Luxury Tenanted Apartments in Fort Lauderdale, Florida for Sale. (ZPOC-T689230)

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WHens The Best Time To Buy Tenanted Property In The Venice Of Florida Is Your Cheque Book Handy The sub-prime mortgage crisis has put stunning Florida property within your financial reach. All the better when those properties come already tenanted. If you could improve the deal further with apartments that simply must sell at highly affordable levels to meet the developer's final loan payment, the package would be perfect. So, welcome to Village East in Fort Lauderdale. We've secured a handful of these units on this luxury site and now, in keeping with our promise to bring you investment property that pays for itself, you can enjoy apartment living in South Florida from just 80,000. That's less than half the original 215,000 asking price. Luxury Resort Living Back in 2005-06, these luxury apartments were selling for $340 to $380 per square foot. Current replacement costs range from $240 to $300 per square foot. But our price beats even that. Yes, this is luxury resort living at less than 50% of the peak market price. Village East is an A1 location. Fort Lauderdale is known as the Venice of Florida, and you'll find Village East at the strategically important SE17th Street, the gateway to the beautiful Ft Lauderdale Beach. Here, access is easy to first-class amenities like beautiful beaches, cultural attractions and Las Olas Boulevard, with its chic boutiques and restaurants. Strong Employment Area It's a strong employment area with A-rated schools, close to the Fort Lauderdale-Hollywood International Airport and the world's largest cruise port, Port Everglades. Here's what you'll enjoy most about investing in Village East: - Tenant in Place So you receive income from day one - Net yields of around 6%-7% - A reduction of more than 50% from peak prices - Very stable rents with a trend to rent increases - Earn an Extra $811 per Month - Unparalleled Residential Location - A rated schools - Fully Managed - Resort-Style Clubhouse with Fitness Centre and Pool - Our 'Property That Pays For Itself' promise Apartments come with fully equipped kitchens, walk-in closets, cable or satellite TV, high-speed Internet, vaulted ceilings and a private patio or balcony. In addition, each apartment has an attached garage and theres also a resort-style pool with grill area, clubhouse and fitness centre for residents enjoyment. Deal Summary Actual Examples Village East Unit Details: 1 bed / 1 bath Purchase Price: $128,193 / 80,000 Monthly Income: $1,315 Monthly Running Costs Management: $100 Estimated Council Tax: $163 Community Fees: $241 Monthly Net Cash Flow (Cash in Your Pocket): $811 Net Rental Yield: 7.5% Village East Unit Details: 2 bed / 2 bath Purchase Price: $183,099 / 114,000 Monthly Income: $1,620 Monthly Running Costs Management: $100 Estimated Council Tax: $213 Community Fees: $322 Monthly Net Cash Flow (Cash in Your Pocket): $985 Net Rental Yield: 6.5% The Only Way Is Up Remember, your apartment at Village East is already tenanted, so you're making money from day one. And with South Florida property prices having levelled since mid-2009, the only way is up for Village East and your investment portfolio. Simple Purchase Process Investing at Village East is as easy as 1-2-3. This is all you have to do: 1.Choose the unit you want to purchase and complete reservation form. 2.Reserves unit by making a 10% deposit to Title Companys secure escrow account. 3.Purchase Agreement is emailed to you to review and sign. This is then returned to the US. 4.Title Company prepares final documentation and sends it to you about two weeks after the initial Purchase Agreement is returned. 5.You wire the remaining balance to Title Company's secure Escrow account. 6.Congratulations! You are now the proud owner of your Florida Investment Property. You will receive your first rent check (less management fee) within 30 days of closing (if you invested in a tenanted property). Exit Strategy Located within a growth area at the strategically important SE17th Street, the gateway to the beautiful Ft Lauderdale Beach, Village East comes with clear, viable exit strategies for both resale and rental - ensuring investors make money on their investment. Since new construction has been on hold for the last 3 years demand for quality products like Village East will surge as soon as the economy picks up full steam. Based on these assumptions we project a value increase of your property of 40% to 50% over the next few years. Village East is one of the most sought after developments in the area and we expect that as soon as the finance markets recover to see further increase in demand for this luxury development. The Best Units Are Going Fast Village East is a luxury development with stunning on-site amenities that will pay for itself and offer superb long-term investment opportunities. With its high build quality, excellent location, unbeatable price and popularity with the local market, Village East fulfils all of our stringent investment criteria. The best units are selling fast. Secure Your Plot So, when's the best time to buy in South Florida With property at its lowest levels since the 1980s, Now is the time to invest. Remember, this is resort living complete with all the luxury trappings you would expect, like vaulted ceilings, private patios and satellite TVs. At a price you would not. For more information, and to receive your Free Village East Brochure, please Call or Email us Today. Loxley McKenzie Managing Director P.S. The US real estate market is in recovery. Wise investors are snapping up the last of the bargains. Act today to secure your investment at Village East. We are open: Monday to Friday 09:00 - 20:00 (GMT) and Saturday 10.00-17:00 (GMT)Purchase IncentivesReduced PriceInvestment CharacteristicsReduced PriceFully FurnishedTenanted PropertyLifestyle ActivitiesResortMarinaBeachVillageDevelopmentAmenities and ServicesSwimming PoolParkingClubhouseSchoolsTourist AttractionsManagementProperty CharacteristicsFurnished1980sProperty FeaturesGardenBalconyGarageOff Street ParkingStablesPatioFixtures and FurnishingsSatellite / Cable TVTelevisionKey selling points:Condition: ExcellentFurnishedCommunal poolCommunal gardenOff Street ParkingDistance from an airport: 15 mins

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