$200,000 Investment in Cóbano, Santa Teresa
Private Lenders Investor Alert
“Investment in a Construction Project in Cóbano, Santa Teresa”
Earn 12.5% interest per year
Invest $200,000.00
Earn $2,083.33 per month
That is $25,000.00 per year
It is a 36 – month term loan
That is $74,999.88 in profits
DETAILS OF INVESTMENT IN COBANO:
Amount Requested: $200,000 USD
Term Desired: 3 years
Loan-to-Value Ratio: about 25% (on the 1st $100,000 USD of the loan disbursement)*
Construction Area: about 135 m2
Land Area: about 5000 m2
* Because this is a construction loan and the borrower will be using 100% of the funds towards the construction of the rental properties, they will be driving down the LTV for the 2nd disbursement of funds.
Phased Construction Details:
The borrower is requesting the loan to construct 2 rental properties.
The loan is being classified as a construction loan. The loan funds will be disbursed in 2 allotments of $100,000 USD totaling $200,000 USD.
The first $100,000 USD amount will be disbursed upon the loan’s closing, and the 2nd allotment of $100,000 USD will be disbursed after an assessment of the construction progress has been completed.
The borrower has already started the construction of the rental properties.
Property Location: Cóbano, Santa Teresa, Puntarenas Province
Santa Teresa is a small beach town located about 150 km west of the capital city of San José. Like other coastal villages on the Nicoya Peninsula, Santa Teresa started as a remote fishing village, relying on agriculture, cattle ranching, and small-scale fishing. Tourism is the primary source of income for most families. Santa Teresa boasts some of the best yoga retreats, surf clubs, and luxury accommodation for visitors from the USA and other countries.
Property Description:
This beautiful single-story home was built 6 months ago on a large lot that overlooks Playa Santa Teresa’s ocean.
The property’s layout allows natural light to enter from almost all sides of the home, and there is a large patio facing the ocean that welcomes a person just to relax.
The home has the following attributes:
- 2 bedrooms
- 1 bathroom
- 1 large kitchen
- Covered parking
- Covered Patio Area
If you are interested in this Investment in Cóbano, CLICK HERE
Do not miss this chance – CALL NOW +506 4001-6413
Money lending is a fast-moving business, and we need lenders to understand that and make quick decisions. Keep in mind that borrowers may have already applied to other lending companies. Because of that, we try to close loans within a few days. (If we don’t, the competition will!)
Make safe, consistent returns by investing in Costa Rica each month by making a home equity loan in Costa Rica secured by a mortgage.
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Article by Glenn Tellier (Founder of CRIE and Grupo Gap)
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