18 April 2012

Investor of Ciaran Maguire Group

The finance for the property then comes from a 70% mortgage which is provided by the relevant bank. The mortgage payment per month is covered by an 8% rental guarantee. The 30% is a loan paid back to the developer at 0% per month. This means that the actual capital is coming off the apartment that you own from day one. The developer’s loan is paid back over 7 years, and in this time your repayment mortgage also has an element of capital being paid off. For any owners of property they will know that this means the normal repayment mortgage over a 20 or 25 year term is dramatically reduced. The risk associated with this kind of investment will be minimal. The reason for that is that the development has to produce the rental guarantee.

Palm View unique agreement allows our holiday home owners to benefit from owning a property abroad, capitalize on a guaranteed fixed rental income, enjoy their personal usage and in take advantage of the opportunity to take full time occupation of the property at the end of the lease. Also included for the investor at Palm View Resorts is the apartment will be delivered to them in turn key, fully furnished with the latest of interior design including, plasma TV’s fully fitted kitchens and luxury dining and bedroom suites, it is built and furnished to 5 star condition and refurbished every 3 years. The apart hotel resorts will be home to fine dining restaurants bars and casinos.

Ciaran Maguire the President and Chairman has worked with a team of engineers, project managers architects and interior designers to deliver the Palm View Resorts Living. The luxury brand of Palm View Resorts opens with Boa Vista in Cape Verde and continues with the developments on the stunning islands of the Carribean in Bequia and St Lucia.

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