128 Nivel Hills Cebu near Marco Polo Hotel , Cebu
128 NIVEL HILLS
128 Nivel Hills is a master-planned property poised to be the most sought-after address in Metro Cebu, sitting on an expensive property along Cebu Veteran’s Drive, Nivel Hills, Lahug, Cebu City. It offers elegant and aesthetically pleasing details with spacious units borne of thorough planning.
The whole 128 Nivel Hills project is composed of two (2) towers and a branded hotel, the first tower is a mix of 210 condotel units (2nd – 12th floor) and 346 residential units (14th – 36th floor). While the second tower is purely a residential development boasting 613 units.
Residents and guests are assured of exceptional living spaces, five-star amenities and modern conveniences.
The area around 128 Nivel Hills is primed to become a destination for Cebuanos. Restaurants, car dealerships and other high-end establishments have moved into the area, hinting at what could be the most vibrant and dynamic section of town.
The property sits on an expansive 8,470 square-meter property with 150 meters above sea-level, 128 Nivel Hills has picturesque and overlooking views of Mount Busay and the Metro Cebu cityscape.
Construction and Delivery – 128 Nivel Hills Tower 1:
- Start of Construction – Jan. 2020
- Target year of Completion/ Turnover/ Operations – 2026 (plus 6 months grace period)
- Condotel Sharing Scheme: 30% Management; 70% investors
WATCH VIDEO:
Sample Computations (updated on Nov. 14, 2020):
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CONDOTEL STUDIO (28.012 – 30.712 sqm)
UNIT PRICE: P3,435,453.00 (11ST12)
FURNISHINGS: P560,000.00
RESERVATION FEE: P25,000.00
25% EQUITY for 60 months with 0% interest: P16,231.05/MONTH
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75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P2,996,589.75)
15 yrs – P25,286.93/month
10 yrs – P33,268.30/month
5 yrs – P57,932.51/month
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CONDOTEL 2-BEDROOM (70.987 sqm)
UNIT PRICE: P8,507,189.94 (62BR14)
FURNISHINGS: P1,000,000.00
RESERVATION FEE: P50,000.00
25% EQUITY for 60 months with 0% interest: P38,779.96/MONTH
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75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P7,130,392.46)
15 yrs – P60,170.30/month
10 yrs – P79,161.97/month
5 yrs – P197,850.45/month
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RESIDENTIAL STUDIO (28.012 – 30.712 sqm)
UNIT PRICE: P3,466,827.00 (14ST02)
RESERVATION FEE: P25,000.00
25% EQUITY for 60 months with 0% interest: P14,028.45/MONTH
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75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P2,600,120.25)
15 yrs – P21,941.29/month
10 yrs – P28,866.66/month
5 yrs – P50,267.50/month
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RESIDENTIAL 2-BEDROOM (50.89 – 70.98 sqm)
UNIT PRICE: P6,298,777.58 (142B05)
PARKING: P700,000.00
RESERVATION FEE: P50,000.00
25% EQUITY for 60 months with 0% interest: P28,328.24/MONTH
www.GabrielRealtyBrokerage.com
75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P5,249,083.19)
15 yrs – P44,294.77/month
10 yrs – P58,275.62/month
5 yrs – P101,479.56/month
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RESIDENTIAL 3-BEDROOM (79.267 – 87.50 sqm)
UNIT PRICE: P10,609,108.60 (323B08)
PARKING: P700,000.00
RESERVATION FEE: P100,000.00
25% EQUITY for 60 months with 0% interest: P45,454.62/MONTH
www.GabrielRealtyBrokerage.com
75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P8,481,831.65)
15 yrs – P71,574.51/month
10 yrs – P94,165.71/month
5 yrs – P163,977.56/month
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RESIDENTIAL 4-BEDROOM (114.52 – 163.90 sqm)
UNIT PRICE: P15,583,228.40 (364B04)
PARKING: P700,000.00
RESERVATION FEE: P100,000.00
25% EQUITY for 60 months with 0% interest: P66,180.12/MONTH
www.GabrielRealtyBrokerage.com
75% BALANCE THRU BANK/ IN-HOUSE FINANCING (P12,212,421.32)
15 yrs – P103,055.35/month
10 yrs – P135,582.94/month
5 yrs – P236,100.38/month
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PAYMENT TERMS:
Scheme 1: 90% Cash, No reservation with applicable discounts;
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- 15% discount if paid outright;
- 10% Discount if paid within 1 year on a monthly basis
- 10% Balance upon availability/ issuance of CCT
Scheme 2: Reservation Fee – 51% to 89% Downpayment with applicable discounts:
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- 12% Discount if paid outright or within 7 days from date of reservation;
- 10% Discount if paid within 30 days from the date of reservation;
- 7% Discount if paid within 60 days from the date of reservation;
- Balance payable monthly in 60 months, no interest or payable in 5 to 10 years through in-house financing at 14% interest per annum or through Bank Financing at prevailing interest rate.
Scheme 3: Reservation Fee – 25% to 50% Downpayment with applicable discounts:
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- 10% Discount if paid outright or within 7 days from date of reservation;
- 7% Discount if paid within 30 days from the date of reservation;
- 5% Discount if paid within 60 days from the date of reservation;
- Balance payable monthly in 60 months, no interest or payable in 5 to 10 years through in-house financing at 14% interest per annum or through Bank Financing at prevailing interest rate.
Scheme 4: Reservation Fee:
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- 25% to 50% Downpayment payable in 60 months, no interest;
- Balance payable monthly in 5 to 10 years through in-house financing at 14% interest per annum or through Bank Financing at prevailing interest rate.
RESERVATION FEES:
- Studio – P25,000.00
- 2 Bedroom – P50,000.00
- 3 Bedroom – P100,000.00
- 4 Bedroom – P100,000.00
REQUIRED ADD-ONS:
- Condotel Furnishings (2nd floor to 12 floor): Studio – P560,000.00; 2 Bedroom – P1,000,000.00
- Residential Units(14th Floor to 36th floor): Parking for 2 Br, 3Br & 4Br – P700,000.00;
5.5% MISCELLANEOUS FEES:
- There shall be a 5.5% Miscellaneous Fee that will be added based on the Total Selling Price (net of Discounts and VAT, whenever applicable). It should be paid during the downpayment without interest. Thus, it should be computed equally on the number of months covering the downpayment. Please not that miscellaneous fees do not yet include the electricity and water meters for the condotel/ condominium unit. The electricity and water meters shall be billed to the buyers separately once unit are ready for turnover.
WHY 128 NIVEL HILLS?
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EDUCATION
Get quality education in nearby educational institutions such as University of the Philippines -Cebu (2.5km/ 5mins) and Ceu Pelis Institute (350M/ 1min);
AMENITIES:
The two (2) towers of Nivel Hills will be connected via a common podium of the second floor that will house all the development’s features and amenities:
- Fitness Gym
- Game Room
- Fitness Gym and Wellness Center
- Pool Complex
- Meeting Rooms
- Open Lounge
BUILDING FLOOR PLAN:




SITE DEVELOPMENT PLAN:

LOCATION:
CONSTRUCTION UPDATE:


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COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332, valid until Nov. 9, 2021
DHSUD CR NO. R7-B-03/20-0833, valid until Dec. 31, 2021
PTR No. 3572531, valid until Dec. 31, 2021
RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331, valid until Dec. 31, 2021
DHSUD CR NO. R7-B-03/20-0835, valid until Dec. 31, 2021
PTR No. 3572532, valid until Dec. 31, 2021
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Property City : cebu city