mongpong property

8/14/2019 Mongpong Property

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PRIME

RESIDENTIALPROPERTY

forSale

Brgy. Mongpong

Roxas City, Philippines(as of May 2007)


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Property Details

Lot Area

2,774.00 sq.m.

Location

Along Mong Pong Road

Vicinity3 minutes to City Center

3 minutes to Dumulog Coastline

5 minutes to BayBay Beach

Lot Dimensions (approximate)30.51 m x 90.95 m

Perimeter = 511 m

Zoning/Use

Residential

Remarks

Clean Title/ Free from encumbrances

Land Taxes paid and updated


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Vicinity Map

The Property lies within 3 minutes from the Center of Roxas City. Private & Public schools,

government offices, the beach, the Hospitals, 2 Commercial Malls and Commercial Centers

are within short driving distance of the property.


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Location Map

The Property (highlighted in yellow) is comprised of 2,774 sq.m. and covered by a singular

TCT (Torrens Certificate of Title). The property perimeter is 511 m., more or less, and is

rectangular in shape. The main Mong Pong Road from Legazpi St. (Banica) to Dumulog

Coastline traverses the property boundary itself.

Lot 965-A

A=2,774 sq.m.


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Lot Plan

Mongpong Road

A quarter hectare of clean titled property (2,774 sq.m. ) free form encumbrances, offers

numerous options for development and use. Its proximity to the City center and availability

of utilities makes the property prime. The property can further be subdivided into ample

lots or developed into a mixed use complex.


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Current Photographs


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Immediate Vicinity

StatelyHomes

GoodRoads

Fresh Uncongested Neighborhood


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Actual Perimeter

The property is bounded by a 511 meter perimeter along the main road. Dimensions are

Lenth = 90.95 m and Width = 30.51 m.


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Recommended

Alternative Uses

Investment Landholding Subdivision Development

Low Rise Townhouse, Condominium

Complex

Residential Compound

Mixed Use Development


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Investment Landholding

Investments in real estate are still the most secure investments.Land value appreciates as the need arises in time.

Roxas Citys population has been constantly growing, partly due tomigration from the municipalities, the capital being the commercialcenter of the province.

As of the Census of 2002, Roxas citys household occupancy ratewas nearly 100%, hence the demand for residential property ishigh, resulting to the constant rise in land prices.

Almost 100 percent occupancy rateIn Capiz, there were 127,164 housingunits, of which 127,150 were occupied by 128,569 households. An occupancy rate of 99.99percent was recorded, higher by 1.02 percentage points than the 1990 figure (97.75 percent).More than 95 percent of the occupied housing units in Capiz were single houses.Of theoccupied housing units, majority (71.6 percent) did not need repair or if needed one, withminor repair only while almost 19 percent needed major repair. Two out of five occupiedhousing units were relatively new, built from1996 to 2000.

source: http://www.census.gov.ph/data/pressrelease/2002/pr0276tx.html


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Suggested Use:Proposed Subdivision Development

The Propertys 2,774 sq.m. is large enough to be subdivided into

18-20 lots of 125-150 sq. m. each.

Subdivision Road

Lot 965-A

Total Area = 2,774 sq.m.

Approximate Area per lot = 125 sq.m.

30.

51m

90.95 m

A B C D E F G H I J

K L M N O P Q R S

Entrance Gate/

Guard House


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Suggested Use: Low RiseTownhouse, Condominium Complex

Lot 965-A

2,774 sq.m.30.51m

90.95 m

Main Mongpong Road


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Suggested Use:

Large LotResidential Compound

30.51m

90.95 m

Main Mongpong Road

GARDEN

Lot 965-A

Total Area = 2,774 sq.m.

4 LOTS @Approximate Area per lot = 685 sq.m.

HOUSEPOOL

GARDENHOUSE

POOL

GARDEN

GARDEN

HOUSEPOOL

POOLHOUSE

ROAD


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Asking Price& Terms

Asking Price = $85 per sq.m. (negotiable)

Payment terms

Cash on Delivery of Sale Intsrument, Land Title and TaxDeclaration. (Torrens Certificate of Title)

Reservation Fee - $20,000 valid for 45 days to hold theproperty. Execution of Contract to Sell indicating validityperiod & terms of Reservation.

Full Payment - Execution of Sale Documents, duly Notarized

and Delivery of Transfer Certificate of Title and TaxDeclarations.

Taxes

VAT (12%) - for the account of the buyer

Witholding Tax & Documentary Stamps - for the accountof the buyer

Capital Gains Tax - for the account of the seller

Transfer & Titling Fees

For the account of the buyer.


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Contact Details

Contact

Cecile Ignacio

Mobile No.: +63 917 9065222

E-Mail : [email protected]

Mike Ignacio Mobile No.: +63 917 9091112

E-Mail : [email protected]

IGNACIO HOLDINGS