Fernvale Living and Leisure Subdivision - Coron, Palawan

Fernvale Living and Leisure Village is a residential resort village where you enjoy the amenities of a first class resort and the safety and security of a gated community. It is a planned community with top-grade infrastructure, including full underground electricity and other utilities.

Fernvale has many leisure options for the pleasure of the residents. Fernvale Leisure Club, with its big clubhouse and vast multi-level and multi-feature swimming pool, is now done. The Fernvale Sports Club with is many ports facilities will now be built. Phase 2 will include the Fernvale Boat Club with its own clubhouse and marina on the sea.

In Fernvale nature reins supreme. The river all the way to the sea will be preserved, and its riverbank maintained as a linear park. The adjacent mangrove forest will be preserved. Several areas in the project are allotted for parks and community amenities.

Fernvale is now developing into a community. Several buyers have already built or started building their homes or vacation villas. All of them except 1 selected us as their builder. There is now a large number expats, Metro Manilans, and Coronians who bought a lot. It is now growing into a multinational village, with 9 countries already represented.

Fernvale is at the most upscale location in Coron. It is fronting the National Highway. It is 10 minutes from the urban center, but not affected by congestion. It is also 30 minutes from the airport, 15 minutes from the seaport, and 10 minutes from the boat station.

The project is now 90% complete and ready for living in. Road concreting will be completed this summer. Underground utilities are targeted for completion within 2014.

Every lot already has a separate title. You have the option to purchase your lot through our inhouse financing or through the bank or PAGIBIG. You also have the option to buy lot only or a house and lot package.

For Details & Accreditation Contact:

MARISSE TABOR
Prc Reg. 0007266
Contact Number: 0919 692 3588
Email: marhorealty@gmail.com
Website: http://fernvalecoron.blogspot.com/ 
Facebook:https://www.facebook.com/groups/fervalecoronpalawan/
Youtube: http://youtu.be/UgWc8KXExIA

BELLAGIO HOUSE MODEL

FERNVALE LIVING & LEISURE SUBDIVISION QUICK FACTS & FIGURES

FERNVALE LIVING & LEISURE SUBDIVISION

QUICK FACTS & FIGURES

PROJECT LOCATION:

1. The project address is National Highway, Barangay Poblacion 6, Coron, Palawan.
2. It is fronting the National Highway, 4 kilometers from the main urban center of Coron, 18 kilometers from the airport, and 5 kilometers from the seaport.

PROJECT CONCEPT:

1. Project Concept: Residential Leisure Community
2. Architectural Theme: Modern Asian
3. Total Project Area: Land Area Horizontal Devt Status
   1. Phase 1: Residential Subdivision 15.5 hectares 95% done
   2. Phase 2: Front Mixed Uses Zone 6.0 hectares 60% done
   3. Phase 3: Fern Sea 6.0 hectares 5% done
   4. Phase 4: Fern View 3.5 hectares Not yet started
4. Phase 1 will have individual lots where only single detached residential villas are allowed. Each lot is fronting a wide tree-lined street with paver sidewalk and a green margin with flowering plants. Every lot will be connected to underground utilities including water, electricity, future communication lines including phone and cable TV.
   1. Number of saleable residential lots 351
   2. Centre Park with landscaping, seats, gazebos, ponds, and other park elements in the middle of the residential area.
   3. Riverbank Promenade, a 700-meter linear park along Dipulao River at the back of Fernvale. It will have beautiful park elements. It is designed for leisurely afternoon promenades. It will also have ramps, steps, and small coves that provide access to the river. Residents can reach the sea by way of kayaks and the like.
5. Phase 2 will be the commercial zone beside the national highway. It is envisioned to have the following elements:
   1. Fernvale Terminal – a small multi-modal land transportation terminal along the national highway
   2. The Esplanade – a pedestrian street bisecting the zone, to be lined with shops, restaurants, bars, and entertainment establishments on both sides
   3. Museum of Calamian History and Culture – to showcase the history and culture of the Calamian Group of Islands, of which Coron is part, and its peoples
   4. Market Square – a supermart with a clean wet market underneath
   5. School Site – a pre-school for the children of Fernvale residents and the area
   6. Fernvale Condo Hotel – a hotel consisting of condo units. Buyers have the option to make their condo unit earn money by joining it to the hotel operation only whenever they opt to.
   7. Motorists Center – a gas and service station offering a full range of services to motorists.
   8. Fernvale Leisure Club and Fernvale Sports Club
   9. A future convention center
6. Phase 3 will be the waterfront area south of Phase 1. This will be on our newly acquired land along Dipulao River, extending from Phase 1 toward the sea. More land are slated to be acquired to expand this program. This phase will enhance Fernvale’s access to the sea with the following features:
   1. A small Fernvale Marina with a waterfront dock, boat ramp, boathouse with maintenance services.
   2. A pavilion with a bar, restaurant, store, lounge areas, terraces, and other guest facilities.
   3. There will be a linear park along the riverbank extending from the west end of Riverbank Promenade to Fernvale Marina.
   4. Space will be allocated for residential units.
   5. Space will also be allocated for future hotel and resort development.

