Property Description

Live Without Compromise at Avida Towers Riala!

Here at Avida Towers Riala, you’ll never forget the feel of grass beneath your feet.

Avida Towers Riala, Avida’s newest development in Cebu. Offer wide greens and open spaces that welcome you to a place unlike any other- a place where nature resides in the middle of the City.

Located at the Cebu IT Park, the city’s most dynamic lifestyle district, Avida Towers Riala is mere steps away from the best the city has to offer: commercial and business centers and top schools and hospitals, among others. Experience all the color and excitement of the city and enjoy the tranquillity of nature. Here, life in the city is truly no compromise.

Avida Towers Riala is within The Cebu I.T. Park, which is an integrated, master-planned, mixed-use community developed by Ayala Land-affiliate, Cebu Property Ventures and Development Corp. It is part of the larger Cebu Park District, which plays host to many of the region’s corporate headquarters, business and IT/BPO offices, and commercial and retail centers.

Experience the convenience of integrated living. Avida Towers Riala is redefining condo living in Cebu by putting you right in the city’s most dynamic lifestyle district.

Tower 4

• Launched Date – 2017
• Turnover Date – 2023

Tower 5

• Launched Date  – 2019
• Turnover Date – 2025

Features and Amenities

Experience convenience at its best at Avida Towers Riala. Unwind, dine and shop at cafes, restaurants, and retail outlets, all located within the Avida Towers Riala complex. Enjoy a variety of activities, from the most laid-back to the most active. Live the complete life, enjoy the best the city has to offer and come home relaxed in this haven of open greens in the middle of the city.

Community Amenities of Avida Towers Riala

• Adult and kiddie swimming pool (200 capacity)
• Clubhouse with function hall for 150 guests
• Children’s play area
• Garden area (maximized green area and open spaces)
• Main entry/exit gate w/ guard house (two lanes each)
• Sewage treatment plant
• Centralized cistern

Building Features of Avida Towers Riala

• Main lobby for each building (min of 30 sqm)
• Three (3) elevator units (min of 15-pax capacity each)
• Admin room in Tower 1 only (min of 20 sqm)
• Utility room (min of 15 sqm)
• Emergency power
• 100% on safety; 50% on common areas
• One power outlet, one ref outlet, and one lighting unit for Studio and 1-BR units
• One power outlet, one ref outlet, and two lighting units for 2-BR unit
• Garbage chute
• Fire protection/Fire alarm system
• Mailbox per unit located at the lobby
• Provisions for electricity, telephone, cable television and Internet facilities
• Transformer vault and Genset room to be located at the ground floor level

Nearby Establishments

Commercial Establishments:

• Ayala Center Cebu
• Ayala Mall Central Bloc
• Cebu IT Park
• Cebu Business Park
• Gaisano Country Mall
• Banilad Town Center

Nearby Schools

• University of Southern Philippines
• University of the Philippines
• University of San Carlos
• Colegio De la Inmaculada De Concepcion
• University of Cebu Banilad Campus
• Sacred Heart School
• University of the Visayas Banilad Campus
• Bright Academy
• Woodridge International School

Lifestyle and Recreation

• Waterfront Hotel Cebu
• Seda Hotel formerly Marriott Hotel
• Parklane International Hotel
• Tops Outlook
• Temple of Leah
• Mountain View Nature’s Park
• Marco Polo Plaza Cebu
• Montebello Villa Hotel

Churches

• St. Joseph Parish Mabolo
• Redemptorist Church
• The Archdiocesan Shrine of the Most Sacred Heart of Jesus
• The Living Christian Church
• Cebu Korean Church
• Our Lady of the Sacred Heart Parish

Hospitals

• Cebu Doctors University and Hospital
• Chong Hua Hospital
• Perpetual Succour Hospital

Sample Computation:

Studio Unit (w/ 10% Spot DP)

Floor Area

:

22.8 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 30 months

: : : :

Php 5,011,354.36 Php 20,000.00 Php 481,135.44 Php 16,704.51

80% Cash or Bank Financing : Php 4,009,083.49

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 36,034.78
10 years = Php 46,548.86
5 years = Php 79,384.66

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Sample Computation:

Studio Unit (no Spot DP)

Floor Area

:

22.8 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 30 months

: : : :

Php 5,061,812.50 Php 20,000.00 Php 992,362.50 Php 33,078.75

80% Cash or Bank Financing : Php 4,049,450.00

Estimated Monthly Amortization @ 7% p.a.
15 years = Php 36,397.60
10 years = Php 47,017.55
5 years = Php 80,183.96

For more info and site visit ,please contact: Grace Nicavera Under REBL No. : 002247 until 7/09/2023 DHSUD No : 0393 until 12/31/2023 PTR No : 4786697 until 12/31/2023 Tnt : 09512060194 Email Address : [email protected]

Amenities

• Recreation
• pool
• Gym
• deck

Nearest Place

• AYALA MALL
• UNIVERSITY OF THE PHILIPPINES CEBU