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Colorado Homes As a role model to be a responsible developer in the Island of Cebu, Primary Homes Inc. together with Primary Structures Corp., has developed a low-cost efficient housing community that is very affordable to the market. This is a housing development that offers very friendly prices to small time real estate investors, starting families, and the working class Filipinos (but that does not mean you can't own it too!). Colorado Homes is located in Cotcot Lilo-an and is very accessible to public transportation going to Cebu city. This housing project is relatively new and offers easy financing programs that would give the Filipino buyers, who are a members of the PAG-IBIG financing institution, a chance to own a house for 6,000-7,000 Pesos a month (yes this is real, please view the details of this project below).
Units are delivered with floor tiles on the ground floor and smooth cement finish on the second floor. The second floor has no partitions upon delivery but a model unit is shown to provide a concept on the optimum use of the house once furnished.
All currencies are expressed in Philippine Peso. Click here to view the present Forex rate
Total selling price: 1,095,000
Pag-ibig loanable amount: 860,000
Equity: 235,000
Less reservation fee: 15,000
Net equity: 220,000
Payable 33 months @ 0% interest: 6,666.67Php (Pesos per month)
Colorado Homes As a role model to be a responsible developer in the Island of Cebu, Primary Homes Inc. together with Primary Structures Corp., has developed a low-cost efficient housing community that is very affordable to the market. This is a housing development that offers very friendly prices to small time real estate investors, starting families, and the working class Filipinos (but that does not mean you can't own it too!). Colorado Homes is located in Cotcot Lilo-an and is very accessible to public transportation going to Cebu city. This housing project is relatively new and offers easy financing programs that would give the Filipino buyers, who are a members of the PAG-IBIG financing institution, a chance to own a house for 6,000-7,000 Pesos a month (yes this is real, please view the details of this project below).
Units are delivered with floor tiles on the ground floor and smooth cement finish on the second floor. The second floor has no partitions upon delivery but a model unit is shown to provide a concept on the optimum use of the house once furnished.
All currencies are expressed in Philippine Peso. Click here to view the present Forex rate
Total selling price: 1,095,000
Pag-ibig loanable amount: 860,000
Equity: 235,000
Less reservation fee: 15,000
Net equity: 220,000
Payable 33 months @ 0% interest: 6,666.67Php (Pesos per month)
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Amenities
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Row house: 1.095M
Lot Area: 40 square meters or 430,556 square feet Floor Area: 51 square meters or 548.959 square feet House Specifications:
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Duplex: P1.1M Lot Area: 60 square meters or 645.834 square feet Floor Area: 51 square meters or 548.959 square feet House Specifications:
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LINC Reviews:
Colorado Homes is just one among the many real estate development made by Primary Homes Inc. and Primary Structures Corp. This
housing project caters to the low-cost real estate market in the island
of Cebu. It focuses more on developing a decent village at an
affordable rate without sacrificing the quality of construction of the
house.
The materials made on this house consists of concrete earth blocks also known as "bricks". Because Primary Structures Corp. does not believe in conventional construction by the use of concrete hollow blocks, they choose to use the concrete earth blocks for the reason that:
Advantages
Disadvantages
SOURCE: www.wikipedia.org (click here for more details on Concrete Hollow Blocks vs. Bricks)
Conclusion:
Colorado Homes offers better quality of construction at an affordable rate as compared to its competitors in the low-cost market industry. No contest. When you schedule an actual visit to this project, you will notice the wide roads, and the cleanliness of the village. There is in no doubt that this housing project, that despite it is a low-cost project offering only town-houses, that it will be a well maintained subdivision. Lilo-an used to be distinguished as a provincial area of Cebu because of its distance during the early 2000's. Now with the opening of the North Coastal Road or the Cansaga Bridge, you can easily access Lilo-an from Mandaue city easily within a 15-20 minute ride through private transporation.