PROJECT PROPONENTS:

1. The developers and landowners of Phase 1 are Spouses Jesus Vicente D. Fernandez and Maria Luisa M. Fernandez.
2. The developer and landowner of Phases 2 to 4 will be Fernvale Living and Leisure Development Corp.

PROJECT FINANCING:

1. The project is and will be financed entirely with the developers’ and investors’ funds.
2. The project itself is free of any debt.

PHASE I PROJECT INFRASTRUCTURE:

1. All roads are concreted with gutter and curb on both sides.
2. There is a green margin on both sides of every road, planted with trees and flowering plants.
3. There is a sidewalk on both sides of every road, made of concrete pavers.
4. Road widths are as follows:
   1. Road type Road lot Carriageway Sidewalk Green margin
   2. Main road at entrance 24 meters 14 meters 2 meters 2 meters
   3. Main road segment 1 20 meters 13 meters 2 meters 1.5 meters
   4. Main road segment 2 20 meters 11 meters 2 meters 2.5 meters
   5. Main road segment 3 20 meters 9 meters 2 meters 3.5 meters
   6. Secondary roads 12 meters 7 meters 1.2 meters 1.3 meters
5. The drainage system is built to handle maximum sustained rains.
   1. Total length is about 8 kilometers, using up 8,000 culverts
   2. Fully underground
   3. Every road has drainage line on both sides under the sidewalk
   4. 440 curb drains
   5. 220 catch basins
   6. 4 outfalls
   7. 30cm to 120cm culver inside diameter
6. Water supply will be available for every lot.
   1. Piping will be fully underground.
   2. Every lot will have a water connection and metering point.
   3. There will be an elevated tank for consistent water pressure.
   4. There will be a large storage tank for reliable supply.
   5. Main water supplier is Calamian Rural Waterworks and Sanitation Association Inc.
   6. The water distributor will be developer.
   7. There will be a deep well to augment to ensure steady supply of water.
7. Power supply will be provided by the local power company.

DEVELOPMENT PROGRESS AND TIMETABLE:

1. Phase 1 is 90% complete Target completion is end of 2014
2. Phase 2 is 50% complete. Target completion is end of 2015 (common areas only)
3. Phase 3 progress is 5%. Target completion is end 2016
4. Phase 4 is not yet started. Target completion is end of 2018
5. Every lot already has an individual title.
   1. The Deed of Restrictions is annotated on every lot tile.
   2. All the lot titles are clean, with no liens or mortgages.
   3. The buyer can mortgage the lot title to finance their lot purchase.

THE THREE CLUBS OF FERNVALE:

