Project Name: Coral Resort Estates
Address: Initao, Misamis Oriental
Coral Resort Estates is Northern Mindanao’s first residential resort estates. It’s 1,000-square meter Mediterranean-type clubhouse is sprawled on the northern part of the estate. It houses an open lounge, a restaurant, and function rooms which can effect seating anywhere from 10 to 70 persons.
The infinity pool, gazebo, parks & playground, meditation garden, and viewdeck complete the setting. A hanging bridge is also built leading to the half-a-kilometer stretch of beachfront. Next to be built are the floating jetty, putting green, aquasports area and pool by the sea.
To complement nature and the environment, home designs follow the Balinese architectural style featuring wide verandas.
Overlooking the tranquil waters of Iligan Bay, Coral Resort Estates offers a serene sanctuary for the privileged few. Finally, the perfect resort home.
Landmarks:
*Schools
Initao National Comprehensive High School
Xavier Academy of Initao
Initao Central school
*Churches
Catholic Church
Iglesia ni cristo Lokal ng Initao
Initao OBS
*Malls\Market\Terminals
Initao Public Market
Bems General Merchandise
Initao Bus Station
Sample Price and Computation:
Total Contract Price (TCP): Php.8,815,000.00
1. Reservation Fee (RF): Php.150,000.00 (deductible from DP)
2. 10% Equity/Downpayment (DP): Php.881,500 payable to 24 months or Php35,260/month in 25 months
3. 90% Loanable Amount: Php. 7,933,500.00
* 20 years @ Php 61,508/month
* 15 years @ Php 71,309/month
* 10 years @ Php 92,115/month
* 5 years @ Php 157,093/month
**Estimated Monthly Salary/Income Requirement: Php 205,026.67
- Shell House - 2 Storey
- Floor Area : 123 Sqm. (expanadable)
- Lot Area: 250 Sqm And Up
- Living Area
- Dining Area
- 4 Bedrooms
- Kitchen
- 3 Toilet & Bath
- Terrace
- Balcony
- Carport
- Gazebo
- Meditation Garden
- Clubhouse
- Open Lounge
- Swimming Pool
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