A bit of Italy in Batangas

Filipinos who have lived in Italy for quite a while and have decided to invest in a home here need not worry they will be forced to adapt to completely new surroundings if they invest in a property at Robinsons Land Corporation – Housing and Land Development Division’s Residenza Milano.

The 7.3 hectare mid-cost residential project in San Isidro, Batangas City offers them a little bit of the land they have come to know and most likely love. With the ambience of a charming Italian village overseas Filipino workers, whether they simply want to make an investment on something of value or are ready to re-settle in their own country, will most likely find the transition easy from their foreign posting to their new home. As the community is five minutes away from Batangas town proper, they will find easy access to basic community amenities such as churches, schools, gasoline stations and commercial establishments. Landmarks near the site also include the Batangas International Port. They will find modern conveniences of urban living available to them with the progressive development of Batangas City in the trade and commerce industry.

Their families will be just as delighted to be in an environment that features distinctive Italian architecture. Despite the classy design, Residenza Milano offers lots at P4,800 per square meter, on average. A total of 357 residential units are on offer, with the buyer given the option to invest in a lot or in a package that includes housing. Minimum lot cut is 100 sq.m. Buyers can choose from RLC-HLDD’s different house models with floor areas ranging from 51sq.m. to 151 sq.m.

So far, land development has been completed and is ready for turn-over for fully paid buyers. Amenities that go with a property are gate and guardhouse, multipurpose court, landscaped parks, concrete benches and tables, elevated promenade, landscaped entrance with water fountain, administration office with washrooms, deep-well water with overhead tank.

The standard payment scheme requires a 30 percent downpayment. If the total sale price for instance is P493,589.25, the buyer will have to give a downpayment of P148,589.25, with a reservation fee of P10,000. The rest of the downpayment can be amortized in one year in 12 equal monthly instalments of P11,549.10. Financing is available for the remaining 70 percent or P345,000 that can be paid monthly for 15 years at 14 percent interest per annum. This means a monthly amortization of P4,594.51. Of course, rates will depend on the actual sale price.