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Luxury Managed Investment - Strong Consistent Yields [ SOLD ]

 Region: Dominican republic

 Price: USD $ 1 400 000

 Bedrooms: 3

 Property Type: Villa

 Development State: Off Plan

 
Description:

LEISURE FACILITIES AT PUNTA PERLA
GOLF
Three signature golf courses each with their own clubhouse
Golf Academy

MARINA
La Marina de Punta Perla
One of the largest inland marinas in the Caribbean and conveniently located on a major maritime route, La Marina de Punta Perla will accommodate around 150 boats

SPAS
La Playa de Perla Beach Club and Spa is certain to be one of the Caribbean’s most enticing and luxurious. Designed with a timeless sense of the tropics, the centre piece is the swimming pool carved into a coral base on the edge of the sea

Guests will be offered the latest treatments in the most sumptuous
surroundings, for complete relaxation of both body and mind

TAX INCENTIVES
Continued Government incentives to attract both real estate investment and tourism continue with the introduction of Law 158. This entitles investors in the country several benefits such as:

NO STAMP DUTY ON PROPERTY PURCHASES,
SAVING IN EXCESS OF 4% OF THE PROPERTY PRICE*
NO TAX ON RENTAL INCOME*
NO CAPITAL GAINS TAX*
*All Applications in process.

It is important to remember that this is only applicable to the first purchaser of the property and therefore it is recommended that property is bought by a privately owned company.

Given the area’s hugely successful tourist industry, high rental returns are far more achievable than many other more obscure international destinations currently billed as investment hotspots. Increasing numbers of tourists are demanding a higher standard of accommodation. This has been recognised by many international tour operators, most of whom are fighting to secure rental property for their pools.

Given that the number of properties being developed in the area to date is relatively small and therefore up market properties to rent are few and far between, the competition is fierce to secure their long term rental. This is good news for property owners wanting consistently high returns from their investment.

Attractions
o 3 signature golf courses
o Golf academy
o Marina with about 400 berths
o Tax-free designer retail
o Equestrian centre & Polo Field
o Tennis club
o Beach Club & International Spa
o Comercial centre (featuring cinema etc)
o Colonial style leisure area featuring chic bars and fine dining
o Aqua park
o Casino
o Business Centre
o Medical centre

The Project :

8000 properties (apartments/bungalows/townhouses/villas/penthouses/founders plots) set in 2700 acres of the most stunning beach front real estate left in the Caribbean
3.5km of white sandy beaches
15 minutes from Punta Cana International Airport
Low density build, averaging 11 people per acre (based on all properties having 3 people in at any one time)

Financial Incentives:

8% guaranteed rental yield for 5 years (net of management fees)
10 years of tax incentives:
No tax on rental income
No capital gains tax
No property purchase tax (normally 4.6%)

Pre-launch prices (most will increase by about 25% by the end of this year)
Best choice of properties


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