1. Fernvale will have 3 clubs for the use of residents:
   1. Fernvale Leisure Club
   2. Fernvale Sports Club
   3. Fernvale Boat Club
2. Fernvale Leisure Club, located in Phase 2, is already complete and will be opening soon. It has the following features:
   1. A large clubhouse with 2 entrances, long elevated terrace, and several serviced function halls of different sizes that can accommodate up to 400 guests
   2. Big lower swimming pool 40 meters long with wading area, diving area, sitting bays with immersed benches, islands, wading area, and a beverage and snack bar with stools right in the pool.
   3. An upper swimming pool 30 meters long with fountains, bays, a bubble bay with long bench, and 2 romantic arch bridges
   4. Children’s pool surrounded by fountains and a large center fountain
   5. Infinity edges on all pools
   6. Tiles decks meandering around the lower pool
   7. A winding “pebble beach” along the upper pool
   8. A large waterfall, 2 meters high, from the upper to the lower pool, with a nicely designed edge for laminar water flow
   9. Alfresco restaurant on white pebbles with a beach umbrella at every table
   10. Many terraces and sitting areas of different sizes at different elevations
   11. Lush gardens with gazebo, tiled paths, and capiz lamps
   12. Ample toilet, shower, dressing, and locker facilities
   13. Several roofed pavilions
   14. Wishing well in its own pavilion
   15. Beverage par with stools on white pebbles area
   16. Outdoor grill
   17. Zen Garden with turtle pond in the middle
   18. Orator’s Garden with a small stage for small outdoor performances
   19. Western terrace overlooking the children’s playground
   20. Children’s playground (facilities still to be installed)
   21. Backup generator 75kVA with automatic transfer switch
   22. Leasable spaces for village amenities
   23. Ample parking space
3. Fernvale Sports Club will be located on Phase 2 also. Target completion date is midyear of 2014. It will have the following features:
   1. Clubhouse with lounge, restaurant, and bar
   2. 2 tennis counts
   3. 1 badminton court
   4. 1 volleyball court
   5. 1 beach volleyball court
   6. Indoor gym
   7. Covered basketball court
   8. Lush plantings
   9. Complete service facilities
   10. Ample parking space
4. Fernvale Boat Club will be on the waterfront in Phase 3. Its target completion date is end 2016. It will have the following features:
   1. Clubhouse building with entrance, lounge, dining and bar facility, convenience and souvenir store, and terrace overlooking the boats
   2. A boathouse wing connected to the clubhouse building with dive shop, and boat shop
   3. Wharves and moorage for non-commercial pleasure boats
   4. Boat servicing and refueling facility
   5. There is an option to build a small hotel to be part of this club.

CONDOMINIUM HOTEL:

1. The area around the Fernvale Leisure Club will be developed into a low-rise residential condominium project with hotel operation.
2. It will have several buildings that will be built in phases.
3. It will have direct access to the Fernvale Leisure Club.
4. Unit buyers will have free membership in the Fernvale Leisure Club.
5. Unit buyers have option to assign their unit to the hotel operation whenever they are not using it.
6. Every unit will have sweeping views of the club ground or the surrounding mountains and landscape.
7. There will be a landscaped promenade running along all the building and connected by bridges between the buildings.
8. Development is targeted to start in 2015.

Prepared by Jesus on 27 June 2014, in Coron, Palawan

CONTRACT TO SELL

CONTRACT TO SELL

(Inhouse Financing by Installment w/ or w/o Downpayment)

Know all men by these presents:

This Contract to Sell, hereinafter referred to as the Contract, executed and entered into on this ninth (9^th) day of August 2012 at Coron, Palawan, Philippines, by and between:

Spouses Jesus and Maria , both Filipinos of legal age, with residence and postal address at Sitio Alakak, Barangay San Nicolas, Coron, Palawan, hereinafter referred to as the Seller;

-And-

Spouses Juan de la Cruz and Juana de la Cruz, a/both Filipino/s of legal age, with residence and postal address at Barangay 1, Poblacion, Coron, Palawan, hereinafter referred to as the Buyer;

Witnesseth:

Whereas, the Seller is the lawful owner of one (1) Parcel of Land, hereinafter referred to as the Lot, identified as Lot 10 Block 10, Subdivision Plan PSD-04-206738, with a total area of One Hundred Seventy Five (175 SQM) Square Meters, more or less, covered by Transfer Certificate of Title Number T-21114, hereinafter referred to as the Mother Title, and technically described as follows:

Line Bearing Distance

Tie-line North 02deg 55min East 472.1 meters

Line 1-2 North 58deg 47min West 16.42 meters

Line 2-3 North 39deg 35min East 9.65 meters

Line 3-4 North 47deg 23min East 3.11 meters

Line 4-5 North 76deg 13min East 3.11 meters

Line 5-6 South 73deg 47min East 3.11 meters

Line 6-7 South 58deg 47min East 8.96 meters

Line 7-1 South 31deg 13min West 15.54 meters

Whereas the Seller intends to sell the Lot to the Buyer, who intends to purchase the same from the Seller;

Now, therefore, for and in consideration of the foregoing, the Parties hereby bind themselves to the following terms and conditions:

