Looking to create a beach front resort style development in the rapid growing city of Samana...?
The proposed “El Valle” (the Valley) site is a beachfront parcel of approximately 300,000 square meters . The site has approximately 500 linear meters of direct beachfront, with good quality sand in a unique setting: the natural topography creates an amphitheater-like locale. The combination of the ocean frontage and topography are key aspects of the site and must be utilized to maximize its impact to the overall development.
The El Valle parcel has significant topography running through much of the property, ranging from sea level up to approximately 160meters. The most unique characteristic of the El Valle site is the beachfront cave that is on the eastern side of the site.
El Valle, Out of Area, FL, 32000
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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