WELCOME TO EMERALD OCEANVIEW PARK CONDOMINIUM
A new jewel is on Guam’s horizon! Emerald Oceanview Park Condominium is a 280 unit planned residential community offering 128 three bedroom, two bath units; 124 four bedroom, two bath units; 8 penthouses; and 20 villas. The project will be located along the cliff line in Tamuning, Guam, providing spectacular ocean, coastline, and city views from every unit.

Emerald Oceanview Park Condominium will offer a wide range of amenities for those fortunate enough to share the unmatched lifestyle. Some of the benefits of living at Emerald Oceanview Park Condominium will include gated underground parking and storage; secured entry to all buildings; landscaped grounds; picnic areas; playgrounds for children; basketball court; tennis court; swimming pool; private fitness center with indoor driving range; and numerous walking trails.

IT ALL ABOUT LIFESTYLE….
If you are looking for a lifestyle previously unavailable on Guam, please click the presentations below for more details on the project.

Emerald Oceanview Park Investor Presentation

Watch the video to see more of the model units.

 http://www.youtube.com/watch?v=K67shJtDfpg

MODEL UNITS NOW AVAILABLE FOR YOUR INSPECTION
The developer of Emerald Oceanview Park Condominium has completed a three and four bedroom model unit, providing you with the opportunity to see the floor plan, fixtures, and finishing work that will be used in the project. These model units are located off-site along Marine Corps Drive in Tamuning.

If you are unable to visit the model units, please click the presentation below to see photos taken of the model units.

Emerald Oceanview Park Condominium - model units presentation

PRICING
Pricing for Emerald Oceanview Park Condominium starts in the mid $500,000’s for three bedroom, two bath units and the low $700,000’s for four bedroom, two bath units. Villas start at $1 million, with penthouses priced at $1.8 million. For a complete price listing for all units, please click below.

Price Matrix

RESERVATIONS
Pending approval of the Final Horizontal Property Regime, the developer is currently taking fully refundable deposits. These deposits will be interest bearing in favor of the buyer; will allow the buyer to select and reserve a specific unit; and will lock in prices at current published rates. Once the Final Horizontal Property Regime is approved, the developer will approach each prospective buyer to determine whether or not they want to proceed with the purchase. If so, the developer and buyer will enter into a formal purchase agreement. If not, the developer will refund the full reservation fee and all accrued interest to the buyer.
The Reservation Fee is $10,000.00 for three and four bedroom units and $20,000.00 for villas and penthouses.

Sample Reservation Agreement

FINANCING
The following financial institutions have expressed interest in financing buyers for Emerald Oceanview Park Condominiums: 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.
Typical loan to value ratios include the following: 100% under the Veteran’s Administration Guaranty Program (VA); 80% under conventional fixed rate and adjustable rate programs (in some cases up to 90% with Private Mortgage Insurance); and 75% for investors.

CONSTRUCTION
The project is scheduled for completion at the end of 2010. At this time, all four towers will be ready for occupancy. Here is the latest on the construction progress.

Additional construction pictures

OTHER DOCUMENTS
Preliminary HPR

CONTACT INFORMATION
The exclusive broker for Emerald Oceanview Park Condominium is The Real Estate Professionals. You can contact any agent at the showroom: 1-671-649-0800 or email us at chris@homerep.net

PICTURE GALLERY

Frank