Letter of Intent – Costa Azul

Letter of Intent – Costa Azul


Personal information

T1. Purpose of the LOI

This LOI confirms the Buyer's intention to purchase a residential unit in the Costa Azul Suites project naer Klein Bonaire, Bonaire, under the terms and conditions described below. The LOI serves as the basis for drafting the final purchase agreement.

2. Project Description

Costa Azul Suites is an exclusive collection of boutique residences, centrally located in Naer by Klein Bonaire. The project combines luxury island living with attractive rental returns through mandatory participation in the professional rental pool program.


Key Features:

Location: Near Klein Bonaire

Amenities: Swimming pool, Wi-Fi, BBQ area, Moderne kitchen, Privatie patio, Private parking, Fitness center, Cafe, Terrace, Solarium, Living space.

Costa Azul offers not just a Home ,but a way of living immersed in this natural harmony


Financial Structure

Phase 1 – Immediately Available (Move-In Ready)

Upfront payment of purchase price + 8% ABB tax + buyer's costs


Rental Pool Program

Participation in Costa Azul professionally managed rental program is mandatory.

Aqua Viva provides management, marketing, and guest services.

The buyer receives passive rental income pro rata to their participation.


Terms & Conditions

This LOI is non-bding and intended as a declaration of intent.


The final purchase will be recorded in a formal purchase agreement.



Buyer Type 


Unit Selection 

Note: All prices include 8% ABB, excluding notary fees (payable by the buyer).


Due Diligence

Due Diligence and Agreement Timeline

Upon successful review, a binding Sale and Purchase Agreement (SPA) shall be negotiated and signed. A deposit and payment schedule shall be outlined in the final SPA. 


Exclusivity

During this period, the Buyer has priority to finalize the transaction for the selected unit(s).

Closing


This Letter of Intent is non-binding and intended only to outline the basic terms of understanding. It shall not constitute a legally enforceable obligation until a formal Sale and Purchase Agreement has been executed by both parties.


I look forward to your confirmation and cooperation in moving this exciting project forward.


Sincerely,