Price: 375,000 USD
This is a condo for sale with 1 bedrooms and 1 bathrooms. This property has the following features:
Pool,
Terrace,
Ocean View / Sea View,
Ocean Front / Sea Front.
The price of this real estate is: 375,000 USD.
A great opportunity to acquire units within a genuine 5 Star Caribbean Luxury Beachfront Resort due for completion in January 2013. Construction is well advanced on the beautiful island of St Lucia.
100% Funding is available with 70% loan from Scotia Bank and 30% developer loan.
The only capital required is around 8,000 pounds sterling (5,000 for closing costs/legal fees and 3,000 our agency finders fee).
25 year guaranteed income at 8%!!
2 weeks own use every year.
In a nutshell you need to make a total capital outlay of $12,743 for a guaranteed net income of $3,865 per annum. This represents a return on investment of around 30%. Then take in to account a more than realistic capital appreciation of 7% per annum over the next 2 years and you would make a realistic profit at the end of year 2 (before commission) of $84,000.
Please contact us for our detailed colour brochure, Excel cash flow projections, additional photos and much more.
We believe this will be our fastest selling project this year due to its uniqueness.
No need to invest much capital. No need to release equity. No need to put down the normal 30% deposit.
Cash positive investment.
Too many luxury facilities to list!
PLEASE NOTE: To qualify for these mortgages you need to be able to prove an annual income of around 50,000 pounds sterling, 62,500 Euros or $80,000.
These units will sell quickly so please contact us now for full details or with any questions.
Property Details
Location |
Micoud, LC |
Property type |
Condo for Sale |
Number of Bedrooms |
1 |
Number of Bathrooms |
1 |
Date Posted |
2011-04-28 09:47:56 |
Last Changed |
2012-06-01 00:00:00 |
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