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Excellent Return in High Growth Market [ SOLD ]  Region: Dominican republic  Price: USD $ 295 230  Bedrooms: 2  Property Type: Beach Property  Development State: Off Plan

Features: Garden, Pool, Parking, Terrace / Deck Amenities: In beach resort, On the Sea, In vacation place, Sea View, Near Village Description:
We are proud to present Two Rivers Beach Resort

Completion: Last quarter 2009

Location

Situated just west of Puerto Plata airport, this resort is set beside a stunning beach on the Amber Coast. Puerto Plata is the largest city of the Northern region and a tourism Mecca of the Dominican Republic. 3 miles west a new full service marina is under construction with berthing up to 250 ft (LOA), WI-FI, 24 hour security, customs and immigration on site and a fuel dock.

Investment Structure

Freehold

Rental Program

Rental Income is guaranteed at 10% of your purchase Price for the initial 2 years followed by 50% of the room share. All units come fully furnished.

Payment Schedule

Initial deposit £1000

30% within 45 days

70% reamaining upon completion

Financing

There is 100% financing available for this development as well as a 70% guaranteed LTV mortgage. Please contact us for the full details.

More reasons to invest in Two Rivers

The development is strategically location on the popular North coast of Dominican Republic only 15 minutes drive from the Airport in Puerto Plata, to which there are daily flights direct from the UK and Europe.

A year round popular holiday destination with great weather and very little rainfall.

The Two Rivers development offers a fantastic opportunity to purchase a luxury residence under current market value.

The northern coast of Dominican Republic is relatively untouched by commercial property developers unlike the east coast i.e. Punta Cana, Punta Perla, Cap Cana etc.

There are several active buying and holiday markets in the Dominican Republic. In particular Americans because of its close proximity to the USA. Others include, British, Mexicans and Columbians.

Dominican Republic remains the most cost effective way of holidaying in the Caribbean for this reason it is particularly popular with British. Highly promoted on British travel channels as an ideal “all inclusive” holiday resort.

There is guaranteed income paid to investors of 10% per annum for 2 years from completion followed by a 50/50 chare of the room rate giving immediate positive cash flow to investors.

Expected growth of 20% to 25% per annum for the next 4 to 5 years.

Buyers could choose to sell on the unit before completion with the ability to more than double their initial deposit.

In close proximity to some of the islands most beautiful beaches as well as having its own beach front location
Mortgage finance up to 70% LTV can be arranged. The bank guarantee offers added security to the investors as at ease release of funds the bank instruct a surveyor to inspect the construction site.

No mortgages payments to make for 2 years during construction with immediate positive cash flow through the guaranteed rental paid to investors for 2 years followed by 50% share of the room rate.

The island is a “tax haven” with is no purchase taxes, minimal annual taxes and no Capital Gains Tax (CGT) payable by investors

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