21/09/2012
One of the best CONDOMINIUM to invest today. Guaranteed premium location, less lifestyle expenses, high quality materials imported from FRANCE. Owned and developed by a Family of designers. So expect good interior designs and International building quality construction. This building is officially consulted and approved by International Authority.
Riviera Condominium Project is a kind of "French Style Living" in the center of Mabolo area. It is along the road of Juan Luna Ave., Mabolo, Cebu City.
A Public Transport accessibility route like to Guadalupe, Cebu City, Lahug, Mandaue, Ayala and Sm Mall which is most located belong to commercial center stablishment.
A spectacular design for a Modern French style condominium which amidst the central and busy district of Mabolo, Cebu City. Expecting to have the grandest view of Mountain side, Mandaue City, Mactan Sea, Cebu City and Bohol Sea. Elegant Lifestyle in an affordable price which really fit the budget of average family income. The feel of being in a right, stylish, secure condominium community.
Sample Computation Only:
Unit Area - 22.00 sq.m.
A. TOTAL CONTRACT PRICE: P 1,733,160.00
24% PROMO DOWNPAYMENT!
1. 8% Down Payment: 138,652.80
Less: Reservation Fee: 20,000.00
Net Downpayment: 118,652.80
(12 months to pay w/o interest @ 9,887.73/mo.)
2. 16% Balance on Down Paynent: 277,305.60
(18 months to pay w/o interest @ 15,405.87/mo.)
3. 76% Principal Balance: P 1,317,201.60
Bank Financing:
20 years to pay - 11,017/month
15 years to pay - 12,587/month
10 years to pay - 15,981/month
5 years to pay - 26,708/month
( Basing standard computation and it will be lowered on actual, due to bank promotional rate! )
Sample Computation Only:
Unit Area - 25.20 sq.m.
B. TOTAL CONTRACT PRICE: P 1,985,256.00
24% PROMO DOWNPAYMENT!
1. 8% Down Payment: 158,820.48
Less: Reservation Fee: 20,000.00
Net Downpayment: 138,820.48
(12 months to pay w/o interest @ 11,568.37/mo.)
2. 16% Balance on Down Paynent: 317,640.96
(18 months to pay w/o interest @ 17,646.72/mo.)
3. 76% Principal Balance: P 1,508,794.50
Bank Financing:
20 years to pay - 12,620/month
15 years to pay - 14,418/month
10 years to pay - 18,395/month
5 years to pay - 30,592/month
( Basing standard computation and it will be lowered on actual, due to bank promotional rate! )
Sample Computation Only:
Unit Area - 28.60 sq.m.
C. TOTAL CONTRACT PRICE: P 2,230,800.00
24% PROMO DOWNPAYMENT!
1. 8% Down Payment: 178,464.00
Less: Reservation Fee: 20,000.00
Net Downpayment: 158,464.00
(12 months to pay w/o interest @ 13,205.33/mo.)
2. 16% Balance on Down Paynent: 317,640.96
(18 months to pay w/o interest @ 17,646.72/mo.)
3. 76% Principal Balance: P 1,561,560.00
Bank Financing:
20 years to pay - 13,061/month
15 years to pay - 14,923/month
10 years to paay - 18,946/month
5 years to pay - 31,662/month
( Basing standard computation and it will be lowered on actual, due to bank promotional rate! )
Opportunity Advantage:
1.A present modern-chic style residential condominium that best suits the need of the market.
2.The best time to confirm developer's capability of fulfilling its promises.
3.Still fueled by purchasing power of Filipino Professionals working abroad.
4.Cebu is the fast growing city, a preferred business and residential location in the Visayas and Mindanao Regions.
5.Presence of leading Manila property players.
6.A strong market for young, mid-class and practical families.
7.Best location.
Property Value Appreciation
1.Excellent development potential- highest best use of the property: a. Location b. Urbane Community
2.Affordability
3.Accessibility - very near to churches, prestigius malls, schools, first class recreational and leisure places, hospitals.
Concept of Project Development
15-Storey Residential Condominium
1.Set apart from earlier vertical residential communities
2.Be able to serve the increasing local and international market
3.Very affordable and Flexible0 Investment Terms
Amenities
1.)Two Main Lobbies
3.) Elevators
2.) Generators Standby
4.) Gym
5.) Social Hall
Riviera French Style condo living near SM Cebu
A corporation owned by the Romoff family,
VIRANCLAVA CORPORATION was named after the first syllable of their four (4) siblings namely; Virginia Durano III (CEO), Anthony Romoff (Vice President), Clarence Romoff (Secretary) and Vania Romoff. A family of designers, the Romoffs work on the premise that living in luxury need not be ostentatious.
