DISCOVERY BAY RESORT AND RESIDENCES (LOT ONLY) MACTAN CEBU

Breathtaking views from sunrise to sunset. The music of the birds and the sea in your ears, the serenity of life at seafront..This is DISCOVERY BAY. With the commanding view of the stunning blue waters, DISCOVERY BAY is strategically situated at the tip of Punta Engano, Mactan island's famed diving destination. The unique geographical design offers an exciting ranges of recreational activities which will also featuress open piers that are perfect for water sports facilities. Commercial ocean view lots and the Resorts Country Clubhouse fronting the magnificent coastline of Hilutungan Channel will make Discovery Bay a completely self-sustained community with leisure and business equality accessible to tourist and guest.

Discovery Bay is strategically located at the tip of the Northeastern part of Lapu-lapu City. Minutes away from the country's second international airport : Mactan Cebu International Airport. En route to Discovery Bay from the airport, turn right at the intersection at Marina Mall. Follow that road going towards Brgy. Mactan, going past Mactan Shrine. Before you enter Punta Engano, you will pass by Shangri-la Hotel followed by The Hilton Resort and Spa. Before our project site, there's a high-rise condominium : Coral Point Condo , then a few meters from there is Discovery Bay, "your home in paradise".

World-class features and amenities..Commercial and bay lots that sit on a prime property that is Mactan Island. There are some of the factors that guarantee a high property appreciation.Only a select few will have the sea as part of the place they call home, for this 13.4 hectares property promise low density-living.

Definitely your ideal haven. Where everyday is colored with the bright orange of sunrise and the starlit blue of midnight.

DISCOVERY BAY...YOUR HOME IN PARADISE.

AMENITIES

• Clubhouse with swimming pool, basketball court, badminton court, tennis court
• Well planned community
• Fully landscape entrance gate with guard house
• Children’s playground
• Wide concrete road network
• Paved sidewalks with concrete curbs, roads and gutters
• Underground storm drainage system
• Complete electrical and water system
• Shade trees and mercury lamps
• DISCOVERY BAY TOWER - reception and coffee shop
• DISCOVERY BAY CLUB - fitness gym, spa & fine dining restaurant

UPDATED OCTOBER 2008
PRICES:
BEACHWALK RESIDENTIAL LOTS----P8,550.00
INNER BAY VIEW------P8,000.00
PLUS P500/SQM AS AN ADDITIONAL TO ALL CORNER LOTS

AVAILABILITY: AS OF OCTOBER 2008
BLOCK 10 LOT 8 = 270 sqm
BLOCK 11 LOT 9 =312 sqm
P8,550/SQM

BLOCK 4 LOT 11 =244 sqm
BLOCK 4 LOT 12 =262 sqm
BLOCK 4 LOT 13 =262 sqm
P8,000.00/SQM

SAMPLE COMPUTATION:
Block 10 Lot 8
LOT AREA   270 SQM
PRICE/SQM  P8,550.00

Total Contract Price-----P2,585,520.00 (VAT included)

20% DOWNPAYMENT ----P517,104.00
7% DISCOUNT -------------P36,197.28
Cash Outlay ------------------P480,906.72

80% balance------------------P2,068,416.00

      2 YEARS TO PAY WITHOUT INTEREST
Monthly Amortization--------P86,184.00

      5 YEARS TO PAY
1rst year monthly amortization w/out interest (promo) --P34,473.60
2nd to 5th year monthly amortization w/ 18% interest/annum--P48,616.05

      10 YEARS TO PAY
1rst year monthly amortization w/out interest (promo) --P17,236.80
2nd to 10th year monthly amortization w/ 18% interest/annum--P34,923.14


SCHEME 2
51% TO 90% DOWNPAYMENT ---P1,318,615.20
10% DISCOUNT --------------------P131,861.52
Cash Outlay  --------------------------P1,186,753.70

49 BALANCE -----------------------P1,266,904.80
2 YEARS TO PAY WITHOUT INTEREST MONTHLY--P52,787.70

          5 YEARS TO PAY
1rst year monthly amortization w/out interest (promo) --P21,115.08
2nd to 5th year monthly amortization w/ 18% interest/annum--P29,777.33

          10 YEARS TO PAY
1rst year monthly amortization w/out interest (promo) --P10,557.54
2nd to 10th year monthly amortization w/ 18% interest/annum--P21,390.42


RESERVATION FEE:
1.COMMERCIAL-----P100,000.00 /LOT
2. RESIDENTIAL-----P50,000.00 /LOT
20% DOWNPAYMENT, 80% BALANCE PAYABLE WITHIN 5 TO 10 YRS.WITH 18%
INTEREST PER ANNUM.
3. OR 20% DOWNPAYMENT, 80% BALANCE PAYABLE WITHIN 2 YEARS WITH NO INTEREST.

AVAILABLE LOT AREAS IN COMMERCIAL ARE 500 TO 1000 SQM. IN COMMERCIAL AREAS YOU CAN BUILD A CONDOMINIUM, A HOTEL OR A TOWNHOUSE FOR INCOME
PURPOSES.AVAILABLE

LOT AREAS IN RESIDENTIAL ARE 300 TO 500 SQM.

AVAILABLE LOTS IN COMMERCIAL ARE 500 TO 1000 SQM

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