Property ID: 1686845

Price: 1686845 165000.00 GBP

Key Features

Commercial

Dominican Republic - Puerto Plata -

Leisure Property

Full Description

Just £1,000 RESERVATION FEE required:
100% finance available
2 year rent guarantee of 10%
Followed by a 50/50 share of the rental income
30 days FREE use per year
40% under market value
Cash back option
No Buying tax
No Inheritance tax
No capital gains tax
SIPPs compliant

Financially secure developer with first resort in St Vincent due for completion and occupation July 2010

Just £1,000 reservation fee required until completion and 100% financed as Developer makes the re-payments on the 30% deposit

A selection of studios, apartments and villas, Las Canas upon completion will total between 500-1000 acres with a wealth of facilities being constructed within the resort; 18 hole signature golf course, 22 acre Spa Island and well being, Sports Academy, several restaurants, a floating bar and swimming pools, conference facilities, casino, boutique shops and much much more.

The resort is going to be one of our crowning achievements and has the added benefit of having a large shopping centre (of which there is currently no such facility in the area) offering tax-free retail to clients, this will come in handy with the Dubai Royal family who are in the process of buying the marina port in Puerto Plata thus offering docking for large cruise liners which will increase tourism to the area.

The resorts are being constructed in the North coast of the country which is going to be benefiting from the added 100 million dollars being invested by the government to increase tourism to the area along with the money already invested into the infrastructure; roads, facilities and abolishing the shanty towns.

There are many reasons to invest in the Dominican Republic, some that have been listed below which can all be found on sites such as Google; Dominican Republic is the most popular destination for Canadians and the 4th for Americans, It welcomes 29% of all tourists to the Caribbean 17 long haul and 22 short haul flights per week into the island, our resort is just a short drive from the airport.

There is a current shortage of rooms and upmarket hotel accommodation - they need another 2,500 by 2012 with the envisaged increase in tourism. Occupancy rates are between 74-96% year round. Over 20 golf courses in the island, with the Playa Dorada being one of them. The Dominican Republic in January had an increase of 5.5% of visitors to the country this year compared to that of January 2007 - an extra 18,500 people just in that month alone, Las Canas will have approximately a 24 month build period and will commence the build towards the end of 2009 for completion the end of 2011.

 

Features:
Beach
Furnished
Private Swimming Pool


Price: from £105,000


Type: Apartment
Country: Caribbean

Dominican Republic