The likes of Palaciego Uno along Escario St., Cebu City, and Riviera along Juan Luna Ave., Cebu City exemplify the family’s thrust of combining art and practicality into their development projects. Viranclava also engages in commercial space leasing as seen in their Krizia Buildings 1 and 2, along Gorordo Avenue, Cebu City. Nearby landmarks include Mabolo Church, Mabolo Elementary School. It is strategically located near Ayala Center Cebu, SM City Cebu and lies along the major thoroughfare – Juan Luna Avenue - which links the North Reclamation Area/Cebu International Port, and the mountain barangays of Cebu (Brgy. Lahug, IT Park, Busay).
Experience French-style living in a convenient location
just within Cebu City.
Year Started 2012
Theme French Inspired
No. of Floors 15 floors
No. of Units 284 units
Land Area 1,100 sqm
Type of Development Mid-Rise Condominium
Riviera is located along Juan Luna Avenue (formerly
San Jose de la Montaña Street), Barangay Mabolo,
Cebu City
The Opportunities:
A present modern-chic style residential condominium that best suits the need of the market.
The best time to confirm developer’s capability of fulfilling its promises.
Still fueled by purchasing power of Filipino Professionals working abroad.
Cebu is the fast growing city, a preferred business and residential location in the
The Property Value:
Excellent development potentials.
Urbane Community
Affordability
Accessibility – very near to churches, prestigious malls, schools, first class recreational and leisure places, hospitals
Project Development:
15-Storey Residential Mid Rise Condominium | Set apart from earlier vertical residential communities
284 Units | 1,100 sqm Lot Area | Be able to serve the increasing local and international market
AMENITIES:
Lobby; Indoor Gym; Indoor Swimming pool; Sky Lounge; Rooftop Gardens; Outdoor Area
BUILDING FACILITIES:
24-Hr Elevators; Service Stairs; Wifi available (lobby); Security Cameras; Cable available; Fire exits; Back-up Power
UTILITY & OTHER SERVICES:
Entrance Gate; Parking area; 24Hr Security; Drainage System; Disposal Area
LEISUREMENTS:
To MAIN CITY : 10mins to reach Uptown area and 15mins to downtown area.
To AIRPORT & SEAPORTS : 30mins going to Mactan International Airport and 5mins Cebu piers.
To SCHOOLS : 15mins in reaching to prestigious schools in Cebu.
To SHOPPING MALLS : More or less than 5mins in going to well known malls
To HOSPITALS : 15mins to reach the nearest hospitals.
To CHURCHES : Just a walking distance to Mabolo Church and to Carmelite Monastery.
To POLICE STATION : Walking distance toMabolo Policestation.
I said WORTHY INVESTMENT for the following reasons:
We will take care of your investment, that is, we have an in-house property management group whose only role is to look for tenants for your unit and to manage the same. We have been doing this job for a long time for our other buildings. All you have to do is collect the monthly rental income of your unit.Indeed, it is a worry- free investment.
The rate of Return of your Investment is no less than 12% , which no banks or mutual savings investment house can give you. Based on our survey and experience, the rental on that area ( 1 br furnished) is from 25 K to 28 K per unit ,per month or approximately 300K to 336K annually. Now, at least you have an idea already of your ROI .
It is the first French inspired design Condo Project in Cebu City, and the finishing materials are all imported from France, USA and China. You can see it from our model unit at the site.
Amenities. The following are the amenities and facilities of the the Condo Project:
2 floor car parking area - contemporary tile flooring
3 elevators - telephone, cable outlets at strategic locations
fresh-coat exterior treatments - top of the line series faucets, shower and lavatory
sky lounge with infinity pool with garden - french-classic design interior living
above standard height ceiling - indoor gym
2 lobby for customers/guests
Proximity. Few 5 minutes walk to SM Mall, Ayala Mall, Mabolo Churches (5 churches ) Police station and barangay hall, 10 minutes ride to the Pier, and 20 minutes to the airport. 10 minutes to schools and hospitals.
Low Price . We are still at pre-selling stage and our price is relatively low as compared to other Condo Projects within the area. ( See another email for the computation/price)
It is a High Class condo style living with affordable price, with imported finishing materials.
PAYMENT OPTIONS on the above-mentioned Project:
90-10 CASH, 90% completed within 30 days, 10 % discount on 90% TCP, 10 % upon turn over
Stretched CASH/ 36 equal mo. @ 0% interest
30-10 in 24 mos. /8 % discount on 30 % DP on TCP, 10 % payable in 24 mos. 60 % bal. thru loan
20-10 in 24 mos. / 6 % Discount on 20% DP on TCP, 10 % payable in 24 mos. , 70% bal. thru loan
10-14 DP in 24 mos./ 5 % discount on 10% of TCP, 14% Payable in equal 24 mos./ 76% bal. thru loan
Lite Scheme * DP in 24 mos./ 24 % DP payable equally in 24 mos@ 0% interest/ 76% bal. thru loan
8-16 DP - / 8% DP for 12 mos./ 16% DP for another 18mos./ Bal. of 76% after 30 mos. ( THE MOST AFFORDABLE TERM )
