Castillos del mar, Suite Lot 87
Castillos del Mar
- Type: Lots and Land
- Style: Lot / Land
- Development Level: Land Only
Great location, excellent price.
Lot for sale in Castillos del Mar, an Oceanfront gated community.
Lot #87 has 316 M2, the adjacent lot is also for sale, you can purchase both or only one.
The price for lot #87 is $27,000 USD; You can build a single story house on this lot.
Castillos offers security guard on duty 24/7, a nice and quiet landscaped green park and access to a sandy beach (Paved oceanfront stairs access) just a few yards from the lots.
It's located only 5 minutes from Down Town Rosarito.
Title is a Club Membership with 52 years left.
Castillos del Mar was established over 40 years ago as a Club. The owner of this land allowed signed members through a private contract the use of a portion of this property divided by lot numbers. The original contracts for the membership were written for 100 years. There are over 50 years remaining on these contracts.
While being a member of this club (signing a contract of purchase of such membership) you get the right of utilizing the improvements on the piece of land assigned by contract (a home). There aren't any lease payments due monthly or yearly to the landowners. There is a 6% transfer fee at the time of the sale of a membership, and a 6% fee on the price of construction when one adds living space to the existing home or a new lot.
HOA fees for vacant lots in Castillos del Mar is a $100 dlls a yearly fee. Once a home is built, the HOA fee is $130 dlls a month.
Information is deemed to be correct but not guaranteed.