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Vista Santa Fe: Invest in California with only $10,000 Deposit
August 3, 2010Article by Ray Withers
The financial deluge that has hit the United States over the past two years has prompted a flurry of offers of cheap property. As the first signs of recovery begin to take hold, investors are looking to put their money where the action is – and where it’s going to be over the next few years.
Vista Santa Fe ticks all the boxes for this type of investment.
All that is required is an initial deposit of $10,000 – the rest can be paid off over 5 years with just 3.5% interest.
Outstanding Features include:
- Location: Desert Hot Springs, California
- Initial Deposit of Only $10,000
- Full and Irrevocable Planning Permission
- Income: up to 7.75% PA*
- Minimum Plot Price: $30,000
- Open Market Value $41,300 (max)
- Peak 2006 prices: $90,000
- Number of Plots: 32
- Status: Fully Entitled Development
- Lot Size: From 9,441 Square Feet
- Total Size: 20 Acres
- If no income taken you can buy with finance and just $10,000 deposit
The plots have full and irrevocable planning permission to be developed as residential property in the dynamic and growing Southern Californian market.
In addition there are three US construction companies willing to pay you annually to have an option to buy it back from you at 140% of the present cost. Therefore, this desirable Californian land has both a good exit strategy and the option to earn income during your period of ownership.
Vista Santa Fe is in the Coachella Valley, just 20 minutes drive from Palm Springs International Airport. It is an area of great natural beauty and economic growth, offering a very high quality of life to those who wish to relocate from crowded cities.With more than 350 days of sunshine per year and warm winters, it is also a top vacation destination.
With mortgages are still not readily available, Vista Santa Fe is the best option for clients wishing to make a reasonably priced profitable investment in the US market.
Notes to Editors
For further information or interviews, please contact Property Frontiers on +44 (0) 1865 202700.
Property Frontiers is the only company dedicated to supporting investors in the world’s most investable property markets and concepts. Our mission is to research new investment opportunities, to educate and inform about all aspects of the international property markets and to support our clients at all stages of the investment process.