This property is in Costa Rica, it is directly in front of the beach. every inch of the property has spectacular ocean views, nice income generating hotel business in the best location 20 rooms, all rooms have A/C, hot shower water, smart TV, high speed WIFI, some rooms have 1 bed, some rooms have 2 beds, some rooms have 3 beds, some rooms have 4 beds, it is an income generating property, half way on top of the mountain, less than 100 Meter away from the beach and Ocean, private parking, it has ocean view, beach view, garden view and mountain view, two reception area, laundry room area, Public bathroom Y Zona de duchas p?blicas despu?s de la gente que regresa de la playa. large bodega in the back of the building, all rooms have terrace/balcony all have direct ocean views. There is an infinity swimming pool and large balcony have ocean and beach view, a kitchen, there is also a supermarket and two best restaurantes in town on the beach. The land itself can be developed for another same amount of rooms additionally for use. Location is at Playa Bonita, Limon, Costa Rica
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,451 | $5,911 | $7,972 |
Total Monthly Payment | $5,576 | $6,036 | $8,097 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.