MARCH 2008 NEWSLETTER
HOME LOAN FINANCING
NOW AN OPTION IN MEXICO
Home mortgages in Mexico, known as cross-border loans or international mortgages are available TODAY! You now have an option to finance your Mexico home instead of paying for it in CASH.
You can now use your Mexico property as collateral for your mortgage loan and leave your other assets untouched. Choose either a US Dollar based loan or a Peso based loan. This opens up the Mexico real estate market to many more people who would like to own their own condo or home, or even build their own home.
Prices in Cozumel are still a bargain, but as real estate becomes easier to purchase, values will go up faster. If you are planning for retirement, or looking for a second home, NOW is a good time to act.
Here are some benefits:
. Loan interest is deductible on your US tax returns (verify with your CPA)
· Loan amount minimums of $1,000,000 MXP or $100,000 USD to no upper limit
· Low fixed or adjustable interest rate
· 10, 15, 20, 25 & 30 year term
· Available to USA, Canada & Mexico citizens & others with FM3 visa status & history of income in Mexico.
· Closing time varies on time of year and location
MEGA COMERCIAL MEXICANA, a large super Walmart type store is currently being constructed down the street from the Cozumel Living offices on Av. Melgar at Calle 11.
Neptuno's Disco had a GRAND OPENING at the end of February after a complete new face lift. It's moved off the corner of Calle 11 and Melgar back a little down Calle 11. Visit that and other new bars: PURPLE HAZE, Jimmy Buffet's Margaritaville, 1.5 TEQUILA BAR, and ONSU, a great new gourmet restaurant owned by a local that spent 6 years in culinary school in Miami. Try the decadent Chocolate Fondue dessert!!
Cozumel streets downtown for the first 2 blocks have undergone a major facelift as well with the streets being narrowed and wide sidewalks added with park benches, palm trees, foliage, and outdoor cafes. Try Al Pie del Carbon for great, inexpensive Argentina food.
NEW LISTINGS, NEW PRICING, AND SPECIAL DEALS!!
Lot Sosa: 12 x 22 meter corner lot in Corpus Christi neighborhood. Ideal lot to build a nice home and pool with the 5 additional meters over a standard Corpus lot. 264 m2 Located on the corner of:25 Av. Bis and Calle 17 South.
Reduced to: $68,000 USD
Lot Cortez: Located on 35 Av at the corner Calle 14 North. Lot dimension 11.35 x 20.00 mts = 227 sq. mts , $ 52,000 USD
Lot Baker: : 12 x 30 m = 360 m2, Lot with raw construction of a nicely laid out 3 bedroom home that is ready to complete. 60 Ave.
Sur with Calle 3, One block below 65th and Calle 31 st. in San Miguel II
A HANDYMAN'S SPECIAL !!! $ 55,000 USD
Casa Pati: A very efficient, nice 3 bedroom, 2.5 bath home located one block from the ocean and major Chedraui supermarket, exquisitely decorated. An excellent vacation rental property. Living Room, Dining, Kitchen, Patio, laundry area, pull in gated parking, air conditioned, Unfurnished, Low maintenance.
$ 180,000 USD
Apartments on 6th: Located on Calle 6 North between 10th and 15th # 665. Lot Size: 357 mts. Construction Size: 240 meters approx.
Lot dimensions: 10 x 35 meters. This property has 5 one bedroom apts, one commercial location.
The apts are run down and needs work, however the value of the property is high.
Good deal! $190,000 USD
Casa Sofia: Fully furnished home with swimming pool and jacuzzi, close to excellent, private school and centrally located.
3-Bedrooms, Living Room, Dining Room, Kitchen, Office, laundry room, Balconies & Terraces (Up and Down), A/C, 2.5 Baths
Lot: 12 x 18 mts = 232.54 m2 or 39 ft x 59 ft = 1148 s.f. Construction Size: 350 m2.
$ 269,000 USD
Puesta del Sol S-1: Fabulous view of the ocean from the living, dining room and master bedroom. 2-Bedrooms,2-Baths,
1-Level, Kitchen, Balcony, Common Pool, Central A/C, sparsely furnished. Construction: 168sq.mts or 1808sq.ft
$ 330,000 USD
Hacienda Monte Cristo # 13: Located on the north side of the island (Country Club Estates).
2-Bedrooms, 2.5 Baths, Living Room, 2 Level, Dining Room, Parking Lot, Kitchen, Pool (Common), A/C Mini Splits, Furnished.
$ 380,000 USD
Hacienda Monte Cristo: # 14: Living Room-Dining Room-Area with terrace-Kitchen-2-Bedrooms (Each With own Terrace)
2.5-Baths on 2 floors (4th and 5th) Spectacular view of the ocean.All appliances.
From: $ 430,000 USD Reduce to: $ 395,000 USD and FULLY FURNISHED!!! For quick sale
Residencias Reef Bldg #4 Furnished units:
Building 4 # 8120 1 bedroom $275,000 USD
Building # 8170 Studio $199,000 USD
or a 2 bedroom for $299,000 THIS ONE IS A GREAT DEAL!!!
Building 1 directly on the ocean, 2 bedroom for $509,500 USD
Other units in this development as well. Check with us.
Broker/Agent: Nancy Edwards nancy@cozumelliving.com cell # 044-987-111-4515
Agent: Magda Perez magda@cozumelliving.com cell # 044-987-878-5086
Agent: Fiona Lomax fiona@cozumelliving.com cell # 044-987-107-4977
Assistant: Eric Baas Mena eric@cozumelliving.com cell # 044-987-103-4975
Agent/Accountant: Arturo Salinas arturo@cozumelliving.com cell # 044-987-102-2268
Office #'s (987) 869-2345 or 869-1244 (phone/fax) or 872-6431 or our Dallas Vonage # (214) 329-4088
CHECK OUT THE COZUMEL LIVING WEB PAGE TODAY!!!
Cozumel Living is a Multi-Listing company, we can assist you with other listings on the island.
If you would like additional information on these or any other properties, please don`t hesitate to contact us !!!
Nancy Edwards Broker Email: nancy@cozumelliving.com Cellular: 0449871114515 / 0449878768141 Office Phone: (987)869-2345 / (987)872-6431 Phone & Fax: (987)869-1244 |
From the USA 011-52 (987) 869-2345 You can also reach us directly from the States by dialing this Dallas Line: 1-214-329-4088 Email us at: carlos@cozumelliving.com / cozumelliving@hotmail.com CLICK the mail box to receive your monthly news letter!!!! (Just send us your name and email address). |
We are located in Cozumel: Av. Melgar No.602 entre 7 y 11 Sur. Edificio Colon Suite No.4 Cozumel Q.Roo Mexico 77600 (Next to Navy Base). |