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Artist Renderings:
A Greek inspired building with ten luxurious residences directly on the beach.
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| Two Bedroom Unit: Eight well appointed units overlooking the white sand beach. |
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Three Bedroom Penthouse:
Two luxurious penthouse residences with expansive floor plans on two levels. |
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Updates:
Click here to view updated construction photos as well as important project updates. |
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Island Photos: Click here
to view delightful
pictures. |
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Other Plans :
Click here to view parking garage plan, building plan etc.
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Securing your Unit:
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| In order to secure a unit at Aqualina Beach Club, a $10,000 (Ten Thousand US dollars) binder fee will be paid and held by the escrow agent, Standard Trust Company, Philipsburg, St. Maarten, N.A.. This binder fee is fully refundable at any time until you sign the sale and purchase agreement.
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Sale & Purchase Agreement: |
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Once the building plans have been finalized and the building permit has been approved, you will be forwarded a copy of the sale and purchase agreement for your unit. At that time, you will also receive a copy of the final architectural plan for your unit as well as an approved building permit. You will then have fourteen days to review the contract. On day fourteen you will be required to sign the sale and purchase agreement and wire a deposit to the escrow agent. This deposit along with your $10,000 already held in escrow will equal ten percent (10%) of your purchase price, as per the sale and purchase agreement. Once the sale and purchase agreement has been signed, the binder fee and deposit become non-refundable.
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Payment Schedule: |
| Payment 1 |
At the signing of Purchase Agreement. |
10% |
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| Payment 2 |
Within 14 days of the date of the certificate of completion of the slab. |
10% |
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| Payment 3 |
Within 14 days of the date of the certificate of completion of the pouring of the floor of the unit being purchased. |
10% |
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| Payment 4 |
Within 14 days of the date of the certificate of completion of erecting of interior and exterior walls of the unit being purchased |
10% |
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| Payment 5 |
Within 14 days of the date of the certificate of completion of pouring of the roof of building |
10% |
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Final 50% will be due at closing at the offices of the notary upon completion of the building and transfer of the notarial deed of ownership. Buyer will be responsible for government transfer tax, notarial and Kadaster fee as outlined in the sale and purchase agreement.
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Funds will be released by the escrow agent for the sole purpose of construction of the building at the different stages as verified by an architect/surveyor independent of developer and escrow agent as per sale and purchase agreement. Buyer will be supplied with various photos by email at the different stages. |
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