Mactan Rent to own houses

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YOU CAN OWN WHAT YOU LEASE – Rent to Own Option

Rent to own house or Lease to Purchase houses in Mactan

Available Units

Hermoso Grande
Monthly Rental = 60,000 pesos per month
Price = 5,320,200
12 month rental = 720,000 pesos
Balance = 4,600,200 payable up to 5 years

Hermoso Grande
Monthly Rental = 60,000 pesos per month
Price = 4,810,000
12 month rental = 720,000 pesos
Balance = 4,090,000 payable up to 5 years

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Hermoso – Rent to own at 40,000 pesos per month

2 Bedrooms with functional Bedroom Closets, 2 Toilet & Baths with elegant and functional Bathroom fixtures, Master’s Bedroom with own Toilet & Bath, Kitchen, Dining Room, Living Room and Foyer, Deluxe ceramic floor tiles for Living and Dining Rooms, Ample carport, Dormer type main entrance

LOT AREA = 243 SQM
FLOOR AREA = 75 SQM

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Hermoso Grande – Rent to own at 60,000 pesos per month

5 BR, 3 T&B, Master’s Bedroom with Balcony and own Toilet & Bath, Three Bedrooms have functional Bedroom Closets, 3 Toilet and Baths with elegant & functional Bathroom fixtures, Servant’s Quarter adjacent to a service area, Kitchen with multiple level counters and Party Room, Dining room with breakfast nook, Living room, Deluxe ceramic floor tiles for Kitchen, Living and Dining rooms, Second floor Family Room with Balcony, Polished wooden railings and stairs, Sanded and stained wood floor finish (2nd flr), 2 car garage
LOT AREA = 201 SQM
FLOOR AREA = 150 SQM

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Qualifications
1) The client should sign up into a LEASE-to-PURCHASE Agreement.
2) The lease shall be at least a 1-year contract.
3) The lessee is required to pay 2 months advance and 3 months security deposit.
4) The client is given an Option Period of 1 YEAR i.e., to decide whether to purchase the unit or not.
5) If undecided to purchase upon end of the 1 YEAR option period, the contract will remain a lease agreement and may be renewed or terminated as requested.
6) If client decides to purchase the leased unit, the amount paid as rent for the whole year shall be credited as partial payments of the unit and by then the contract shall be converted to an absolute purchase agreement.
7) Upon decision to purchase, client shall render advice to the developer as to what form of financing to apply for the balance. Documentation and other concerns shall be handled by our account officers.
8) Note that when client enrolls in the lease-to-own program, it is expected that rental will be at a premium.
9) Contracted TCP will be based on the current list price inclusive of documentary stamps, transfer taxes and other miscellaneous fees.