1- BR condo unit (Pre-Development) in Mactan, Cebu

Location: Punta Engaño, Lapu-Lapu City, Cebu

Behind BE RESIDENCES is a history from the successful creation and running of companies long associated with Cebu and its growth. Among them are the only Filipino wholly-owned cement manufacturer Mabuhay Filcement Inc., and the global furniture brand Berben Wood. Entering the hospitality industry in 2008, the same group has made its BE Hotels and Resorts a preferred choice among tourism and business travellers.

Balai by BE Residences is a seaside condo living in Punta Engaño right across BE Resort. An 18-storey building with 466 residential units. The development will offer a new residential concept that combines flats and multi-storied units of varied configurations, all within a beautifully unique tower.

Target Turnover: 4th-Q 2024

Amenities:

24/7 Security System
Duwa – play area
Dayon – lounge, swimming pool
Obra – open co-working spaces
Tapok – lounge areas
Tugkaran – green and landscape

Accessibility:

Mactan-Cebu International Airport – 8.8km
The Mactan Newtown – 2.3km
Mactan Shrine – 1.3km
Shangri-La’s Mactan Resort – 1.2km
Movenpick Hotel and Resort – 550m
Dusit Thani Mactan – 2.7km

Sample Computation:

1 Bedroom Unit

Floor Area: 37.80 sqm.
Total Contract Price: Php 4,865,600.00
Reservation Fee:  Php 25,000.00
20% Equity net of RF(reservation fee): Php 948,120.00
Payable in 42 months:  Php 22,574.29

80% Cash or Bank Financing : Php 3,892,480.00

Estimated Monthly Amortization @ 7% p.a.
5 years =  Php 77,075.77
10 years = Php 45,194.99
15 years = Php 34,986.71
20 years = Php 30,178.36

100% Foreign Lifetime Ownership