New Apartment / New Home, Mortgage Paid, Reduced Price, Mortgage Paid, Reduced Price, Residential Letting, Below Market Value, Capital Growth, High Yield, Guaranteed Rental, Resort, Marina, beach, Spa, swimming pool, terrace, Investment property
Investment Overview - Bulk Purchase Offer
Cash Investment 787,712 Euros
367% Return on your Investment over 3 years
Estimated Profit over 3 years 2,100,000
16 x 84 sq apartments with a minimum bank valuation of 2,400,000 Euros (150,000 Euros each)
Available for 99,000 Euros each plus closing costs.
Cash payment of only 40% = 40,000 Euros plus closing costs per property.
60% Developer Finance covers the balance.
3 Years Rental Guarantee (8 month season) covers Developer Finance and all maintence costs.
Further income available from 4 month rental period
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.
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 months (max) of personal usage, and also for tourists (your rental market) who cant fail to fall in love with the resort.
Top 10 deal Deal Highlights
1. Premier Caribbean eco-resort . With its eco-credentials;top-class design; Idyllic location,planned marina development, and on site amenities Eden Caribe is a truly impressive resort. Eden Caribe was recently awarded the whatgreenhome.com Excellent kite mark 2008. With only 164 units it will offer a luxury Caribbean retreat, desired by many in today's busy world.
2. Exciting, emerging hotspot. The DR is an expanding, stable economy enjoying ever faster financial growth - 10% growth of the last few years is widely predicted to accelerate. Foreign direct investment is pouring in and international business players, from Donald Trump to the Ritz Carlton Group, have spotted its massive potential are racing to get a foothold.Property prices are still, for now, among the most affordable in the Caribbean - making this a unique opportunity for investors to get in to a vibrant economy just before it booms. Many analysts believe the DR to be the last great investment prospect in the region.
3. Affordable entry,great financing options. Properties in Eden Caribe start from just €129,600, offering unrivalled value. The developer is also offering a non-status, 15-year repayment Loan, meaning the project is both accessible and has leveraging possibilities.
4. Up to 15% rental guarantee. Buyers of Eden Caribe will be given the option of a rental guarantee scheme that can pay up to 15% p.a. for two years when buying in cash. However, if purchased in conjunction with a developer loan the rental will cover all your payments. This means the developer will effectively pay all your bills for two years! The agreement even provides four months of the year for your own personal use.
5. Planned luxury marina development. Aside from factors such as booming tourism and rising foreign direct investment (FDI), one of the most significant drivers of capital growth for Eden Caribe will be the planned marina development for San Rafeal bay. This will open Eden Caribe to high-spending international yachting market - US Coastguard figure state that 30,000 yachts are estimated to sail from the US each year to the Caribbean Islands. Once the marina opens, it will bring prestige and wealth to the area, as well as huge demand for luxury high-end accommodation, boosting your rental income and providing a significant, and affluent, onward sales market.
6. Catching the eco-tourism wave. Eden Caribe is considered by many as one of the most modern, intelligently designed and beautiful eco-resorts on the planet. Construction will be carried out with minimal environmental impact, power will be hydroelectric, solar and backed up by gas turbines. All flights to and from the resort arranged through Eden Caribe UK will be carbon-offset by Climate Care, part of JP Morgan Investment Bank. You can invest in Eden Caribe with a clear ecological conscience, and in a project that has been positioned to be able to tap into the market for eco-tourism and green developments, reckoned to be the single most important and fastest growing tourism trend in the world...........