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Colibri
Court Purchase Prices
Prices
are listed in US Dollars and the Sterling price will depend on
the applicable exchange rate.
* Phase One Apartment prices will be reduced by US$30,000 for
non-mortgaged purchase contracts opened by 31st May 2008.
| Phase
One Ground Floor Quad Apartments |
US$625,000*
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GB£320,000*
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| Phases
Two & Three Ground Floor Quad Apartments |
US$625,000
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GB£320,000
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| Phase
One Upper Floor Quad Apartments |
US$675,000*
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GB£346,000*
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| Phases
Two & Three Upper Floor Quad Apartments |
US$675,000
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GB£346,000
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| Duplex
Ground Floor Apartment |
SOLD
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SOLD
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| Duplex
Upper Floor Apartment |
SOLD
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SOLD
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Payment
Schedule
20%
on contract signature
80% on completion and prior to occupancy
All monies will be refunded in the unlikely event of a landholder's
license being refused through no fault of the Purchaser.
Developer's
Mortgage
We
are pleased to offer non-status mortgage funds of up to 50% of
the purchase price.
The mortgage is secured on the property, and is not subject to
any proof of income or other conditions. The mortgage will run
for a period of 5 years from the date of completion. Payments
will be interest only - no capital payments are necessary. Interest
rates will be those prevailing in Antigua and Barbuda and purchasers
should be aware that these are generally higher than rates in
the US and Europe.
Fees
and Legal Costs
2.5%
Stamp Duty
5% Landholder's License
1-2% Legal Fees approx.
Jolly
Harbour Community Fee
US$285 per month
approx. to include communal lighting, gardening, waste
disposal, security and infrastructure maintenance for the Jolly
Harbour resort.
Colibri
Court Management Fee
US$450 per month approx. to
include building insurance, gardening and maintenance of the pool,
spa, rest rooms, pool furniture, security lighting, walkways,
insect fogging of the grounds, purchase of pool chemicals, insurance
for common areas and maintenance of the exteriors of Colibri Court.
Also included are the administration services from the management
company. From the end of Year One the level of these fees are
set by the owners themselves.
Property
Taxes
No
valuation as yet but local property taxes are generally low. ABST
is the new Antiguan sales tax with a rate of 15%. This may be
applied to some of the costs and fees.
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