The Heart of Grace Bay - Regent Town Homes

$US495.000 or $535.000

Enjoy living in the heart of the shopping area in Grace Bay and enjoy access to restaurants, fitness centres and major banks - not to say the night life in Providenciales.


This Classic Mediterrainean design is just right for the busy executive.

The Regent Village Townhomes are the newest and most exciting townhomes in Providenciales, and this five unit development of two and three bedroom apartments are finished to a very high standard.

2 bedrooms enjoy 1445 sq ft for $495.000

3 bedrooms are 1837 sq ft for $535.000

All units enjoy Kohler sanitary fixture, fully equipped kitchens with top of the line Fridgidaire stainless steel appliances, granite countertops, custom Italian cabinetry and 20 x 20 porcelain tiles.

Click on image to enlarge

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:-

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

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