38 Park Avenue Condo for Sale in Cebu IT Park

38 Park Avenue Condominium for Sale located in IT Park Apas Cebu City Philippines

IT Park Cebu City Condo for Sale through Cash or Bank Financing Installment

Cebu City Condo for Sale: 38 Park Avenue Condominium Properties

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Experience the ultimate in luxury living and status at Cebu IT Park's tallest tower - with 38 floors and a stunning Grand Atrium at the center, it's the perfect haven for top executives.

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January 9, 2023 update

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

38 Park Avenue condo for sale in 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:

  1. 38 Storey high. The highest in Cebu I.T Park.
  2. Ultra Exclusive VIP Units
  3. 3 levels of amenity at the 26th to the 28th floor.
  4. 2 Main Grand Lobbies (East & West)
  5. 3 Levels basement parking.
  6. A Grand Atrium at the center of the tower
  7. The Plaza - A green, open retail park.
  8. Drop-off Entrance
  9. High Ceiling Grand Lobby.
  10. Sky Club Amenity Deck
  11. Swimming Pool w/ Panoramic View.
  12. Sky Lounge
  13. Fitness Gym
  14. Sky Gardens and Patio.
  15. Multi-function Hall
  16. Kids Zone.
  17. 24-Hour Security CCTV System
  18. Green Wall.
  19. 100% Backup Generator
  20. 8 High-speed Elevators.
  21. Automatic Sprinkler System
  22. Domestic Water Tank.
  23. Property Management Services.
  24. Each unit meticulously designed for a Panoramic view of Cebu.

SAMPLE COMPUTATION, PRICE RANGE, and MONTHLY AMORTIZATION:
This may vary depending floor location and where it is facing.
Prices in CEBU Real Estate Shop is the same as if you go directly to the sales office.


studio unit condominium for sale IT park apas cebu city philippines
STUDIO UNIT: 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 4,990,003
    1st floor unit 3
  • Total contract price: PhP 5,389,203 VAT and transfer of title charges included.
  • Reservation fee: PhP 50,000.
  • 5% promo discount: PhP 222,768
  • Equity with 5% discount:
        ◦ PhP 266,152 to be paid via PDC on/or before unit turnover.
  • 90% Balance through spot cash or bank financing: PhP 4,850,283.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 93,770/month
        ◦ 10 years: PhP 53,848/month.
        ◦ 15 years: PhP 40,929/month
        ◦ 20 years: PhP 34,749/month.
  • Transfer charges of PhP 399,200 already included the total contact price stated above and to be paid on or upon turnover. This is for title processing and registration.

1 bedroom unit condominium for sale IT park apas cebu city philippines
1 BEDROOM with BALCONY: 54.81 sqm

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

www.cebu-realestateshop.com/

  • Unit price: PhP 11,276,828
    4th floor unit 14
  • Total contract price: PhP 12,178,974 VAT and transfer of title charges included.
  • 5% promo discount: PhP 503,429
  • Reservation fee: PhP 50,000.
  • Equity with 5% discount:
        ◦ PhP 664,467 to be paid via PDC on/or before unit turnover.
  • 90% Balance through spot cash or bank financing: PhP 10,961,077.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 211,908/month
        ◦ 10 years: PhP 121,690/month.
        ◦ 15 years: PhP 92,496/month
        ◦ 20 years: PhP 78,529/month.
  • Transfer charges of PhP 902,146 already included in the total contact price stated above and to be paid on or upon turnover. This is for title processing and registration.

2 bedroom unit condominium for sale IT park apas cebu city philippines
2 BEDROOM UNIT with MAID'S ROOM: 74.01 sqm

1 unit remaining for this 74.01 sqm size. Other unit available for 2 bedroom is 103.77 sqm with higher price.

https://www.cebu-realestateshop.com

  • Unit price: PhP 16,603,107
    30th floor unit 10
  • Total contract price: PhP 17,931,356 VAT and transfer of title charges included.
  • Reservation fee: PhP 100,000.
  • 5% promo discount: PhP 1,185,936
  • Equity with 5% discount:
        ◦ PhP 507,199 to be paid via PDC on/or before unit turnover.
  • 90% Balance through spot cash or bank financing: PhP 16,138,220
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 311,997/month
        ◦ 10 years: PhP 179,167/month
        ◦ 15 years: PhP 136,183/month
        ◦ 20 years: PhP 115,619/month.
  • Transfer charges of PhP 1,328,249 already added in the total contact price and to be paid upon turnover. This is for title processing and registration.

3 bedroom unit condominium for sale IT park apas cebu city philippines
3 BEDROOM UNIT: 141.77 sqm

SOLD OUT - 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.
  • 5% promo discount: PhP 2,332,967.12
  • 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.

penthouse unit condominium for sale IT park apas cebu city philippines - 01 penthouse unit condominium for sale IT park apas cebu city philippines - 02
PENTHOUSE UNIT: 431.21 sqm

Penthouse Unit condo for sale at 38 Park Avenue in Cebu IT Park.

  • Unit price: PhP 109,630,830
    37th floor unit C
  • Total contract price: PhP 118,401,296 VAT and transfer of title charges included.
  • Reservation fee: PhP 200,000.
  • 5% promo discount: PhP 7,830,773
  • Equity with 5% discount:
        ◦ PhP 3,809,356 to be paid via PDC on/or before unit turnover.
  • 90% Balance through spot cash or bank financing: PhP 106,561,167.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 2,060,126/month.
        ◦ 10 years: PhP 1,183,047/month
        ◦ 15 years: PhP 899,224/month
        ◦ 20 years: PhP 763,437/month.
  • Transfer charges of PhP 8,770,466 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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Experience the ultimate in urban living with 38 Park Avenue Condominium, now available for sale in the heart of Cebu IT Park. Choose from a range of luxurious and thoughtfully designed unit types to suit your lifestyle needs, including the chic Studio Unit, the elegant 1 Bedroom with Balcony, the spacious 2 Bedroom with Maid's Room, the sprawling 3 Bedroom with Maid's Room, and the opulent 5 Bedroom Penthouse condo for sale. Indulge in unparalleled comfort and convenience in one of the most vibrant and dynamic neighborhoods in the city. Don't miss this rare opportunity to own a piece of paradise in 38 Park Avenue Condominium. Contact us now to schedule a viewing and start living the dream in Cebu IT Park.




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