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$160,000 Equity Loan Playa Santa Teresa Property

$160,000 Equity Loan Playa Santa Teresa Property

Earn 12% Interest Per Year!
Invest $160,000.00 (Fees Included),TODAY,
and you will earn $1,600.00 per month.

That’s $19,200.00 per year!

That’s $57,600.00 for the term of the loan!

 

Property Loan Details

This incredible boutique hotel is 200 mts from downtown, right on the main street and literally a stone’s throw away from the beach (not Concession land!) This highly visited tourist area is one of those golden Gem loans we are constantly looking for.

Use of funds is to remodel the kitchen and build a high end, but very quaint, bar as well as put some finishing touches on the place. Along with gorgeous suites are 3 impressive cabins with beautifully renovated bathrooms. This hotel can accommodate up to 20 guests per evening. There is room for expansion!

The swimming pool is amazing as you can see by the pics. Hammocks galore and heavy fauna through out this 1,500 square meter lot. Rooms have been completely updated, Flat screen TVs, air conditioning, kitchens etc. The property and rooms are gorgeous.

Amount Requested: $160,000.00 US dollars

Loan-to-Value Ratio: ~35%
Term Desired: 3 years
Fire Sale Price$450,000.00 (purchased in September of 2018 for $690,000.00)
Construction Area: 1,500 m2
Land Area: 3,035 m2

Property Location and Description:

Sitting on the western edge of the Nicoya Peninsula, Santa Teresa is a tiny beach village that draws in a lot of surfers and beach bodies. In the last several years, this laid-back town has blossomed into a booming travel destination.

Despite its size, Santa Teresa has been hailed as world-class surfing spot in Costa Rica – with gorgeous white sandy beaches and swells that put a smile on surfers’ faces year-round. Home to the likes of Tom Brady, super model Gisele Bündchen and Mel Gibson.

Note:

The loan will be repaid by the sale of the owner’s home in London valued at approximately $1,100,000.00 USD (~800,000 British Pounds).

PROPERTY PHOTOS

 

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