616
Monthly Amortization 9 months : PHP 30,401
90% Balance : PHP 2,535,421
90% Titling & Miscellaneous Fee : PHP 152,125
Total Balance Due : PHP 2,687,547

Monthly amortization, Interest rate at 11.5% per annum is for illustration purposes only actual rate to be based on bank prevailing rate

Monthly amortization based on 5 years : PHP 59,106
Monthly amortization based on 10 years : PHP 37,785
Monthly amortization based on 15 years : PHP 31,395

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INVESTMENT PACKAGE
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* STUDIO UNITS
- with area range of 23.8-30.87 sq.m
- 2.7M to 3.8M

* ONE-BEDROOM UNITS
- with area range of 25.85 - 37.6 sq.m
- 3.2M to 4.8M

* TWO-BEDROOM UNITS
- with area size of 50.2 sq.m
- 5.8M to 6.4M

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DISCOUNTS & PROMOS
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Free Interior Design
Need a decorating inspiration? Don’t worry, we’ve got you covered. When you buy your dream home, we offer you a free interior design service that reflects you and your style. Because when you deal with us, there’s no right or wrong way to do it – just your way.

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PROJECT WEBSITE
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http://www.2torrelorenzotaft.com/

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CONTACT US
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Smart: (+63) 908-812-3890
Globe: (+63) 917-797-5283
Landline: (+63) 2-531-5670

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WHY CHOOSE PHREALTY.COM?
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We are a SEC registered company and PRC licensed brokerage firm accredited by over 75 top property developers in the Philippines. We thrive on helping our clients transcend the buying/selling process and giving them the opportunity to achieve their goals with as little stress and risk as possible. Our real estate pros – who have a level of expertise unparalleled in the industry, will personally guide you through the entire buying process from beginning to end: finding your home, negotiating your contract, and signing documents.