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Thread: Advice on Purchasing a villa

  1. #11
    Florida Newbie
    Join Date
    Jun 2003
    Posts
    8
    Hi All,
    We are coming over in July and are thinking of buying a property.
    Can anyone give me their comments on the developments at:
    Calabay Park,Hampton Lakes,Tuccan Ridge,and The Reserves at Town Centre.
    Are their any we should be wary of?
    What are best for short term rental etc.?


  2. #12
    Super Moderator Carla's Avatar
    Join Date
    Feb 2002
    Posts
    10,102
    Hi Dodge

    Calabay, Hampton and Tuscan all seem to rent out very well and I know of a number of happy owners.

    The Reserve is not far from my own development (a small part backs onto Thousand Oaks) and seems to have quite small homes in comparison to the other developments that you mentioned - nearly all with single garages etc. Don't yet know of anyone renting on the Reserve, so it is hard to say how well they will rent out. D R Horton is the builder and they have a website www.drhorton.com

    Have just checked and they do seem smaller than most homes on the market with a 5 bed 3 bath at just 1768 sq.ft. with a single garage for US$206,900 base price. Seems very pricey for a home that is smaller than a lot of 4 bed homes.

    Keep meaning to go round and take a look, but time always runs out for me when I'm in Florida. If you go there yourself please let me know what they are like!
    Carla


  3. #13
    Florida Newbie
    Join Date
    Jun 2003
    Posts
    43
    Hi Dodge

    Tuscan Ridge is now sold out, shame as they are fabulous homes on large plots ( I bought 2 x 5 beds for myself there) and the builder has nothing more in the pipeline for another year at least, Hampton Lakes is also down to a handful of homes left, Calabay Parc has approx 80 lots left and they are one of only a few remaining builders still including the furniture packages which is nice quality. One thing I noticed while there a couple of weeks agao is that there are fewer new homes available and the prices have shot up as well as most removing the furniture, the prices for re-sales have also risen. Town Centre homes are in my personal opinion a gaudy mixture of bright carribean colours with horrendous mulitcoloured furniture homes all the same with no individuality and pricey for what they are.

    If you would like any further info with no obligation from myself as a homeowner and realtor then please feel free to contact me anytime.

    Good luck with your purchase
    Karen
    www.villasflorida.com/villas/1384.aspx
    www.villasflorida.com/villas/1383.aspx


  4. #14
    Gold 5 Star Member
    Join Date
    Feb 2002
    Posts
    7,007
    On the subject on retiring out there, no can do as things are at present. If you can find someone to sponsor you for a job or have a business large enough to transfer you out, yes, as you will eventually get a green card. On a business visa such as the one I just got, no, the business must keep trading even if you have to put a manager in.
    We are taking a 17 year old with us on E2. This is what we were told.
    He will be able to stay until 21 years. If he is still in full time education, he can stay until he finishes college. He is dropping back a year, so will be 23 before he finishes all that. If he graduates and gets a graduate position, he will be able to stay on a H1B, eventually get a green card and sponsor us for one at some future stage. If he does not do well enough to go to college, our option is to buy him a small business so he gets his own E2. We have vacation villas we could sell to fund that as a back uo plan if it became necessary. I have also heard that legislation is afoot that will mean that the children of E2 holders who have completed 5 years in education will be able to stay in the US irrespective as the present position is seen as inequitable, however am not replying on that as there is a chance it may not go through as the retirees visa did not.
    Julie


  5. #15
    Gold 5 Star Member
    Join Date
    May 2003
    Posts
    7,668
    Is that both sides of Tuscan Ridge......even the village.....?
    We knew the min we walked into the villa there....that was the place....a lot of home for little money...or what seems a little after living round here.....lol...!
    I loved not having to spend days looking into 'extras'.....everything was in the price....it took 2 hours and only $1400 to get the house just how we wanted it.....the other house we looked at was going to take days of looking at door handles and stuff....and around $20.000 of extras.....
    I think the 4 beds 3 baths with pool had a start price of a hundred and eighty-one thousand.....we had the end lot so we could add our own pool whenever or if ever.....seeing as we're not renting.....
    its so much cheaper that way......


  6. #16
    Gold 5 Star Member
    Join Date
    May 2003
    Posts
    7,668

    We paid $155.000.....for 2207 living space....and 2721 under roof..... double garage etc....it would of been around $24.000+ more for the pool...


  7. #17
    Gold 5 Star Member
    Join Date
    May 2003
    Posts
    7,668
    It would be very hard for him not to pass exams for a degree in the States if he's spent most of his time in an English school....he should walk it......my son has learning problems mostly spelling....but he's still way ahead of his class mates here.......because hes already learnt most of what they are teaching him in high school..back in England in JR school....a second lauguage is a must to get in most colleges I've been told....but that may just be in Mass.....but spainish is a very useful one to learn anyway..a must have in some parts of the USA anyway.....


  8. #18
    Florida Savvy
    Join Date
    Apr 2003
    Posts
    188
    Dodge

    We have recently bought on Calabay Parc. We loved the quality of the build, the excellent furniture package and the peaceful location - no noise from the nearby US 27 that you may experience on some of the other sites.

    Since advertising on the net, we've been receiving loads of enquiries even though it's not built yet.

    So far we have no complaints about our choice of community.

    Good luck

    Timmy
    http://www.villasflorida.com/villas/899.aspx


  9. #19
    Florida Newbie
    Join Date
    Jun 2003
    Posts
    8
    quote:Originally posted by Carla

    Hi Dodge

    Calabay, Hampton and Tuscan all seem to rent out very well and I know of a number of happy owners.

    The Reserve is not far from my own development (a small part backs onto Thousand Oaks) and seems to have quite small homes in comparison to the other developments that you mentioned - nearly all with single garages etc. Don't yet know of anyone renting on the Reserve, so it is hard to say how well they will rent out. D R Horton is the builder and they have a website www.drhorton.com

    Have just checked and they do seem smaller than most homes on the market with a 5 bed 3 bath at just 1768 sq.ft. with a single garage for US$206,900 base price. Seems very pricey for a home that is smaller than a lot of 4 bed homes.

    Keep meaning to go round and take a look, but time always runs out for me when I'm in Florida. If you go there yourself please let me know what they are like!


  10. #20
    Florida Newbie
    Join Date
    Jun 2003
    Posts
    8
    Hi Karen,
    Thanks for the info I must say that Calabay park was our prefered development anyway.
    quote:Originally posted by Karen E

    Hi Dodge

    Tuscan Ridge is now sold out, shame as they are fabulous homes on large plots ( I bought 2 x 5 beds for myself there) and the builder has nothing more in the pipeline for another year at least, Hampton Lakes is also down to a handful of homes left, Calabay Parc has approx 80 lots left and they are one of only a few remaining builders still including the furniture packages which is nice quality. One thing I noticed while there a couple of weeks agao is that there are fewer new homes available and the prices have shot up as well as most removing the furniture, the prices for re-sales have also risen. Town Centre homes are in my personal opinion a gaudy mixture of bright carribean colours with horrendous mulitcoloured furniture homes all the same with no individuality and pricey for what they are.

    If you would like any further info with no obligation from myself as a homeowner and realtor then please feel free to contact me anytime.

    Good luck with your purchase


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