Features
Country
USA
County/Region
Orlando
Listing Type
Townhouses
Listing ID
Golden Cay - Orl, FL
Bedrooms
5
Bathrooms
5
House Size
190m2
Lot Size
-
Listing Status
available
Year Built
2015
The Basics
We have exclusive mortgage options available for our overseas purchasers wanting to buy in the USA with 65% LTV available for 30 years at around 4.25% (but could potentially be high 3%'s)
We have also been able to drastically reduce the amount of closing costs purchasers in Florida would usually be required to pay (6-7%). It is now approximately 3% (for a mortgage purchaser) and 2% (for a cash buyer).
The development is superbly located under 10 minutes from Disney and as such the rental income is projected to be highly rewarding. The average nightly rate for a standard hotel room in Orlando is $114 and the projections to begin with at Golden Cay (which to remind you is for a 5 bedroom, 5 bathroom townhome) are only $161 (figures provided by on-site management & rental company). Even based on extremely conservative figures of $161 per night for just 24 weeks a year each client would make a projected income after mortgage repayment and all associated running costs of up to $5,500 per year. Obviously as the resort grows in stature, the ADR and Occupancy levels will increase thus allowing owners at Golden Cay to make even greater yields year on year allowing them to pay off their mortgage completely.
* Please register your interest and see a development presentation for review as well as the above mentioned income and expenditure for a purchase with or without furniture included.