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Condo For Sale in South Caicos, Turks and Caicos Islands :: A Vacation Property and an Asset
Sell Price: 309000
Location: South Caicos
Turks and Caicos Islands
Property Type: Condo
Property Details:
Phase 1 is 95% Sold Out


INVESTOR HIGHLIGHTS
 
 

VACATION INVESTMENT PROPERTY

If your looking for an opportunity to invest in a second home that covers the expenses, plus gives you a free vacation each year, then Caicos Beach Club Resort & Marina is for you.
  • Rated Best Investment in the Caribbean Islands
  • Buy now at one third below market value at Under Construction savings
  • Multiple unit discounts for Investors are available
  • Average price for an Ocean View One Bedroom Unit in the Turks & Caicos Islands today is $600,000
  • Caicos Beach Club under Construction pricing for an Ocean View One Bedroom from $309,000
  • The Resort Residence can be used for personal use or placed in the private lodging plan (rental pool)
  • "The dynamism of the Turks and Caicos property market is unquestionable... While we expect the market to be active for the next 10 years, now is clearly the best time to invest." - Michael Misick, Chief Minister
  • 2007 Year to date current Occupancy Rate at 75%

A RARE OPPORTUNITY Caicos Beach Club Resort and Marina

  • Resort Residences with Direct Ocean Views
  • Unparalleled Under-construction Pricing
  • Full Resort Rental and Management Program
  • World Class Amenities and Casino
  • Own an asset, not a liability

INVESTMENT RATIONALE

  • At only 55% occupancy at a rate of $299.00 per night, which is 35% below the current annual rate (the seasonal rate is much higher), your approximate gross income would be $60,024 per year
  • After expenses for management fees, the maintenance fee and the use fee, your net return is estimated at 20.4% per year
  • Plus you receive two (2) free bonus weeks of usage a year (vacation while your Unit is earning revenue) at no charge
  • Add the instant appreciation of your Unit upon opening ($500,000 today) and the annual average appreciation of 10% - 20% per year to your Unit, in Five (5) years your property is potentially worth in excess of $700,000

WHY DIVERSITY OFFSHORE?

Web Site: http://www.preconstruction-opportunity.com/turks.htm
Date Published: 22-Aug-2007
Date Updated: 17-Sep-2008

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Contact Info
Dawn Van Malleghem
Contact now

Phone: (321) 251-6393
(USA)

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