We are pleased to inform you that the lots available for sale in Port Charlotte are exclusively owned by our company, guaranteeing complete security for your investment. Each parcel has undergone an exhaustive title analysis and clearance process, conducted by specialized attorneys, ensuring maximum transparency and legality. Furthermore, all our lots are backed by title insurance, providing an additional layer of protection for our buyers.
The transaction is conducted directly with South Group, without the intervention of intermediaries, facilitating a more efficient and personalized process.
Residential lots in Port Charlotte average 10,000 square feet, equivalent to approximately 930 square meters. Each lot is individually detailed in its respective technical sheet.
To ensure the integrity and security of each transaction, we work closely with Cape Coral Title Company, which acts as escrow agent in all our transactions. This approach ensures a clear, reliable, and professional purchasing process for all our clients.
Once your $1,000 deposit has been formalized, the next step is the signing of a digital contract between the parties indicating their commitment. This contract includes the value of the property, including the deposit, which will be deposited into South Group Miami accounts. (CitiBank Miami)
If the client chooses to register an LLC in the United States, the deposit must be $2,500, which will be deducted from the price.
Once the company is registered, the formalization process begins at the securities brokerage firm. The previously signed contract is submitted to the securities brokerage firm along with the information on the newly registered company, if applicable.
The title agency will send you the documentation in English for your review to generate the total deposit for the value of the house, minus the reserve value.
The money from the cash purchase transaction can only be sent to the Cape Coral Title Company Escrow Account. This money will be held in custody until the house is properly registered with the county court judge in your name.
Once the property is registered in your name, your only subsequent obligation is to promptly pay the annual taxes due on your home, which amount to approximately $100 per year based on the assessed value. (Only once a year.)
Once your $1,000 deposit has been formalized, the next step is the signing of a digital contract between the parties indicating their commitment. This contract includes the value of the property, including the deposit, which will be deposited into South Group Miami accounts. (CitiBank Miami)
If the client chooses to register an LLC in the United States, the deposit must be US$2,500, which will be deducted from the price, plus the US$900 fee for the LLC in the United States.
A digital contract is then signed between the parties indicating their commitment, which includes the value of the property, including the reservation payment, price balance, installments, annual interest, and lot characteristics.
Both the initial value and the installments are transferred directly to South Group’s Miami account via credit card payment through Citibank’s secure payment system.
The previously signed contract is submitted to the securities brokerage firm with the information of the newly registered company, if applicable.
The house is registered as a secure open mortgage at the title deed office with instructions according to a previously signed digital contract.
The final legal document is issued by the securities brokerage firm for signature by both parties, which will guarantee full compliance with the agreed-upon commitment.
Once the property’s open mortgage is formalized, along with depositing your monthly payment, your only additional obligation is to promptly pay the corresponding annual taxes on your home, which range from $65 to $500 annually depending on the assessed value. (Only once a year.)