In Punta Engaño, Lapu-Lapu, Philippines.
At the tip of the gulf lies a paradise you can call home. Listen as the distant crash of the waves against the shore graces your ears. Wake up to the sunrise glistening off the aquamarine waters. This is Discovery Bay, the subdivision housing Sta. Lucia Realty's new property, Arterra, perched at the very edge of the famed diving destination, Punta Engano, on Mactan Island. This latest development is a celebration of a life lived in harmony with nature.
Arterra Bayfront Residences springs forth at the tip of the exquisite Maribago coastline, granting you a truly panoramic view of the ocean. Apart from the breathtaking sight, the location is as brilliantly strategic - Arterra is situated on the same strip as the most popular 5-star hotels, and the international airport only a 20-minute drive away.
Facilities and Amenities:
Veranda / Viewing Deck
- Start of Floor Residential Units
3rd to 5th Floor Hotel
2nd Floor Parking
Ground Floor Lobby and North
Peninsula and Resort Club.
Experience an exceptional residential Condominium lifestyle at the heart of Lapu-Lapu
Arterra Residences by Sta. Lucia Realty and Devt. Corp. is a residential Condominium in Lapu-Lapu, one of the top cities in Punta EngaÃ±o. Arterra Residences provides its residents with a lifestyle of privilege that many people can only dream of. Sta. Lucia Realty and Devt. Corp. is yet again breaking the boundaries of residential living by bringing comfort and affordability, ensuring residents live the life they deserve as they create more amazing memories with their families.
These makes getting a unit at Arterra Residences worth every cent. Properties within Cebu area are quite strategically-located that's why owning a Condominium is a worthwhile investment one can make.
Choosing the right location is one of the first and main factors in deciding when buying or renting a property. Arterra Residences is in a prime location in Cebu, Lapu-Lapu, within a convenient distance from establishments like schools, churches, malls, offices and restaurants, making a Arterra Residences purchase perfect for those starting a family, a student or a professional looking for a place near their work and school.
Affordable Housing Loans You Can Get To Buy a New Condominium
There are a lot of affordable housing loans that you can consider to help you buy the new Condominium youâ€™ve been dreaming of.
PAG IBIG Housing Loan (HDMF)
One of the most popular ones is the PAG-IBIG Housing Loan or the Home Development Mutual Fund (HDMF for short), a fund dedicated to the creation and establishment of a national savings program and an affordable shelter financing scheme for Filipinos.
The PAG-IBIG Housing Loan allow members to borrow money from the fund for the purchase of property or for the renovation or improvement of existing properties.
Most of the employed Filipinos have PAG-IBIG accounts because the government requires this to all employers.
Pag-IBIG Fund members can pay off their housing loan for as long as 30 years.
Commercial Bank Housing Loans
There are tons of major banks in the Philippines that offers housing loan with much affordable interest rates than PAG-IBIG.
Housing loan interest rates charged by major commercial banks range from 4.99% to 7.5% for one-year fixed loan period and 7.5% to 9.75% for a ten-year fixed period mortgage. Banko Sentral ng Pilipinas (BSP) has now kept its policy rate at 4.57% for overnight borrowing.
Commercial banks offer loan terms of up to 20 to 25 years, but in some cases, the term might depend on the purpose of the loan.