LEASE TO OWN
Why Rent When You Can Buy?
“The Lease to Own concept thrives in a recession and will continue to thrive regardless of the economic conditions because it makes just too much sense!” says Kim Gillett, Sales Manager HAB Group. Our Lease to Own is a force in real estate because it provides both the opportunity and the time for aspiring business people to arrange financing while running their business from “The Heart of Providenciales”.
HAB Group is currently the only company on Providenciales that offers commercial “Lease to Own”. This is one of the easiest and the least expensive ways to invest in real estate, and is available on all second floor units at The Regent Village. It has powerful features and benefits:-
EXAMPLE OF LEASE TO OWN
500 SF unit – Purchase Price $175,000
OWNERSHIP OPTION AT YEAR 1
Rental Year 1 @ $35/SF = $17,500
30% lease monies deducted - new price $169,750
OWNERSHIP OPTION AT YEAR 2
Rental Year 1 @ $35/SF = $17,500
Rental Year 2 @ $36.25/SF = $18,125
25% lease monies deducted - new price $166,094
OWNERSHIP OPTION AT YEAR 3
Rental Year 1 @ $35/SF = $17,500
Rental Year 2 @ $36.25/SF = $18,125
Rental Year 3 @ $37.50/SF = $18,750
25% lease monies deducted - new price $161,406
Utilities and all other incidental costs are the responsibility of the tenant
HAB provides a win-win solution. We want to help you make your business grow.
Contact us today so we can make your dreams a reality.
649-941-4400 or 649-232-7770 or sales@theregentvillage.com
HAB Group is currently the only company on Providenciales that offers commercial “Lease to Own”. This is one of the easiest and the least expensive ways to invest in real estate, and is available on all second floor units at The Regent Village. It has powerful features and benefits:-
- Real Estate Ownership …. Just as you dreamed, TODAY
- Our RISK FREE scheme allows you to lease a unit with three ownership options to purchase at the end of year 1, 2, or 3
- Peace of Mind - YOU decide to exercise the ownership option when the time is right for YOU and your business
- You are never out of pocket – Conventional Purchases means a 10% deposit. With Lease to Own you are only paying rent with a proportion of your rent going towards the purchase price
- Appreciation of Property – since the sales price is locked in at signing, any increase in property value will mean that your equity is increasing
- No Lengthy Mortgage Approvals – you can start your business immediately giving yourself time to plan your future
- Strata and Buildings Insurance fees will be the responsibility of Regent Ltd. for the 3 year term or until ownership option is exercised
EXAMPLE OF LEASE TO OWN
500 SF unit – Purchase Price $175,000
OWNERSHIP OPTION AT YEAR 1
Rental Year 1 @ $35/SF = $17,500
30% lease monies deducted - new price $169,750
OWNERSHIP OPTION AT YEAR 2
Rental Year 1 @ $35/SF = $17,500
Rental Year 2 @ $36.25/SF = $18,125
25% lease monies deducted - new price $166,094
OWNERSHIP OPTION AT YEAR 3
Rental Year 1 @ $35/SF = $17,500
Rental Year 2 @ $36.25/SF = $18,125
Rental Year 3 @ $37.50/SF = $18,750
25% lease monies deducted - new price $161,406
Utilities and all other incidental costs are the responsibility of the tenant
HAB provides a win-win solution. We want to help you make your business grow.
Contact us today so we can make your dreams a reality.
649-941-4400 or 649-232-7770 or sales@theregentvillage.com
To see pricing and availability, click here
Developing Providenciales since 1983
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