Punta Mita offering attractive financing

In a move to raise buyer interest, DINE, developer of Punta Mita, is now offering attractive, below market financing rates at the Kupuri beachfront development. Kupuri is part of Punta Mita’s nine-and-a-half-mile beachfront, where DINE is offering lots ranging from ¾ acres to 1.5 acres, priced from $2.25 million for secluded hillside locations to $7.2 million for beachfront estate sites. 

To date, DINE has sold eight Kupuri lots, including a beachfront property to homebuyer and Mexico City-based architect Alejandro Quintanilla.  Quintanilla has designed a five-bedroom, contemporary style estate home with special guest quarters now under construction and slated for completion by fall of 2009.  

DINE’s new financing program requires a 30 percent down payment due at closing with no mortgage payment due for three years at zero percent interest. A balloon 70 percent payment balance is due at the end of three years. Additional terms and incentives, for a limited time, include a 15 percent discount off the list price, and a 10 percent discount as long as the home is built within the first three years. In addition, homeowner association fees, property taxes and golf membership dues are waived for three years.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: