Punta Perla Golf Marina and Spa Resort
One of the last great investment opportunities in the Caribbean!
A variety of properties will be interspersed throughout La Marina de Punta Perla, three signature golf courses and along the 3.5 kilometers of white sandy beaches.
Punta Perla are offering a limited number of the following properties at reduced prices:
1 & 2 bed Tropical Village Properties
2 & 3 bed Golf Apartments
2 & 3 bed Detached Golf Villas
2 & 3 bed Marina Apartments
2 & 3 bed Star Island Apartments
2 bed Star Island Bungalows
2 & 3 bed Beach front Apartments
These properties will offer both a guaranteed rental income and potential for significant capital growth.
Punta Perla is a master planned resort envisaged to become one of the worlds finest resorts offering luxury accommodation and world class amenities. It is situated in approximately 2,700 acres (10.2 million sq metres) of prime beachfront land in the Punta Cana region on the Eastern tip of the Dominican Republic.
There will be approximately 8500 properties on Punta Perla. Punta Perla will be a low density build offering just 11 people per acre.
All properties on Punta Perla are freehold.
Punta Perla is being developed and project managed by Pariso Tropical S.A, a Dominican Republic company headed up by Spanish developer, Ricardo Miranda. The developer has full legal title to the land.
The property that we are currently marketing along with the major facilities including the marina and first signature golf course will be ready within 30 months from the signing of contract. Punta Perla in its entirety is a 5 - 6 year project.
$10,000 reserves the property and on contract, 30% of the purchase price (minus the reservation fee) is payable. There is then nothing further to pay until completion.
The developer will make available, through a nominated bank, a mortgage for 70% of the purchase price on completion. The term is currently up to 15 years at a rate of 7% interest for a repayment mortgage although the lenders anticipate the rate to be lower by completion. There will also be more mortgage options in place by completion. The mortgage offer is related to the property purchase price.
Every purchaser on Punta Perla will be offered a fixed annual rental return equating to 8% of the purchase price (less the $10,000 resort membership fee) for a period of 5 years. This return will then be renewable annually for up to another 5 years at the agreement of both parties. The rental contract will be with a company partly owned by the developer who will make agreements with major tour operators who will in turn guarantee the rental return.
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 purchases saving in excess of 4% of the property price, no tax liability on rental incomes and no capital gains tax.
Punta Perla is a totally private gated community for residents and guests only and is protected by 24 hour security.
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