The property
Contemporary beautiful 1 bedroom or 2 bedroom apartments on
golf front lots, only 3 minutes walk from the Club House $175,00-$250,000. Construction begins this month and will
complete in November 2013
Location Riviera
Maya Residences & Golf Resort is a luxury residential development in the
Riviera Maya. It is one of the most exclusive real estate developments in Riviera
Maya, Mexico.
The development is spread over an area of almost 300 hectares. It is easily
accessible and has 24-hour security, magnificent roads and landscape gardening.
It is surrounded by the Riviera Maya Golf Club, a
spectacular 18-hole par 72 and 9-hole par 27 golf courses. Riviera Maya Golf
Club was chosen as the 3rd best golf course in Mexico 2011 of the Top Ten Golf
& Spa Magazine.
The entire development is protected by internal building
regulations and is based on a concept of contemporary architecture. The complex
is one of the most in-demand real estate developments in the area, which
different products of the highest quality are offered. If you are looking to
invest in real estate in the Riviera Maya, the Bahia Principe Riviera Maya
Residences & Golf Resort, part of one of the most exclusive luxury property
developments in the Mexican Caribbean.
The investment
5% year ROI gross on purchase prices (excludes taxes and
closing costs) - guaranteed return for the first 3 years.
This product is available with a 20% down payment together
with the purchase and sale contract, and 30% paid on a monthly basis until
delivery, the additional 50% can be financed up to 5 years with 5% interest
rate.
The guaranteed three
year 5% ROI program works based on marketing your property 46 weeks of the year
at the rental program cost and their margins. In exchange for the 5%, the owner
can use the property for 2 premium, 2
high and 2 low season weeks.
The optional 5% return, can be paid directly to the owners
account or put against financing. It is offered as gross, as it does not
include, water, electricity, HOA and taxes.
If 50% down payment is made – HOA fees will be waived for
three years.
When the property is rented, the electricity, which will be
the highest cost, is covered by the client who rents, leaving the lower costs
only to the owner.
Annual property taxes - approximately $500
HOA monthly fees - approximately $200
Water monthly fees - approximately $20
Additional fees
Annual property trust fee for ownership - $550 a year.
Net income
Purchase $180,000
Rental income – 3 years @5% = $27,000
Costs – 3 years x $1,300 = $3,900
Guaranteed Net profit = $23,100 – Net ROI for three years 4.3%
Added benefits
· Use of property for 6 weeks per year at no cost
· Free $15,000
golf family membership
