Portofino – Lot For Sale In Alabang, Las Pinas City

About Portofino▲

Available Lots Offered in Different Phases of Portofino▲

Note: 

Some of the lots above may have been sold when you viewed this page.  Please ask for updates.

Portofino Site Development Map▲

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Sample Computation?

Portofino Home Buying Guide?

General Steps On Buying a House and Lot in Portofino

Through the years, the developer - Brittany Corporation has worked to make quality homes available to Filipinos the easiest possible way. Following are basic and important home buying steps you should know about your home of choice in Portofino.

You may inquire from our Property Consultant thru phone, email or live chat about the details, development, project features, available inventories, financing options, promo, discounts and other information of the desired house model and village. You're free to ask information relevant to the company, the project or details in acquiring a property. Read more…

Portofino Location▲

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Exsiting Public Transportation in Portofino▲

Public utility vehicles are not allowed inside the Portofino Village.

Along Daang Hari Road:

• Multi-cab
• Jeepney
• UV Express

How to Get To Portofino▲

From Ninoy Aquino International Airport – Terminal 3 Andrews Avenue, Pasay, 1300 Metro Manila 21.6 km about 30 mins

1. Get on Metro Manila Skyway in Taguig from NAIA Terminal 3
2. Merge onto Metro Manila Skyway
3. Take Commerce Ave and Daang Hari Road
4. Turn right to Portofino

From Tagaytay Rotonda (near Days Hotel) Via Emilio Aguinaldo Hwy/R-2 and Daang Hari Road 40.6 km about 40 min without traffic

1. Head north toward Tagaytay-Calamba Rd
2. Exit the roundabout onto Emilio Aguinaldo Hwy/R-2
3. Turn right onto Daang Hari Road
4. Turn left onto Liguria St
5. Turn left to stay on Liguria St
6. Slight left to stay on Liguria St
7. Take the 1st left onto Domenico St
8. Portofino will be on the left

Portofino Nearby Facilities▲

Schools

• De la Salle Zobel
  
• Woodrose
  
• San Beda Alabang
  
• Southville International School

Hospitals

• Asian Hospital and Medical Center
  
• Ospital ng Muntinlupa
  
• Metro South Medical Center
  
• University of Perpetual Help Medical Center

Religious Institutions

• St. Jerome Parish
  
• St. James the Great Parish
  
• New Life
  
• San Beda Alabang Chapel
  
• GCF

Major Places

• Fernbrook Gardens
  
• Petron Gasoline Station
  
• Starbucks, Coffee Bean, Serenitea
  
• McDonald’s, Shakey’s, Brasas, Bread Talk, Reyes Barbecue
  
• Rustan’s Supermarket, Ace Hardware, Powerbooks
  
• Banco de Oro, Derma Gold, One Spa and other services

Malls and Leisure Spots

• Evia Lifestyle Center
  
• Alabang Town Center
  
• Festival Mall
  
• SM Southmall
  
• Sm Molino

Payment Terms and Conditions▲

1.  Modes of Payment

• Spot Cash – 100% payable within 7 days, 30 days or within Reservation month
• Deffered Payment – No downpayment at 0% interest
  • Lot Only – 100% payable in 36 months
• Bank or Inhouse Financing
  • Lot Only Scheme 1 – 30% DP in 24 months; 70% loanable
  • Lot Only Scheme 2 – 10% Spot DP; 30% in 36 months; 60% loanable

2. Reservation Fees (RF) – amount will depend on house and lot packages:

• Php 50,000.00 for 6M below
• Php 100,000.00 for 6M –  10M
• Php 150,000.00 for above 10M
• Reservation Fee is part of downpayment and valid for 30 days only.
• To avoid cancellation of RF after 30 days, Buyer must contact Developer’s office before expiry date.

3.  Loan Terms

• Bank Financing
  • Up to 15 yrs  for OFW; 20 yrs. for locally employed.
  • Interest rate is 8% per year but prevailing interest rate will apply upon loan take-out.
  • In case Buyer will not be approved for Bank Financing for whatever reason, In-House financing scheme will automatically be applied
• Inhouse Financing
  • Maximum term is 10 yrs.
  • 16% interest per year for 5 yrs term
  • 18% interest per year for 10 yrs. Term
  • Age allowed is 21 – 55 yrs. old

4.  Start of Payment

• Downpayment  (for Bank & Inhouse financing) – 30 days after reservation date.
• Amortization (for Bank and Inhouse financing) – after full downpayment or DP term.

5.  Total Contract Price – include taxes, transfer of title, miscellaneous fees & Meralco connection. Water connection is not included.

