From 60,000 GBP. 100% Funding. 25 Year Rent Guarantee DOM REP
- Price: 60000.00 £
- Investment Type: Investment
- Bedrooms: 1
- Bathrooms: 1
- Reference: Dom Rep
We are pleased to be the first agents to launch for sale this fantastic investment opportunity - Palm View Resort, Playa Dorada, Dominican Republic.
The resort is already constructed and refurbishment and improvement works are ongoing to upgrade this 4 star resort to a 5 star development. A selection of 1, 2 and 3 bedroom hotel condo units are available priced from around £60,000.
The deal highlights are as follows:
- 100% funding available (subject to status)
- Only £6,995 capital required in total comprising £5,000 contribution to the developer covering all legal and closing costs and our introduction fee of just £1,995.
- 70% Mortgage from one of three Canadian owned Caribbean banks.
- 30% Deposit Loan from Vendor paid back over 7 years interest free.
- 9% Guaranteed net return for the life of the investment.
- This resort is fully open and trading with 90% occupancy confirmed for 2012/2013 peak season.
- All residences are fully furnished.
- Two weeks personal usage per year.
- Cash positive investment from day one.
Palm View Resort is situated in Playa Dorada which translates as "Golden Sands" and is regarded as one of the most exclusive and well known beaches throughout the Caribbean. The ideal location also boasts beautiful tropical weather, with average annual temperatures of between 27°C and 33°C allowing for a 12 month holiday season and earning Dominican Republic the reputation for having "endless summers".
The Resort features 216 private 1, 2 and 3 bedroom suites, all benefiting from a 24-hour concierge and limousine service and an English guild trained private butler upon request. Palm View Resort will feature a world class associated Golf course, Spa and Wellness centre, Casino, Fine Dining Restaurants and Bars, Swim up Bar, Beach Bars, Tennis courts, Water sports, a featured Private Beach club, Theatre, Cinema, Gymnasium, Nightclub and Boutique Shops. The first class facilities encapsulate the true uniqueness and beauty of the Palm View Resort. Palm View clients will experience impeccable service and attention to their wellbeing provided by carefully chosen, internationally-trained staff. A dedicated butler will create an environment that anticipates and satisfies every need with seamless efficiency and gentle discretion.
The beautiful Dominican Republic is the perfect setting for the Palm View Resort. This stunning island is home to pristine sandy beaches, azure blue waters, lush green hillsides, spectacular coastlines, dramatic sunsets and historical towns.
•Palm View Resort is located in the principal city of Puerto Plata.
•Puerto Plata is one of the tourist destinations most recognized in the Caribbean for its natural attractions such as its Victorian architecture, its beaches and its tropical landscape.
•Palm View Resort is located 20 minutes from the International Airport.
•Palm View Resort is located just 15 minutes from the Ocean World Adventure Park, featuring a Marine Park where you can swim with Dolphins, the Ocean World Adventure Park also features a Marina and an entertainment Centre with restaurants and bars.
•Dominican Republic is considered a leader in the Caribbean tourism, receiving on average more than 190 international daily flights on its 8 international airports and almost 5 million visitors annually.
•The Dominican Republic is currently the largest tourist destination in the Caribbean receiving in excess of 30% of the tourist market.
•Tourism in the Dominican Republic is increasing on average of 5% per annum.
•Carnival Cruise Ships have commenced on a $65 million dollar investment that will see its cruise ships dock at Puerto Plato from 2014 further high lighting the expected growth of the Region.
Palm View Resort’s associated Golf Course designed by the world famous Robert Trent Jones Sr is ranked by the prestigious Golf Digest amongst the world’s top 100 courses.
The professional 18 holes-par 72 extends some 6,990 yards with the breath-taking course offering a truly exhilarating experience with its spectacular water features and immaculate fairways and greens set in amongst a back drop of Coconut and Palm trees.
The right location is one of the most important factors when investing in overseas property. Also high on the list of key factors is a growing economy, increasing tourist demand, strong government investment and long term plans to significantly increase tourism. Palm View Resort Dominican Republic delivers on all of these making it one of the most exciting and rewarding investment opportunity in the global overseas property market.
• Clients of Palm View Resort can avail of quite simply the best payment options available today. 100% Finance can be arranged subject to status
•Palm View proudly stands alone when it comes to guaranteed rentals for its clients, currently offering 9% for up to an amazing 25 years.
•The island has a 12 month tropical climate that allows for pleasant year-round climate and ensures continually high occupancy rates and in turn, exceptionally high rental yields.
•A tax haven that offers tax concessions on all foreign investments.
•Foreign direct investment (FDI) in the Dominican Republic soared 83.7 percent last year.
•Dominican Republic Tourism industry revenues rose 4.3 percent last year to $4.2 billion and continues to grow.
Floor plans, site plans, availablity/price lists, cash flow spreadsheets, etc. are available upon request.
We fully expect the prime beach front units on this project to be reserved within days so please contact us as soon as possible if you are genuinely interested to avoid disappointment.