Property Description

Mivela Garden Residences – Banilad, Cebu Condominium updated 2025

Modern garden residential community in Cebu, walking distance to Montebello Hotel, Country Mall. Ready-for-Occupancy Units Available

Mivela Garden Residences is 6th of the Best-Selling Garden Series of Cebu Landmasters that is set to bloom as a modern garden residential community in Cebu City and will redefine garden living.

It is tucked strategically at Banilad, Cebu City where major establishments providing urban comforts is within near distance yet still maintains its serene and refreshing ambiance. It has amenities & facilities that are were well-designed and thought of to bring the vision of the fastest-selling residential condo in Metro Cebu- The Mivela Garden Residences.

Situated at the prime Banilad Estate of Cebu City, it is within a 1-kilometer radius to major establishments:

• 400 m from Montebello Villa Hotel
• 600 m from Gaisano Country Mall
• 700 m from Banilad Town Center
• 700 m from UC Banilad
• 800 m from Streetscape
• 900 m from PAREF Southcrest
• 900 m from Camp Lapu-Lapu Hospital
• 1 km from Adoration Convent of Divine Peace
• 1 km from Cebu IT Park

AVAILABLE UNITS 2025:

• Tower 1
  • STUDIO: 20 – 30.32 sqm
    Price range: Php 3.64 – 5M
    Reservation: Php 20,000
    10% DP over 42 months: Php 8,300
  • 1-BEDROOM: 47.76 – 55.31 sqm
    Price range: Php 8.08 – 9.04M
    Reservation: Php 20,000
    10% DP over 42 months: Php 18,800

• Tower 2
  • STUDIO: 30.42 sqm
    Price: Php 5,327,640
    Reservation: Php 20,000
    10% DP over 42 months: Php 12,300
  • 1-BEDROOM: 47.71 – 63.08 sqm
    Price range: Php 8.45 – 9.27M
    Reservation: Php 20,000
    10% DP over 42 months: Php 19,700

• Tower 3
  • 1-BEDROOM: 47.76 – 63.13 sqm
    Price range: Php 8.09 – 9.85M
    Reservation: Php 20,000
    10% DP over 42 months: Php 16,500

• Tower 4
  • 1-BEDROOM: 47.76 – 63.13 sqm
    Price range: Php 7.92 – 9.88M
    Reservation: Php 20,000
    10% DP over 42 months: Php 16,100

SAMPLE COMPUTATION:

• STUDIO W/ BALCONY: 26.69 sqm
  Total Contract Price: Php 4,872,312
  Reservation fee: Php 20,000
  12% Down payment from TCP, 42 months: Php 13,500
  Bank Financing:
  MA @ 5.25% fixed rate for 1 year: Php 367,345.90
  MA @ 6.00% fixed rate for 3 years: Php 130,367.49
  MA @ 6.50% fixed rate for 5 years: Php 83,847.05
  MA @ 7.00% fixed rate for 10 year: Php 49,756.11
  MA @ 9.50% fixed rate for 15 years: Php 44,748.29

• 1 BEDROOM UNIT: 54.45 sqm
  Total Contract Price: Php 8,998,776
  Reservation fee: Php 30,000
  5/95 Spot Down payment
  2.5% Spot DP from TCP, 30 days after reservation: Php 195,000
  2.5% Promo Lump-sum Down payment: Php 225,000
  Balance in Cash/Bank on/before 60 days from reservation: Php 8,548,776

UNIT FEATURES:

• Painted Walls, Partitions and Ceilings
• Tiled Flooring
• Tiled Toilet & Bath with Complete Bathroom Fixtures
• Kitchen Sink with Countertop
• Kitchen Base Cabinet
• Installed Fire Detection & Suppression System
• Provision for Kitchen Exhaust
• Provision for Window Type Air Conditioning Unit
• Provision for Cable, Internet and Telephone
• Provision for Water Heater

TYPICAL FLOOR PLANS:

BUILDING FEATURES:

• Balcony on selected units
• All units are combinable
• 1.5m Wide corridors
• 3 Passenger Elevators for Towers 1, 3, & 4
• 6 Passenger Elevators for Tower 2
• 100% Back up power
• Garbage holding room per floor
• 24/7 Security system
• Ample parking space
• Property Management Services

AMENITIES & FACILITIES

• Gate & Guardhouse
• Lobby & Lounge
• Multi-level Clubhouse w/ Lap Pool
• Pavilion with Swimming Pool
• Perimeter Fence
• Retail Area
• Gym
• Zen Garden
• Pedestrian Pathways and Jogging Paths
• Wi-fi Hotspots in Amenity Areas
• Function Room
• Outdoor Lounges
• Designated Parking Spaces
• 24 Hour CCTV Security System

CONSTRUCTION UPDATES:

For inquiries, site visit, reservation, project assistance, please call or message:

Betty Marquez
Property Specialist
Phone: +63 942-297-6007
Landline: 239-4078

ABLC Realty
DHSUD No. CVRFO-B-12/18-0490 valid until Dec 2024
Under: Lilibeth S Marquez, Real Estate Broker
PRC Lic No. 0020487

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