The Reef Residences located in Mactan, Cebu City. . . - Cebu Sweet Homes

Real Estate Salesperson

Carol N. CaliboCarol N. Calibo

Real Estate Sales Director
HLURB-CVRFO-A-000514-2017

Tel # (032) 516-5441

cell # (+63) 9329691358
(+63) 09176207235
(+63) 09255003410

carol_calibo16@yahoo.com
carolina.calibo16@gmail.com

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The Reef Residences located in Mactan, Cebu City. . .

the Reef bldg. 1

THE REEF – is the creation of an elite team, comprised of the Philippines’ most celebrated design and management talent.

It represents the synergy of our top architectural and design firm., a world famous furniture designer and an award-winning boutique resort and restaurant operator in a first ever trifecta of distinction, excellence and limitless luxury.

THE REEF

This upscale, multi-storey hotel+residences along the famous beach of Mactan, Cebu, Philippines offers a transformational way of living a vibrant, sophisticated lifestyle.

Located on a 4,447 square meter lot, the development is composed of two (2) Towers; namely REEF RESIDENCES and SOUTH REEF.

REEF RESIDENCES has 24 floors with a Total Floor Area of 29, 129 square meters.  The REEF RESIDENCES offers 4 room types: Studio, 1-bedroom, and the 2 or 3-bedroom suites.  Each energy-efficient unit is equipped with world-class amenities.

STUDIO

The Reef studio

PHOTOS

Floor / Unit  –  7th Floor / 717
Unit Type  –  Studio
Floor Area  –  55 sq. m.
Ext Bal Area  –  0
Total Area  –  55 sq. m.
Price for Unit  –  7,425,000.00
E-VAT  –  891,000.00
Total Contract Price  –  8,316,000.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME :
Option A 
20% Down payment 12 mos. to pay Less Reservation Fee  –  134,433.33

Option B
20% Outright Down payment 55 Discount Less reservation Fee  –  1,530,040.00

Option  C
Outright Cash 6% Discount Less reservation Fee  –  7,767,040.00

80% Balance Thru Bank Loan  –  6,652,800.00

Floor / Unit  –  9th Floor / 914
Unit Type  –  Studio
Floor Area  –  45 sq. m.
Ext Bal Area  –  18
Total Area  –  63 sq. m.

Price for Unit  –  7,695,000.00
E-VAT  –  923,400.00
Total Contract Price  –  8,618,400.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME 
Option A 
20% Down payment 12 mos. to pay Less Reservation Fee  –  139,473.33

Option B
20% Outright Down payment 55 Discount Less reservation Fee  –  1,587,496.00

Option  C
Outright Cash 6% Discount Less reservation Fee  –  8,051,296.00

80% Balance Thru Bank Loan  –  6,894,720.00

Floor / Unit  –  15th Floor / 1513
Unit Type  –  Studio
Floor Area  –  45 sq. m.
Ext Bal Area  –  18
Total Area  –  63 sq. m.
Price for Unit  –  7,830,000.00
E-VAT  –  939,000.00
Total Contract Price  –  8,769,600.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME
Option A
20% Down payment 12 mos. to pay Less Reservation Fee  –  141,993.33

Option B
20% Outright Down payment 55 Discount Less reservation Fee  –  1,616,224.00

Option  C
Outright Cash 6% Discount Less reservation Fee  –  8,193,424.00

80% Balance Thru Bank Loan  –  7,015,680.00

Floor / Unit  –  16th Floor / 1612
Unit Type  –  Studio
Floor Area  –  53 sq. m.
Ext Bal Area  –  10
Total Area  –  63 sq. m.
Price for Unit  –  8,214,000.00
E-VAT  –  985,680.00
Total Contract Price  – 9,199,680.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME
Option A
20% Down payment 12 mos. to pay Less Reservation Fee  –  149,161.33

Option B
20% Outright Down payment 55 Discount Less reservation Fee  –  1,697,939.20

Option  C
Outright Cash 6% Discount Less reservation Fee  –  8,597,699.20

80% Balance Thru Bank Loan  –  7,7,359,744.00

Floor / Unit  –  19th Floor / 1908
Unit Type  –  Studio
Floor Area  –  76 sq. m.
Ext Bal Area  –  0
Total Area  –  76 sq. m.
Price for Unit  –
E-VAT  –  1,672,800.00
Total Contract Price  –  15,612,800.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME
Option A
20% Down payment 12 mos. to pay Less Reservation Fee  –  256,046.67

Option B
20% Outright Down payment 55 Discount Less reservation Fee  –  2,916,432.00

Option  C
Outright Cash 6% Discount Less reservation Fee  –  14,626,032.00

80% Balance Thru Bank Loan  –  12,490,240.00

NOTE :
*  Total Contract Price is Exclusive of Miscellaneous Fees – these are taxes associated with the transfer of Title and other            expenses charge to Buyer’s Account
*  Units with * sign is either corner unit or an end unit
*  Floor Area is inclusive of the regular balcony

LEGEND:
*  Corner Units
AV Sea View
C Facing Crimson

Ownership info in the Contract to Sell ( CTS ) is deemed final; change in ownership thereafter CTS will be charged 50,000.00 fee.

PHOTOS

 

SOUTH REEF, an 18 –storey building beside Reef Residences, has a Total Floor Area of 14, 911 square meters. This is a condominium-condotel mixed project, where condotel rooms of 34 or 40 square meters are available for short-term residents.  The home-grown, high-end Abaca Hotel is integrated into the development, providing the luxurious, boutique hotel experience renowned globally.   Two prime front units are available as residences only; an Executive Studio and a 1-bedroom unit with about 70 and 90 square meters respectively inclusive of the wrap-around balcony.

SOUTH REEF CEBU HOTEL + RESIDENCES

The Reef south Hotel and Residences

Floor / Unit  –  3rd  Floor / 302
Unit Type  –  Studio B
Floor Area  –  40 sq. m.
Ext Bal Area  –  0

Total Area  –  40 sq. m.
Price for Unit  –  5,440,893.00
E-VAT  –
Total Contract Price  –  5,440,893.00
Reservation Fee  –  50,000.00

PAYMENT SCHEME
Option A
30% Down payment 18 mos. to pay Less Reservation Fee  –  87,903.77

Option B
20% Outright Down payment 5% Discount Less reservation Fee  –  983,769.67

Option  C
30% Outright DP 5% Discount Less reservation Fee  – 1,500,654.51

Option D
50% Outright DP 6% Discount Less Reservation Fee  –  2,507,219.71

Option E
Outright Cash 8% Discount Less Reservation Fee  –  4,955,621.56

NOTE :
1. Reservation Fee :  50,000.00
2.  Miscellaneous Fee :  4.50%
3.  Parking ( Optional ) :  850,000.00

FOR CONDOTEL UNITS ( SHADED ) :  500,000.00
( Furnishing $ appliances )
Floor Area is inclusive of the regular balcony

PHOTO

The Reef South pool

For more info & for site viewing:
Pls. Contact:

CAROL N. CALIBO
Investment Manager
MauRealty & Brokerage
HLURB-CVRFO-A-11/17-0514

email ad:    carol_calibo16@yahoo.com
gmail:           carolina.calibo16@gmail.com

Tel:                (032) 516-5441 / (032)402-1687
Sun:              +639255003410 / +639329691358
Globe:          +639176207235

 

 

 

 

 

 

 

 

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Disclaimer: All prices, discounts, promotions, etc. are subject to change without prior notice. We usually update every now and then once prices, availability and other details changes. Information and details presented may not be necessarily final but for those interested buyers are requested to contact us for the latest update. Nothing contained herein shall constitute a contract.
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