Affordable townhouse in Mactan Island, Cebu is the best choice for homebuyers. Dubbed as the "starter home" for Filipino families, a townhouse is the most affordable houses in the Philippines. A study found out that 80% of the homebuyers (ages 35-45 years old) prefer to buy a townhouse. It is bigger than a condo unit but much cheaper than single family house.
The One Story Rownhouse
This unit is called ANGEL. It has 2 bedrooms and space for living room and dining room. Outside, it has spacious kitchen, service area, and toilet and bath. It has 27.75 sqm floor area in a 36 sqm lot. You can find this unit in two subdivision projects in Basak-Sudtunggan and Mahayahay-Maribago in Mactan Island, Cebu.
The subdivisions have License to Sell (LTS) issued by the Housing and Land Use Regulatory Board (HLURC), now called the Department of Human Settlements and Urban Development (DHSUD), the housing authority in the Philippines. The LTS assured you, among others, the capability of the developer to undertake the subdivision project, the land title is clean and ready to be transfered to the buyers, and the structural integrity of the housing. Therefore, you have peace of mind. Both subdivisions are near full development: entance gate with guardhouse, concrete road, concrete perimeter fence, underground drainage system, etc. In fact, the first subdivision has already residents. It means the water and light facilities are already installed in the subdivision and you can immediately connect to them.
The unit is delivered as Finished Unit. Both the interior and the exterior are painted. The bedrooms have doors, the ceilings are done, the windows and doors are done. In short, it is ready to use. Just bring in your appliances and personal belongings. No need to repair.The house-and-lot can be availed through the bank home financing and the Pag-IBIG Housing Loan. If you avail the Pag-IBIG Housing Loan, the loanable amount is P450,000 and the estimated monthly amortization is P1,897 per month for 30 years. You can contact me for other financing options.The Total Contract Price of the property is P1,350,000, excluding the P75,000 transfer charges and move-in fees. The Home Equity (or required down payment) for this property is P895,000 payable in 48 months. It means that you monthly equity is P18,645 per month for 48 months. You can move-in after you fully paid the Home Equity, the Transfer Charges/Move-in Fees, and the release of your Home Loan (Pag-IBIG or Bank).Two Story Townhouse
If I am the house buyer, I would buy this two-story townhouse, which is also available in the same subdivisions. The unit is called Mary Angelique.
This unit is bigger than Angel Unit. It has floor area of 35.75 sqm in a 44 sqm lot. The house concept is unique: You can move-in and use the first floor. However, you have the option to build your second floor. Compared to other 2 story townhouse, the price difference is remarkable. You are practically buying a one story townhouse but, when you have a budget, you can build it as a 2-story townhouse. In fact, when you transfer all the bedrooms in the second floor (2-3 bedrooms with toilet and bath), you will enjoy a spacious living room, dining area, and kitchen. Contact me and let us visit this place and we will discuss how can you plan this house for your family. The Total Contract Price of this property is P1,710 and your monthly amortization is P4,704.
Check out this list of townhouses in Mactan Island, Cebu. Maybe, you can find one for your family. These are budget townhouses and easy to avail.
