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Other Considerations
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Buy to Let investment properties with rental guaranteesLa Gema Bahia
La Gema Lodge
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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.
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)
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