Very nice house. Good layout and the room sizes are good. The kitchen is ample and inviting. Just a couple of questions. What subdivision is this located in? Are there any annual/monthly fees (i.e., HOA fees) that are paid to the subdivision to maintain the common areas? Is there hot water in the house? I did not hear anything about hot water in the showers.
Hi sir Rodney, Thanks a lot for commenting. This property is located in Kishanta Subdivision, developed by Aboitizland. Yes, there are monthly dues which we should pay to the home owners association office. Please send us an email at cebuelegantproperties@gmail.com for more details about the property. Thanks!
May I know how Long can a Filipino citizen own This House and Lot ? Because I read online that you can only own a Condo unit for 50 years , and then the Building will have to be demolished . Although I understand that you still own a share of the Condo stocks. But i want to know how This rule applies to a single detached House and Lot inside a subdivision.
Hi! Sir, this property is under transfer certificate of title, if you're a Filipino, you can own this, but if not, you have to create a corporation which should be composed of 60% Filipino and 40% foreigners, or if you have a Filipino wife, you can also be on the title as her husband. There is perpetual ownership tk this property. Meanwhile, what you've read online about condo title is a myth in real estate. Usually, condo titles are under perpetual ownership unless there is a provision that the ownership isn't permanent. Email us at cebuelegantproperties@gmail.com if you want to know more. Thanks!
@@CebuElegantPropertiesgot it 👍 50 years Renewable 👍😹😂😹 In instances such as demolition of the structure and when there is any income from the scrap materials, unit owners are entitled to get a share depending on the extent of their ownership. The 50-year rule is based on the Corporation Code of the Philippines wherein it is declared that the life of a corporation is only good for fifty years. So does this mean that the dissolution of the condominium “corporation” would lead to the termination of the condominium project? Of course not! The Corporation Code gives right to corporations to renew their existence for another fifty years. Therefore, a condominium corporation may do the same and renew their registration while co-existing with the residential condominium building for as long as it is fit for human habitation.
In section d, there is a provision which would also be followed and it's this, That the project or a material part thereof has been condemned or expropriated and that the project is no longer viable, or that the condominium owners holding in aggregate more than seventy percent interest in the common areas are opposed to continuation of the condominium regime after expropriation or condemnation of a material portion thereof; or Sir, if you are a holder of the condominium corporation stocks, you are privileged to either sell together with your Co condominium owners or rebuild a new condo building in the location where the property is built.
![🔴 ฟุตบอลแชมป์กีฬา 7HD แชมเปียน คัพ 2024 [รอบรองชนะเลิศ]](http://i.ytimg.com/vi/zPm8ClLVhoE/mqdefault.jpg)
Beautiful home
Please always tell us the name of the subdivision , village , or gated community.
Kishanta subdivision 👍
Yes, it is in Kishanta Sir. 😊
😁
It's nice house but how come there's a electric post inside the property? It this negotiable and available unit?
Hi! Kindly send us an email so we can talk about this property. Cebuelegantproperties@gmail.com
Ang ganda!
Very nice house. Good layout and the room sizes are good. The kitchen is ample and inviting.
Just a couple of questions.
What subdivision is this located in?
Are there any annual/monthly fees (i.e., HOA fees) that are paid to the subdivision to maintain the common areas?
Is there hot water in the house? I did not hear anything about hot water in the showers.
Hi sir Rodney,
Thanks a lot for commenting. This property is located in Kishanta Subdivision, developed by Aboitizland. Yes, there are monthly dues which we should pay to the home owners association office.
Please send us an email at cebuelegantproperties@gmail.com for more details about the property.
Thanks!
Is this property still available? Was it damaged from typhoon Odette?
Hi, Yes.. the property is still available. Kindly please contact us here 09177999429 or email at cebuelegantproperties@gmail.com . Thank you so much
VERY NICE HOUSE AND ALSO THE PRESENTATION. CAN WE ADD A SMALL SWIMMING POOL AT THE ROOF DECK KAYA BA SA FLOORING FOUNDATION SA HOUSE MA DAUG RABA ?
Sir, atong e ask ang builder ani. When are you planning to come to Cebu?
Nindot 👍
Ganda ng bahay ❤️
May I know how Long can a Filipino citizen own This House and Lot ?
Because I read online that you can only own a Condo unit for 50 years ,
and then the Building will have to be demolished . Although I understand that you still own a share of the Condo stocks.
But i want to know how This rule applies to a single detached House and Lot inside a subdivision.
Hi! Sir, this property is under transfer certificate of title, if you're a Filipino, you can own this, but if not, you have to create a corporation which should be composed of 60% Filipino and 40% foreigners, or if you have a Filipino wife, you can also be on the title as her husband. There is perpetual ownership tk this property.
Meanwhile, what you've read online about condo title is a myth in real estate. Usually, condo titles are under perpetual ownership unless there is a provision that the ownership isn't permanent.
Email us at cebuelegantproperties@gmail.com if you want to know more. Thanks!
@@CebuElegantPropertiesgot it 👍
50 years Renewable 👍😹😂😹
In instances such as demolition of the structure and when there is any income from the scrap materials, unit owners are entitled to get a share depending on the extent of their ownership. The 50-year rule is based on the Corporation Code of the Philippines wherein it is declared that the life of a corporation is only good for fifty years. So does this mean that the dissolution of the condominium “corporation” would lead to the termination of the condominium project? Of course not! The Corporation Code gives right to corporations to renew their existence for another fifty years. Therefore, a condominium corporation may do the same and renew their registration while co-existing with the residential condominium building for as long as it is fit for human habitation.
In section d, there is a provision which would also be followed and it's this, That the project or a material part thereof has been condemned or expropriated and that the project is no longer viable, or that the condominium owners holding in aggregate more than seventy percent interest in the common areas are opposed to continuation of the condominium regime after expropriation or condemnation of a material portion thereof; or
Sir, if you are a holder of the condominium corporation stocks, you are privileged to either sell together with your Co condominium owners or rebuild a new condo building in the location where the property is built.
Not feelin it
Horrible color