Nectar Tulum

Nectar Tulum

Luxury condo development that connects nature, vacation and art

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Security Type
Membership Units
Categories
Real Estate
Min Investment
$100
Location
Dover, DE
Offering Date
November 03, 2020
Expected Close Date
March 15, 2021
Target Raise
$300.00K-$1.07M
Deal Notes

Type: Condo

Investment profile: New development

Year built: 2021

Total capitalization: $1,070,000

Anticipated hold period: 3-4 years

Targeted IRR: 21.25%

Annual dividend: 9.5%

Company Description

Nectar Tulum is a 15-unit luxury condominium development located in the heart of Tulum, Mexico. 

The property was designed by EC Architects, a Mexico-based industrial architectural firm. They maintain a focus on each project's surroundings, thus achieving a balance between the spiritual and the material. Nectar Tulum was designed for visitors who wish to experience local culture and lifestyle in local style and while living amongst the locals.

Nectar Tulum is a luxury gated community, notable for its modern architectural design and high-quality finishes, set against the backdrop of the natural wonders of Tulum. Nectar Tulum feels magical, because living in Tulum is magical. It is the first development to integrate nature, vacation and art in the heart of the town of Tulum.

The property was acquired by the developer in 2018 and construction is approximately 80% complete. As of September 2020, seven of the units have been pre-sold for an average price of $210,000. The development is expected to be completed in Spring 2021.

Key Deal Facts

Brand new luxury condominium development in Tulum, Mexico.
Company is acquiring 4 two-bedroom units from the developer.
Discount of almost 20% to comparable properties.
Will be operated as a vacation rental property using AirBnB and VRBO.
Amenities include a rooftop garden, an infinity pool and concierge.
Investor perks to qualify for free nights at the property!

Management Team / Advisory Board Bios

Victor Rosales Aranda
Chief Executive Officer

Olga Aranda Salas
Chief Operating Officer

Ramses Villela
Crowdfunding Manager

Luisa Bravo
Biz Dev

Sandra Tapia
Project Manager

Deal Notes

Type: Condo

Investment profile: New development

Year built: 2021

Total capitalization: $1,070,000

Anticipated hold period: 3-4 years

Targeted IRR: 21.25%

Annual dividend: 9.5%

Amount Raised : $376,600
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Security Description

Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.

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