Owning a condo at Lol Ka’naab allows you to enjoy the stunning Half Moon Bay, a vibrant coral reef, and all the comforts of a close-knit community. Each condo is uniquely designed, providing a personal and intimate living experience.
Purchasing a condo at Lol Ka’naab is straightforward and transparent. Here’s an overview what you need to know:
Share Structure
- Ownership Structure: At Lol Ka’naab, owning a condo means holding shares in Lol Ka’naab Corporation, a Texas-based corporation. Each condo unit corresponds to a specific number of shares in the corporation.
- Exclusive Rights: Ownership of shares entitles you to the exclusive use and benefit of your condo unit, as well as non-exclusive rights to use common areas and facilities, such as the swimming pool, gardens, parking areas, and other shared amenities.
- Common Areas: Owners have an undivided interest in the common areas, which include a separate building housing a rental office, a manager’s apartment, laundry facilities, stairwells, and halls, parking areas, plumbing networks, electrical wiring, and the water storage tank.
Investment Benefits
- Rental Income Potential: Many owners choose to rent out their condos when not in use, providing an opportunity for rental income. The demand for vacation rentals in Akumal is strong due to its beautiful beaches and vibrant marine life.
- Lifestyle Benefits: Enjoy a relaxed lifestyle in a tropical paradise, with easy access to snorkeling, diving, local cuisine, and cultural attractions. Akumal offers a perfect blend of tranquility and adventure.