Update, October 2013:
Vivaldi Residences is a 32 level of Hotel and Residential complex and will be excellent for business, pleasure and the comfort of a second home. Lot Area is approximately 1,000 sq.m. (All units with Commercial Arcade).
Kinds of Units:
- Studio (17-25 M2),
- 1 Bedroom (28-42 M2),
- 2 Bedroom: Tandem units studio combined with one bedroom condotel/condormitel: 16 sq.m
- Basement 1 & 2 : Parking Slots
- Ground Floor : Hotel & Condo, Lobbies, Coffee Shop, Arcade, Office, Front Desk
- 2nd – 4th floor: Function 1 & 2, Kitchen, Registration, Condotel
- 5th – 7th floors : Condotel Units
- 8th – 14th floors : Dorm-Type Pads
- 15th – 31st floors : Amenities
- 33rd floor: Penthouse Units
- 34th floor: View Deck
- Central Information and Assistance Counter.
- Two (2) elevators each for Hotel and Condo with close circuit TV feature to service the residential units.
- Automatic Fire Suppression System working in tandem with a central fire alarm system.
- Emergency power back-up system for Common area facilities and equipment.
- (2) fire exit stairs equipped with pressurization blowers to minimize the entry of smoke inside the stairwell during fire.
- Public comfort rooms at the ground floor are provided for retail & building guests use.
- Dual, underground and elevated water tank system assures ample water supply for daily consumption and fire reserve.
- Closed Circuit TV at the residential elevator lobby security counter at the ground floor.
- Parking levels feature a fully automated 24 hrs. traffic alarm signaling system.
- Garbage chute.
- Multi-purpose function room, swimming pool, gym, children’s playground, multi-purpose deck and jogging area located at the amenities and roof deck levels.
- Twenty four (24) hours association security.
- Maintenance and janitorial services for common facilities by the association.
- Storage units are available for sale.
- Provision for window type air-conditioner outlet
- Centralized individual self-service mailbox
- Individual TV outlets with MATV services provided by the Condominium Association.
- Built-in kitchen cabinets and bedroom closets for all units.
- Counter top stove outlet provisions for studios, 1-bedroom and 2-bedroom units while electric range outlet provision is standard for 3-bedroom units.
- Unit’s emergency power based on provision by the Developer.
- Provision for toilet exhaust fan tapping in selected units.
- Exhaust pipe provision for kitchen on all units.
- Two (2) and three (3) bedroom units are provided with door bell.
- Water heater tapping provision at the toilet and bath of the master’s bedroom for two (2) and three (3) bedroom units.
- Power and space provision for single tub washing machine in all units.
Projected Delivery: October 2015.
Php 75,000/sq.m. for the residential/dorm-type pads
Php 100,000/sq.m. for the condotel.
Studio Size: 16 sq.m (approx.).
1 Bedroom 35 sq. m.(approx.)
2 Bedroom 50 sq. m. (approx.)
Easy Payment Terms:
(Note: For Announcement Purposes Only – Price/term might change without prior notice)
10% – 50% Spot Downpayment with discount, Balance 32 months (No interest with PDC's)
20% Spot Down Payment with discount
80% Balance monthly amortization starts on the 33rd month.
10% Spot Downpayment , 10% Balance Down Payment (32 months No interest with pdc.), 80% balance starts on the 33rd month)
10% 32 months no interest with pdc, 10% balance DP on the 32nd month. , 80% Balance starts on the 33rd month.
20% Down payment in 32 months, 80% Balance starts on the 33rd month.
15 years with 18% interest p.a
10 years with 15% interest p.a
5 years with 13.5% interest p.a.
For Bank Financing:
Estimated 7.5%- 8% for BDO & PNB (You can check with your preferred bank).
Check payable to EURO TOWERS INTERNATIONAL, INC
Sample Computation for Condormitel (Condo - Dormitory)
Floor Area: 16 sq. m. @ Php75,000/sq.m. Studio
Total Contract Price: Php 1.2 M
20% DP Php 240,000 Spot or installment (32 mos.) Php 7,500./mo.
10% DP Php 120,000 Spot or Installment (32 mos.) approx.
Php 3,750/mo., balance
10% DP Php120,000 Balloon on the 33rd month
80% Bal. Bank Financing/In-house (especially for condotel)
Residential Unit: Php15,000.00
Condotel: Php 25,000.00
Sample Computation for Dorm Pad:
Floor Area: 15.12 sqm
Total Contract Price: Php 1,134,000.00
Reservation Fee: Php 15,000
10% Downpayment: Php 113,400.00
Monthly DP for 32 mos: Php 3,543.75 (32 mos.)
80% Balance Bank Financing
Monthly Amort. :
15 yrs: Php 10,887.93
10 yrs: Php 11,988.00
5 yrs : Php 18,394.00
Hotel Operations target to start on 2014.
Turn over target is August 2015.
What is a Condotel?
Condotel units are residential units converted to fully furnished hotel rooms that are enrolled and pooled under a Lease-Management arrangement with a hotel operator. Condotel Buyers would then earn with a share of the revenue/ profit from the hotel operations.
Why is Condotel a good investment?
- Security and Stability. Like regular condominium unit, a Condotel investment is secured and authenticated by a Certificate of Title issued by the local Registry of Deeds.
- Better than Conventional Condo Leasing. Since the condo unit is managed by a professional Hotel Operator/Management company. A Condotel Owner enjoys the following:
- Assured Monthly Income whether the unit is rented or not.
- Higher Yield with a condo unit upgraded to a value -added hotel room.
- Assured Upkeep of the unit.
- Free Periods of Stay and use of the Hotel Facilities
- Worry-free collection of Monthly Income directly credited to the Owner’s bank account.
- Prompt Payment of Payables – Association Dues, Taxes, Insurance and Utility Bills
- Better than a Bank Deposit
- Much Higher Yield – at least triple the interest on time deposits.
- Real Estate Asset Appreciation
- Best Hedge against inflation
Disclaimer: For Announcement Purposes Only
Update, Aug. 13, 2013:
We are accepting LOI (Letter of Intent to Buy) for this project.
Secure your LOI and be the one of our first priority on our upcoming Sales Acceptance this September.
Vivaldi Residences Davao soon to rise in the heart of Davao City.
A prime developer in the Philippines will start soon on their second condominium project in Davao City.
The company was successfully launched and sold the Vivaldi Residences/ Euro Towers in Quezon City.
Vivaldi Residences Davao is a 33-storey Hotel and a Residential complex, located within the heart of the city, This is ideal for business offices and also good as second home for businessman/businesswoman alike. And since it is located infront of one of the prestigious university in Davao (Ateneo De Davao University), it is also ideal for those students who want to own a studio unit in this project.
Brief Info of the project:
Project name : Vivaldi Residences Davao
Location : C.M. Recto St. (former Claveria St.) corner Magsaysay Avenue, Davao City.
Developer : Euro Towers International, Inc.
Projected delivery : October 2015
For more Info and Free Site Viewing,
Call/Text to inquire:
0932 861 2773 (Sun)
0929 412 6352 (Smart)
0927 385 2145 (Globe)
Or U may visit: Ree Amante Contact details
Disclaimer: For Announcement Purposes Only