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LOTUS DE CATALUÑA


Sampaloc, Manila

Property Type Condotel
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Description

Experience an exceptional Condotel lifestyle at the heart of Sampaloc

Lotus de Cataluña is a Condotel in Manila, one of the top cities in Metro Manila. Lotus de Cataluña provides its residents with a lifestyle of privilege that many people can only dream of. Lotus de Cataluña 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 Lotus de Cataluña worth every cent. Properties within Manila area are quite strategically-located that's why owning a Condotel 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. Lotus de Cataluña is in a prime location in Sampaloc, Metro Manila, within a convenient distance from establishments like schools, churches, malls, offices and restaurants, making a Lotus de Cataluña purchase perfect for those starting a family, a student or a professional looking for a place near their work and school.



Affordable Loans You Can Get To Buy a New Condotel



There are a lot of affordable housing loans that you can consider to help you buy the new  you’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.

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Available Listing on this Project

Lot Area: 300 square meters with additional vacant lot of 150 sqm (in Eloisa Street) Frontage: 20 meters Description: 110 condo units Monthly Income before pandemic: Php1.2 Million per month (more or less) Price: P400 Million
Contact agent for price
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Location

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Project ID 5261 Last updated on: 08/04/2021
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