October 24, 2019

House Buyers to be Assisted with Deposits

first_imgAs part of the Government’s effort to enable more Jamaicans to own their homes, the Jamaica Mortgage Bank (JMB) will be assisting buyers with sourcing their deposits. This has been a major hurdle for many persons, Minister without Portfolio in the Ministry of Transport, Works and Housing, Dr. Hon. Morais Guy, explains. The JMB’s Home Deposit Financing Facility (HDFF) will make funds available to financial intermediaries, such as credit unions, for on lending to customers as a deposit loan. “The maximum amount which will be given will not exceed 15 per cent of the sale price of the property and the property being acquired should not exceed $15 million,” the Minister explained, as he addressed a Jamaica Chamber of Commerce quarterly parish chambers of commerce industry luncheon, at the St. Mary Civic Centre on May 18. Meanwhile, the Minister told the gathering of business persons that changes are being made to the Mortgage Insurance Act to increase the percentage of the appraised value of a property on which a mortgage loan facility is being granted, from 90 to 97 per cent. This will reduce the burden of high down-payment, which currently is between 10 and 15 per cent, and closing costs to approximately three to five per cent. “Essentially, the proposed amendment is aimed at making mortgages more affordable to homeowners,” the Minister informed.Contact: Alphea Saunderslast_img read more

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September 11, 2019

Roccos To Hold FamilyFriendly Christmas Event On December 15

first_imgWILMINGTON, MA — Rocco’s Restaurant (193 Main Street) is hosting Mrs. Claus this Saturday, December 15, 2018, from noon to 3pm.Join in some craft fun and pictures with Ms.Claus. Ms. Claus will then read a Christmas story to the children while one of Santa’s helpers serves the children hot chocolates and cookies. Before you leave, don’t forget to stop at the Santa Station and write a Letter to Santa and put it in the North Pole Mailbox.The cost of this event is FREE. Attendees are encouraged to bring an unused, unopened toy to donate to the local kids in need.(NOTE: The above information is from Rocco’s Facebook page.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Thank You To Our Sponsor:Share this:TwitterFacebookLike this:Like Loading… Related5 Things To Do In Wilmington On Saturday, December 15, 2018In “5 Things To Do Today”Santa Claus To Visit Wilmington Dunkin Donuts (Next To RMV) On December 15In “Business”12 Things You Need To Know In Wilmington Today (December 3)In “5 Things To Do Today”last_img read more

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August 19, 2019

Melia returns to essential destination of Costa Rica with Sol Tamarindo

first_img Tuesday, March 26, 2019 TORONTO — Melia Hotels International is bringing its Sol by Melia brand to Costa Rica, taking over the Tamarindo Diriá Beach Resort and renaming it Sol Tamarindo Hotel effective Aug. 1.The move marks Melia’s return to Costa Rica.With more than 370 properties around the world Melia Hotels International has a long list of well-known resort brands including core brand Melia, the luxurious Paradisus by Melia, and Gran Melia.Another brand, ME by Melia is all about ‘luxury lifestyle’. And sister brand Sol by Melia is ‘ME lite’, says Melia’s VP Global Brand Strategy, Tony Cortizas.The Sol brand has a lot of the same emphasis on style as ME by Melia, but at a lower price point. In an interview with Travelweek, Cortizas noted that Sol has a lot of appeal for younger Millennials.Melia has chosen a strong destination for its first Sol by Melia in the Americas. The resort is right on Tamarindo Beach, known as one of the best beaches in Costa Rica.More news:  Onex paying big to get WestJet and that will send airfares soaring, says CWTThe resort is owned by the Diriá Group, the biggest real estate group in the area, and is located alongside the beach and the famous Diriá Grand Boulevard with a selection of restaurants, shops and a casino.The resort has 242 rooms in several buildings, half with sea views and the others with views of the pools or the gardens.Dining options include six restaurants and three bars, plus there are four swimming pools, tennis court and gym.Tamarindo and Liberia airports are five minutes and one hour away respectively. San Jose Airport is about four hours away by car.MHI says the new addition reaffirms its commitment to growth in the Caribbean and Central America, reinforcing its market leadership and extending the international expansion of its Sol by Meliá brand of resort hotels.“As world leaders in resort hotels with brands such as Sol by Meliá which will now be present in 10 countries on four continents, we continue to strengthen our presence in the most important leisure destinations,” says Gabriel Escarrer, MHI’s Executive Vice President and CEO. “We are also very excited to welcome the addition of Sol Tamarindo, a resort which allows the company to operate again in the essential destination of Costa Rica.” Posted by Melia returns to “essential destination” of Costa Rica with Sol Tamarindo << Previous PostNext Post >>center_img Share Travelweek Group Tags: Melia Hotels, Openings & Renovationslast_img read more

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