Payment Terms

Avida Towers Global City Taguig‘s Price Ranges 

Approximately
One Bedroom  Floor Area 37.42 sqm – P 2.9M to 3.7M
Two Bedroom  Floor Area 53.50 sqm – P 4.8M to 5.4M

Standard Payment Terms for Avida Towers:

1.  Spot Cash – 9% discount on the selling price

2.  Deferred Cash – 24 months to pay at 0% interest

3.  Deferred Cash with spot down payment – 20% Spot down payment and balance of  80% payable in 23 months at 0% interest.  There is 5% discount on the down payment for this scheme.

4. In House Financing available for the 80% balance at 18% fixed interest for 5 or 10 years.
Down payment options for In House Financing are as follows:

• Spot Full 20% down payment with 5% discount on the down payment.
• Stretched 20% down payment for 8 months at zero percent interest.

5.   Bank Financing is available for BPI / BPI Family Bank for 5 or 10 years, at prevailing bank rates.

6.  Or through BPI Family Bank’s step up housing loan program for 15-20 years, at 10% equity.

7.  Other bank’s financing are also available at their current rates. (approximately 10%-11.5% interest for 10 or 15 years).

Payment terms may change, promos  and discounts not included. Promo discounts will be included on the requested sample computation on the month it is applicable.

Avida Towers -Global City Availlability & Pricelist
[subject for real time verification with your Property Consultant]

Buying through Bank
[How to compute monthly amortization]

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Documentary Requirement

Documentary Requirements in Buying Avida Towers

For Balikbayan (Returnees)

For Individuals
1. Photocopy of residence certificate or passport.
2. Taxpayer’s Identification Number (TIN).
3. Photocopy of valid ID with picture & signature of buyer(s).
4. 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application.)
5. For married individuals, photocopy of marriage certificate.

Note: For married individuals, both spouses need to submit requirements 1, 2, & 3.
For Corporate Accounts
1. Photocopy of By-Laws of the Company.
2. Photocopy of Articles of Incorporation.
3. Notarized Board Resolution of the Company or Secretary’s Certificate stating the ff.

The date and place of the board meeting
That a quorum was present in approving the board resolution
That the board authorized the purchase of the property
The designated signatory for the sale documents
The designated playing representatives for corporate golf shares

 

4. Residence Certificate of the Company and appointed representative(s).
5. TIN of the Company and appointed representative(s).
6. 2 Original kind of proofs of billing of the corporation (not the

 

 

 

 

 

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