The accomplished developer came has created multiple quality communities and high end beachfront homes in Cabo. This particular location has a total of 38 lots. Only a 5 minute drive to Cabo San Lucas and 15-20 minute drive to San Jose del Cabo. Hermitage is a gated community with 24 hour security.
ST´TROPEZ: (Second Row).
3 bedrooms, 3baths, living room, dining room, kitchen, laundry area, maids quarters and full bath for the maid.
2,260 sq feet of construction and the lots are aprox. 5,200 sq. feet.
CANNES:(Third row).
3 bedrooms plus a family room or fourth bedroom, 3 baths, living room, dining room, kitchen, laundry area, maids quarters and full bath for the maid.
3,300 sq feet of construction and the lots are aprox.6,595 sq. feet.
NICE: (Fourth row or Top).
3 bedrooms plus a family room or fourth bedroom, 4 baths, living room, dining room, kitchen, laundry area, maids quarters and full bath for the maid.
3,470 sq feet of construction and the lots are aprox. 7,390 sq feet.
Purchase and Financing
The villas are being built upon the signing of the purchase agreement and normally take 6 to 8 months to completion.
The procedure to close is the following:
25% down at the moment of signing the purchase agreement.
25% at half of construction
50% at completion and delivery of the villa.
There is also developer´s financing with the same 25% down and the balance paid over up to 10 years with a 12% annual interest rate.
The first mortgage payment will be at delivery of the villa.
There is no pre payment penalty and you can make prepayments as many times as you want.
Tomas Germes
Real Estate Consultant
Office Cabo MX 011 52 (624) 142 6039
US 949 200 6640