128 Nivel Hills

Date Updated: March 4, 2024

Location: Cebu Veteran’s Drive, Nivel Hills, Lahug, Cebu City

Developer: Sta. Lucia Land, Inc.
Joint Venture: Diamond Hilands

Nivel Hills is a master-planned property poised to be the most sought-after address in Metro Cebu, sitting on an expensive property along Cebu Veteran’s Drive, Nivel Hills, Lahug Cebu City.

The whole Nivel Hills project is composed of two (2) towers and a branded hotel. The first tower is a mix of 210 condotel units and 346 residential units. While the second tower is purely a residential development boasting 613 units.

Residents and guests are assured of exceptional living spaces, five-star amenities and modern conveniences.

Amenities:

Fitness Gym
Game Room
Fitness Gym & Wellness Center
Pool Complex
Meeting Rooms
Open Lounge

Construction and Delivery Tower 1:

Start of Construction : January 2020
Target Year of Completion/ Turnover/ Operations : 2026 plus 6 months grace period

Shopping and Leisure:

Casino Filipino – 3.2 km/ 10 mins.
Ayala Malls Center Cebu – 3.7 km/ 10 mins
Cebu Country Club – 5.1 km/ 15 mins
Magellan’s Cross – 6.3 km/ 25 mins

Business Parks:

Cebu Business Park – 3.9 km/ 13 mins
Cebu IT Park – 3.0 km/ 9 mins

Educational Institutions:

Cebu Pelis Institute – 350 m/ 1 min
University of the Philippines – 2.5 km/ 5 mins

Health Facilities:

Chong Hua Hospital – 2.6 km/ 15 mins
Cebu Doctor’s University Hospital – 2.8 km/ 16 mins

Why Nivel Hills?

Restaurants, car dealerships and other high-end establishments have moved into the area making this place the most vibrant and dynamic section of town.
It’s a luxury address that has a panoramic view of the entire Cebu City.
It’s neighbourhood are landmarks of Cebu City such as the 5-star hotel-Marco Polo Plaza.
Nivel Hills offers an upscale living.
Nivel Hills has the most breath taking view of the mountains of Cebu, and Mactan Channel giving you the most relaxing ambiance.

Advantages of a Condotel:

Tangible Asset
- Quarterly dividends from Sta. Lucia
- 30 rooms nights per year
Security & Ownership
- Hassle-free full ownership by CCT, investment, option to use as residential after 15 years
Income Potential
- Guaranteed income thru quarterly dividends based on occupancy rate of the hotel
Exclusive Privileges
- Complimentary non-cumulative 30 room nights per year, with the option to use 3 room nights at other operational condotels to be deducted from the 30 nights.

Advantages of a Condo:

Tangible Asset
- Monthly rental income from a private lessee
Security & Ownership
- Full ownership covered by CCT, with the option to lease, sell at your risk
Income Potential
- Non-guaranteed rental income from private lessee depending on market
Exclusive Privileges
- NONE

Residential Units (T1)

Studio Unit

Sample Computation:

Studio Unit

Floor Area

28.0125 sqm.

Total Investment
5.5% Misc. Fees
Reservation Fee
20% In. Investment 48 mos.
Misc. Fee over 48 mos.
Total Monthly Investment

:
:
:
:
:
:

Php 3,739,108.50
Php 183,616.94
Php 50,000.00
Php 14,537.95
Php 3,825.35
Php 18,363.30

80% Cash or In-House Financing : Php 2,991,286.80

Monthly Investment @ 14% p.a.
10 years = Php 46,444.65

2 Bedroom Unit

Sample Computation:

2 Bedroom Unit

Floor Area

70.987 sqm.

Total Investment
5.5% Misc. Fees
Reservation Fee
20% In. Investment 48 mos.
Misc. Fee over 48 mos.
Total Monthly Investment

:
:
:
:
:
:

Php 11,253,737.46
Php 552,638.89
Php 110,000.00
Php 44,598.91
Php 11,513.31
Php 56,112.22

80% Cash or In-House Financing : Php 9,002,989.97

Monthly Investment @ 14% p.a.
10 years = Php 139,786.22

Total Investment is inclusive of 1 parking slot.

3 Bedroom Unit

Sample Computation:

3 Bedroom Unit

Floor Area

79.267 sqm.

Total Investment
5.5% Misc. Fees
Reservation Fee
20% In. Investment 48 mos.
Misc. Fee over 48 mos.
Total Monthly Investment

:
:
:
:
:
:

Php 12,879,627.94
Php 632,481.73
Php 130,000.00
Php 50,956.78
Php 13,176.70
Php 64,133.48

80% Cash or In-House Financing : Php 10,303,802.35

Monthly Investment @ 14% p.a.
10 years = Php 159,981.92

Total Investment is inclusive of 1 parking slot.

4 Bedroom Unit

Sample Computation:

4 Bedroom Unit

Floor Area

114.515 sqm.

Total Investment
5.5% Misc. Fees
Reservation Fee
20% In. Investment 48 mos.
Misc. Fee over 48 mos.
Total Monthly Investment

:
:
:
:
:
:

Php 18,196,316.16
Php 893,569.10
Php 160,000.00
Php 72,484.65
Php 18,616.02
Php 91,100.67

80% Cash or In-House Financing : Php 14,557,052.93

Monthly Investment @ 14% p.a.
10 years = Php 226,022.18

Total Investment is inclusive of 1 parking slot.

Tower 2