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Property for sale information

 
Taheima Wellness Resort, Puerto Vallarta, Mexico  
Reference nr: JM418382
Description:

Situated on Mexico's picturesque west coast, Taheima Wellness Resort and Spa is the first condo-hotel development in Puerto Vallarta and is the most attractive turnkey investment opportunity in the area. Located on the 5th fairway of the magnificent El Tigre Golf course, this luxury development of 400 competitively priced properties boasts world class onsite facilities and offers large living spaces of 125 sq m to 224 sq m.

Featuring roof terraces, infinity pools and balconies, the properties will enjoy onsite and nearby amenities including a marina, beach club and restaurants, as well as 24 hour concierge. These properties are just 10 minutes away from Puerto Vallarta Airport and are therefore set to benefit from the continued high rental demand provided by the 450 flights which arrive each week.

• 7% rental guarantee
• Competitive mortgages available
• 85% average yearly occupancy rates
• High specification furniture packs included
• Strong capital appreciation expected

Encircled by the rugged, tropical Sierra Madre mountains and fronted by Mexico's largest natural bay, the Bay of Banderas, Puerto Vallarta is home to 25 miles of golden Pacific beaches. The city has been a US and Canadian vacation secret for many years and therefore offers impressive occupancy rates.

Investors interested in this popular destination can also benefit from the countrywide investment climate. Mexico is one of the fastest growing resort markets in the world today. Mexico's healthy, stable economy saw a steady drop in inflation, from 18.6% in 1998 to 4.32% in 2005, and the tourism market is now attracting a formidable influx of worldwide visitors.

With a growing economy, the highest level of foreign direct investment compared to any other Latin country (US$12.8 billion per annum in last 10 years) and low property taxes, the country is ideal for large scale, small scale and first time property investors.

Two and four bedroom apartments from circa €175,000 (first release)
Prices subject to currency fluctuation, all contracts take place in US dollars

Bedrooms: Bathrooms: Price (€):
2 2 175,000
Features:
Beach
Golf
Private Swimming Pool
Submission Date:
01-31-2008
Advertiser Details:


Name:
Joanne Murphy

Company:
Future Properties

Phone:
(0)1 669 4652
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €175,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations