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11/29/2006 - selectoverseas.com

Wonderful Apartment for sale set in Caicos Beach Club Resort, South Caicos Turks and Caicos Islands Caribbean . The listing agent is selectoverseas.com, the price is 155,491 GBP and was listed on 29 November 2006. The Apartment, boasts 1 bedrooms and 1 baths , occupying 70 sq m . Reference - 96. Property View 1 Property View 2 Property View 3 Beach View 1 Beach View 2 Ocean View 2

Apartment Off-plan in Caicos Beach Club Resort, South Caicos Turks and Caicos Islands, Caribbean

Property in Turks and Caicos Islands | Property in Caribbean | Back



Turks and Caicos Islands Properties Turks and Caicos Islands Properties
Turks and Caicos Islands Properties
Turks and Caicos Islands Properties
Turks and Caicos Islands Properties
Turks and Caicos Islands Properties
Turks and Caicos Islands Properties
Bedrooms: 1 Bathrooms: 1 Size: 70 sq m
Price: 155,491 GBP

(EUROS) € 193,913
(GBP) £ 155,491
(US) $ 307,997
Finance this property from 462.59 GBP (€ 576.89/ £ 462.59/ $ 916.29) per month - see our Caribbean mortgages info

Apartment Description

Excellent investment with rental income for life.

The Turks and Caicos Islands are an unblemished string of 40 white sand islands in the British West Indies, near the Bahamas. Only eight of the islands are inhabited.

Property size in terms of square meters is yet to be confirmed and therefore should not be considered accurate.

They are surrounded by sparkling turquoise waters that are home to the world's third-largest coral reef. The islands possess a physical beauty that, until the past decade has gone largely unnoticed.

I believe that values are about to soar in this part of the world. The signs are all there. First the islands have lately been receiving tremendous notoriety. As an example, four resorts on Turks and Caicos recently made Conde Nast Traveler's Gold List for 2005. The islands have also recently seen their share of celebrity glitter with guests like Barbra Streisand and Britney Spears.

The beautiful Turks and Caicos Islands are situated 575 miles (or 75 minutes) Southeast of Miami. Covering 193 square miles of the Atlantic Ocean, the Turks and Caicos Islands has the third largest coral reef system and the best tropical beaches in the world, making it a premier beach, diving and snorkelling destination and an ideal location for romance, family vacations, ecotourism and adventure seekers, which is probably why 60% of our visitors come back over and over again.

World class beaches, world class fishing, diving, wind and water sports. South Caicos is home to a friendly relaxed English speaking population and lacks the crowds, cars and pollution found in most other resort areas.

The resort is situated on one of the most beautiful locations in the Turks and Caicos Islands, spanning over one hundred acres of the South Caicos peninsula. Being on the peninsula offers our owners and visitors the diversity of fine powdery beaches on the ocean side and protected turquoise water of the Bank side. The property elevation ranges from sea level to a ridge peak of 160 feet above sea level. This impressive relief allows the units to be arranged so that you can watch a stunning sunrise over Turks Passage barrier reef in the morning and a breathtaking sunset into the Caicos Bank in the evening. A one of a kind location, not only in the Turks and Caicos, but throughout the Caribbean.

With one of the best climates available anywhere in the world, no local income or capital taxes, pre-launch prices and a minimum rental income of 8% per annum, Caicos Beach Club resort is one the most attractive real estate investments in the world today.

1 bed apartment from £155,491 and 2 bed apartments from £288,439

Key Points -

- Only 30% deposit - balance on completion.
- 70% non status mortgage.
- Guaranteed rental pool a minimum of 8% is for the duration of ownership and has to be entered in to the rental pool from the offset of reservation.
- Purchases for the rental pool programme can only be purchased in cash and no finance; finance can be arranged on Block J only.
- Annual rental pool income of up to 20%.
- The units are turnkey with all furniture & kitchen packs FREE.
- Off shore financial centre.
- 70% non status mortgage guaranteed by the developer.

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Caribbean Mortgages: Example for REF 96

( Apartment Off-plan in Caicos Beach Club Resort, South Caicos Turks and Caicos Islands, Caribbean )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 46,647 GBP
70 % Financed = 108,844 GBP
Monthly mortgage repayment = 462.59 GBP (€ 576.89/ £ 462.59/ $ 916.29)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 46,647 GBP
70 % Financed = 108,844 GBP
Monthly mortgage repayment = 590.97 GBP (€ 737/ £ 590.97/ $ 1170.59)
Correct as at Thursday, August 28, 2008

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