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For Condo Rental
Information Visit:
www.EveryOneLovesCostaRica.com
Fractional Pricing 

1/6th  DEEDED SHARE OWNERSHIP INTEREST

$ 90,000

TERMS:

 

10% Deposit on reservation signing

$9,000

20% Due on contract signing

$18,000

80% Balance Due at closing

$63,000

Financing

Each owner can finance up to $45,000 (if they choose to.)

ANNUAL MAINTENANCE FEE PER OWNER

$16,832





Fractional Ownership         V.S.          Traditional Whole Ownership

Fractional Ownership

1/6th Partner = 16.6%                                  

Traditional          Ownership

100%

House Cost

$540,000

House Cost

$540,000

1/6th  share price

6 weeks use, plus nine    open weeks available

 

$90,000

25%Cash Down

Mortgage bal.

Mortgage Payment

$135,000

$405,000

$3,114

Real Estate Taxes

Included in operation fee

Real Estate Taxes

$3,000

Insurance
Wind
Homeowners


Included in operation fee

Insurance
Wind
Homeowners

$5,643

Utilities
Electric
Sewer / Water

 

Included in operation fee

Utilities
Electric
Sewer / Water

$26,869

Pool Care
Weekly Maintenance

 

Included in operation fee

Pool Care

Weekly Maintenance

$3,000

Lawn Care
Weekly Maintenance
Flowers, bushes twice per year

 

Included in operation fee

Lawn Care      Weekly Maintenance
Flowers, bushes twice per year

 

$7,886

Management Fee

$40,000

Management Fee

? may incur some costs for rental management fees

Repair

 

Included in operation fee

Repair

$15,000

Total Expenses

 

$100,992

Owner’s        Annual  Expenses       

$98,766                                  

 

Each Owner’s Annual Operation Fee

 

$10,192

 

 

Each

Owner’s Annual Management Fee

 

 $6,640

 

 

Each Owner’s        Annual  Expenses       

$16,832

Owner’s        Annual  Expenses        (100% Ownership)

$98,766



Annual Operation Fees include:                                                                                       Real Estate Taxes, Property Insurance, Electric, Sewer & Water, Pool Care,  Lawn Care, Repair/Replacement Surplus,

Annual Management Fees include:                                                                          Full-time 7 days per week - Housekeeping, Bookkeeping, Full Time Rental Management Company Fees, and Repairs if and when needed.

 

Call 612 810-1002 for more details.

We only have ONE unit available for sale Fractionally right now.

 




    For more information please contact us:



    Steven Brown - Project Manager



    Call: (612) 810-1002


    Email: SanctuaryTowers@gmail.com







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