MARCO POLO RESIDENCES, RENT TO OWN CONDO

updated March 14, 2018

The famous and world renowned Marco Polo brand is now offering a lease to own payment option to its ready for occupancy units at its first two towers, The Residences and Two Residences.

Marco Polo Residences in Nivel Hills, Lahug, Cebu City, embodies the spirit of the explorer.  It brings to light the best of the locale of Cebu in the first and only five-tower branded residence, where the typical is spectacular, the everyday unusual, and the common breathtaking.

Marco Polo Residences offers unobstructed views of the sea, sky and the city, a quiet and lush hill community, and a sophisticated condos for sale to suit your way of life.

Only few steps away from the 5-star Marco Polo Hotel, Marco Polo Parkview is situated at 800 feet above ground giving resident a panoramic vista of the channel or the twinkling cityscape light. It is conveniently located and few minutes away from Cebu’s top destinations such as AsiaTown IT Park, Ayala Center Cebu, Magellan’s Cross, Downtown Cebu, SM City Cebu, Cebu International Airport and Mactan Shrine.

Please take note that Marco Polo The Residences Tower 1 and Marco Polo Two Residences Tower 2 are ready for occupancy while Marco Polo Parkview Tower 3 June 2018 start of Turnover and Marco Polo Oceanview Tower 4 December 2019 start of Turnover.

3 PAYMENT OPTIONS FOR THE LEASE TO OWN:
1) 3 months security deposit/ 10% in 12 months/ 90% thru cash or bank financing.
2) 3 months security deposit/ 20% in 24 months/ 80% thru cash or bank financing.
3) 3 months security deposit/ 30% in 24 months/ 70% thru cash or bank financing.

LEASE TO OWN Move-In Requirements:
1) Payment of the 3 months security deposit and 1 month advance lease.
2) Submission of the 11 PDCs or 23 PDCs for the monthly lease.
3) Approve lease application form with valid IDs.

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STUDIO UNIT (37 sqm):

TOTAL CONTRACT PRICE: P4,820,000.00 (unit 318)

OPTION 1) 10% OF NET PRICE: P482,000.00
Monthly lease for 12 months: P40,166.67 

3 months security deposit: P120,500.00
1 month advance lease: P40,166.67
23 months lease payment: P40,166.67/month

90% balance thru cash or bank financing: P4,338,000.00

OPTION 2) 20% OF NET PRICE: P964,000.00
Monthly lease for 24 months: P40,166.67 

3 months security deposit: P120,500.00
1 month advance lease: P40,166.67
23 months lease payment: P40,166.67/month

80% balance thru cash or bank financing: P3,856,000.00

OPTION 3) 30% OF NET PRICE: P1,446,000.00
Monthly lease for 24 months: P60,250.00 

3 months security deposit: P180,750.00
1 month advance lease: P60,250.00
23 months lease payment: P60,250.00/month

70% balance thru cash or bank financing: P3,374,000.00

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1-BEDROOM UNIT (44 sqm):

Unit Price: P5,680,000.00 (unit 1208)
Parking: P1,000,000.00
TOTAL CONTRACT PRICE: P6,680,000.00

OPTION 1) 10% OF NET PRICE: P668,000.00
Monthly lease for 12 months: P55,666.67

3 months security deposit: P167,000.00
1 month advance lease: P55,666.67
23 months lease payment: P55,666.67/month

90% balance thru cash or bank financing: P6,012,000.00

OPTION 2) 20% OF NET PRICE: P1,336,000.00
Monthly lease for 24 months: P55,666.67

3 months security deposit: P167,000.00
1 month advance lease: P55,666.67
23 months lease payment: P55,666.67/month

80% balance thru cash or bank financing: P5,344,000.00

OPTION 3) 30% OF NET PRICE: P2,004,000.00
Monthly lease for 24 months: P83,500.00 

3 months security deposit: P250,500.00
1 month advance lease: P83,500.00
23 months lease payment: P83,500.00/month

70% balance thru cash or bank financing: P4,676,000.00

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2-BEDROOM UNIT (92 sqm):

Unit Price: P12,730,000.00 (unit 1503)
Parking: P1,000,000.00
TOTAL CONTRACT PRICE: P13,730,000.00

OPTION 1) 10% OF NET PRICE: P1,373,000.00
Monthly lease for 12 months: P114,416.67 

3 months security deposit: P343,250.00
1 month advance lease: P114,416.67
23 months lease payment: P114,416.67/month

90% balance thru cash or bank financing: P12,357,000.00

OPTION 2) 20% OF NET PRICE: P2,746,000.00
Monthly lease for 24 months: P114,416.67 

3 months security deposit: P343,250.00
1 month advance lease: P114,416.67
23 months lease payment: P114,416.67/month

80% balance thru cash or bank financing: P10,984,000.00

OPTION 3) 30% OF NET PRICE: P4,119,000.00
Monthly lease for 24 months: P171,625.00 

3 months security deposit: P514,875.00
1 month advance lease: P171,625.00
23 months lease payment: P171,625.00/month

70% balance thru cash or bank financing: P9,611,000.00

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BUILDING FEATURES:

PROPERTY FEATURES:

UNIT FEATURES:

HIGHLIGHTS:

THE LOCATION:

For assistance and full details, please contact us at:

+63.943.312.5445 / +63.9995.101.9010 (Viber/WhatsApp) or visit our WEBSITE at www.gabrielrealtybrokerage.com or FB PAGE at https://www.facebook.com/gabrielrealty/

NOTE: PROTECT YOUR INVESTMENT, DEAL ONLY WITH COMPETENT LICENSED REAL ESTATE BROKERS.

COCOY M. TOLEDO, LL.B.
Licensed Real Estate Broker
PRC Lic. No. 20332

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC Lic. No. 20331

ATTY. WILFREDO S. TOLEDO &
ATTY. JURIS ANGELI TOLEDO
Legal Consultants, Gabriel Realty & Brokerage

The Marco Polo Residences: