|
Free
newsletter
Enter your
Internet email address
|
|
|
|
|
| |
property investment www.Staymove.com
home / caribbean property investment / villa del mar
next step
ENQUIRE NOW
Get an E-brochure
Print this page
property investment
Villa del Mar
dominican republic, caribbean
Reasons to Invest
Projected resale price of $100,000 after 1 year**
Price increase after the first 33 villas sold
No capital gains tax for twenty years**
Up to 90% mortgages available on the build**
10% guaranteed rental for two years**
Development Features
Plot prices start from $52,000 (£26,000*)
Gated community with 24 hour security
Private beach and clubhouse
Swimming pool, Fitness and Spa facilities
Medical centre and supermarket
Restaurant, Bar and Grill
Introduction
Embracing the gentle waters of Samana Bay and located only 15 minutes from El
Catey international airport, Villa Del Mar with its private beach club, swimming
pool and marina is truly the gateway to paradise. This is an excellent
opportunity for investors to buy a plot of land in the Caribbean, with a resale
price of $100,000** (£50,000*) after only one year!
With the boom in development and leisure facilities around Samana, including the
new golf course, proposed marina west of Las Terrenas and the new international
airport in the Samana region, property prices are rising rapidly and now is the
time to buy!
Depending upon the proximity of the beach a typical property with three to four
bedrooms with a swimming pool in a gated community, would be worth between US$
250,000 - US$ 500,000. In the future substantial growth is expected, similar to
the other Caribbean islands.
Location - Dominican Republic and Samana Bay
The Dominican Republic is located on Hispaniola Island, the second largest
island of the Caribbean. With impressive beauty and great variety, it is
surrounded by the Caribbean Sea and the Atlantic Ocean and has palm beaches and
tropical nature plus mountains reaching up to 3175 metres.
Samana Bay is a world famous sanctuary for the Humpback whales. During December
to March, they come to mate and give birth to their young ones. Samana offers
great diversity. Enjoy the small bays and islands with sandy beaches, aquatic
sports, tours, and Lomo de Chivo golf course, nestling in its own hilly tropical
garden. Three new large golf courses are planned in and around Samana area.
The Development - Villa del Mar
Within this planned Spanish-Caribbean style community, you can indulge in fine
dining, stay fit at the world class fitness centre, party at the beach club,
catch the sun at the seaside or sail and fish in the waters of Samana Bay, which
is protected from the Atlantic Ocean. On the opposite side of the bay is a
national park. The Villa Del Mar development is 1700 metres deep with a
beachfront width of 225 metres. It is located only 15km from Samana (the second
largest port on the island).
Guaranteed rental income
Once the villa is built there will be a 10% guaranteed rental income for two
years**. After this it will be a 50/50 split with the management company.
Mortgages
Mortgages are available for 90% of the villa price. Interest rate is currently
from 5.5% through the First Caribbean Bank (part of Barclays). The 5.5% to 7.75%
(depending on credit standing) is an adjustable rate mortgage (ARM) with a
minimum of one year and a maximum of seven years. Mortgages are subject to
status.
Hotel Occupancy
Currently over 560 hotel projects and 65,000 rooms have been developed in the
Dominican Republic. In 2006 tourism reported $4,125,700,000 in revenue. The
reason for all the hotel development in the Dominican Republic is because of the
year round hotel occupancy rate of 73.9%.
Prices and Payment Schedule
Phase one plots are numbered 1 – 100 and prices start from:
Plots 1-33 = $52,000
Plots 34-66 = $54,600
Plots 67-100 = $57,330
Phase two plots are numbered 101 – 200 and prices start from:
Plots 101-125 = $80,000
Plots 126-150 = $84,000
Plots 151-175 = $88,200
Plots 176-200 = $92,090
Due to popular demand, units in this development sell on a daily basis. Please
use our enquiry form to request a full colour brochure, current availability and
price list.
*Subject to exchange rate.
**Terms and conditions apply.
Staymove.ae
Staymove.be
Staymove.com.pt
Staymove.de
Staymove.fr
Staymove.it
Staymove.me.uk
Staymove.name
Staymove.info
bbbestofthebest great estates
investment services
inspection trips
currency exchange
SIPP investments
| |
|