Location: Jose Maria del Mar St. Brgy. Apas, Cebu IT Park, Lahug, Cebu City

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

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Ready for Occupancy (Tower 4)

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Studio Unit 

Sample Computation:

Studio Unit (w/ 10% Spot DP)

Floor Area

:

22.98 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 36 months

: : : :

Php 4,293,200.01 Php 20,000.00 Php 409,320.00 Php 11,925.55

80% Cash or Bank Financing : Php 3,434,560.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 31,838.80
10 years = Php 40,768.83
5 years = Php 68,821.54

Total Selling Price is Net of 15% discount – Php 634,285.71

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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 36 months

: : : :

Php 4,796,400.00 Php 20,000.00 Php 939,280.00 Php 26,091.11

80% Cash or Bank Financing : Php 3,837,120.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 35,570.58
10 years = Php 45,547.29
5 years = Php 76,888.01

Total Selling Price is Net of 5% discount – Php 211,428.57

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2 Bedroom Unit

Sample Computation:

2 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

57.10 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% over 48 months

: : : :

Php 10,631,237.50 Php 20,000.00 Php 1,043,123.75 Php 22,148.41

80% Cash or Bank Financing : Php 8,504,990.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 78,842.31
10 years = Php 100,955.74
5 years = Php 170,422.55

Total Selling Price is Net of 15% discount – Php 1,570,178.57

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Sample Computation:

2 Bedroom Unit (no Spot DP)

Floor Area

:

57.1 sqm.

Total Selling Price Reservation Fee 20% Equity Payable over 48 months

: : : :

Php 11,876,912.49 Php 20,000.00 Php 2,355,382.50 Php 40,070.47

80% Cash or Bank Financing : Php 9,501,529.99

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 88,080.36
10 years = Php 112,784.84
5 years = Php 190,391.17

Total Selling Price is Net of 5% discount – Php 523,392.86

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Pre-selling (Tower 5)

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Sample Computation:

Studio Unit (w/ 10% Spot DP)

Floor Area

:

22.8 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable in 54 months

: : : :

Php 5,365,260.00 Php 20,000.00 Php 516,526.00 Php 9,935.67

80% Cash or Bank Financing : Php 4,292,208.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 39,789.30
10 years = Php 50,949.27
5 years = Php 86,007.04

Total Selling Price is Net of 4% discount – Php 184,392.86

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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 48 months

: : : :

Php 5,529,830.64 Php 20,000.00 Php 1,085,966.13 Php 22,624.30

80% Cash or Bank Financing : Php 4,423,864.51

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 41,009.77
10 years = Php 52,512.05
5 years = Php 88,645.17

Total Selling Price is Net of 1% discount – Php 46,098.21

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Sample Computation:

2 Bedroom Smart Size (w/ 10% Spot DP)

Floor Area

:

47 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable in 54 months

: : : :

Php 10,260,180.00 Php 20,000.00 Php 1,006,018.00 Php 19,000.33

80% Cash or Bank Financing : Php 8,208,144.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 76,090.51
10 years = Php 97,432.12
5 years = Php 164,474.37

Total Selling Price is Net of 4% discount – Php 352,107.14

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Sample Computation:

2 Bedroom Smart Size (no Spot DP)

Floor Area

:

47 sqm.

Total Selling Price Reservation Fee 20% Equity Payable in 48 months

: : : :

Php 10,574,435.61 Php 20,000.00 Php 2,094,887.12 Php 43,643.48

80% Cash or Bank Financing : Php 8,459,548.49

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 78,421.06
10 years = Php 100,416.34
5 years = Php 169,512.00

Total Selling Price is Net of 1% discount – Php 88,026.79

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Sample Computation:

2 Bedroom Unit (w/ 10% Spot DP)

Floor Area

:

57.10 sqm.

Total Selling Price Reservation Fee 10% Spot Equity 10% Payable over 54 months

: : : :

Php 12,399,120.00 Php 20,000.00 Php 1,219,912.00 Php 22,961.33

80% Cash or Bank Financing : Php 9,919,296.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 91,953.10
10 years = Php 117,743.80
5 years = Php 198,762.34

Total Selling Price is Net of 4% discount – Php 427,000.00

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Sample Computation:

2 Bedroom Unit (no Spot DP)

Floor Area

:

57.10 sqm.

Total Selling Price Reservation Fee 20% Equity Payable in 48 months

: : : :

Php 12,780,217.50 Php 20,000.00 Php 2,536,043.50 Php 52,834.24

80% Cash or Bank Financing : Php 10,224,174.00

Estimated Monthly Amortization @ 7.5% p.a.
15 years = Php 94,779.36
10 years = Php 121,362.75
5 years = Php 204,871.47

Total Selling Price is Net of 1% discount – Php 106,750.00

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Gallery

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Vicinity Map