Unit Type

Unit number

Floor

size

US $ Prices

HOA fees

2 Bedroom

301

Top

1511 Sqft / 140 m2

 sold

 

 

201

Middle

1511 Sqft / 140 m2

 sold

$447

 

101

Garden

1511 Sqft / 140 m2

    $ 475,000.00

 

 

 

 

 

 

 

2 Bedroom

302

Top

1366 Sqft / 127 m2

$495,000.00

 

 

202

Middle

1366 Sqft / 127 m2

sold

$404

 

102

Garden

1366 Sqft / 127 m2

  $ 449,000.00

 

 

 

 

 

 

 

2 bedroom

305

Top

1180 Sqft / 109 m2

 sold

 

 

205

Middle

1180 Sqft / 109 m2

 sold

$349

 

105

Garden

1180 Sqft  / 109 m2

$398,000.00

 

 

 

 

 

 

 

1 Bedroom

303

Top

1099 Sqft  / 101 m2

sold

 

 

203

Middle

1099 Sqft / 101 m2

 sold

$325

 

103

Garden

1099 Sqft / 101 m2

$345,000.00

 

 

304

Top

1120 Sqft / 104 m2

 sold

 

 

204

Middle

1120 Sqft / 104 m2

 sold

$331

 

104

Garden

1120 Sqft / 104 m2

$345,000.00

 

                                                                                               

Building Stages

 

Payment

Percentage

Signing of contract

 

10%

Foundation

May 2006

10%

Ground Floor

June 2006

10%

First floor

August 2006

10%

Second floor

October 2006

10%

Roof

November 2006

10%

Enclosure building

January 2007

10%

Tiles, Kitchen, Bathrooms

March 2007

10%

Closing at notary

April 2007

20%

 

 

100%

Financing

Resident clients

 

 

Non-Resident clients

 

Maximum loan per household

Not exceeding 90% of the purchase price of the property, excluding notary fees and other costs. Purchase price is to be supported by an appraisal report acceptable to the Bank and dated no more than six months prior to date of submission.

 

Maximum loan per household

Not exceeding 70% of the purchase price of the property, up to a maximum of US $ 250 000 excluding notary fees and other costs. Purchase price is to be supported by an appraisal report acceptable to the Bank and dated no more than six months prior to date of submission.

Rate of interest

8% per annum until further notice on the outstanding balance.

 

Rate of interest

9% per annum until further notice on the outstanding balance.

Term of loan

20 years maximum: the loan must be retired in full before the debtor reaches the age of 65.

 

Term of loan

10 years maximum: the loan must be retired in full before the debtor reaches the age of 65.

Conditions

  1. Submission to the bank a copy of (tentative) sale agreement
  2. Proper insurance to be put in place, preferably through WIB Insurance Dept.

 

Conditions

  1. Submission to the bank a copy of (tentative) sale agreement
  2. Two (2) bank references from reputable banks accepted by WIB Ltd.
  3. Insurance to be channeled through WIB insurance dpt.

Collateral Security

  1. A registered first mortgage on the property being financed.
  2. Fire and extended perils insurance for the full value of the property.
  3. Life insurance on the life of the debtor(s) for the full amount of the loan.

 

Collateral Security

  1. A registered first mortgage on the property being financed.
  2. Special account with balance equivalent to three to six months rent
  3. Fire and extended perils insurance for the full value of the property.
  4. Life insurance on the life of the debtor(s) for the full amount of the loan.

Repayment Schedule

  1. Monthly payments should not exceed 33% of the gross income.
  2. An amount equivalent to 1/12 of the annual fire and life insurance premiums will be added to the principal and interest redemption amount and will be held in an escrow account.

 

Repayment Schedule

  1. Monthly payments should not exceed 33% of the gross income.
  2. An amount equivalent to 1/12 of the annual fire and life insurance premiums will be added to the principal and interest redemption amount and will be held in an escrow account.