6.  Discounts

• Full Down Payment  (House & Lot Only)
  • 12%  if paid within Reservation Month
  • 10%  If paid within 30 days
  • Discount will be computed base on Net Downpayment (DP) amount
  • Net DP means reservation fee, misc. fees, vat (if applicable) and promo discount are deducted from downpayment amount
• Full Payment of Total Contract Price (House & Lot & Lot Only)
  • 15% if paid within 7 days
  • 12%  if paid within Reservation Month
  • 10%  If paid within 30 days
  • Discount will be computed base on Net Total Contract Price (TCP).
  • Net TCP means reservation fees, misc. fees, vat if applicable and promo discount are deducted from total contract price)

7.  Accredited Banks

• BDO, China Bank, RCBC, Union Bank, Bank of Commerce, Asia United Bank (AUB), BPI

8.  Reminders about Reservation Fees, Down Payment and Amortization

• Reservation fee and amortization are not refundable
• Promo discount given during reservation is not transferable and refundable.
• Reservation fee and downpayment maybe transferred subject to approval and transfer fee.
• In case of transfer / downgrade to other projects, 50% of the Reservation Fee will be forfeited.

9.  Other Fees to Pay Separately

• Bank Charges  – for loan processing and documentation expenses.  To be paid directly to the bank before loan take-out.   Estimated bank charges is 3-4% of loanable amount.
• Insurance – Fire and Mortgage Redemption Insurance (MRI) will be added to monthly amortization by the bank. Estimated monthly insurances is 0.0006 of loanable amount.
• Real Property Tax – To be paid when unit is turned-over then every year thereafter.  Tax amount depends on property amount and location.
• Move-in Fees – are payment of water connection and Homeowner’s membership fee only.  To be paid before move-in.
• Existing Homeowners’ Association Monthly Dues:
  • La Posada – Php 2,500/month
  • Crosswinds – Php2,800.00 per month
  • Condo – Php 90.00 per square meter
  • Augusta Sta. Rosa – Php6.00 per square meter  + VAT
  • Portofino – Php9.00 per square meter  + VAT
  • Augustia – Php5.00 per square meter  + VAT

• Construction Bond (optional) – is required once you start construction of your house. This is refundable if there is no property damage after construction. Estimated amount starts at Php150,000.00 – up for house and lot.  Amount depends on scope of construction.

Frequently Asked Questions▲

What are the required documents during Reservation of unit?

• 2 Government Issued ID of Client and Atty-in-Fact (AIF)
• Payment of Reservation Fee
• Marriage Certificate (if applicable)
• Signed Marketing Briefing Form
• Signed Site Map and Floor/Level Plan
• Signed and Filled out Reservation Agreement Form (RA)
• Properly filled out and signed Buyer’s Information Sheet (BIS)
• Signed Quotation Sheet (QS)
• Details of Atty-in-Fact (AIF) for Clients (and spouses) working abroad

Reservation Process Flow

• Pay the Reservation Fee in Cash, Credit Card or Check
• Sign Reservation documents
• Submit reservation documents to Marketing Officer
• Submit remaining documents within 30 days
• Attend Admin Briefing
• Attend Marketing/Project Briefing

Pre-Qualification Requirements for Bank Loan Approval

• Income – Gross Monthly Income X Credit Ratio
  • Credit Ratio:
    • Locally Employed – 30%
    • OFW – 30%
    • Self-Employed – 25%
• Dependents  – how many?
• Employment  –  length of tenure & company stability
• Age – at least 21 yrs old – 50 yrs old.

List of Requirements – see complete list of requirements here.

When Is the Start of Construction? – for Bank and In-house Financing, upon 15% payment of Total Contract Price (TCP)

Estimated Construction Period  is  12 – 15 months

When can Buyer Start House Construction?

• Bank Financing – bank loan is released and lot is fully paid.
• In-houseFinancing  – after Total Contract Price is fully paid.

Are there restrictions on house construction? – Yes. House to be constructed must be Mediterranean-inspired design.  Buyer must first submit house plan to Developer’s office for approval.

Why do we see different prices in the internet?

• Price is cheaper for regular lot, inner lot, beside perimeter fence, facing west,  no park and far from entrance.
• Price is higher with bigger lot areas like end lot, corner lot, irregular lot cut, facing east, located along main road, near park, amenities and entrance.
• Price may have change when you saw the computation. Please always ask for update.

Contact for FREE - Tripping, House Viewing Assistance, Sample Computations, Promos and General Enquiry▲

Contact Us

Need a quick reply to your inquiry? Contact us below and we'll get back to you within 12hrs max!

Mobile:
(+63) 917 530 5817

International clients thru Viber:
(+63) 917 530 5817

Email us at:
sales@megamanilahouses.com

Amenities▲

• Amore @ Portofino
  
• Activity Hall
  
• Swimming Pool
  
• Basketball Court
  
• Portofino Heights
  
• Monte di Portofino
  
• Italian-inspired lap pool
  
• Basketball Court
  
• Tennis Court
  
• Function Rooms convertible to Badminton Court
  
• Grand Ballroom for 300 persons
  
• Gym, jogging path and play ground
  
• Portofino South
  
• Basketball Court
  
• Interactive Swimming Pool for Kids
  
• Activity Area
  
• Underground utilities for cable, power and communication
  
• Semi-underground for Amore @ Portofino Phase 3
  
• Perimeter Fence and Buffer Trees for boundary lots
  
• Alternate Day Garbage Collection
  
• Deep wells and water reservoir for round the clock water supply
  
• Professional property management team
  
• Minimum of 2 security guards per gate
  
• Round the clock roaming security
  
• Security Outpost along perimeter line
  
• Well trained security personnel