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Portovita Condominium

North Tower, P. Tuazon Street corner 14th Avenue, Cubao, Quezon City

Portovita Condominium for Sale in Quezon CityProperty CodeB027 Portovita Condominium
Portovita Condominium, North Tower, P. Tuazon Street corner 14th Avenue, Cubao, Quezon CityFloor Area 18 sqm 41.25 sqmPhp 2,067,000.00 to 4,971,000.00As of Aug 2024
24 units availableOn Going writ of possession.
𝙁𝙊𝙍 𝙎𝙀𝙍𝙄𝙊𝙐𝙎 𝘽𝙐𝙔𝙀𝙍𝙎 𝙊𝙉𝙇𝙔! 𝙆𝙞𝙣𝙙𝙡𝙮 𝙇𝙤𝙤𝙠 𝙖𝙩 𝙩𝙝𝙚 available 𝙋𝙝𝙤𝙩𝙤𝙨, 𝘼𝙨𝙠 for 𝙩𝙝𝙚 𝙇𝙤𝙘𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙋𝙖𝙮𝙢𝙚𝙣𝙩 𝙏𝙚𝙧𝙢𝙨, 𝙩𝙝𝙚𝙣 𝙞𝙛 85% 𝙛𝙚𝙚𝙡 𝙩𝙤 𝙗𝙪𝙮, 𝙩𝙝𝙚𝙣 𝙖𝙨𝙠 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙩𝙧𝙞𝙥𝙥𝙞𝙣𝙜.
NOTE: Subject to change without prior notice!"As is Where Is Basis"; Titled Pre-owned property. Payment Terms: Cash Basis / Bank Financing (20% - 30% DP)Additional Cost: Title Transfer Cost & Home Loan Bank charges #BankForeclosed
RE Broker Maaba, Marlou (Facebook)REBAP Cavite / PhilRes Dasma MemberPRC and DHSUD Registered0932-892-8423 Smart | Viber | WhatsappEmail: maabagroup@gmail.comWebsite: www.maabagroup.com
Inquire Here!https://www.maabagroup.com/portovita-condominium

