Maybank Foreclosed Property at Unit 4061, 4th Floor, Savoy Hotel Boracay, New Coast Drive, Yapak, Malay, Aklan – Condotel unit – not in Bank’s possession (Occupied)

This Maybank Foreclosed Property is included in their property list as retrieved last 2025-March-05. More details below.

Property details

• Property Source: Maybank
• City/Province: Malay, Aklan
• Location: Unit 4061, 4th Floor, Savoy Hotel Boracay, New Coast Drive, Yapak, Malay, Aklan
• Description: Condotel unit – not in Bank’s possession
• Title number(s): CCT No. 087-2019000008
• Lot Area (sqm):
• Floor Area (sqm): 27.20
• Selling Price (PHP): 6,055,000.00

Reminders

1. Prices are negotiable.
2. Prices are subject to change without prior notice.
3. Maybank reserves the right to amend the terms, conditions, and withdraw/replace any and all properties anytime for whatever reason Management may deem appropriate.
4. All sales shall be on an “as-is, where-is” basis, no warranties and “no recourse” basis. Status and condition of the properties are not comprehensive or complete: Buyers are therefore advised to conduct their own due diligence prior to submission of an offer to buy
5. Please confirm availability of property from Sales Team, Leslie Sevilla (ph.ropa_re@maybank.com/0998-588-3893), Karlo Tresvalles (ph.ropa_re@maybank.com/0908-817-0338) and Morris Dale Cruz (ph.ropa_re@maybank.com/0998-588-3896).
6. Submission of offer to buy is on a first come, best offer basis. Maybank reserves the right to conduct private bidding in the event of multiple offers received on the same property subject to the bidding policy of Maybank.
7. Mere submission of an offer does not construe a right of “first option” by the offeror.
8. The creditable withholding tax up to the agreed purchase price shall be for the account of Maybank. Any fractional cost or excess shall be for the buyer’s account.
9. Prices are not applicable to buyback of the former owners or relatives up to 1st degree of consanguinity. Please confirm with Maybank any buyback price.
10. Brokers or agents are not allowed to accept any payment from prospective buyers.
11. Taxes and required fees due from buyer must be settled on time during documentation to avoid penalties.

How to buy/avail (Summary)

THIS IS FOR SALE ON A FIRST-COME, BEST-OFFER” BASIS

(PLEASE CHECK REMINDERS ABOVE)

OFFERS TO BUY MUST BE EMAILED TO ph.ropa_re@maybank.com

1. Contact Maybank directly for property availability and other details/requirements
2. Do your due diligence (inspect property, check documents, etc.)
3. Choose your preferred payment terms
4. Submit offer form and other requirements

Payment terms

Based on past listings from Maybank, here are the payment terms available

• Cash
• Installment:
  • 20% minimum downpayment is required.
  • 80% balance shall be payable up to 10 years. Longer payment terms (for example, 15 years) is possible, subject to approval.

Please contact Maybank directly for confirmation/more details. Contact info can be found below.

Contact Info

For queries, please feel free to get in touch with the sales team:

1. Leslie Sevilla (ph.ropa_re@maybank.com/0998-588-3893)
2. Karlo Tresvalles (ph.ropa_re@maybank.com/0908-817-0338)
3. Morris Dale Cruz (ph.ropa_re@maybank.com/0998-588-3896)

Official Offer To Buy Form with list of requirements and Buyer Information Sheet

To submit an offer for this property, you may download a copy of the official Offer To Buy Form below, which also contains the list of requirements, and the Buyer Information Sheet.

• Offer To Buy Form (PDF)

Other forms:

• Buyer’s Information Sheet
• Broker’s Information Sheet

View complete list of properties included in this update

To view the complete listings of Philmay / Maybank foreclosed properties included in this update, you may visit the following page:

==> Maybank foreclosed properties for sale

Disclaimer and Reminders

• All foreclosed properties are for sale on an “AS IS, WHERE IS” basis. Interested parties are reminded to conduct proper due diligence prior to the purchase of any foreclosed property.
• Availability, prices, and property status are subject to change without prior notice.
• Misprints should not be construed as misrepresentation of the property.

Last updated on: 2025-March-05

Source: Maybank official website