Apartment, low deposit, capital growth, high yield, fully managed, tourist letting, guaranteed rental, resort, marina, beach, spa, swimming pool, balcony, condo, air conditioning, apartments of 60 m2 large terrace from 89,600 euros, only 40% deposit 60% non status loan, the non-status loan is repaid by the 15 year leaseback, you can sell at any time, 4 weeks person usage per year, luxury design with superb facilities, a true eco development, free furniture pack until 1st april 2009, condo, residential property
An eco-paradise investment with 60% non status finance and with a lease back scheme for 15 years to cover the loan repayments. With the ability to sell your property at any time.
Apartments with 60 Sqm internal living space, together with 15 Sqm external terrace per property. All with uninterrupted Sea Views Prices from 89,600 Euros - Cash Investment from only €42,000 ( inc closing costs ). Only 40% deposit and 60% Developer 15 Year Lease Back non status Finance Lease Back for 15 yrs to cover all finance, maintenance costs. You can sell at any time and from the proceeds pay off the any of the 15 year loan (no penalty) and keep the capital growth 4 weeks person usage per year or additional rental income Can opt out of lease back with 60 days notice each year (no penalty) Free Furniture Pack worth 3000 Euros on every reservation received by 1st April 2009 Luxury design with superb facilities - sauna, jacuzzi, therapy rooms and several large pools surrounded by tropical gardens. Approx. 400 metres to the beach Idyllic tropical location Close to new airport in Luxury area of South West Dominican Republic Luxury Marina Planned Award winning True Eco Project The area has now been designated as a tourist development zone by the Government. This carries with it not only funding for the area but also tax free incentives for local projects.Property Summary An eco-paradise investment with 60% non status finance and with a lease back scheme for 15 years to cover the loan repayments. With the ability to sell your property at any time.
The Dominican Republic, and in particular the south-west coast, is experiencing unprecedented capital growth, especially in the luxury sector. Many commentators see this as the last genuine investment opportunity in the Caribbean.
Whether you're looking for a beautiful holiday home or a shrewd investment, the Eden Caribe development with its stunning location is a truely unique offering. A stylish eco-development with stunning beach & sea views with low entrance cost, non-status finance, market leading guaranteed rental and capital growth and a tax efficient exit strategy.
Eden Caribe has been designed to be in tune with current market trends, with its carbon footprint being almost nil. This is thanks to intelligent, sensitive design and the resorts natural blessings.
Property Description This is a luxury eco-development built in harmony with the environment, construction to the highest European build standards, located in an idyllic tropical location. Its rare to find a deal that really does tick all the boxes, but this one has it all, and also offers some of the best entry prices in the Caribbean.
With a maximum of 164 units on Eden Caribe it is truly an exclusive project. With such limited availability, finance options and the chance to own quality Caribbean property at this pricing level, interest is keen. Buyers now will enjoy positive equity in their properties, in the region of 10% within only a few months. We have highlighted what we believe to be the ten key points that make Eden Caribe unrivalled as an eco-residence, a holiday home or even when being assessed purely as an investment mechanism located in one of the most vibrant property markets in the world. The team behind the project are investors themselves and whilst Eden Caribe has been designed to offer the returns required by todays investor, we are also ecologists with our thoughts firmly on social responsibility and our impact on the future.
Eden Caribe overlooks the sweeping bay of San Rafael, one of the best beaches on the beautiful Dominican south-west coast. It nestles on the slopes of green mountains by the Barahona-Enriquillo coastal highway, recognised as one of the most scenic routes in the entire Caribbean. So it is considered a prime spot in this region! Although just 26km from the regional urban centre (and international airport) of Barahona and a 2-3 hour drive from bustling Santa Domingo, it is a picturesque, tranquil setting, overlooking an unspoiled beach and sparkling waves. This proximity to the airport gives you two great advantages. Firstly, it makes reaching your property easy. More importantly for the investor, it virtually guarantees a regular flow of tourists. Proximity to airports is a key factor to consider in overseas property.
The words often overused in holiday and property brochures, is a perfect description. Waterfalls tumble gently from the mountain and through tropical forest, providing stunning scenery. A short stroll down through the fruit trees and greenery brings you to clear water pools at the bottom of the waterfalls and then the fine sand and balmy waters of the beach. A host of leisure options, from bathing and water sports to diving or snorkelling on the amazing coral reef are available.
This will make for fabulous holidays for you, during your four weeks of personal usage, and also for tourists who cant fail to fall in love with the resort.
Pricing
8 floors - starting at 89,600 euros - 4 apartments on each floor. The price increase with each floor.
Purchase of two side by side gives the option of having the two units knocked into one.
Multi purchase option of purchasing one above the other at the price of the lowest unit.
Payment Plan
Reservation fee 2,000 euros
refundable up to 14 days of receiving contract
14 days to sign the contract -20% with contract
60 days later 20%
Transfer tax of 5.72% and legals $1500 paid on skelton of structure.
15 year leaseback - 4 weeks use
1st of June of each year it is possible to come out of the leaseback giving 60 days notice prior to this date.
Option to sell on at the market rate, and repay the mortgage.
The properties are Freehold.