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The decision to move to a luxury retirement community should never cost you your nest egg, rather, it should strengthen and enhance it. That's why the developer of Sarasota Bay Club structured the sale of each residence as a condominium purchase, affording true ownership to the buyer. Here, there are no endowments and no hidden fees to worry about. Sarasota Bay Club residents have the unique opportunity to not only protect their investment, but also to profit from it. Just spend any time at Sarasota Bay Club - amongst its regal architecture, stunning bayfront campus, and elegant interior spaces - and you too will confirm that this magnificent address offers a solid investment choice, one that will only appreciate in value for many years to come. Acting as the resale agent for each property, Sarasota Bay Club offers buyers various ways to structure their initial purchase: #1. 90% GUARANTEED REFUND PLAN: This plan is designed for Residents who desire to receive their refund within a specified time and not upon the resale of their unit to a new purchaser. Additionally, under this plan, the Resident is not responsible for a brokerage fee or for closing costs directly related to the sale to the new purchaser. Said refund shall be repaid by the Developer 90 days after the Resident has vacated the unit. #2. PARTNER PLAN: Withing 30 days of the closing of the resale of the unit to a third party, Buyer shall receive (assuming Appreciation) 100% of the Base Purchase Price of the Unit PLUS 50% of the appreciation in the value of the Unit LESS refurbishment costs as well as closing costs and brokerage fees. And Sarasota Bay Club goes even further to provide buyers with uncompromising confidence in the purchase of their luxurious new condominium home with its exclusive Income Preservation Plan. The Income Preservation Plan* allows buyers to purchase their Sarasota Bay Club condominium at a reduced price in order to maintain their current investment income. In this program, the unit is purchased for 75 percent of the Base Purchase Price. Upon resale, the owner (or the owner's estate) would receive a fixed refund rather than receiving any future appreciation monies on the unit. This refund amount is based upon the length of time the resident has owned the unit, as follows:
* Please consult with an authorized Sarasota Bay Club Sales Representative for details on these purchase and resale plans.
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Pricing and Features Subject to Change Without Notice |
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