Good day, Relative to the interest on purchasing the foreclosed property described below, we are providing you the attached documents and information which may be of use for your property due diligence checking: Note 1: Discreet inspection is recommended on properties with occupants and/or no possession.Note 2: The above property shall be the subject of a double transfer of ownership as follows: 1. From the former owner’s name to MPI's name (all expenses for the account of MPI); and2. From the Bank’s to buyer’s names (please refer to condition 6 below). The Bank Admin Team shall handle the processing of the double transfer of ownership. It will coordinate with the buyer for the taxes, fees, and expenses needed to be paid for the transfer of ownership and shall turn over to the buyer the TCT/s and tax declaration/s once the same are transferred in the buyer’s name. Submission of an offer to buy is on a first-come, best-offer basis, and the sale of property/ies is subject to the following basic terms and conditions: 1. All sales shall be on an "as-is, where-is, no warranties, and no recourse" basis. Buyer to assume the issues of the property/ies. The status and condition of the property/ies are not comprehensive or complete. Buyers are therefore advised to conduct their own due diligence (including property document verification, among others) prior to submission of an offer to buy. 2. Initiation and pursuance of the ejectment/eviction of squatters/occupants/lessees/ tenants/former owners on, or any other person claiming possession of, the subject property, if there be any, and/or renovation of the improvements, if applicable, as well as proper handling and disposal of the personal belongings left inside the property/ies, all the corresponding costs of which shall be shouldered by the buyers.3. Any and all claims/cases of whatever kind and nature that may be instituted against or affecting the property/ies subject of sale shall be assumed by the buyer.4. Securing relocation survey for the property to determine its exact location and boundaries and its attendant cost shall be for the account of the buyer.5. The buyer shall be responsible in obtaining from the Department of Agrarian Reform the clearance/exemption of the subject property/ies, if agricultural, from the coverage of the Comprehensive Agrarian Reform Program. The expenses in obtaining said clearance/exemption shall be for the account of the buyer. The seller shall not be liable to the buyer if such exemption is not obtained.6. All expenses in connection with the transfer of titles from the Bank to the buyer shall be for the account of the buyer including but not limited to Documentary Stamps Tax, business tax, notarial fees, registration and transfer fees, and such other fees and expenses as may be necessary for the validity of this instrument except for the Expanded Withholding Tax, which shall be for the account of the seller to the extent of 6% of the gross selling price only). Any additional taxes that may be imposed by the Bureau of Internal Revenue or any appropriate government agency shall be for the account of the buyer. 7. Other terms and conditions that the Legal Department may impose to protect the interest of the Bank. Also, below is our basic procedure for the purchase of foreclosed property: 1. Buyer to conduct property due diligence checking (with concerned government offices) and inspection.2. Once decided to pursue the purchase and accepts the condition that the buyer will assume the issues/problems of the property, the buyer is to submit an official offer to buy forms with government-issued IDs and accepts the "as-is, where-is" sale condition.3. Our office will advise the buyer if the offer to buy may be acceptable to Management.4. If the offer is acceptable to Management, we shall advise the buyer to submit requirements.5. Once requirements are submitted, we secure Management's approval.6. Once approved, a formal Notice of Approval shall be issued to the buyer containing the approved terms and conditions and payment due date.7. If the offer is not acceptable to Management, we shall send a letter advising the buyer to improve their offer. Below are our current payment options: 1. Cash purchase;2. Installment purchase (to be covered by a Contract To Sell) with 20% down payment and the balance with interest payable via monthly amortization through post-dated checks (buyer to submit post-dated checks for the whole installment term). The amortization schedule is based on diminishing balance; and3. Bank take-out loans for properties without issues or problems such as occupants, not in the Bank’s possession, court case, or landlocked property. However, there are banks as well as Pag-Ibig Fund who refuse to accept our properties as loan collaterals due to our double transfer of ownership as follows: 3.1. From the former owner’s name to the Bank's name; and3.2. From the Bank’s name to the buyer’s name.We recommend that the above matter be disclosed and discussed with the take-out bank in advance. Please do not hesitate to get in touch with us for any clarification. Thank you and kind regards,

B048

Property Status

On Going Writ of Possession

LG-A, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 93.50 12,000,000.00 LG-B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 53.75 7,000,000.00 LG-D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 86.25 11,000,000.00 LG-E, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 54.00 7,000,000.00 LG-F, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 54.00 7,000,000.00 Mez-G, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY COMMERCIAL CONDO UNIT 45.25 6,000,000.00 Mez-B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY COMMERCIAL CONDO UNIT 45.25 6,000,000.00 2A, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 43.50 5,500,000.00 2B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 45.25 6,000,000.00 3G, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 45.25 7,000,000.00 3A, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 43.50 5,500,000.00 3B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 45.25 7,000,000.00 3C, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 21.75 6,000,000.00 6B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 68.00 9,000,000.00 6C, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 66.00 9,500,000.00 9,500,000.00 6D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 6D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 6,500,000.00 6E, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 48.00 6,500,000.00 6F, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 48.00 6,500,000.00 6G, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 48.50 6,500,000.00 16D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 39.50 9,000,000.00 17D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 39.50 5,500,000.00 18A, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 21.75 6,000,000.00 19F, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 21.75 7,000,000.00 19G, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 21.75 6,000,000.00 21D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 39.50 5,500,000.00 22D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 39.50 9,500,000.00 22N, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 21.75 7,000,000.00 24A, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 83.25 12,000,000.00 24B, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 86.75 12,500,000.00 24C, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 96.00 12,000,000.00 24D, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 96.00 13,000,000.00 24F, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 83.25 12,000,000.00 24H, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 92.25 7,000,000.00 24I, PORTOVITA, CONDOMINIUM (SOUTH TOWER), N0. 1100 P. TUAZON, BOULEVARD, CUBAO, QUEZON CITY RESIDENTIAL CONDO UNIT 92.25 11,000,000.00

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