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It simple does not get much better than this. Colordarcy are
proud to present to you this stunning development. Bella Piazza is superbly
located and the developer have reduced price lower than build cost, in order to
sell these units within the next 14 days. We encourage all interest parties to contact us today. This development will be snapped
up quickly, only 25 units remaining!
This super development is priced at its lowest ever price
and it is very well positioned to benefit from strong rentals through an
established vacation and management company, as well as capital appreciation
over the medium to long term.
This is a great opportunity to benefit from the lowest
pricing offered. This development is unique and flexible, because investors can
rent their apartments out on a short-term holiday rental basis or they can opt
to rent the property out on a long-term buy-to-let tenancy. Comes fully
furnished.
Here are a few words
on why this is such a good deal:
Bella Piazza was launched right at the peak in 2006 with
units priced between $291k - $345k. Unfortunately for the developer the market
stalled and then fell not too long after launch.
The developer lowered the prices so they started at $217k,
and this is where the project was priced until just recently.
The bank who provided the construction loan has advised the
developer that now construction is complete they need to meet the final loan
payment. This essentially means selling the remaining inventory in the very
near term.
In view of this, the developer has reduced prices by over a
$100k to their present levels, as he wants to sell the units to cash buyers.
This represents up to a 60% discount on original pricing.
As a result Colordarcy have secured a handful of units -
which we expect to sell very quickly as Bella Piazza now offers by far the best
pricing for a very high quality product that can be leased to both the long and
short term rental market.
Tenant Ready
There are several condos / apartments that the developer has
leased to long-term tenants. Colordarcy clients can purchase these units and
take over the lease agreement and tenancy. Our rental management team will
handle this process for you.
These tenanted apartments are ideal for clients looking for
investment with an immediate return as they provide a fixed income in return
for the client not being able to use their condo / apartment for a few months.
Colordarcy clients can also purchase units without long-term
tenants in place and rent the property out on a nightly basis - holiday rental
program. This gives owners the flexible to stay in the apartment when they
visit Florida. It is also possible to purchase units without furniture and
receive an $8k credit.
The Development
Bella Piazza is a brand new luxury Mediterranean style
resort just minutes from Disney and all Orlando has to offer.
Each condo / apartment is fully furnished with a choice of 2
decorator packages. Everything possible is included audio / visual equipment,
appliances, linens and added luxury touches like granite countertops in the
kitchen and bathroom. Additionally condos / apartments feature owners lockable
closets for added convenience.
This development benefits from superb architectural design
that is the envy of many of its competitors. It enjoys an excellent location
with a restaurants, shops and banks all within walking distance. There is also
a large Publix supermarket here. Also half a mile away is a highly regarded
Highland Reserve Golf Course. Contact us today for more details.
Bella Piazza was voted "Best Community of 2008" by the Polk County Parade of Homes
Example Investment - Short Term - Holiday Rental
| Purchase Price | $127,000 |
| Bedrooms | 3 bed / 3 bath |
| Purchase Costs | |
| Management Setup inc valid licences for short term rental | $785 |
| Closing Costs (title insurance, recording fees, search fees. Includes 2% contribution) | $1,000 |
| Total Estimated Costs | $1,785 |
| Estimated Gross Monthly Rental Income | $1,643 |
| Based on $90 per night, 60% occupancy | |
| Monthly Running Costs | |
| Short term management | $89.00 |
| Real Estate Tax (estimated, could be less) | $200 |
| HOA Fees (Home Ownership Association) | $363 |
| Insurance | $40 |
| Cleaning | $130 |
| Pest control | $16 |
| Utilities | $125 |
| Monthly Net Cash Flow | $680 |
| Net Rental Yield | 6% |
Example Investment - Long Term - Tenanted Buy-to-Let
| Purchase Price | $127,000 |
| Bedrooms / Bathrooms | Three / Three |
| Purchase Costs | |
| Management Setup, tenant sourcing & contract preparation | $612 |
| Closing Costs (title insurance, recording fees, search fees etc) | $1,000 |
| Total Estimated Costs | $1,612 |
| Estimated Gross Monthly Rental Income | $1,225 |
| Gross Rental Yield | 12% |
| Monthly Running Costs | |
| Management @ 10% | $122.00 |
| Real Estate Tax (may be reduced) | $200 |
| HOA Fees (Home Ownership Association) | $363 |
| Insurance | $40 |
| Monthly Net Cash Flow | $500 |
| Net Rental Yield | 5% |
| Other Data | |
| Size | 1323 sq ft |
Amenities
Location
Bella Piazza is located within walking distance of Berry
Town Centre, which is located adjacent to US27. The junction with the 192 is a
3-minute drive, and the junction with the I4 around 5 minutes.
The main Westgate of Disney is 6 miles and further dining
and entertainment along the 192 can be reached within 10 minutes.
Sea World, Universal and shopping malls can all be accessed
in 15-20 minutes.
Major employers are also easily accessible.
Orlando airport is 30 minutes away, Tampa airport 60 minutes
and beaches 75 minutes.
Within walking distance at Berry Town Centre is a large
Publix supermarket, banks, restaurants and other shopping.
Highlands Reserve Golf Club is half a mile away.
SPECIAL INCENTIVE
We have negotiated 2% to be paid towards closing costs (legal fees, title
deeds, surveys, etc) - essentially bringing closing fee to ZERO! For example,
if you were to purchase a $130,000 property, the developer would contribute
$2,600 towards your closing cost - this is more than sufficient to cover
mandatory closing expenses and makes owning your Florida investment property
that much cheaper. Contact us today to
reserve your unit.
Property details
Capri - 2 bed / 2 bath - 1098 sq ft: $115k - $125k
Roma - 3 bed / 3 bath - 1323 sq ft: $127k - $139k
Florence - 3 bed / 3 bath - 1391 sq ft to 1541 sq ft:
$125k - $145k
Palermo - 4 bed / 3
bath - 1593 sq ft: $154k - $162k
Purchase
Process
Don't Miss Out
- Call or Email Us Today!
Timing your entry and exit in a property market is a key element in becoming a
successful investor. The eagle eyed property investor is always looking to buy
either at the end of a recession, the bottom, or the recovery stage, whilst
looking to realise profits by selling or via the release of equity during the
expansion and peak stages.
Property prices in Florida are starting to increase and properties are selling
quickly, to avoid disappointment we encourage all interested parties to call or
email us today to reserve your property. Units are allocated on first come
basis. The time to secure your Florida property investment is NOW!
If you are looking for a brand new hassle free property - with tenant in place
and income from day one - this is it.
Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations
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| Unit type | Bedrooms | Size m2 (from) |
Size m2 (to) |
Price (from) |
Price (to) |
Floorplans |
|---|---|---|---|---|---|---|
| Apartment - Capri | 2 | 102 | 102 | 76,000 GBP 85,000 EUR 115,000 USD |
82,000 GBP 92,000 EUR 125,000 USD |
Click to View |
| Apartment - Roma | 3 | 122 | 122 | 84,000 GBP 93,000 EUR 127,000 USD |
91,000 GBP 102,000 EUR 139,000 USD |
Click to View |
| Apartment - Florence | 3 | 129 | 143 | 82,000 GBP 92,000 EUR 125,000 USD |
95,000 GBP 107,000 EUR 145,000 USD |
Click to View |
| Apartment - Palermo | 4 | 147 | 147 | 101,000 GBP 113,000 EUR 154,000 USD |
107,000 GBP 119,000 EUR 162,000 USD |
Click to View |
Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations