Purchase Info
Financing
Written by Administrator
Monday, 13 December 2010 19:38
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Financing available to qualified buyers through Commonwealth Bank.
 
Potential Rental Income
Written by Administrator
Friday, 10 December 2010 00:56
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With the demand for both short-term and long-term rentals in the Marsh Harbour area very high, owners are assured of the potential for significant rental income from their condominium should they choose to rent.

Short Term rentals could rent 15 weeks per year in the first year and 20+ weeks in subsequent years.

Short Term rentals would include all utilities (approx $100 to $300 per month depending on unit and time of year).
Long term rentals tenant pays own utilities but has use of all amenities.

We can arrange for H.G. Christie Ltd. to handle the booking, cleaning and maintenance of your rental condominium, with fees starting at 20% for a comprehensive Rental Service Plan. Please ask for details.

Potential Rental Income

Unit Type Short Term Weekly Long Term Monthly
2 Bed/2.5 Bath Apartment $1,500-$1,800 $2,000-$2,250
3 Bed/3.5 Bath Penthouse $2,000-$2,250 $2,500-$3,000



Last Updated on Tuesday, 14 December 2010 23:04
 
Property Management & Maintenance
Written by Administrator
Friday, 10 December 2010 00:37
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The maintenance of the The Crossing common areas will be managed by The Crossing Development Ltd. until all the units are sold, at which time this task will be turned over to a Property Owners Association to be formed by the owners.

Property Maintenance Dues Cover:

  • Comprehensive Building Insurance with full hurricane protection
  • Maintenance of all common areas
  • Pool maintenance
  • Utility costs for common areas
  • Administrative fees
  • Generator fuel and maintenance
  • Pest control services
  • Dock maintenance

 

Property Maintenance Dues

Unit Type Monthly Dues
2 Bed/2.5 Bath Apartment $295
3 Bed/3.5 Bath Penthouse $545

 

Last Updated on Monday, 13 December 2010 21:36
 
Pricing
Written by Administrator
Friday, 10 December 2010 00:25
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Two Bed/Two And A Half Bath Apartments on ground floor (920 sq. ft. under A/C, 320 sq. ft. covered porches)

Unit Location Listed Gross Price *
3A -- Building 3 West SOLD
3B -- Building 3 East SOLD
2A -- Building 2 West SOLD
2B -- Building 2 East SOLD
1A -- Building 1 West $595,000
1B -- Building 1 East $595,000


Three Bed/Three And A Half Bath Penthouses on two upper levels (1,612 sq. ft. under A/C, 382 sq. ft. covered porches)

Unit Location Listed Gross Price *
3C -- Building 3 West $575,000
3D -- Building 3 East SOLD
2C -- Building 2 West $695,000
2D -- Building 2 East SOLD
1C -- Building 1 West $795,000
1D -- Building 1 East $895,000

Notes:
* excludes purchaser's Government Stamp Tax (6%) and purchaser's legal fees.
Purchaser's legal fees will be 1.5% if purchaser uses seller's attorney Alexiou Knowles & Co.

Payment Schedule
10% reservation deposit due at signing of sales agreement
15% payment due after foundation (slab) is poured
25% payment due after Phase 1 (drying in)
25% payment due after Phase 2 substantial completion
15% payment due at full completion
10% payment and buyer closing costs due at closing

Last Updated on Sunday, 15 May 2011 18:07