Mountain Lakes Realty - New York and Vermont

Luxury 2 & 3 Bedroom Custom Built Homes with 5 Star Amenities
Priced from $215,000-$400,000

Don't let the Belfast name fool you. This 5 Star Lifestyle Resort is in the heart of Western New York's stunning mountain surroundings. Come see what the best has to offer.

Whether purchasing as a new primary residence, or for an investment property, this private exclusive resort offers an upscale lifestyle product second to none! Each home sold comes with a Membership to use all of the luxurious facilities on site as well as the service of the Resort's private coaches.

Offering a 2 year Rental Guarantee, as well as Foreign Investor and US Financing, this is much more than an ordinary property development.

Waterways Resort is a year round, SKI and GOLF resort that is currently making headlines in Up State New York for its exceptional use of area amenities. While New York residents are flocking to this gorgeous new development as a primary residence, investors too can avail of a superior product that will not only provide capitol appreciation but also an opportunity to take advantage of all the winter and summer playtime activities included FREE with their membership in the resort, including both East and West separate 18 Hole golf courses, 2 mountain ski resorts, equestrian, fishing and spa facilities to name but just a few.

Each property will come with a Membership for either the owner or their tenant to use all of the luxurious facilities on site.

During the Spring, Summer and Autumn months, the membership will include both golf courses on the site, fishing from the many lakes, ponds and river, horse riding & lessons, discount flying lessons, use of the luxury Spa Centre, tennis courts, as well as night time entertainment including a wonderful bar and all festivities at the convention centre. There will also be free transport for nights out to the nearby casino, coach tours to Niagara Falls, Toronto, Buffalo and surrounding wine country, and to many of the other cultural and historical tourist attractions dotting the area., and of course free pick up service to and from the airport.

During the Winter months, switch gear and you and your tenants can enjoy cross country skiing on the golf courses, the luxurious Spa Centre with indoor heated pool, more nighttime entertainment at the resort, and again pick up service to and from the airport. In addition, there is also free transportation and ski passes to the downhill skiing area at Swain (20 minutes away) and Ellicottville, home to the Holiday Valley ski resort, which is only 30 minutes away.

Winter or Summer, this is a full service, year round resort which offers fun and activities for all ages and entertainment desires!

In keeping with the Full Service Resort Style Living, full management of your property is included. Maintenance of the property is also included which will extend to the upkeep of the outside of your property, including grass and hedge cutting, street lighting, refuse collection, and internet services to name a few. All common areas will be maintained and serviced as well.

The scenery - breathtaking. The location - year round fun and enjoyment. The investment - Top Class.

Property features and membership amenities at a glance.


* 2 - 18-hole golf courses
* Free transport to Casino- 30 mins away
* Two ski resorts, 20 & 30 minutes away
* Free pick up service to and from airport
* All homes built along the golf courses
* Free drop off/pick up to ski resorts
* All homes custom built
* Free Spa Facility on site
* Free Pool - On site
* Site available for weddings/conventions & golf tournaments
* Free Tennis Court - On site
* Exterior property maintenance provided
* Bars - On site (Sorry, drinks not free!)
* Rental Management Company - In Place
* Free Fitness/Leisure Centre - On site
* Rental Guarantee for 2 years - In Place
* Water Sports - Close by
* Financing for US & Foreign Citizens

(All the above is on site and is included in the membership)

Prices and Sizes
Priced from $215,000 - $395,000, these gorgeous 2 and 3 bedroom custom built homes are from 945 - 1860 square feet.

Payment Stages for Purchase
Signing of Contract 15% of price of house
Start of Build 15% of price of house
When house is ready 70% of price of house*
* Financing for this amount is available.

Included with Maintenance of Unit:
Upkeep around your property grass and hedge cutting
Street lighting
Refuge collection
Free cable TV
All common areas maintained and serviced.

Investment: Guaranteed Rental Income
For the first 2 years, with a minimum of 6 weeks per year. The developer has teamed up with leisure and travel companies and can offer the owners a guaranteed rental of a minimum of $24,000 over two years for 12 weeks per year. Each additional week the unit is rented will provide an additional $1,000.00. The contract is for 6 weeks in winter months and 6 weeks all other times. The ski resort of Swain is only 20 minutes from the Waterways Resort and has very little accommodations. With the free shuttle service provided to Members, this makes Waterways Resort very attractive for rentals.

Payment Plan: Ease of entry into your new investment
Waterways Resort had devised a very straight forward and sensible payment plan for investors and owner occupants buying into the resort. A Pre-Build and booking deposit of 15% of the sales price is required up front. At the start of building your home a further 15% is put down and finally, upon completion, the final 70% is owed. This final amount may be financed, and we have also teamed up with a mortgage lender whose speciality is lending to foreign nationals looking to purchase into the US.

Mortgages:
Waterways Resort is proud to offer mortgages through Chase who will arrange 80% mortgages on behalf of their customers. A high guaranteed rental return, combined with a 80% LTV financed at a very good interest rate, makes this gorgeous new project a wise choice for any investor or owner occupant.

Loan	Description	Benefits
Single-close construction to permanent fixed rate	Guaranteed interest rate for 30 or 15 years.	Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent ARM	Interest rate is locked in for 1, 3, 5, 7, or 10 years; adjusts every year thereafter.	Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent interest-only — fixed (30 year)	Lock interest rate for 10 years with fully amortizing payment for rest of the term.	Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent interest-only — ARM	Loan initially requires the payment of interest only for the first 10 years. The following 20 years require a fully amortizing payment (principal and interest). The initial interest rate change will occur on the 3rd, 5th, 7th, or 10th year (based on the chosen ARM product) and will then adjust every year thereafter for the remainder of the loan, based on the movement of the index.	Single-close or single fund with modifications to permanent loans.

About the Developer:

The Sawyers Group is made up of various companies that trade individually. The directors of Sawyers have been in business for over 30 years and whose main business is property developments in various countries including Ireland, Bulgaria and the United States. Over the past two years, the focus has been on building developments that include a leisure complex and which offer a high quality home combined with an exclusive lifestyle.

About Prospect Bay Estate

The first release of five only premium homesites will be sold as ready to move into luxury homes built to take advantage of the breathtaking views over Lake Bomoseen, Vermont.

You will have a choice of two, three, or four bedroom homes ranging is size from 2600 square feet to over 4000 square feet.  Each home will be custom built using the latest in Green methods and materials and will range in price from $650,000 to $950,000.

The 9-hole "Prospect Bay" course at the Prospect Bay Country Club facility in Bomosee­n, Vermont features 2,505 yards from the longest tees for a par of 35. The course rating is 33 and it has a slope rating of 114.  Prospect Bay golf course opened in 1953.

Call us now to reserve a tee time for a homesite viewing and a complimentary round of golf.

Let's get together and talk about your home buying and/or selling plans. Call me at the office 800 998 6132 or on my cell phone 603 369 9756 or send me an e-mail info@mountainlakesrealty.info, we'll set-up a time that is easy and convenient for you to meet.

P.S. If you're not ready to meet in person, please tour through my website. I'm sure you'll find the resources here useful and helpful. Enjoy!