The Grove Resort & Water Park is off at a great start this year. We have seen an uptick in sales of our luxury condo residences and a dramatic increase in hotel guests, often driving the hotel to full occupancy. The Grove’s success has allowed us to offer new owners a 10 percent developer leaseback on the condos participating in our hotel program, which is professionally operated and staffed by world-class Benchmark Resorts & Hotels®.
This year, as with previous years, the availability of financing for vacation homes continues to be an important factor for domestic and foreign buyers. Many of our lending partners require just 30% down, meaning buyers can own a property at The Grove for approximately $100,000 out-of-pocket, which is tremendous value. This program has been particularly helpful to buyers from countries whose currency has depreciated against the dollar in recent years. To many of them, securing a US loan has become more cost effective than converting their country’s currency to US dollars.
Our team of professionals are looking forward to helping buyers find solutions to become owners at The Grove. We are also eager to further strengthen our relationship with third-party brokers who trust us with their clients.
We invite you to come and stay with us. If you come to The Grove and purchase a vacation home, we will take care of your travel expenses.
Dominic Pickering Director of Sales, The Grove Resort & Water Park