Rancho Neptuno Oceanfront
Puerto Escondido, Mexico
Beach Property Overview
This 2564.07 sq meters (.64 acre) lot at Rancho Neptuno is on the ocean, available discounted and with seller financing. To buy direct from the developer of Rancho Neptuno, the price is $110.00 per square meter whereas this lot is priced to sell for only $81.25 per square meter. In addition, the owner is willing to provide financing subject to the following terms. The purchase will require a down payment of 6% - which is US$ 12,500. Interest rate is a fixed 5.85% for the first 2 years after which time it becomes the greater of 5.85% or Prime plus 2%. 30 year amortization with a monthly payment of US$ 1,155.29. Buyer is responsible for real estate taxes, annual bank trust fees, HOA fees and transfer fee once the contract for deed is paid in full.
- For Sale US$ 208,330.69
- 6% down payment
- 2 year fixed interest rate of 5.85%
- Then, the greater of 5.85% or Prime + 2%
- 30 year amortization
- Monthly payment of $1,155.29
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