1. The Total Purchase Price for the Lot shall be Eight Hundred Fifty Two Thousand (₱852,000.00) Pesos, net of Withholding Tax and exclusive of Value Added Tax and other applicable taxes, if any.
2. It is hereby acknowledged by the Seller that the Buyer has paid the sum of Twenty Thousand (₱20,000.00) Pesos in cash as the Reservation Fee on 09 October 2012.
   1. The said Reservation Fee shall be applicable in full to the Downpayment.
   2. The said Reservation Fee entitles the Buyer to a 30-day reservation on the purchase on the Lot ending on 09 November 2012.
3. The Buyer shall pay the Seller the sum of Seventy Five Thousand Six Hundred (₱75,600.00) Pesos in cash not later than 09 November 2012 representing the thirty (30%) percent Downpayment net of Withholding Tax and exclusive of Value Added Tax and other applicable taxes, if any, and minus the Reservation Fee.
   1. In the event that the Buyer fails to make the said payment in full, as hereinafter set forth, on or before 09 November 2012, or decides to opt out of the purchase, this Agreement shall be considered cancelled and the Reservation Fee shall be forfeited in full in favor of the Seller.
   2. In the event that the Seller cancels the said Reservation, the Seller shall reimburse the Buyer with double the amount of the Reservation Fee not latter than 18 September 2012 so that this Agreement shall be considered cancelled.
4. The Balance of Seven Hundred Seventy Six Thousand Four Hundred (₱776,400.00) Pesos, net of Withholding Tax and exclusive of Value Added Tax and other applicable taxes, if any, shall be paid in sixty (60) Monthly Installments of Fourteen Thousand Three Hundred Ninety Nine and 14/100 (₱14,399.14) Pesos each including interest, net of Withholding Tax and exclusive of Value Added Tax and other applicable taxes, if any, for the next sixty (60) consecutive months beginning on 09 December 2013, payable on the ninth (9^th) of each month within the herein payment period without need of notice or demand from the Seller.
5. All succeeding payments by the Buyer to the Seller shall be as follows:
   1. All payments shall be made as deposits or fund-transfers to one of the Seller’s following bank accounts under the name “Jesus Vicente D. Fernandez and Maria Luisa M. Fernandez”:
      1. Bank of the Philippine Islands-Coron, Palawan Branch account number 2493-0140-08.
      2. Allied Savings Bank–Coron, Palawan Branch account number 8771-00055-5.
      3. Banco de Oro-Alabang Hills, Muntinlupa Branch account number 650000229-5.
   2. The Buyer shall submit to the Seller one (1) original duplicate of each deposit slip or other proof of payment from the bank in exchange for the corresponding Acknowledgement Receipt signed by the Seller.
   3. The date that a certain payment is credited in the Seller’s bank account shall be considered the effective date of the payment, not the date that the Buyer sent the payment.
   4. Payments in foreign currency shall be converted to Philippine Pesos by the Seller’s bank at their current in-house exchange rate prior to crediting to the Seller’s account.
   5. The Philippine Peso amount credited to the Seller’s bank account shall be the effective value of the payment.
   6. The Seller shall not honor payments that are not in accordance to the herein procedure or payments coursed through or submitted to other parties.
6. All late payments shall be subject to monthly Penalty of five (5%) percent of the value of the overdue obligation, on top of the herein contracted interest, compounded monthly, until the obligation and its incurred Penalty have both been paid in full.
   1. The Seller has no obligation to remind the Buyer of payments and obligations that are overdue or coming due.
   2. In the event that the Buyer fails tomake four (4) consecutive payments on the Monthly Amortization, unless caused by force majeure, proof of which shall be the burden of the Buyer, the herein sale shall be cancelled and all payments made shall be forfeited in favor of the Seller.
      1. In the further event that the Buyer is already occupying the Lot, the Buyer shall vacate the same within thirty (30) days from receipt of notice from the Seller or from posting of the same in front of the Lot.
      2. In the further event that the Buyer has already made fixed improvements on a Lot, said improvements shall revert to the ownership of the Seller.
   3. All obligations shall be cumulative, and all payments chronologically applied so that the earliest obligation outstanding shall be paid first.
7. Upon the prior consent of the Seller, the Buyer may transfer their rights over the Lot and all payments made to date in favor of a Third Party, subject to the Seller’s consent.
   1. The Buyer shall shoulder the expenses incurred in executing the said transfer of rights.
8. Upon full payment of the Total Purchase Price, the Buyer shall have the right to Possession of the Lot.
   1. Not later than thirty (30) days prior to any construction on the Lot, the Buyer shall pay the sum of Five Thousand (₱5,000.00) Pesos to the Seller representing the Verification Survey Fee for the required geodetic resurvey of the Lot.
