LUSH RESIDENCES

SAMPLE COMPUTATION ONLY

10% PAYABLE IN 24 MOS.: 90% BANK / PAG-IBIG  Financing

Price Range: Php 3,400,000- Php 5,300,000 

Sample Unit Computation Flexi End: 29.76sqm

Total Contract Price:        4,522,137.75

10% DOWNPAYMENT:       452, 213.78

Less: RESERVATION FEE:  15,000

Net 10% Downpayment:   437,213.78

MONTHS TO PAY:       24 Months

Monthly Downpayment 10%:   18,217.24

90% BANK /PAG-IBIG HOUSING FINANCING :    4,069,923.98

*Disclaimer: Price may change without prior notice.

Services:

• Front desk 

• Doorman Services

• Professional Property Management

• Wifi-Ready Area

Units: 

• 2 Bedroom Unit with Balcony

• 1 Bedroom End Unit with Balcony

• 1 Bedroom with Balcony

• 1 Bedroom with Den

• 1 Bedroom

• Studio Unit with Balcony

• Studio

Amenities

• Swimming Pools

• Function Rooms

• Commercial Area

• Sky Garden

• Podium Garden

• Fitness Gym

• Children's Playground

• Wi-Fi Ready Areas

• Podium Garden

• 24-Hour Security

• Mapua University Makati - 5 minutes by car, 8 minutes by walking

• Centro Escolar University Makati - 7 minutes by car, 15 minutes by walking

• Don Bosco Technical Institute Makati - 8 minutes by car, 15 minutes walking

• Far Eastern University Makati - 9 minutes by car, 18 minutes by walking

• Assumption College Makati - 8 minutes by car, 17 minutes by walking

• Colegio San Agustin Makati - 12 minutes by car, 23 minutes by walking

• Asian Institute of Management - 10 minutes by car, 22 minutes by walking

• Ateneo Graduate School of Business - 10 minutes by car, 21 minutes by walking

• De La Salle University Graduate School of Business - 12 minutes by car, 27 minutes by walking

• Colegio de San Juan de Letran Graduate School - 14 minutes by car, 29 minutes by walking

Please keep in mind that these estimates are based on typical traffic and walking conditions and may vary depending on the time of day and other factors. 

• Makati Medical Center - 2.2 km, 8-10 minutes by car

• St. Luke's Medical Center Global City - 5.3 km, 20-25 minutes by car

• Ospital ng Makati - 2.4 km, 9-12 minutes by car

• Medical Tower Makati - 1.2 km, 5-7 minutes by car

• QualiMed Makati - 1.6 km, 6-8 minutes by car

Please note that travel times can vary greatly depending on traffic conditions and other factors. Additionally, these estimates are based on a car as the mode of transportation. Walking or other modes of transportation may take longer. 

• Makati Central Business District - 2.2 km, 8-10 minutes

• Ayala Triangle Gardens - 1.5 km, 5-7 minutes

• Glorietta and Greenbelt Malls - 2.5 km, 10-15 minutes

• SM Makati - 1.5 km, 5-7 minutes

• Power Plant Mall in Rockwell - 5 km, 15-20 minutes

• Bonifacio Global City - 6 km, 20-25 minutes

• Ninoy Aquino International Airport - 8 km, 20-30 minutes

Please note that travel times can vary depending on traffic conditions and other factors, and these are just rough estimates based on car transportation. Additionally, there are many other establishments and landmarks in the area that may be of interest.

What are the real estate property taxes in the Philippines?

• Real Property Tax - this is an annual tax imposed on the owner of the real property based on the assessed value of the property.

• Capital Gains Tax - this is a tax on the gain from the sale, exchange, or other disposition of a real property, which is 6% of the gross selling price, zonal value, or fair market value, whichever is higher.

• Documentary Stamp Tax - this is a tax on the documents related to the transfer of real property, such as deeds of sale, mortgages, and lease agreements. The rate is usually 1.5% of the transaction value.

• Value Added Tax - this is a tax on the sale or lease of goods and services, including real properties, which is currently at 12% of the selling price or gross lease.

What is the current real estate market like?

The current real estate market can vary depending on location and the specific market conditions, but it is important to keep an eye on local and national trends, as well as the economy and interest rates, to get a general understanding of the market.

How do I determine the value of a property?

The value of a property can be determined through a professional appraisal, a comparative market analysis, or by using online tools like Zillow's Zestimate. However, these methods can provide only a rough estimate of the property's value and a professional appraisal by a licensed appraiser is typically the most accurate. 

What is the home-buying process like?

The home-buying process typically involves finding a property, making an offer, having the property inspected, and finalizing the purchase with a closing. The process can take several weeks to several months, depending on the complexity of the transaction. 

What are some tips for first-time homebuyers?

Some tips for first-time home buyers include: saving for a down payment, getting pre-approved for a mortgage, researching the neighborhood and local schools, hiring a good real estate agent, and having a contingency plan in case the deal falls through. 

How do I know if a property is a good investment?

A property is considered a good investment if it is expected to appreciate in value over time, generate rental income, and have a low cost of ownership. Factors such as location, the local real estate market, and the condition of the property can all affect whether a property is a good investment.

How do I finance a real estate purchase?

A real estate purchase can be financed through a mortgage, a home equity loan, or a cash purchase. It is important to compare rates and terms from several lenders to find the best financing option.

What are some common pitfalls to avoid when buying a property?

Some common pitfalls to avoid when buying a property include: overpaying for the property, not getting a professional inspection, not having a contingency plan in case the deal falls through, and not researching the neighborhood and local schools.

What is the role of a real estate attorney in the home-buying process?

A real estate attorney can help with legal aspects of the home buying process, such as reviewing the purchase contract, conducting a title search, and handling the closing.

How can I make my home more attractive to potential buyers?

Making a home more attractive to potential buyers can be done by decluttering, doing minor repairs, staging the property, and making the property feel welcoming and inviting.

What are some factors that can affect property value?

Some factors that can affect property value include location, local real estate market conditions, the condition of the property, the local economy, and interest rates.

How do I prepare my home for sale?

Preparing a home for sale can include decluttering, doing minor repairs, staging the property, and making the property feel welcoming and inviting to potential buyers.