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Another
ideal investment opportunity. Limited availability of this Siena floor plan
apartment exists at this new price of $99,900. This spacious 3 Bed / 2 Bath, 1,230 sq ft
apartment in the gated resort of Club Cortile provides an excellent opportunity
to take advantage of this developer closeout priced at 65% below recently
assessed value and less than 40% of original pricing in 2007.
Located
less than 4 miles from the gates of the Walt Disney World Resort, Club Cortile
provides an opportunity that is zoned for Long or Short-Term
Rental, thereby maximising the rental options, as well as the exit plan.
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.
Example Investment – Short Term – Holiday Rental
| Purchase Price | $99,000 |
| Appraised Value | $153,300 |
| Listed vs Appraisal% | 65% |
| Bedrooms / Bathrooms | Three / Two |
| Location | Kissimmee |
| Purchase Costs | |
| Closing Costs (title insurance, recording fees, search fees, Includes 2% contribution) | $1,500 |
| Total Estimated Costs | $1,500 |
| Estimated Gross Monthly Rental Income | $1,643 |
| Based on $90 per night, 60% occupancy | |
| Gross Rental Yield | 20% |
| Monthly Running Costs | |
| Short Term Management |
$150 |
| Real Estate Tax (Council Tax) |
$174 |
| HOA Fees (Community Fees) |
$230 |
| Insurance (Est) | $40 |
| Cleaning |
$200 |
| Pest Control |
$16 |
| Utilities | $300 |
| Monthly Net Cash Flow |
$533 |
| Net Rental Yield |
6% |
| Other Data |
|
| Size | 1230 sq ft |
Example Investment – Long Term – Tenanted Buy-to-Let
| Purchase Price | $99,000 |
| Appraised Value | $153,300 |
| Listed vs Appraisal% | 65% |
| Bedrooms / Bathrooms | Three / Two |
| Location | Kissimmee |
| Purchase Costs | |
| Closing Costs (title insurance, recording fees, search fees, Includes 2% contribution) | $1,500 |
| Total Estimated Costs | $1,500 |
| Estimated Gross Monthly Rental Income | $900 |
| Gross Rental Yield | 11% |
| Monthly Running Costs | |
| Management @ 10% |
$90 |
| Real Estate Tax (Council Tax) |
$174 |
| HOA Fees (Community Fees) |
$230 |
| Insurance (Est) | $40 |
| Monthly Net Cash Flow |
$366 |
| Net Rental Yield |
4% |
| Other Data |
|
| Size | 1230 sq ft |
Features and Amenities
Features
Financing Your Purchase
Cash Purchase Only.
Purchase Process
Don't Miss Out – Call or Email Us Today!
Club Cortile Resort presents an excellent opportunity to own a brand new Florida holiday home or investment property at a BARGAIN Price. This outstanding property will rent out easily – therefore paying for itself in the medium to long term. We project that a $100k property today will be worth well over $300k in the medium to long term.
Investors will be buying a brand new property, for LESS THAN A BANK REPO! Prices will never ever be this low again. Please contact us today for further details.
Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations
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