What is the No Down payment scheme package as advertised abroad?
This is a special new package for international buyers payable either 5 or 10 years based on Dollar/Sterling/Euro Denominated sales Contract. The FREE cabanas will be turned over after the equivalent of the 20% down payment is paid for lot purchase and 30% down payment for house and lot purchase. • What is the difference a Dollar/Sterling/Euro Denominated and Peso Denominated Contract? A Foreign Currency denominated contract is paid in US$ or Sterling or Euro and carry a lower interest rate than a Peso contract. The company (IHC) carries the financing of the contract and will require an authority to have an automatic payment arrangement with a foreign bank for the buyer’s monthly payments. A Dollar /Sterling/Euro denominated contract is paid in dollar, Pound Sterling, or Euro and carry a 10% interest for 5 years and 12% interest for 10 years. A Peso denominated contract is paid in Pesos and carries a 19% interest for 5 years and 21% interest for 10 years. Once contract is signed, buyer
This is a special new package for international buyers payable either 5 or 10 years based on Dollar/Sterling/Euro/SingaporeDollar /Hongkong Dollar Denominated sales Contract. The FREE IMA BATH (Outdoor/Indoor Jacuzzi) will be turned over after the equivalent of the 30% down payment is paid for the house and lot including the equivalent of 6 months of amortization. There is no foreign exchange conversion benefit when one chooses the NO DOWNPAYMENT scheme. • What is the difference a Dollar/Sterling/Euro/Sing$ Denominated and Peso Denominated Contract? A Foreign Currency denominated contract is paid in US$ or Sterling or Euro/Sing$ and carry a lower interest rate than a Peso contract. The company (IHC) carries the financing of the contract and will require an authority to have an automatic payment arrangement with a foreign bank for the buyer’s monthly payments. A Dollar /Sterling/Euro/Sing $ denominated contract is paid in dollar, Pound Sterling, or Euro and Sing Dollar and carry a 10% i