Avida Towers Cebu is a place where everything feels secure, including your future.  Located in Asiatown IT Park, it is now possible to live in an exciting, fast-paced city without the stress and the rush.
This residential property bears all the hallmarks of a sound investment.  With superior property management and unparalleled security, this home is more than a roof over your head. It is the future built for you. Experience life according to Avida.

The project is located within Asiatown IT Park (Phase 2), an integrated special economic zone and modern trading center in Cebu City.  This connects to major thoroughfares that lead to the Mactan International Airport and Cebu International Port.  It has easy access to shopping areas, restaurants, schools, hotels, hospitals, churches, and golf courses.

 

The development has a total land area of 6,262 sqms. It is a master planned community of 2 affordable towers. The elongated orientation of the lot sets apart the towers for optimizing views and ventilation.
Tower 1 will be a 25-storey condominium building. The first 3 floors will be allocated for the parking areas while the remaining 22 floors will be for the 518 residential units. 
There will be 14 garden units in the 1st residential floor located at the podium level while the 2nd to the 22nd levels will house the 24 units per floor.
The main amenity area will be placed on the podium level at the fourth floor to provide privacy and exclusivity.
Units 1, 23, 24 and 25 are facing the Mountain Range.
Units 10, 11, 12 and 14 are facing the East / Amenity Area / AITP
Units 14 to 23 are facing AITP Phase 2
 
Features & Amenities
Community Amenities (located on Podium Level)
1.      Clubhouse with Function Hall (located in Tower 1) – internet (Wi-Fi) ready
2.      Adult & Kiddie Swimming Pool
3.      Children's Play Area
4.      Outdoor Gym / Fitness Stations
5.      Jogging Path
6.      Garden Area (maximized green area and open spaces)
 
Building Features
1.      Main lobby for each building
2.      Three (3) elevator units per tower
3.      Admin room
4.      Utility room
5.      Emergency power
6.      Garbage chute per level
7.      Fire protection/alarm system
8.      Mailbox per unit located at the lobby
9.      Transformer Vault & Genset Room to be located at the ground floor level
 
 
 
Project Milestones
Project Launch                                                 June 2010
Tower 1 Completion                                       June 2013
Tower 1 Turnover                                           3rd Quarter of 2013
Tower 2 Launch                                              *subject to Tower 1 Take-up
Tower 2 Completion & Turnover                  *subject to Tower 2 launch
Amenity Completion                                      4th Quarter of  2013

 Options available to buyers/investors are studio, 1-bedroom, and 2-bedroom units. The 1-bedroom unit will have 5 designs:  square, Z-type, R-type, F-type and inverted R-type.  Great features of the units are the expansive/ panoramic windows and the grease trap under the kitchen sink. Following are the floor area and price range for Tower 1:

Studio Unit
22.08 sqms.
Php 1.56Mn – P1.66Mn

1-Bedroom Unit
34.44 – 36.66 sqms
Php 2.4Mn – P2.9Mn

2-Bedroom Unit
52.5 sqms
Php 4.3Mn - P4.5Mn

Payment Options are:
1.   Spot Cash at 9% discount
      ·   95% payable within 30 days from reservation
      ·     5% balance payable on December 2010

2.   Two (2) years installment payment without interest
      ·  20% Spot DP at 5% discount
      ·  80% balance payable in 23 months

3.   Bank Financing (20/80)
      ·   20% Spot DP at 5% discount
      ·   80% balance payable thru accredited banks
Interest Rate: 8.5% to 11%

Term: maximum of 15 years

 Tower 1 is almost sold out.  Tower 2 will be launched anytime soon.

 


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