Top Cebu Properties, Vera Estates

Vera Estates

Mandaue City, Cebu

Lot Only for sale


Area / Number of Lots: 4.8 hectares / 114 lots


The first of four residential enclaves. Located at an elevated area overlooking the city.

click image to enlarge

Features and Amenities

  • Prime location in Mandaue City, easily accessible to Cebu City, the airport and the North Highway.
  • Near schools, church, markets and commercial centers.
  • Wide Roads, 20-meter Right-Of-Way Main Road.
  • Fully Landscaped Entrance
  • Fully Fenced Perimeter
  • Water Features and Lagoons
  • Tree-Lined Roads
  • Landscaped Parks and Playgrounds
  • Street Lights
  • Central Clubhouse with Swimming Pool
  • Community Chapel
  • Jogging Trails and Bike Lanes
  • Concrete Roads, Sidewalks and Curbs
  • Separate Storm and Sewer Drainage System
  • MCWD Water Source
  • VECO Electrical Power Supply
  • Underground Power Service Connection to the Houses
  • Telephone Lines and Cable TV Lines (subject to utility company's expansion program)

Site Development

click on image to enlarge

Project Advantages

  • A Contemporary French themed subdivision, where the structures are designed in conformity with the architecture.
  • An exclusive community, part of a total 22 hectares residential subdivision.
  • Tucked in the hills of Mandaue where the air is cleaner with a view of the city. The feel of the countryside at the same time provides easy access to the necessities of living.
  • A unique location where the city meets the mountains, giving the future residents the best of both worlds.
  • An investment opportunity in an area with high property value growth potential. This is evidenced by the presence of schools, subdivisions and commercial establishments.

Lot Only Prices

  • Basic lot price, PhP 10,888.00/sq m.
  • Additional PhP 500.00/sq m for lots along the main road.
  • Additional PhP 300.00/sq m for corner lots.
  • Additional PhP 300.00/sq m for lots facing east.
  • Additional PhP 300.00/sq m for scenic lots (adjacent and across parks).

Reservation Fee and Equity Downpayment

Reservation Fee of the lot is PhP 50,000.00 and the house and lot is

PhP 100,000.00, is non-refundable, non-transferable and is valid for 1 month. This is deductible from the Equity Downpayment.

After one (1) month from the date of reservation, the Reservation Fee will be cancelled and the reserved lot shall be open for sale if the Buyer has not started payment on the Equity Downpayment balance.

Equity Downpayment is 20% of the Total Contract Price (TCP).

Equity shall be payable without interest for a maximum of six (6) months, starting on the next month after payment of the Reservation Fee.

If the buyer defaults on his payment, a penalty of 4% per month shall be imposed on the amount due.

Prices are subject to change without prior notice.

CRRDI has the right to correct typographical errors, if any.

Reservation Fees must be in the form of cash or on-date check payment.

Check payments should be made payable to CASTILLE RESOURCES REALTY DEVELOPMENT INC.

Only payments received by authorized CRRDI personnel issued with valid receipt shall be honored.

Target date for lot turnover is August 2015.

for the house and lot, payment schemes, and pricelist, click here.