Netzel Grace Sibucao as Property Investment Endorser at Leuterio Realty

25/02/2015

WHAT HAPPENS TO A CONDOMINIUM AFTER 50 YEARS? (pls.click the link below for an elaborative discussion)

1.Condominiums are essentially CORPORATIONS.

2.What is the extent of ownership in a condo project?
*Individual unit owners are SHAREHOLDERS of the condominium corporation.

1 unit = 1 share = 1 voting power

3.Do shareholders have to decide in Unison?
*Certain issues within a condominium can only be decided through votes by shareholders such as having the swimming pool retiled, common areas repainted, and when the building has to be demolished.

4.What is the lifespan of a condominium Building?
*The law implies that a condo has a lifespan of 50 YEARS. By the time it is obsolete and uneconomical, shareholders can vote to have the bldg. demolished with 2 options; either they sell the Land or strike a deal with the original developer or another developer to build a new one.

5.So do all these mean that you should not buy a condominium?
*ABSOLUTELY NOT!
Go back to what motivates you to invest in a particular property. It definitely makes up for in terms of convenience, in-city lifestyle, profit potential (you & your heirs) and I say, its definitely worth the risk and your money.

http://www.zipmatch.com/blog/what-happens-to-a-condominium-after-50-years

25/02/2015

http://www.youtube.com/watch?v=QY7m4-za0rk&sns=fb

25/02/2015

Inspired by the best Italian design, developed by PHINMA PROPERTIES, AREZZO Place Davao features bigger units and wide open spaces in an exclusive low density community.

Invest now! Own a condo at a very affordable price for as low as 6,000/ month.

Why rent when you can own!
Invest wisely.

For more information, contact me @09438313640
Netzel Grace S. Sibucao
Property Investment Endorser
Leuterio Realty & Brokerage

24/02/2015

22/02/2015

PRE-SELLING
TURNOVER: 2017

AREZZO PLACE DAVAO, developed by a triple ISO developer-PHINMA PROPERTIES, has now launched this very low cost and affordable condo project.

Location: Doña Pilar Ave.Brgy.Pampanga,Davao City

Why invest in Arezzo Place?
*For as low as 6,000 php/month as Downpayment
*PHINMA-Leading developer for Condo Projects (Triple ISO)
*90% can be loaned through PAG-IBIG financing
*AMENITIES:
-"The Piazza" Clubhouse
-Multi-purpose Function Hall
-Function Room
-Upper Lobby
-Residents' Lounge
-Adult's Swimming Pool
-Children's Swimming Pool
-Covered walkway along pool area
-Children's Playground
-Collegiate Basketball Court
-Commercial Units for Lease
-Landscaped Gardens
-Parking Building : 156 slots
-280 parking slots available (1:4)

This project is open to Filipinos locally employed and OFW's abroad as well as foreign investors