38 Park Avenue Condo for Sale in IT Park Cebu City

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November 8, 2023 update

38 Park Avenue Condo for Sale
- IT Park Apas, Cebu City, Philippines

38 Park Avenue Cebu IT Park

Reservation/purchasing of this unit can be done personally in the office OR online! All payments must be directly deposited to the 38 Park Avenue's bank account.

38 Park Avenue Condo Unit Types;

Introducing the tallest building in Cebu I.T. Park - the magnificent 38 Park Avenue! Boasting a grand atrium at the center of the tower, this luxurious residence is sure to impress Cebu's top business executives. The ultra-exclusive VIP units at the penthouse are a dream come true for those who crave the finest things in life.

Our studio and one-bedroom units are perfect for young professionals with a fast-paced lifestyle or for start-up families who want to enjoy the urban life. With more space than other developments in the area, 38 Park Avenue offers a unique residential experience that is sure to satisfy even the most discerning buyer.

The multi-level Sky Amenity Club is the perfect place to relax and unwind. It features a swimming pool, fitness gym, lounge and recreation areas, multi-functional hall, and kids' zone.

BUILDING DESCRIPTION:

Situated at the bustling PEZA accredited IT hub, 38 Park Avenue is the residential component of the soon-to-be-developed breathable space. It is part of a PHP5 billion mixed-use project, which includes an office tower and a retail boulevard.

38 Park Avenue in India St, Apas, Cebu City, 6000 Cebu, PH is the city’s landmark project commencing this year by El Camino Developers Inc – a 5 Company consortium.

IT PARK Cebu is a master-planned integrated community and the preferred address which is recognized as the Cebu city’s lifestyle and leisure center as well as being the preferred regional business address with a thriving live – work – play environment.

38 Park Avenue will consist of 745 units made up of 440 studios, 211 one bedroom condos, 75 two bedroom, 11 three bedroom condos and topped with 8 penthouses for sale.

With 745 meticulously designed units, 38 Park Avenue is truly an iconic building that will tower above the surrounding buildings, offering the best panoramic views of Cebu. The sky gardens located on the 31st, 33rd, 35th, 37th, and 39th floors provide ample external space for everyone to enjoy some time in the sun.

If you're looking to invest in the Philippines, look no further than Cebu and the prestigious 38 Park Avenue condos for sale. This property investment is sure to add value to your portfolio and provide you with an ideal address that will impress anyone who visits.

WORLD CLASS AMENITIES & FEATURES:

38 Storey high. The highest in Cebu I.T Park.
Ultra Exclusive VIP Units
3 levels of amenity at the 26th to the 28th floor.
2 Main Grand Lobbies (East & West)
3 Levels basement parking.
A Grand Atrium at the center of the tower
The Plaza - A green, open retail park.
Drop-off Entrance
High Ceiling Grand Lobby.
Sky Club Amenity Deck
Swimming Pool w/ Panoramic View.
Sky Lounge
Fitness Gym
Sky Gardens and Patio.
Multi-function Hall
Kids Zone.
24-Hour Security CCTV System
Green Wall.
100% Backup Generator
8 High-speed Elevators.
Automatic Sprinkler System
Domestic Water Tank.
Property Management Services.
Each unit meticulously designed for a Panoramic view of Cebu.

38 PARK AVENUE Studio

24.48 sqm studio unit condo for sale at 38 Park Avenue in IT Park Apas Cebu City.

www.cebu-realestateshop.com

Unit price: PhP 5,646,242
4th floor unit 24
Total contract price: PhP 6,097,941 VAT and transfer of title charges included.
Reservation fee: PhP 50,000.
10% Equity with 0% interest payable in;
◦ 36 months: PhP 15,600/month.
90% Balance through spot cash or bank financing: PhP 5,486,341.
ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
   ◦ 5 years: PhP 106,066/month
   ◦ 10 years: PhP 60,910/month.
   ◦ 15 years: PhP 46,297/month
   ◦ 20 years: PhP 39,306/month.
Transfer charges of PhP 451,699 already included the total contact price stated above and to be paid on or upon turnover. This is for title processing and registration.

