Lot for Sale- Mambago A, Samal Island

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Lot For Sale - Samal Island
Lot Area: 150sqm - 500sqm

This is an 18.5 hectares property with a 500 meter frontage. This beautiful property is in Mambago A, Island Garden City of Samal. It's about 1.1 km from Central Warehouse. And walking distance to the proposed market and
bus station of Samal. It's only 10mins away from beach resorts and the famous Hagimit Falls of Samal.
Accessible by public transportation, ie: buses from Davao City pass by the property all day long. Light and water lines are available in the area.
Sample Computation:
A) Residential Area: (minimum price)
Lot Area: 150sqm P300,000.00
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Payment Scheme:
3 yrs to pay @ zero interest P8,333.30
5 years term
1st 3yrs @ zero interest P5,000.00
4th to 5th yr @ 12% p.a. 5,648.00
B) Commercial Area:
Lot Area: 500sqm P1,750,000.00
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Payment Scheme:
Downpayment 20% P 350,000.00
Less: Res. Fee 20,000.00
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Net Downpayment P 330,000.00
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Payable in 3 months P 110,000.00 per month
80% Balance :
3yrs term @ zero interest P38,888.90
5yrs term:
1st 3yrs @ zero interest P23,333.30
4th-5th yr @ 12% p.a. 26,361.20

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