Dear Friends,

The wonderful people for whom we manage property are invested in Monterey Peninsula real estate for a number of reasons. Many of them plan to occupy their properties one day as a retirement home. Some previously occupied their Monterey Bay homes, but became accidental landlords when jobs took them to other parts of the world. Still others, after much study and calculation, invested because the investment potential of the Monterey Bay is matched by very few geographical areas.

Perhaps you have thought about investing in a piece of real estate in the Monterey area. If so, you may want to know about a project in which Monterey Bay Property Management is involved. We have recently joined the Vista Del Mar condominium project as their property management affiliate. Vista Del Mar is the newest condominium conversion project in the Monterey area.

This is one of the most affordable investments available today in the Monterey market. The Vista Del Mar developers have allowed Monterey Bay Property Management to extend to our customers their pre-opening incentive pricing and are including a complete appliance package (including washer & dryers). Buyers will find prices in the low three hundred thousands for the studio suites to the upper six hundred thousand dollar range for the two-bedroom model. Here is a chart showing what we feel the market rent for these residences will be.

The interior features of your future vacation home include maple kitchen cabinets with granite counters, vaulted natural wood beam ceilings, floor-to-ceiling tiled bath surrounds, and designer fixtures and accessories. The exterior features lush landscaping, private yards, terraces or balconies, dual pane windows, covered parking, and additional storage. A number of Ocean & Bay and Peninsula View units are available. You can find more details about the Vista Del Mar project by clicking here and visiting our website.

If you would like to consider a purchase of a Vista Del Mar condominium, please contact your property manager here at Monterey Bay Property Management, to arrange to view the project.

Yours truly,

Jan Leasure
and the management team at Monterey Bay Property Management
jan@montereyrentals.com


Monterey Bay Property Management
816 Wave Street, Monterey, California 93940
Telephone: 831-655-7840
FAX: 831-655-7845
www.montereyrentals.com