TAAK MAYA - PLAYA DEL CARMEN CENTRO - 2 BEDROOM CONDO

Property Description: Bank-Auction Property

SPECIAL PROMOTION: Property is Bank-Auction but this property is TITLE READY IN 60 DAYS. This is like buying a regular property but at a heavily discounted price. Most Bank-Auction Property takes a minimum of 6-8 months to go through the legal recovery process.

SPECIAL PROMOTION: We have 2 Bank-Auction 2 Bedroom Condo Properties ready for Title. The Condos one block from 5th Ave and have a Bank-Auction value of $250k, Fair Market Value is much higher up to $300k.

HOW TO BUY ONE OF THESE UNITS:

1. The Buyer ONLY pays $150k NOW and will own a 2 bedroom unit at Takk Maya Playa Del Carmen.

2. There will be a Guaranteed $100k instant profit for the Buyer as the unit is currently valued at between $250K - $300k.

3. Xmex Properties will invest with you and will ONLY share in the profit when the Condo is sold (Equal Profit Share on a 50/50 basis).

4. Buyer can live in the unit full time or choose to rent it out, for all intents and purposes it is the Buyer's Property. 100% Rental Income belongs to Buyer.

5. The unit can be resold in probably 2-3 years for example at which point the $100k Profit is paid to the Buyer and Buyer recovers their original $150k.

6. Buyer may perform any renovations or upgrades and receive 100% of the full benefit at resale.

7. As the unit is classed as 100% owned by Buyer, Buyer would pay monthly HOA and annual Predial as usual and electric and wifi etc. HOA is approximately $200 p/m and Property Tax $250 per year.

8. Closing Costs (usually 6% of property value) are included in the purchase price.

9. Payout Example: if the unit was sold for $350k in 3 years time, Xmex Properties would take $100k Investment Profit and the $250K would go to the Buyer giving a net profit of $100k, PLUS recieve 3 Years Rental Income.

10. With additional Profit from the investment, Buyer is now free to buy a more expensive Property than could originally be afforded.

Description: 1 & 2 Bedroom Bank-Auction Condos currently available from $159,000 to $250,000 Individual Price. Located in front of the Municipal Palace. Rooftop Pool & Select Underground Parking Included.

Great Central Playa location only a couple of blocks from the famous 5th Avenue and conveniently located for the Ferry Terminal.

Development of 3 levels composed of 24 departments and 7 commercial premises. The property has all public services (water supply: network of distribution with supply to the property, sanitary drainage: collection network of Wastewater with connection to the property, Storm drainage: Storm drainage network in Street, Electrification: overhead network with connection to the building, public lighting: overhead wiring.) It has a cistern of 60 m³.

The water service is common in the name of the Development and is paid according to the Consumption of each department.

Condition: Very Good Rating 8/10

BANK-OWNED SPECIFICATIONS:

• EXPAT Special Offers with our brand new Bank-Owned Condos

• EXCLUSIVE EXPAT Pricing and immediate profit from Rental Income or Resale

• Properties are usually 50% Off Fair Market Value with Immediate Equity

• XEN Invetsments now offering DISCOUNT Live-In, Rental-Ready or Resale Condos that we have purchased DIRECT from the Bank

• Price on the Title Deed is the price you pay, so there are no tax issues at time of purchase. Comparable Property is usually twice the price

• Properties are NOT FOR SALE TO THE GENERAL PUBLIC 

• Only available for XMEX REGISTERED Clients, US & Canadian Citizens. Reserve for ONLY $1000 Fully Refundable* OR Transferrable*

• LIMITED OFFER - INCLUDES FREE CLOSING COSTS**

HOW TO BUY:

Typical Buying Process;

1. First Come First Served

2. Security Deposit $1000 For 5 Days

3. > Minimum 50% Deposit After 5 Days  

4. > Up to 90 Days for Clearing Process

5. > Balance after 90 - 120 days 

6. > Closing after 120 days

7. > Clear Title Issued

Exclusions:

1. Furniture (Unless Speciafied)

2. Appliances (Unless Speciafied)

3. Closing Costs (Usually 6% of Property Cost)

4. Legal Cost - Fideicomiso (Bank Trust)

5. Predial Property Tax (Average $400 - $500 Per Year)

6. Monthly HOA Maintenance

TAAK MAYA Properties will be delivered freshly painted and renovated similar to the video below: