FAQs

1.) Where is Nichols Park located?

Nichols Park is located in Nichols Heights, Guadalupe, Cebu City, Philippines.

2.) How far away is it from the shopping centers, churches, and markets?

• Minutes away from Guadalupe Church & Guadalupe Market
• Within ten minutes ot Cebu Capitol, Fuente Osmena, Ayala Center Cebu, Cebu Doctor's Hospital, Chong Hua Hospital and waterfront Cebu City Hotel & Casino

3.) What is the concept/theme of Nichols Park?

 Nichols Park is traditional English-inspired subdivision.

4.) How big is the subdivision?

 

The subdivision sits on a 4-hectare piece of prime land, strategically located in the heart of Cebu City.

5.) What are the house models of Nichols Park?

There are 3 house types: Buckingham, Westminster and Windsor. Phase 3 offers modifications for these three units and can be viewed on the House Designs Page

 

6.) What are the features and amenities of the subdivision?

•Swimming Pool
•Children's Playground
•Landscaped main entrance with guardhouse
•Lighted streets
•24 hours security
•Centralized water system
•Perimeter fence
•Concrete subdivision roads
•Waste water treatment facility
•Individual septic tank
•Trees and greenery area
•Elevated water tank
•Concrete subdivision curbs & gutter
•Underground drainage system

•24 hours
•Security guards roving regularly
•Fully fenced perimeter wall
•Visitors are screened properly before entering the subdivision

7.) How secure is it to live in Nichols Park?

•24 hours
•Security guards roving regularly
•Fully fenced perimeter wall
•Visitors are screened properly before entering the subdivision

8.) Would pets be allowed? If yes, what are the limitations?

 Yes, pets are allowed but commercial breeding is prohibited. Pets are not allowed to roam around without supervision. Pets, such as dogs, should be on a leash when roamed around by their owner in the subdivision.

9.) Are house revisions allowed?

House revisions are allowed but limited only to the interior of the house. The design of the house eterior must be maintained to preserev the theme of the subdivision. Extensions and improvements not affecting the design of the house are allowable and is subject for approval of the developer and within the Dee of Restrictions (DOR)

10.) How much is the monthly Homeowners (HOA) Dues?

Home owners dues depends on the decision of the Homowners Association, The dues will be divided among all home owners of this subdivision for the maintenance of parks, amenities and facilities, roads, garbage collection, security guards & more.

11.) What are the payment terms?

    SPOT CASH

        Full payment of the Total Package Price within the next 30 days

        after reservation date will gurantee a 5% discount (based on Net TCP)

    DEFERRED CASH

        Equal monthly payments at 0% interest for 12 months

    IN-HOUSE FINANCING

        (a)   20% Down Payment

                        6 mos to pay at 0% interest

                        Spot DP - payment within 7 days from reservation date

                        will guarantee a 5% discount based on percentage of the downpayment

                80% Remaining Balance

                        Interest Rate | Terms

                        12%  fixed p.a. | 3 or 5 years

    BANK FINANCING

               20% Down Payment

                        6 mos to pay at 0% interest

                       80% of Total Package Price Loanable thru Wealthbank or BPI or your bank preference

    Please visit our Sales & Marketing office at Taft Financial Center, Cebu Business Park, Cebu City

for monthly promos and other updates.

12.) When would the construction of the house start? How long will construction be?

Full payment of the Total Package Price within the next 30 days after reservation date will guarantee a 5% discount based on net TCP

 DEFERRED CASH

Equal monthly payments at 0% interest for 12 months

IN HOUSE FINANCING

 A. 20% Down Payment

    6 months to pay at 0% interest

   Spot Downpayment - payment within 7 days from reservation date will guarantee a 5% dusciybt vased ib oercebtage if the downpayment

    80% Remaining Balance

    Interest Rate  |  Terms

        12% Fixed p.a   |   3 or 5 Years

BANK FINANCING

      20% Down Payment

      6 months to pay at 0% interest

      80% of Total Package Price Loanable thru Wealthbank or BPI or your bank of Preference

 Please visit our Sales & Marketing office at Taft Financial Center, Cebu Business Park, Cebu City for monthly promos and other updates.

 

13.) What are the requirements for move-in?

  • Upon 20% Down Payment of the Total Package Price by the client
  • Complete post-dated checks for in-house accounts
  • Letter of Guarantee from the bank for accounts availing the Bank Financing Scheme

14.) Are there available units for sale?

Yes. The houses are ready for occupancy

15.) Site Tour

For more information or to request for a Site Tour, please call us at (+6332) 231-4996, (+6332) 2315166 or (+6332) 2318717 or visit us at
Taft Financial Center (across Cebu City Marriott Hotel)
Cebu Business Park
Cebu City, Philippines