Surrounded by the Riviera Maya Golf Club | Luxury Apartment, For Sale, MEXICO, , Cancun | IPD
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Surrounded by the Riviera Maya Golf Club



Property Location:

Cancun  MEXICO

Property Terms : For Sale

Property Type : Luxury Apartment



USD Price $250,000 (For other currencies use the convertor provided below)
Local Currency Price:


Bedrooms: 2
Baths: 0



Listing ID: 9807775


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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

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




Key Features:


Type - Luxury Apartment

Sale / Rent / Lease - For Sale

Style - Modern Style

Room :

Size :

Flooring Type :

 Master Bath  4.3%  Slate
     
     
     
     
     
     
     


View Map of Property Location By Address (If provided by the seller)
Cancun, MEXICO 

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Property Type : Luxury Apartment, Terms : For Sale, Site Id : 9807775
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