Lake Buena Vista Resort & Spa
Lake Buena Vista Resort Village & Spa is Orlando's award-winning condo-hotel with premier facilities, services and amenities, Ideally located in the heart of the World's # 1 Tourist Destination, this luxury resort is only 1.5 miles from the Walt Disney World® resort, close to Sea World® and Universal Orlando® Resort, and only minutes from Orlando International Airport. In fact, it has the distinction of being considered a Walt Disney World® Resort Good Neighbor Hotel, also being recognized by Trip Advisor as their Traveler's Choice Award Winner for Families every year since 2012.
With the proven performance of this resort, the developer is currently offering a Fixed Performance Program providing a 7% Return for 2 years (only pay for your Real Estate Taxes) including 2 weeks personal use per year (no blackout dates).
Choose from 2, 3 or 4-Bedroom Condo style residences with full kitchens. Each of the residences include a dining area, living room with large screen television and a private balcony, offering space to relax. Each residence ranges in size from 1080 to over 2,100 Sq.Ft., much larger than your average hotel accommodations.
The ‘Pirates Plunge’ resort pool is a huge pirates ship in an acquatic playground, which is very popular with the younger guests, while for adults there's a 24-hour fitness center along with a full-service Reflections spa. Concierge services are available to help plan your itinerary along with priority access to theme park tickets.
A SELECTION OF RESIDENCES
RESIDENCE MODEL IMAGES
- 9,000-square-foot Reflections Spa-Salon
- 5,000-square-foot Frankie Farrell’s Irish Pub & Grille
- Pizza Hut Café Express
- 25,000-square-foot Pirate’s Plunge Aquatic Center
- State-of-the-Art Fitness Center
- Children’s Play Area
- Jogging Path
- Convenience Store and Gift Shop
- Adjacent to a 50-Store Designer Outlet Mall
Unit owners have the option of placing their condo in the resort’s rental and management program and receiving two-thirds of any rental income. An estimated 300,000 renters visit the resort each year. Resort management provides Security; Reservations, Marketing, Check-In and Check-Out Services; Housekeeping and Maintenance; Financial Duties on behalf of unit owners; Collection and Distribution of Home Owners Association Expenses and Maintenance of Common Areas such as the Pools, Fitness Center and Grounds.
The LBVRV&S leadership team brings a combined 100 years of development and management experience to the resort property. The construction contractor is Welbro Building Corporation, a dominant force in the hotel/hospitality market with a portfolio of more than 35,000 rooms. The on-site rental management company is Sky Resort Management, an industry leader with more than 70 combined years of experience in hotel, resort and condominium hotel management.
In recent years, the management has seen rates and occupancy levels rise, with occupancy levels of above 80% for the past 7 years. Currently in 2017, the resorts occupancy level is tracking at 91%, one of the best in the industry in the world's most competitive location.
With regards to Real Estate options, for a limited time the Resort Developers are offering clients two options when you purchase a Condo-Hotel unit from the limited developer owned inventory at this award-winning Resort;
Seller Financing - Pay 30% down and enjoy 5% interest for 5 years (amortized for 30 years) and no points, no pre-payment penalty.
Lease Back - If you prefer a certain return, you may lease the condo back to the Developer and enjoy a 7% Return for 2 years (only pay for your Real Estate Taxes) in addition to the use of your condo for up to 2 weeks per year (no blackout dates).
homeowners association fees
- 2 Bed / 2 Bath - $452.34-$525.57 per month (dependent upon building location)
- 3 Bed / 2 Bath - $525.85 - $610.44 per month (dependent upon building location)
- 4 Bed / 4 Bath - $914.00 - $1061.97 per month (dependent upon building location)
- Basic Cable / Telephone / Internet
- Access To All Recreational Facilities
- Resort Style Pool
- All Exterior & Communal Landscaping
- All Insurance Exterior and Interior (includes Liability & Contents)
- Escrow Reserves Fund
- $5,000 at reservation
- Mortgage - remainder of a 30% deposit is required at closing (typically within 45-55 days)
- Cash - final balance due at closing (typically within 30 days)
As far as legal fees, when purchasing units by cash, associated closing costs will total approximately 3.5% of the purchase price, which will include all title fees, administrative and recording fees, as well as insurance on the unit for the initial year.
All units carry a 5% Gross Commission payable to our Refer50 Partners against the purchase price of the units sold, minus any contributions made to the buyer on behalf of the partnership. Full commission payment is received at closing will be payable to our Refer50 Partner within 10 business days of commission being received by Global Real Estate Services, as per Refer50 Partner Program.
refer a client
Disclaimer: All information deemed reliable but should not be relied upon. All information should be verified before entering into any contract that is legally binding. Pricing and availability are subject to change without notice.