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848-CAMMEX001





848-CAMMEX001
Builder: Provided by TheMoveChannel.com
Address:
Region: Cancun
Location:
Country: Mexico

Type:
Investment: No
Stories: N/A
Units: N/A
Bath:
Bedrooms:
Condo Type: Apartments
Unit Size: Contact Builder
Price: $438,438
Phase:
Leaseback: No
Sales Phone: Click to View
Sales Phone:

Completion Date:


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Property Description

Playa Mujeres Resort, Cancun, Mexico

Property for sale in Cancun, Mexico: These luxury properties for sale on the coast near Cancun represent a perfect investment opportunity - 5-star quality in an area that benefits from outstanding natural beauty, a Caribbean climate and economic growth.

Cancun has a number of features in its favour including:

Economic

  • Natural increase rate in the Mexican population of 1.2% per annum.
  • More than 50% of the current population within age band less than 25 years old.
  • North American Free Trade Agreement facilitating commerce/investment and stability to Mexican economy.
  • Mexican Economy in growth – GDP forecast 2008:3.2%.
  • Rise forecasted in demand for housing by economically active population.
  • Increase in local and international tourism and investment in coastal areas.
  • Prognosis for continuous and stable growth in tourist arrivals to Cancun.
  • Large augmentation in American retiree population – “Baby Boom” of 1948.
  • Increase in number of Fideicomisos (Trusts) signed by tourists for investments in property.
  • Growth in prices and shortage of luxury properties.

General Characteristics

  • Temperatures between 26ºC & 36ºC (78.8ºF & 96.8ºF).
  • Average of 253 sunshine days a year.
  • 870 kilometres of Caribbean coast.
  • 12 golf resorts in the area, both operational or under construction.
  • Home of the 2nd largest coral reef in the world – 5th position worldwide for diving site quality.
  • Wide biodiversity, nature reserves, parks and caverns.
  • 5 World Heritage Sites in the Region – For example; Chichen Itza.
  • Large number of hotels and resorts.
  • Commercial centres and great variety of restaurants and activities.

This particular development has been designed to incorporate all the features a 5-star resort should boast:

Location:

  • 7km north of Cancun centre 20 minutes’ drive from the airport.

General Plan:

  • Beach inc. 3.7 km of Caribbean coastline.
  • 2 golf courses designed by Gregg Norman.
  • 373.3 hectares total surface area.
  • Nature reserve “Laguna de Chacmochuc”.

Development Plan:

  • Beachfront: 1.2 Km, 3 private beach clubs.
  • Marina: 170 slips, nautical club, gymnasium.
  • Heliport.
  • Commercial Area: Over 15,000 m2.
  • Exclusive 5* hotel: Boutique style with 110 rooms.
  • Luxury 5* Hotel: All services included, more than 400 rooms.
  • Spa Centre: Beauty treatments, “Relax”, sports.
  • 3,500m² surface area.

Programmed Luxury Services:

  • Transfer to and from Cancun International Airport.
  • In-house catering (food and beverage) service.
  • Medical services and pharmacy.
  • 24/7 private security.
  • Babysitting.
  • Kids club playground area and teens club.
  • Housekeeping.
  • Laundry and ironing.

Development Characteristics:

  • Marina or beach front apartments.
  • Views either to Caribbean Sea, marina or nature reserve.
  • 4 property types from one to three bedrooms.
  • Luxurious interior finishes; electrical white goods included. (Bosch or similar).
  • Extensive Built Living areas.
  • Expansive sun terraces.

Advantages to Property Owners:

  • Booking preferences and 10% discount over on the following:
  • Marina slips rentals.
  • Golf Course.
  • The Commercial Area of Playa Mujeres Resort.
  • Hotel Room and Restaurant tariffs.
  • Spa, Gymnasium and Beach Clubs.

Payment Terms:

  • Down payment: 10% On signing of Private Purchase Contract.
  • 20% 180 (approx.) from signing of Purchase Contract.
  • Completion: 70% on the Handover of the Property (1st Quarter 2009).

Transaction Costs:

Between 6% and 8% including Fideicomiso (Trust) for the property purchase.

Preferential Finance:

  • Asset backed guarantee through mortgage /fideicomiso.
  • Mortgage in either $USD (Miami).
  • Interest Rates from: Prime $USD (1 year) - 1.50% -> 4,5%

Community Fees:

  • $USD 4 to 5/m² per month. (Linked to the US Consumer Price Index).

Prices range between $438,438 and $1,728,375.

If you would like any more information about our property for sale in Mexico or have any questions regarding owning or buying a property in Mexico, then please feel free to contact us.




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