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| Viviun -> AD-4125 : Tax-Free Caribbean Investment Opportunity With Rental Income - Condos For Sale or For Rent in Turks and Caicos | ||||||||
Condos For Sale or For Rent in Turks and Caicos Tax-Free Caribbean Investment Opportunity With Rental IncomeAsking Price: $369,000 - $1,200,000 USD The Yacht Club Condominium Investment Opportunity in the Turks and Caicos Islands is a stable and secure Investment with outstanding opportunity for expediential capital appreciation growth. The Turks and Caicos Islands is a rapidly developing tax free British dependent territory with double digit capital appreciation over the past ten years, Owners who Investment in the Yacht Club Condominium Development can take advantage of the fastest growing economy in the Caribbean. In addition owners Investments are able to reap the financial benefits and income potential from the rental pool managed by The Yacht Club Professional On-Site Property Management Team. Participating in the rental program can generate substantial cash flow thus creating greater Return on Investment!!
"Now is the best time to get involved in the Yacht Club Condominium Investment Opportunity... Invest today and realize the benefits tomorrow!" FREQUENT QUESTIONS What management fees are charged on the rental program? The management company works on a 60/40 split on all rental revenue with you the owner receiving 60%. Do the apartment come fully furnished? Yes this condo is fully furnished with $36,000 furniture package. It comes fully equipped with all appliances, linens, cutlery and glassware. What maintenance and recurring fees are there? The maintenance fees or strata fees for this unit are $1,150.00 per month. This fee includes everything except your own personal contents insurance and consumption of water and electricity. It also includes building liability and hurricane insurance. Is the owner responsible for refurbishment of the property, or is that part of the management and rental agreement? The owner is responsible for general refurbishing of their condo. Can the property be used as a swap for properties elsewhere in the world for short vacations? This is a unique question, you can only allow close family to stay in your unit for free or on exchange. This is hard to govern however the management company depends on the generation rental revenue so we must be careful on how many nights your condo is being occupied for free or on exchange. What level of occupancy and rental yield might be expected if property was normally rented out? Currently the island is quoting 60% occupancy, based on this number of rental nights this unit will produce a yield of 8.5%. Please inquire about cost analysis which shows the total expenses and how the rental income offsets that. In terms of Investment and Appreciation opportunities the Turks and Caicos Islands are hot bed for real estate investing, property values are predicted to escalated 20% per annum for the next 3-5 years and all indicators are saying that trend will continue over the next 5-10 years. Where can I get more information? Please contact us using the form below with your questions and we'll get back to you as soon as possible. Your decision to invest in the Yacht Club will be one of the best investment decisions you will ever make.
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