First and second floors has a total of 28 commercial units and a total of 300 Residential studio type units starting from 3rd floor to 18th floor. These residential units are studio type with a 28 -30 square meters range.
Citiloft Mango have a Parking Space at 750,000.00 in Basement 1 and 2. The ground floor has a 12 units Commercial Space while the second floor has a 16 Commercial units. From 3rd to 18 floor is a studio type with 20 units per floor. Citiloft Mango is very nice because its roof deck has a Badminton court and a Multi purpose area. Citiloft Mango has 2 elevators.
The good part of this project is that it will be turned-over finished ( with tiles, painted walls, ceilings and water and light outlets ) but not furnished.
The clients has the advantage to furnished their own units with the quality of furniture they want to install to their unit. Citiloft Mango has a structural design of a sharewall style to maximize condo unit space since there will be less columns.
The estimated turn over of the whole project will be on 2011 but the units will be turned-over by batch or by floors. So if your unit is in 3rd floor it will be handed over to you earlier than the 18th floor units.
Located at Mango street, Cebu City Philippines where hotel occupancy rate is high, if you are going to enroll your unit into a Crown Regency - condotel investment, where you get a pro-rata sharing ( 50/50 percent sharing between you and crown regency management ).
Citiloft Mango Features :
1. Automatic Generator
2. High Speed Elevator
3. Automatic Sprinkler System
4. Internet Connection
5. Video Intercom from the unit directly t the body.
Payment Scheme
Citiloft Mango unit 303
Total Area = 28.20 sqm
Total Contract Price = 1,960,000.oo pesos
Reservation = 30,000.oo pesos
Scheme 1
NO DOWNPAYMENT
70% equity - reservation payable for 48 months = 27,958.33 pesos per month
30% retention payable thru pag-ibig = 588,000.oo pesos
Scheme 2
30% downpayment - reservation payable for 6 months = 93,000.oo pesos per month
40% payable for 48 months = 16,333.33 pesos per month
30% retention payable thru pag-ibig = 588,000.oo pesos
It would be better to reserve 30,000.oo pesos in advance since this price is still in pre-launching. There might be a 5% - 15% increase on ground breaking. Since the equity is cheap, Citiloft Mango is a fast-selling condominium here in Cebu.