38 PARK AVENUE 1 Bedroom with Balcony

54.13 sqm 1 bedroom condo unit for sale at 38 Park Avenue in Cebu IT Park.

www.cebu-realestateshop.com/

Unit selling price: PhP 12,249,245
2nd floor unit 18.
Total contract price: PhP 13,229,184 including VAT and transfer of title charges.
Reservation fee: PhP 50,000.
10% Equity with 0% interest payable in;
◦ 36 months: PhP 35,400/month.
90% Balance through spot cash or bank financing: PhP 11,904,784.
ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
   ◦ 5 years: PhP 230,153/month
   ◦ 10 years: PhP 132,168/month.
   ◦ 15 years: PhP 100,459/month
   ◦ 20 years: PhP 85,290/month.
Transfer charges of PhP 979,939 already included in the total contact price stated above and to be paid on or upon turnover. This is for title processing and registration.

38 PARK AVENUE 2 Bedroom with Maid's Room

2 bedroom sizes varies from 74 sqm to 103 sqm. The bigger the area the higher the price.

https://www.cebu-realestateshop.com

Unit selling price: PhP 19,002,212
30th floor unit 07.
Total contract price: PhP 20,522,389 including VAT and transfer of title charges.
Reservation fee: PhP 100,000.
10% Equity with 0% interest payable in;
◦ 36 months: PhP 54,300/month.
90% Balance through spot cash or bank financing: PhP 18,467,589.
ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
   ◦ 5 years: PhP 357,030/month
   ◦ 10 years: PhP 205,028/month.
   ◦ 15 years: PhP 155,840/month
   ◦ 20 years: PhP 132,308/month.
Transfer charges of PhP 1,520,177 already added in the total contact price and to be paid upon turnover. This is for title processing and registration.

38 PARK AVENUE 3 Bedroom with Maid's Room

SOLD OUT - 141.77 sqm 3 bedroom condo for sale at Cebu IT Park at 38 Park Avenue in Apas Cebu City. 1 unit remaining for 3 bedroom.

https://www.cebu-realestateshop.com/

Unit price: PhP 32,661,539 - SOLD OUT
34th floor unit 10
Total contract price: PhP 35,274,462 VAT and transfer of title charges included.
Reservation fee: PhP 100,000.
Equity with 5% discount:
◦ PhP 1,094,479 to be paid via PDC on/or before unit turnover.
90% Balance through spot cash or bank financing: PhP 31,747,016.
ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
   ◦ 5 years: PhP 613,759/month.
   ◦ 10 years: PhP 352,457/month
   ◦ 15 years: PhP 267,899/month
   ◦ 20 years: PhP 227,445/month.
Transfer charges of PhP 2,612,923 already included in the total contact price and to be paid upon turnover. This is for title processing and registration.

38 park avenue condo penthouse for sale 1

38 PARK AVENUE Penthouse

431.21 sqm 5 bedroom penthouse Unit condo for sale at 38 Park Avenue in Cebu IT Park.

Unit selling price: PhP 120,705,913
37 floor unit C.
Total contract price: PhP 130,362,386 including VAT and transfer of title charges.
Reservation fee: PhP 200,000.
10% Equity with 0% interest payable in;
◦ 36 months: PhP 356,600/month.
90% Balance through spot cash or bank financing: PhP 117,324,786.
ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
   ◦ 5 years: PhP 2,268,217/month
   ◦ 10 years: PhP 1,302,546/month.
   ◦ 15 years: PhP 990,053/month
   ◦ 20 years: PhP 840,551/month.
Transfer charges of PhP 9,656,473 is already included in the total contract price and to be paid upon turnover. This is for title processing and registration.

Real Estate values are increasing. The price is subject to increase without prior notice... So if you are aiming to have these properties, reserve now!!!

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38 Park Avenue Condo

38 Park Avenue Condo For Sale in Cebu City

38 Park Avenue Condominium For Sale Cebu IT Park