This oceanfront Penthouse Suite is simply dazzling and extremely luxurious with approximately 14,000 square feet of space including the wraparound terrace, an outdoor kitchen area with gazebo, a rooftop plunge pool, three massive guest suites, and a Master Suite fit for a king.
Structure is based on 30) Equal Shareholders of the holding company, Copal Holdings Ltd.
-Buy in price for a share position is $159,000USD
-Copal Holdings Ltd. will hold the first mortgage on the title to the following units: The penthouse unit plus 3) three bedroom condo units in the existing Copal Block A five-story building.
-The aggregate value of the aforementioned mortgages is $7,950,000USD
As Shareholders of Copal Holdings Ltd., each Member of the Copal Developers Club will be a benefactor of all of the following:
1) 1/30th share of the rental income generated by the 4) participating units listed above, subject to offsets based on item#2 below.
2) The option to use the units themselves (up to three weeks per year in a 3BR condo and one week per year in the Penthouse unit)
3) Appreciation of the base value ($7,950,000USD) of the real estate.
3RD Floor Oceanfront 3BR Suite
Our fully appointed and tastefully decorated three bedroom units include ensuite baths and walk-in closets in addition to a full kitchen and spacious living and dining space along with a giant outdoor terrace providing panoramic views of the Caribbean Sea.