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Other Considerations
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| Features: Terrace / Deck | ||||||||||||||||
| Amenities: Shops, Bars & Restaurants, In beach resort, Gymnasium, Sea View, In Spa Resort, By the Sea, Childrens Playground | ||||||||||||||||
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Description: The Opportunity at a Glance
An Excellent Investment Opportunity in a High-Quality 5 Star Resort – A Caribbean Property with 10% Rental Guarantee and 30 Days FREE Use per Year Las Canas Beach Resort will be a high-quality development being built to a five star standard within a lush, tropical landscape surrounded by hundreds of palm trees on a six acre site in the Dominican Republic. The development will be run and managed as a hotel with facilities such as a gym, pools and Spa. All rentals and services within the hotel and villas will be managed for owners as part of the service which means that you will be able to receive a substantial return on your investment with minimal involvement. However, one of the main benefits of investing now, in what will become a sought-after area of some distinction, is that there is no capital gains tax to pay for 20 years. This 5 star development will be operated by an experienced hotel management company; as such rental returns are likely to be substantial. All properties will be fully furnished and will be offering a 2 year 10% rental guarantee, followed by a 5 year 50% room rate share deal, making this a fantastic investment opportunity. Dominican Republic Compared to other Caribbean destinations today, The Dominican Republic offers the best property prices and a superb location. Despite its emerging status, The Dominican Republic remains as desirable a holiday destination as any other Caribbean island, while tourist figures continue to grow at an unprecedented rate. It is attractive as a retirement paradise as well as a highly lucrative property option, offering good potential returns on investment (currently reaching some 30-40% over 5 years). Many serious investors already realise the great potential the Dominican is offering as a safe investment haven. Las Canas Beach Resort is a stylish resort positioned in the small town of Sosua in the north of the Dominican Republic, about 25 minutes from the international airport in Puerto Plata. Sousa is still in the early stages of development, rich in wide sandy shores and coconut trees, pleasant restaurants and lively nightlife. With tourism bringing in 22% of the countries revenue real estate is a strong player in the economy. An Impressive Range of Residence Types There is an impressive range of residence types to suit every lifestyle need and budget. Each Cabana unit has an open terrace and private plunge pools. The development offers a choice of:
All properties will come fully furnished (unless the client does not wish the property to be entered into the rental scheme) to a standard expected of a five star resort. The furnishings are being managed by the same team who furnished Sandy Lane and the Colony Club in Barbados and 'Le Sport' in St Lucia. Quality Facilities The resort will be operated by an experienced hotel management company and will offer all the facilities and services you would expect from a tropical hideaway such as
Affordable Pricing
All apartment suites, cabanas and villas are fully furnished to 5 star standard including plasma TV screen. The furniture package is included in the price. Due to the development being government backed, there is no Capital Gains Tax to pay in Dominican Republic for the first 20 years! Finance can be arranged up to 100% of the value of the property subject to status (UK residents only). Owners are allowed to sell their residence prior to completion. |
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