Isla de Oro Beach Club Residences
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Private Beach Club Residences

 
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ISLA DE ORO Beach Club Residences
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A PRIVATE BEACH CLUB RESIDENCE and Caribbean property is now within your reach. Each ultra-luxury Premium Residence is immaculately appointed, maintained and situated with unobstructed ocean views. To purchase an oceanfront condo, submit your reservation along with a deposit of Bs.F 10,750 / US$5,000 or the equivalent in other currencies (half of which is non-refundable). Following that, you then either visit the Beach Club or arrange with us to complete your purchase without visiting.


CURRENT PRICING
TYPE 1: STUDIO
Original-grade:
approx.$19,900 - $25,100
(Bs. 42,785,000 - Bs. 53,965,000)
Premium Residence:
$53,488
(Bs. 115,000,000)
TYPE 2: ONE BEDROOM
Original-grade:
approx.$34,000 - $39,500
(Bs. 73,100,000 - Bs. 84,925,000)
Premium Residence:
$92,325
(Bs. 198,500,000)
TYPE 3: ONE / TWO BEDROOM
Original-grade:
approx.$39,000 - $46,000
(Bs. 83,850,000 - Bs. 98,900,000)
Premium Residence:
$98,200
(Bs. 211,130,000)

Pricing valid 01 January 2009 - 30 June 2009.
Limited availability in either grade.


AVAILABLE APARTMENT SIZES
TYPE 1: STUDIO [ See floorplan ]
From 445 sq.ft. to 477 sq.ft.
(From 41.3 sq.m. to 44.3 sq.m.)
Studio residence w/kitchen, one bathroom.
TYPE 2: ONE BEDROOM [ See floorplan ]
From 722 sq.ft. to 764 sq.ft.
(From 67.1 sq.m. to 71.0 sq.m.)
One bedroom, two bathroom residence w/kitchen.
TYPE 3: ONE / TWO BEDROOM [ See floorplan ]
790 sq.ft. (73.4 sq.m)
One bedroom (convertible to two bedroom), two bathroom residence w/ kitchen.

Larger non-standard sizes may be available or two apartments may be joined to form one.


APARTMENT GRADES
ORIGINAL-GRADE:
Original state, few or no upgrades since the Beach Club was constructed.
Includes working kitchen, working bathrooms.
All fittings approx 25 years old.
Functional, can be lived in; may possibly have minor defects.

PREMIUM RESIDENCES:
New floorplan. New wiring, new plumbing and pipes. New windows, doors.
Includes installed jacuzzi, all finishings, marble flooring, carpeting, finished baths, closets, kitchen.
Pre-wired for Internet, cable TV, Dish Network/DirecTV, security.
Ready for occupancy; Qualified Premium Residence (w/ optional furniture package).


OPTIONAL: FURNITURE PACKAGES
Hyatt Regency-style furniture package, Studio Residence:
$6,240
Hyatt Regency-style furniture package, One Bedroom Residence:
$8,830
Hyatt Regency-style furniture package, Two Bedroom Residence:
  $9,480

Furniture packages are available for Premium Residences only.
Allow 15 days for delivery.


FINANCING
For condos which will be used as residences (as opposed to investment properties or rentals), local government-subsidized financing is available. The approval procedure takes between two and three months. It requires the applicant to be physically present in the country and be prepared to live here for at least six months per year.
Down payment, min.:
 10%
Annual interest rate:
   Negative*
Length of mortgage:
 20 years

*Rate varies, but is always subsidized so as to be below inflation. More information on the mortgage process is available from Isla de Oro's official owners-only website: www.isladeoro.com.ve


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