Introduction
The McFadden Group is dedicated to bringing ethical, honest and comprehensive professional service to their clients all around the world, at a level of quality normally expected in the United States and Canada. The company offers international resort homes and condos for sale, most of which represent excellent pre-construction investment opportunities as well as other kinds of real estate developments abroad in the most beautiful and paradisiac spots.
Pre-construction investment opportunities
Pre-construction investment opportunities can be tremendously rewarding from a financial point of view. The key is to locate a vibrant market and seek out those projects that are pre-selling. Our service includes helping you locate new real estate developments abroad in the most beautiful and paridisiac spots you can think of that represent good investment opportunities.
The advantages to the developer of permitting clients to select units in pre-construction can be many. They might be required by the bank to have pre-sold a certain amount of units for their loan to be approved. Or, it can help them identify which units are the most sought after so they can adjust their pricing accordingly to maximize their profits later on.
How do pre-construction investment opportunities work? Once you have found new developments abroad and identified it as one of the many pre-construction investment opportunities we can help you find, typically a reservation is made. Sometimes non unit specific. This is usually accompanied by a refundable deposit. Once you have been assigned a specific unit and estimated price, the contacts are available along with a public offering statement and condo documents for your and your attorney's review. If you decide to procced and sign the contract, you will be required to return the contract with the balance of the deposit amount. Typically the balance of 10% and other 10% or 20% is usually due along the way. In some cases, no other monies are due until you take possession of the unit in a few years time. A large advantage is that once you have made your initial deposit, you are not required to pay any mortgage or service any debt. In a great project in a vibrant economic area, the demand for the units increase and the likelihood of being able to sell your unit upon completion to someone who wants to live there is quite good, all the while the unit has appreciated in value.
In the case of international resort homes & condos, once you take possession of the unit, oftentimes you will have a fully furnished home or condo in a great place and a fabolous vacation home or condo while the debt incurred is offset by the unit's rental potential. These units can be placed in the resort's rental pool and the owner splits revenue with the operator.
New Real Estate Developments Abroad
There are a number of new real estate developments abroad that we can help you identify as good pre-construction investment opportunities. Several of them are precisely in Puerto Vallarta, Mexico where our offices are located. Although you will see that we offer investment opportunities in other parts of the world. Please click here to see our list of new real estate developments abroad.
About the Mcfadden group
William and Judith McFadden have owned and operated a Mexican Corporation, Largevida S.A. de C.V., in Puerto Vallarta, Mexico since January 2002. The company offers international resort homes and condos for sale as well as other real estate services in English and Spanish through its international division. Please click here and contact us if you want to know more about our services or locate new Real Estate developments abroad.