Three of the eight fractions are still available.
The next fraction's price is $210,000, the one thereafter $240,000 and the last one's price is $270,000.
Financing available. We offer competive interest rates that vary depending on the term
of the loan and the down payment percentage.
Alternatively buyers can opt to use the equity in their homes to finance their Mexican purchases.
What follows will give the reader an idea what the fractions are worth.
There are no fractional share homes in San Felipe to compare to. We thus compared (1)
this property's lot price to that of other lots, compared (2) the house as a complete selling
unit to other houses in the market in San Felipe and we compared (3) the fractional ownership
price with that of fractional ownership homes in Puerto Penasco. Puerto Penasco is one
of the most comparable coastal cities to San Felipe.
Based on the listing price and size of three comparable San Felipe beach front lots, calculated
is either:
-
$433,000 or
-
$491,000 or
-
$558,000
Comparing this property to that of other complete beach front San Felipe houses puts this house at
about a $2,000,000 price tag.
Puerto Penasco fractional ownership homes (showing also their
):
-
30 minutes out of town. Home completed. No electricity (they use generators). Water
trucked in. Dirt roads. Septic tanks. $275,000 per fraction.
-
Pre-completion. Smaller house than San Felipe Casa del Sol. $300,000 per fraction.
-
Comparable home. $269,000 per fraction.
Please contact Sandra if you want to get more information on the comparables.
Keep in mind that as the value of this property goes up, so does your invesment in this
property. You will own part of this property and you can sell or will that part.