One of the best things that you should know about Colorado Homes is that, unlike the horror stories often shared by the buyers in other low-cost real estate developments, this project does not give you the pain of experiencing back-to-back payments with your monthly equity and your monthly amortization in Pag-ibig (for the Filipino working class). An detailed explanation will be given to you on this aspect once you schedule an actual site visit with LINC Real estate to Colorado Homes
Things you should know:
Though Colorado Homes is located in Lilo-an, it still offers the friendliest financing program available, and has a better construction quality as compared to the other low-cost housing developers. LINC Real estate has given this project a rating of:9 out of 10 stars! if you are looking for a good start, start it right the first time here in Colorado Homes!
Contact LINC Real Estate and schedule a site visit to the model units now! or call us at +63 922 201 9879 for more details!
The materials made on this house consists of concrete earth blocks also known as "bricks". Because Primary Structures Corp. does not believe in conventional construction by the use of concrete hollow blocks, they choose to use the concrete earth blocks for the reason that:
Advantages
- The use of materials such as brick and stone can increase the thermal mass of a building.
- Brick typically will not require painting and so can provide a structure with reduced life-cycle costs.
- Masonry is very heat resistant and thus provides good fire protection.
- Masonry walls are more resistant to projectiles, such as debris from hurricanes or tornadoes.
- Masonry structures built in compression preferably with lime mortar can have a useful life of more than 500 years as compared to 30 to 100 for structures of steel or reinforced concrete.
Disadvantages
- Extreme weather causes degradation of masonry wall surfaces due to FROST damage. (please take note that the Philippine Islands is located in a tropical region. We do not experience snow here)
- This type of damage is common with certain types of brick, though rare with concrete blocks.
- Masonry tends to be heavy and must be built upon a strong foundation usually reinforced concrete to avoid settling and cracking.
SOURCE: www.wikipedia.org (click here for more details on Concrete Hollow Blocks vs. Bricks)
Conclusion:
Colorado Homes offers better quality of construction at an affordable rate as compared to its competitors in the low-cost market industry. No contest. When you schedule an actual visit to this project, you will notice the wide roads, and the cleanliness of the village. There is in no doubt that this housing project, that despite it is a low-cost project offering only town-houses, that it will be a well maintained subdivision. Lilo-an used to be distinguished as a provincial area of Cebu because of its distance during the early 2000's. Now with the opening of the North Coastal Road or the Cansaga Bridge, you can easily access Lilo-an from Mandaue city easily within a 15-20 minute ride through private transporation.
One of the best things that you should know about Colorado Homes is that, unlike the horror stories often shared by the buyers in other low-cost real estate developments, this project does not give you the pain of experiencing back-to-back payments with your monthly equity and your monthly amortization in Pag-ibig (for the Filipino working class). An detailed explanation will be given to you on this aspect once you schedule an actual site visit with LINC Real estate to Colorado Homes
Things you should know:
- The second floor (2nd) level of the houses in Colorado Homes are delivered without tiles, but it is delivered with ceiling and painted interiors
- Both of the houses in Colorado Homes are expandable both in the front and the back.
- You can expand another bedroom or a balcony with a view of the plains and the mountains and the back portion of the second floor (2nd) level
- You can expand for a bigger comfort room or a covered laundry area on the first floor (1st) level on both houses of Colorado Homes
- A new public market of lilo-an will be constructed just meters away from Colorado Homes
- A new public terminal for jeepneys, bus, and other public vehicles bound for Cebu City or to the north can be made available where the public market will also be located.
- Very near to the beach! Fresh sea foods sold at the market!
- A new SM shopping mall is currently under construction in consolacion (a town away from Lilo-an, Cebu).
Though Colorado Homes is located in Lilo-an, it still offers the friendliest financing program available, and has a better construction quality as compared to the other low-cost housing developers. LINC Real estate has given this project a rating of:9 out of 10 stars! if you are looking for a good start, start it right the first time here in Colorado Homes!
Contact LINC Real Estate and schedule a site visit to the model units now! or call us at +63 922 201 9879 for more details!