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Developer: Johndorf Ventures Location: Poblacion, Cordova, Cebu License to Sell: Tower A LTS No. 0002216 Project Type: Multi-Tower Residential Condominium (4 Towers across 1 Hectare) Target Completion (Tower A): Construction Starts 2028 | Estimated Turnover 2030 The name PALMAVA combines Palma (evoking tropical resort living and La Palma, Spain’s greenest island) and Nova (Catalan for “new” or “modern”). It offers an eco-friendly, resort-inspired lifestyle situated close to Mactan’s pristine beaches and Cebu City’s major commercial hubs via the CCLEX. Located at Lucas Jumao-as St. and Sergio Baguio St. in Poblacion, Cordova: Shopping & Commercial: Gaisano Grand Cordova – 3 mins SM Seaside City Cebu – 18 mins The Mall at NUSTAR & NUSTAR Resort – 21 mins South Coast City / SRP – 21 mins Schools & Universities: Benthel Asia School – 3 mins Cordova Public College – 5 mins Nissi Academy – 8 mins Duyan Learning Center – 18 mins Indiana Aerospace University – 21 mins Hotels & Resorts: Alta Cebu Resort – 5 mins Solea Seaview Resort – 10 mins Plantation Bay Resort & Spa – 15 mins Jpark Island Resort & Waterpark – 17 mins Bluewater Maribago Beach Resort – 19 mins Tambuli Seaside Resort – 25 mins Crimson Resort & Spa – 27 mins Key Destinations & Transit: Cordova Municipal Hall – 3 mins 10,000 Roses Cafe – 9 mins Mactan-Cebu International Airport (MCIA) – 28 mins Directly linked via CCLEX Expressway to SRP and Cebu City Tower A rises 12 floors with a total of 132 residential units (12 units per typical floor): Ground Level: Grand Lobby, Receiving Lounge, Commercial Strips, & Individual Mailboxes 2nd Floor: Exclusive Garden Suite Residential Units with Direct Amenity Access 3rd to 12th Floor: Typical Residential Units Podium Deck: Resort Amenities Roof Deck: Tower A Exclusive Garden Roof Deck Total Package Price (TPP): ₱5,768,000.00 Outright Discount: ₱50,000.00 Reservation Fee: ₱50,000.00 Equity (10% over 36 Months): ₱526,800.00 Monthly Equity: ₱14,633.33/month Loanable Balance (90% Bank Financing): ₱5,191,200.00 Est. Monthly Amortization (20 Years): ₱41,819.95/month Required Monthly Income: ₱145,000.00 Total Package Price (TPP): ₱7,597,200.00 (VAT Inc. & Transfer Charges) Outright Discount: ₱100,000.00 Net Total Selling Price: ₱7,447,200.00 Reservation Fee: ₱50,000.00 Equity (10% over 36 Months): ₱609,720.00 Monthly Equity: ₱16,936.67/month Loanable Balance (90% Bank Financing): ₱6,837,480.00 Est. Monthly Amortization (20 Years): ₱55,082.27/month Required Monthly Income: ₱189,000.00 Total Package Price (TPP): ₱8,135,650.00 Outright Discount: ₱100,000.00 Reservation Fee: ₱50,000.00 Equity (10% over 36 Months): ₱663,565.00 Monthly Equity: ₱18,432.36/month Loanable Balance (90% Bank Financing): ₱7,322,085.00 Est. Monthly Amortization (20 Years): ₱58,966.22/month Required Monthly Income: ₱202,000.00 Total Package Price (TPP): ₱11,390,800.00 Outright Discount: ₱200,000.00 Reservation Fee: ₱60,000.00 Equity (10% over 36 Months): ₱879,080.00 Monthly Equity: ₱24,418.89/month Loanable Balance (90% Bank Financing): ₱10,251,720.00 Est. Monthly Amortization (20 Years): ₱82,587.16/month Required Monthly Income: ₱281,000.00 Total Package Price (TPP): ₱10,194,712.00 Outright Discount: ₱100,000.00 Reservation Fee: ₱50,000.00 Equity (10% over 36 Months): ₱869,471.20 Monthly Equity: ₱24,151.98/month Loanable Balance (90% Bank Financing): ₱9,175,240.80 Est. Monthly Amortization (20 Years): ₱73,915.12/month Required Monthly Income: ₱252,000.00 Total Package Price (TPP): ₱15,292,068.00 Outright Discount: ₱200,000.00 Reservation Fee: ₱60,000.00 Equity (10% over 36 Months): ₱1,209,206.80 Monthly Equity: ₱33,589.08/month Loanable Balance (90% Bank Financing): ₱13,762,861.20 Est. Monthly Amortization (20 Years): ₱110,872.87/month Required Monthly Income: ₱375,000.00 Smart Home Features: Smart Lock, Smart Lighting Switch, and Smart IR Repeater Kitchen: Countertop, overhead & under-counter cabinets, sink with lavatory, and grease trap Bathroom: Water closet with bidet, wall-hung lavatory with under-counter cabinet, rain shower head, shower heater outlet, and complete plumbing fixtures Bedrooms: Window nook feature (and walk-in closet for 2BR masters) Balcony / Terrace: Sliding glass door access Central Amenities: Grand Lobby & Receiving Lounge Leisure Pool, Lap Pool, & Kids Pool Poolside Lounge & Sunken Lounge Clubhouse for events Fitness Gym Garden Pathway & Jogging Path Podium Deck Amenities: Lounge & Play Area Wellness Zone Garden Alfresco Tower A Roof Deck: Garden Roof Deck featuring panoramic ocean, city, and mountain views Large unit windows for maximum natural lighting Rainwater harvesting system Energy-efficient lighting and utilities Naturally ventilated hallways with air pockets and windows Wide inter-tower spacing promoting cross-ventilation 100% Backup Power for all units and common areas RFID access control for elevators and common areas 24/7 Security System with dedicated CCTV control room Two passenger elevators (Tower A) On-site property management office & building admin Fire protection: Automatic smoke detectors, fire alarms, sprinklers, and 2 fire exit stairwells per building Internet-ready infrastructure Garbage holding area on every floorPALMAVA – Modern Resort-Style Living in Cordova, Cebu
About Palmava
Location & Accessibility
Tower A Overview & Stacking Structure
Unit Pricing & Sample Payment Schemes
1. Typical Studio Unit (Corner B – 22.71 sqm)
2. Typical 1-Bedroom Unit (Sea View – 40.00 sqm)
3. Typical 1-Bedroom Unit (Amenity View – 42.50 sqm)
4. Typical 2-Bedroom Unit A (60.00 sqm)
5. Garden Suite 1-Bedroom Unit (71.32 sqm with Terrace)
6. Garden Suite 2-Bedroom Unit A (106.98 sqm with Terrace)
Unit Deliverables & Finishes
Resort-Style Amenities
Sustainability & Green Features
Building Facilities & Security
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