| Paradise Estates, Dededo, Guam |
WELCOME TO PARADISE! Now is your chance to live in Guam’s newest, most affordable, and best value community, Paradise Estates. Whether you’re looking for a good place to raise your family, or one of Guam’s best investment opportunities, Paradise Estates offers both! Timing is everything when it comes to real estate, and now is the time! The Paradise Family extends a warm “Hafa Adai” and invites you to get your own piece of Paradise.
Why Should I buy Paradise? As an owner occupant, Paradise provides a safe, secure, and centrally located environment for the family. Many owners say “it’s just like the states”. As an investor, Paradise provides the opportunity for positive cash flow and sound rates of return based on the military rental market. This market should remain strong and continue to grow with the anticipated relocation of 8,000 US Marines, their dependents, and support personnel from Okinawa, Japan in 2014. Take advantage of this window of opportunity…prices remain at Phase III levels, interest rates remain at or near historical lows, and lenders are offering different loan programs for first time buyers, investors, and military personnel (VA).
Map To Paradise Estates
Aerial Subdivision Map
PHASE III…DEVELOPER CLOSES OUT REMAINING HOMES Almost three years ago, Paradise was “just around the corner”. Today, it is an on-going reality at Paradise Estates, meeting the housing needs of Guam’s growing real estate market. Owners and investors alike have found Paradise Estates to be a great place to live as well as a sound real estate investment opportunity. As the anticipated military build-up on Guam intensifies over the coming years, the demand for quality housing will increase, driving values and prices upward. Now is the time to take advantage of this window of opportunity. The last few homes in Phase III are nearly complete with occupancy scheduled for the end of December 2009. Owners are now busy with landscaping and home improvement projects to create their own “personal touches” to each new home. Phase III consists of 94 homes, all of which contain four bedrooms, three baths, 1,850 square feet of living area, and a two car garage. The selling price for Phase III was $295,000.00. That brings the total to 279 homes that have been built and sold since the inception of the subdivision several years ago. If you missed out on this great opportunity, you have one chance left…..Phase IV is currently being marketed and the developer has not increased prices. You can still own a four bedroom, three bath Paradise home for only $295,000.00.
PHASE IV…BUY YOUR NEW HOME NOW Phase IV, consisting of 104 homes, is currently being marketed for sale. Construction on this final phase is scheduled to commence in February, 2010, with an estimated completion date for the entire phase being the first quarter of 2011. All homes in Phase IV will also consist of four bedrooms, three baths, and approximately 1,850 square feet of living area with a 400 square foot garage. The selling price for Phase IV homes will start at the Phase III Prices (depending on the size of the lot)…..$295,000.00! Please click here to see what homes are currently available in Phase IV. (Please note that the only homes that are available for sale are within the blue border.)
FINANCING Paradise Estates is a turn-key project, meaning the buyer does not need to obtain a construction loan. Rather, they only need to get pre-approved from First Hawaiian Bank within 10 days of acceptance of their purchase agreement, and then they may close with any lender of their choice within ten (10) days after the filing of the Notice of Completion on their specific home. It’s as simple as that! The following financial institutions have already made loans on Paradise homes: First Hawaiian Bank, Bank of Hawaii, BankPacific, Citibank, ANZ Citizen’s Security Bank, Bank of Guam, Government of Guam Federal Employee Credit Union, and Community First Federal Credit Union.
COVENANTS, CONDITIONS, AND RESTRICTIONS (CCR’S)
The community is governed by a Home Owners Association which is supported by comprehensive Covenants, Conditions, and Restrictions (CCR’s). The monthly HOA fee is currently $25.00 and covers the cost of maintaining streetlights, 24-hour roaming security, common area maintenance, and management. SAMPLE PURCHASE AGREEMENT If you are interest in purchasing a Paradise Estates home, please click here to see a sample purchase agreement. If you have any questions, Call Chris Murphy @ 1-671-488-7371 or email him at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . PARADISE ESTATES VIDEOS
Virtual Tour of a model home
A homeowner's dream
A renter's paradise
A rock solid investment
Original Model Home Pics
General Pics
Phase IV
The Real Estate Professionals Cell: +1 (671) 488-7371 Office phone: +1 (671) 647-7371 865 S. Marine Corps Drive, Tamuning, Guam, 96910
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