Phenion on the Ridge: Plans and Contact
|
From the warm ocean breezes of Montego Bay
to the glitzy shores of Negril, Jamaica remains a
favorite destination for sun seekers
of all ages and interests.
TripAdvisor.com |  | | Phenion on the Ridge offers housing with one, two and three bedroom units on lots ranging from 1,200 sq ft to over 3,600 sq ft. Additionally there are six Penthouses of over 4,600sq ft.
There is a minimum investor participation and contribution of US$380,000; however, limited positions are available. Successful Joint Venture Partners must provide a letter of intent, proof of funds as well as source of funds from a legally recognized financial institution. The institution must be recognized under United States Federal Banking regulations and laws, before the prospective investor is accepted into the partnership.
|
| Jamaica: The Home of Reggae and Relaxation...
BookIt.com |  | When the sale of the units begin in June 2009, the price point for the smallest units; comprising 1,200 sq ft; will begin at US$552,000. This is very competitive pricing when taking into consideration both the cost per sq ft and the size of the units.
The price points for units are within the margins of the local real estate buyers, investors, and home-owners. Houses of a similar caliber being put on the market currently sell from US$500,000 and higher.
|
|
Paradise awaits you at
Phenion on the Ridge Hotel Condominium & Spa! | 
| There is a very strong demand for real estate in Jamaica both amongst local buyers as well as international residents who have a desire to own property there. Included in this group are Caribbean born immigrants to the USA; CANADA AND THE UK who have always displayed a strong desire to retire in Jamaica or at least have vacation property there. This is therefore an assurance that investors will not be stuck with a product that will not see realistic demand.
The fact that the project is a hotel condominium concept, in a high demand tourist rental market, will ensure that investors and end-users real estate will maintain its value and appreciate. The area is literally built out, with only a few parcels available for developments purposes. Scarcity of the product will positively affect appreciation. |
|  | The developers, Caribbean Real Estate Investment Fund (CAREIF) Ltd. is a recognized real estate development and investment company that serves the purpose of pooling resources together.
Whether it is investor capital, real estate holdings or investors from the Caribbean and the rest of the world CAREIF will coordinate these valued resources into products and profitable activities.
The staff of CAREIF are courteous and are always ready and willing to address your concerns.
|
| | | | READ MORE : Home>>>
| | |
|
|
We NEVER spam or share your information. Information about prices, products, services and merchants is provided by third parties and is for informational purposes only. CaribPro.com does not represent or warrant the accuracy or reliability of the information, and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
|
|
contact us 