CORAL ESTATE section 8 / 0422K

UNDER CONTRACT

Villa 817  located in Coral Estate Resort & Wellness Center, nested in the hills of Rif St. Marie overlooking the ocean with private beach, dive shop, full service spa, 2 restaurants, bakery-coffee shop, community center, community pool, hotel, walking trails, and much more.  Living in Coral Estate means living outdoor, while enjoying the surroundings and most of all the spectacular views of the Caribbean Sea. Villa 817 is created around the porch areas with one inviting social pool and 1 Jacuzzi on the upper floor. This Villa will be built to enjoy the tropical natural breeze and the beautiful weather of Curacao and specially designed for short term luxury vacation rentals.

This Villa will be delivered completely finished with luxurious Bathrooms, air conditioners in all bedrooms, 2 complete contemporary luxury kitchens,  1 swimming pools, 1 Jacuzzi, tropical gardens, 2 separate entrances, all LED indoor/outdoor lighting. 

The Pre Construction Purchase price of $2’500,000,-  includes the plot, architectural fees, construction & costs of construction supervision fees, utility connections fees,  It does not include Furnitures, notary fees, transfer tax & sales tax.

Schedule of Payments:

1- At closing at the notary the deed of transfer for the plot will be in the name of the buyers, a detail construction agreement will be attached to the contract of the plot.

2-The total balance to be deposited at the notary for disbursements of construction invoices.

            A- the Notary will disburse funds based on the schedule of payments below and progress of construction.

 

In the Caribbean Islands outdoor covered spaces are calculated and priced same as indoor areas, for example pool, pool decks, terraces with finished floors, lighting, planters, railings. 

Materials:

Custom Made Hard Wood windows, doors, louvers, interior doors. 

Floors: Italian/Brazilian 60x60cm high quality commercial grade porcelain tiles.

Lighting: indoor/outdoor low voltage LED Italian weather resistant fixtures.

Kitchen: Custom built kitchen includes dishwasher, gas cooktop, electric oven & double door refrigerator.

Custom built vanities with high quality European plumbing fixtures.

Modern floor mount toilets with soft closing seats

Moen Sinks & faucets.

230/120V electrical for European and American appliances.

Individual AC unit in every bedroom.

Sherwin Williams commercial grade indoor/outdoor paint.

 

Transfer fees are 4% 

Property Tax 0.6% of purchase price.

Notary fee is approximately $1200.00

Resort association fee Coral Estate $187,-  per month.

Pool maintenance $125,-  per month

Garden maintenance $110,-  per month 

 

Total construction time is 12 months, since all architectural, structural, electrical/plumbing/windows drawings are all completed.

There are no restrictions for private ownership of land or property in Curacao, at closing you will receive a deed of transfer registered by the notary.

You can purchase under your name or under a curacao offshore company that must be set up by the same notary before closing. Closing usually takes 4 to 6 weeks due to title and liens searches.

 

For viewing and information:

Email: info@abcrealestate-curacao.com

Whatsapp: +5999 5610364