Real Estate Sales
Condos for Sale by Co-founder
Project description
Villas San Miguel, is a 4 homes development in a private setting, the design is a contemporary Mexican style with a common area that includes a swimming pool and barbecue area, each of the units comes with 2 bedrooms one down stairs with private bathroom, living room dinning room, kitchen with double height, on the second floor there is bedroom with bathroom and a terrace with a Jacuzzi, parking for 1 car, Internet and cable ready, air conditioning, storage room for each of the units, optional roof deck.
Collateral Information
| Item | Comment |
|---|---|
| Purchased price: | $180,000.00 |
| Cash Investment: | n/a |
| Acquired: | February 2006 |
| Utilities: | All at site |
| Current Zoning: | Residential |
| Existing Buildings on Site: | None |
| Entitlement Status: | The project is fully entitled including the following:
|
Villas San Miguel —
by day and by night
Financing information
Mexico is becoming an increasingly popular vacation and retirement destination. More and more Americans are making the decision everyday to invest in first and second homes in Mexico. The availability of mortgages has made it easier and less expensive to finance property purchases there.
There are a variety of purchase financing programs for mortgages in Mexico that include:
- Fixed & Adjustable Rate Loans
- 20, 25 and 30 year terms
- Minimum loan amounts of $50,000. Down payments as low as 10%.
- No prepayment penalty programs available
- Minimum loan amounts of $100,000
- Maximum loan amounts of $5,000,000
- Down Payments as low as 20%
- Three easy ways to qualify
- Full, Alternate, and Stated Income documentation
- No prepayment penalty
Villas San Miguel —
artist's rendering
Background
Our experience developing in the Caribbean has been for the past 3 years, we started with 3 homes, we have at the present time 2 projects under construction, Villas Vistas Delfines this projects is a 21 ocean front condominium project located in the north side of the Island 5 minutes from the country club designed by Jack Nicklaus, 10 minutes away from the airport and 15 minutes from downtown.
Floor plans
Floor plans are available in PDF file format: