Sotavento Residences

by JBinCT, Wednesday, April 13, 2011, 15:43 (4096 days ago) @ Fran
edited by JBinCT, Wednesday, April 13, 2011, 15:49

Wow. At $3.60/sq ft (projected annual fee) your $10k figure is for a 2800 sq ft unit. Nothing but the best for Fran. Seriously, I am not aware there is a unit that large at the Sotavento so you might want to double check your figures. As to your question; for an average size 2 bedroom unit of 1400 sq ft do I think the HO dues could be more than $400/mo? Yes, given the amenity package I think HO dues could be more than projection. Even if not, inflation and/or dollar depreciation will certainly raise them in the future. The point I was making is build some cushion into your financial assumptions when buying. If you are maxed out day 1, you will probably not have a good ownership experience.


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