   2. Within twenty (20) days after payment of the said Verification Survey Fee, the Seller shall have the geodetic resurvey of the Lot done by a licensed Geodetic Engineer and a lot plan certified by the same made available to the Buyer.
9. Upon complete payment by the Buyer of the Downpayment, all Installments, and all other Fees stipulated herein, the Seller shall execute a Deed of Absolute Sale of the Lot in favor of the Buyer.
   1. Upon execution of the Deed of Absolute Sale, The Seller shall proceed with the transfer of title of the Lot to the Buyer’s name.
   2. The Buyer shall pay the Seller the Processing Fee of Eight Thousand (₱8,000.00) Pesos prior to the registration of the sale and transfer of title of the Lot to the Buyer’s name.
   3. The Capital Gains and Documentary Stamp Taxes shall be on the Seller’s account, while the Transfer Tax shall be on the Seller’s account.
   4. All expenses on the transfer of the Declaration of Real Property to the Buyer shall be on the Buyer’s account.
10. The property tax applicable upon the Lot shall be on account of the Seller up to the year that the Buyer has acquired the right take possession of the same, after which it shall be on account of the Buyer.
11. The Seller hereby guarantees the completion of all required improvements in and for the said Subdivision not later than the deadlines set by the Housing and Land Use Regulatory Board with regards to the Developer.
12. The Seller however shall not guarantee the supply of power, water, and other utilities to the Buyer, as these have to be provided by the appropriate local utility.
13. The Buyer and their respective heirs, assigns, and successors-in-interest, as well as the Lot and all present and future improvements thereon, if any, shall be subject under the Deed of Restrictions of Fernvale Living and Leisure Subdivision, and all rules adopted by the Developer or the Fernvale Business and Homeowners Association Inc. for the Subdivision.
14. The said Total Purchase Price shall include the Buyer’s Membership in Fernvale Sports and Leisure Club, a facility that the Seller shall establish inside the said Subdivision, which shall allow the Buyer to avail of the facilities and services of the said club for a discounted fee.
15. The exact technical description of the Lot shall be subject to adjustments, if necessary, in order to preserve the integrity of the subdivision plan.
    1. If such adjustments entail an increase or decrease in the lot area, the Total Purchase Price shall be revised accordingly at the same price per square meter as herein contracted.
16. All rights to the strip of land between the Subdivision and the river running beside the same, including all usufruct rights therein, if any, shall belong to the Seller.
    1. The Seller shall however keep the said strip of land predominantly as open space, and shall allow the Buyer and his family, as well as other property owners in the Subdivision, access to the same at all times, subject to rules and regulations.
    2. The Seller shall also allow the Buyer to build a gate on the Lot, not more than two (2) meters in width, directly leading to the said strip of land.
17. The address of the Lot shall be “30 Ipil Street, Fernvale Subdivision, Coron, Palawan”, which the Buyer shall always adhere to at all times with regards to the Lot.
18. All rights and obligations enshrined in this Contract shall be binding upon the Parties, their heirs, assigns, and successors-in-interest.
19. Should any provision in this Contract be nullified in a court of law, the validity of this Contract and all of its other provisions not affected by such nullification shall remain binding upon the Parties.
20. Any legal case arising from a dispute between the Parties within the bounds of this Contract may only be elevated to a court of law in Coron, Palawan, or in Metro Manila.

In Witness Whereof, the Parties have hereunto affixed their respective signatures on this Contract on this ninth (9^th) day of August 2013 at Coron, Palawan, Philippines.

Seller:

Jesus Vicente D. Fernandez Maria Luisa M. Fernandez

Buyer:

Juan de la Cruz

Signed in the presence of:

__________________________ __________________________

Republic of the Philippines)

City of________________) s.s.

ACKNOWLEDGEMENT

On this ninth (9^th) day of August 2013 at Coron, Palawan, Philippines, personally appeared before me Spouses Jesus Vicente D. Fernandez and Maria Luisa M. Fernandez (Seller) and Juan de la Cruz (Buyer) who are all known to me and known by me to be the same persons who executed the foregoing instrument and acknowledged that the same is their free act and deed. The Signatories to this instrument exhibited the following respective identities:

Names	Phil. Govt. ID Type	Number	Date & Place Issued
Jesus	Passport	XX0925609	17 March 2010, Manila
Maria	Passport	EB7175926	16 January 2013, Manila
Juan de la Cruz

This instrument consists of four (4) pages, including this page, with every page signed by each Party and their instrumental witnesses.

NOTARY PUBLIC

Doc No: ______

Page No.______

Book No: _____

Series of: 2013