Tierra Lorenzo-Lipa by Torre Lorenzo Dev't Corp

 ● Tierra Lorenzo by Torre Lorenzo Dev. Corporation
✔ First Condominium / Condotel soon to rise at Lipa, Batangas 
✔ Reservation Fee: Php 20,000.00 
✔ 10K Monthly DP
✔ Introductory Price Promo for 1st 50 Units (last 18 slots left)
✔ Floor Area Ranges: 31.5 sqm to 42.75 sqm

● Tierra Lorenzo Soon to Rise at Lipa City

✔ Next Level Living
A leveled-up home, a worthy investment and a place where you can simply breathe and relax - these are just some of the things that you'll be able to enjoy at Tierra Lorenzo. This multi-complex property will feature a condominium, a hotel, sports club facilities and more. All these will surely make you love the way you live even more.

✔ Project Overview

A Three (3) Building Hotel & Residential Condominium Project

◉ Lot Area: 10,388 sqm
◉ Amenity Area: 2,161 sqm
◉ Open Space: 59% of the Lot Area

✔ Total No. of Units
◉ Residences
○ Anilao Building: 263 units
○ Bauan Building: 263 units
○ Condotel: 152 units

✔ Units per Floor
◉ Residence: 24 units per floor
◉ Condotel: 19 units

✔ Unit Size
◉ Residence: 31.5 sqm & 42.75 sqm 
◉ Condotel: 32 sqm

✔ Parking: Carless Development

✔ Balconies
◉ Residence: All Units
◉ Condotel: All Units

✔ Unit Inclusions
◉ Built-in overhead & Base Kitchen Cabinet with counter top and sink
◉ Water closet & lavatory
◉ Bathroom Fixtures
◉ Provision for cable, telephone & LAN
◉ Intercom
◉ Doorbell
◉ Smoke Detector
◉ Fire Sprinkler

✔ Amenities
◉ Playground
◉ Multi-Purpose Pavillion
◉ Pool Bar
◉ Lounge & Kiddie Pool
◉ Adult Pool
◉ Pool Deck
◉ Fitness Center

✔ TIERRA LORENZO - RESIDENCES LIPA SAMPLE COMPUTATION
Building 1: Anilao

Contract Start: July 2016
Inventory No.: 209
Unit No.: 918
Unit Type: 1BR
Floor Area: 27.41
Total Selling Price (TCP): Php 2,491,581.00
Reservation Fee: Php 20,000.00
24 Monthly Downpayment Maximum (pwede namang i-shorten o iklian)

Buyer has an 8 Options for his selection on Payment Terms 

✔ Option 1: Spot Cash Payment, 8% Discount

✔ Option 2: Twenty-Four (24) Monthly Installment after reservation fee @ zero interest

✔ Option 3: Thirty (30%) in 24 Monthly DP / Seventy (70%) Bank Financing Payment Scheme

✔ Option 4: Thirty (30%) Spot Cash (3% Discount) / Seventy (70%) Bank Financing Payment Scheme

✔ Option 5: Twenty (20%) in 24 Monthly DP / Eighty (80%) Bank Financing

TCP: Php 2,628,618.00
20% DP: Php 505,724.00
or 24 Months DP: Php 21,072.00

80% Balance: Php 2,102,894.00

Bank Financing: 
5 Years @ 8% p.a.: Php 42,639.00
10 Years @ 8% p.a.: Php 25,514.00
15 Years @ 8% p.a.: Php 20,096.00
20 Years @ 8% p.a.: Php 17,589.00

✔ Option 6: Twenty (20%) Spot DP (3% Discount) / Eighty (80%) Bank Financing Payment Scheme

TCP: Php 2,628,618.00
Less 3% Disc: Php 15,772.00
Total Discounted Contract Price: Php 2,612,846.00

20% DP (net): Php 490,610.00

80% Balance: Php 2,102,237.00

Bank Financing: 
5 Years @ 8% p.a.: Php 42,626.00
10 Years @ 8% p.a.: Php 25,506.00
15 Years @ 8% p.a.: Php 20,090.00
20 Years @ 8% p.a.: Php 17,584.00

✔ Option 7: Ten (10%) in 24 Monthly DP / Ninety (90%) Bank Financing Payment Scheme

TCP: Php 2,628,618.00
10% DP: Php 242,862.00
or 24 Monthly DP: Php 10,119.00

90% Balance: Php 2,365,756.00

Bank Financing: 
5 Years @ 8% p.a.: Php 47,969.00
10 Years @ 8% p.a.: Php 28,703.00
15 Years @ 8% p.a.: Php 22,608.00
20 Years @ 8% p.a.: Php 19,788.00

✔ Option 8: Ten (10%) Spot DP (3% Discount) / Ninety (90%) Bank Financing Payment Scheme

TCP: Php 2,628,618.00
Less 3% Disc: Php 7,886.00
Total Discounted Contract Price: Php 2,620,732.00

10% DP (net): Php 235,346.00

90% Balance: Php 2,365,385.00

Bank Financing: 
5 Years @ 8% p.a.: Php 47,962.00
10 Years @ 8% p.a.: Php 28,699.00
15 Years @ 8% p.a.: Php 22,605.00
20 Years @ 8% p.a.: Php 19,785.00

✔ Parking Space TCP: Php 800,000.00 (1 is to 5 ratio)

✔ Note: 
*Rates used for computation of bank financing amortization are indicative rates only. Actual amortization will be computed based on prevailing rate on the day of loan take out.
** Total Discount, including the impact of discount to all applicable taxes
*** TCP includes all applicable taxes and misc. fees
✔ Important Reminder: 
Currently Sold: 32 Condo Units & 8 Parking Spaces 
after a week from the Date of Ground Breaking

HURRY! At magreserve na ng PARA SAYO!
Please contact us with these numbers: 0995-507-4432 or (043) 740-7921 and look for Jhong

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