Chichen
The Chichen design offers an elegant living style arranged on one floor. The accommodation comprises of four spacious en suite bedrooms with the option of one room being used as a home office.
Chichen also offers a reading room away from the family living areas. A fully fitted kitchen, laundry room and utility area directly accessing the two vehicle garage completes the internal specification with externally a pool, deck and terrace to the rear, off the living room.
To download the full brochure for Chichen, click here.
House Design Options
Option 1 Front
Option 1 Rear
Option 2 Front
Option 3 Front
Fittings and Furniture
 Kitchen
- Granite tops
- Cedar cupboards
- Tile floors
- Stainless steel sinks
- Quality white goods
 Bedrooms
- Four bedrooms all with en suite bathrooms
- Optional Study / Home Office
- Air conditioning units in all bedrooms; other rooms optional
 Bathrooms
- Tiled floors and half height tiled walls (full height wall tiling optional)
- Walk in showers
 Garage
- Power supply for buggy recharging
- 2 car garage with automated doors
- Covered walkway into house
 Swimming Pools
- 9ft 10in wide by 19ft 8in long and 1ft entry and 5ft deep end
- 3m wide by 6m long and max 1.5m deep end
- Water filtration system included
Floor Plans
Download the Chichen Floor Plans by clicking here for the color plan and here for the black and white plan.
 Dimensions
Living Area:
|
2,450 sq ft |
227.65 sq m |
Covered Area:
|
3,442 sq ft |
317.93 sq m |
Width:
|
69.95 ft |
21.32 m |
| Depth: |
46.98 ft |
14.32 m |
The total area of the house construction includes a stamped driveway
to the house and garage, basic landscaping and a stamped patio area.
Fits onto available plot sizes:
21,527 sq ft, approx ½ Acre, (2,000 sq m)
Your house would fit on a selected plot like this scale shows you. It can
be positioned anywhere you require within the plot to maximise your
entrance, side or rear garden aspects to suit your exact specifications.
"At Flamingo Lakes Resort, we will do everything possible to provide a home that fulfils your life style choice requirements in every way."
Pricing and Other Costs
PRICING - Correct as of April 2nd 2008
Based on a current plot price per sq ft = $10.54 or $98 per sq m combined with a construction cost price per sq ft = $94.70 sq ft or $880 per sq m.
NB: The construction cost is based on the covered area of the house.
Plot price 21,527 sq ft, Half Acre (2,000 sq m) = $196,000
Chichen construction cost based on 3,510 sq ft (326.26 sq m) = $287,108
Thus on a plot, the Chichen will cost:
21,527 sq ft (2000 sq m) = $483,108
RESORT MEMBERSHIP
Flamingo Lakes Country Club Membership is mandatory at an initial fee of $12,000 with subsequent annual fees which we can confirm have been initially set at $3,000. This initial fee is not due until the golf course is playable. Please check the website for updated development schedules. This is a Flamingo Lakes Country Club membership fee which provides you with access to all Flamingo Lakes facilities for yourself, spouse and immediate family. It covers green fees, tennis court fees, gym usage, use of Flamingo Lakes bicycles, the boat fleet and even horses at the Equestrian Center. Direct payment for instruction, coaching or a boat skipper will be applicable should this be required.
The one time Country Club membership fee can be added to the mortgage if required, but we need to know this in advance to prepare the paperwork accordingly. It is also worth noting that the Flamingo Lakes Country Club Membership stays with your house or condo and it is transferable upon re-sale.
RESORT MAINTENANCE
Resort maintenance and up keep fees per house hold will initially be set at around $1,500 per annum. A Members Forum / committee made up from residents will have the responsibility for setting such fees in the future and appointing contractors to maintain the resort’s standards.
We want our customers to have a trouble free purchase / investment process, so you don’t have any hidden charges and last minute financial surprises.
We pride ourselves in being as open and clear as possible in all our dealings with our customers from the very outset, as shown in this house specific document. If you have any questions please do not hesitate to ask our sales executives who will endeavour to give you a full written documented reply.
LEGAL & PROCESSING COSTS
We have researched the likely costs involved with purchasing a property at Flamingo Lakes and these itemised on a Fact Sheet which is also available
on the website.
In relation to the purchase of a 21,527 sq ft (2000 sq m) plot with it is advised to budget 4.1% to 4.3% of the recorded value to cover these full.
THE RECORDED VALUE
This is what will be registered when your purchase is processed, covering land and house valuation and sets the benchmark for any future capital gains.
OWNERSHIP (The Fideicomiso Trust)
Under Mexican law foreigners cannot own property close to the coast. To circumvent this, ownership of the property is vested in a Trust or Fideicomiso which is administered by a bank on behalf of the beneficiary (the owner). The beneficiary has all the full rights of ownership including selling, letting or bequeathing the property.
Mortgages are available for all nationalities from a wide variety of sources.
How to Buy in Mexico
FINANCING & PAYMENT
Plot and House - Staged Payments
The initial reservation fee is US$3000 - this is refundable less 10% towards admin costs which include:
- Mortgage application as maybe required
- Removal from market notices and plot finder registration
25% deposit within 21 days with a signed contract less the initial $3,000 deposit
25% upon commencement of construction
25% when building is watertight ie. When roof, windows and lockable doors are fully installed
25% final balance payable on completion of home and keys are handed over, less reservation deposit
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