Value-for-money homes in Mexico, Pampanga now pre-selling

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Following a ceremonial ground-breaking held on September 26, low-cost housing units at the Las Palmeras project in Mexico, Pampanga by Aquira Land Development Corp. (ALDC) are now available at special pre-selling rates.

All available units are two-story three-bedroom units with two bathrooms. Smaller, more affordable units have a single garage, while larger units have two-car garages, sizes range from 62 to 79.5 square meters of floor area.

A total of 1,548 are available for purchase and will be completed by the fourth quarter of 2024.

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As Aquira is a partner of the National Home Mortgage Financing Corp. (NHMFC), long-term financing will be available to eligible buyers.

Completed along with the Phase 1 units will be Las Palmeras’ amenities, among these are a swimming pool, a clubhouse, parks, and basketball courts.

“It has always been our plan to offer better value for money than what is typically available on the low-cost housing market,” said Erick Armigos, Aquira Land chief executive officer.

The first phase of what is planned as a 6,428 unit low-cost housing development on a 57-hectare piece of land in Barangay Pandacaqui Mexico, Pampanga.

On hand for the ribbon-cutting ceremony was Maria Luisa Favila, vice president of the Securitization Group of NHMFC, who affirmed the agency’s support for Aquira Land buyers.

“We offer a lower interest rate for your home financing provided you are qualified for the program. You can enjoy the benefits of a lower interest rate, and a longer-term loan, compared to other financial institutions,” Favila said. “I hope as a government institution, we can help all the buyers to have a good home provided by Aquira Land through this partnership.”

This project is a joint venture between ALDC and Benjamin Construction and Equipment Inc.

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