Invest to OWN El Castillo 12% ROI
Invest to OWN El Castillo 12% ROI, 24 months
ResClub Resort has agreed to develop 100 acres in Liberia, Costa Rica in a project called Playa Liberia. Project includes 77 home sites to be offered for whole ownership as part of its expanded vacation rental home resort brand. This development will be in accordance with land use, zoning and building codes set forth by the local building and development department, relating to Residencia El Castillo Liberia, Guanacaste, Costa Rica.
This specific offering is for 77 additional lots at $145,000 each. Now offering a pre-sale for these lots at $95,000 with $25,000 unit binding investment deposit on one lot.
Specifically, for the properties that will be part of the ResClub Membership Program, additional revenue will be generated through short term rentals via a large international property management company as well as various revenue streams tangential to the Membership Program.
As a Short-Term investor looking for maximum yield, this offering within vacation residual community El Castillo provides an opportunity with a minimum investment of $25,000.00 to benefit from a 24 month-term garnering a high-yield 12% return per annum, payable over dividend payments over 24 months.
Residencia El Castillo is located approximately 5 minutes from the capital of Guanacaste, Liberia which offers access to all modern conveniences and within easy reach of major tourism areas, combined with access to the natural beauty of Costa Rica.
Whole ownership opportunities will exist within El Castillo, whereby an owner will have an opportunity to design their own home from a number of floor plans, which average will be 4 Bedroom, 4 Bathroom, 3,000 SqFt. Single-Family Pool Homes with Pool located on a 1.25 acre lot in a gated and guarded community with an initial pre-release price from $500,000.
Reservation deposit will be $25,000, which will also garner a 12% return over a 24 month term while the properties are under construction. Rental projections also look very positive with options to target traditional nightly stays or the increasing digital nomad market.
Note: There is no ResClub vacation program usage associated with the pure, short-term vacation investment program.
Use of Proceeds
Proceeds received from this agreement are exclusively for and secured by the purchase of the subject property. The properties have been designed and will be developed for the usage of short-term vacation rentals and/or part of the ResClub Membership Program. Company reserves the right to substitute purchase of equal to or higher value to Company and Subscriber if the opportunity exists. Investment debt garnered by the Company through this agreement shall be senior debt in first lien holder position. Company shall not carry any other debt on property until the senior debt (investment herein) is retired along with all interest owed due and payable to Subscriber.
Ownership Structure & Rights of Securities
The Purchased Units, when issued, sold and delivered in accordance with the terms hereof for the consideration expressed herein or therein, will be duly and validly issued and fully paid and non-assessable.
Risks & Disclosures
A purchase of a Membership Right involves a high degree of risk and, therefore, should be undertaken only by qualified investors whose financial and other resources are sufficient to enable them to assume these risks. Prospective purchasers should carefully consider risk factors, in addition to all other information contained in the Subscription Agreement, before purchasing a Membership Right. The risk factors provided are not meant to be an exhaustive listing of all potential risks associated with the purchase of Membership Rights and additional risks not presently known to the or that the Company currently deems to beimmaterial may also affect the Company, the purchasers or the Membership Rights. Prospective purchasers should consult with their own financial, legal and tax advisors prior to purchasing any Membership Rights.
Prospective purchasers should carefully consider, among other factors, the matters described within the Subscription Agreement, each of which could have an adverse effect on the Company’s ability to pay annual returns to the owners of Membership Rights under the program in which purchasers are participating (Returns). When considering the risk factors and other considerations described below, prospective purchasers should understand that the proceeds from purchases of Membership Rights will be used to acquire real estate, and the Membership Rights and Returns that may be payable there under will therefore depend to some extent on the Company’s ability to procure a sufficient number of subscriptions be able to confer the benefits contemplated by the program. The following discussion of real property with respect to the Company and the attendant risks should be read to include the Company’s interest in the real property and, by virtue of the Membership Rights, purchasers’ indirect dependence on such real property with respect to their Returns, as well as their ability to use and enjoy such real property.