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Punta Perla for Sale
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Post your Punta Perla for Sale Ads on SunnyComfort.com All Listings are Free and are subject to approval. Serious Investors ONLY.
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Posted by: sunnycomfort
Created on Tue, 08/10/2010 - 11:15
expires on Mon, 11/08/2010 - 11:14 (8 weeks 3 days)
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OWN YOUR OWN PIECE OF PARADISE - NO RISK!
2 Bedroom Villa - Contract For Sale - $125,000 USD
Current Value (2009) - $325,000 USD
Contract Purchase Price (2007) - $285,000 USD
With the World Economy in the state it is in, the BEST way to hedge against inflation is Real Estate Investment. We have taken all the risk out of Pre-Development Offshore/Overseas Real Estate Investment.
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.
This contract has been Notarized in the Dominican Republic by the developer and at the Dominican Consulate in Toronto. Guaranteed financing has been negotiated in these contracts and all Due Diligence has been performed by our lawyer in the Dominican Republic.
Why is this a NO RISK investment?
Tourism in the Dominican Republic has NOT been affected by the global economic crisis. The Dominican economy continues to thrive in the Global Recession!
In mid October 2008 the developer of this project was granted the "Confotur" which basically gives him the approval for all tax incentives listed below and more importantly the go ahead to begin the massive construction of the Punta Perla project.
Dominican Republic TOURISM INCENTIVE LAW #158-01 applies specifically to the Confotur
On December 30, 2008 the Dominican President laid the first stone at the Punta Perla Caribbean Golf Marina and Spa Resort signalling the official Groundbreaking and opening of construction.
Contract Details:
Notarized and Legalized IN the Dominican Republic
Deposit of $85,000 USD - Includes $10,000 Resort Fee - Already Paid to Developer
Guaranteed Financing for remaining $200,000 USD
All Investment Incentives (below) Guaranteed In Contract
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.
This property will offer both a guaranteed rental income and potential for significant capital growth.
Investment Incentives:
GUARANTEED RENTAL RETURN
NO CAPITAL GAINS TAX
NO INCOME TAX
NO PROPERTY PURCHASE TAX
Property Details:
Project Name: Punta Perla Caribbean Golf Marina and Spa Resort
Project Location: Punta Cana, Dominican Republic
Approximately 10 minutes walk from the beach
Tropical Village Poblado Tropical
2 Bedroom Single Storey Linked Villa - 81m2 (872 sq.ft.) Built + 27m2 (291 sq.ft.) Terrace
Villa Features:
Guaranteed Rental Return
Fully Furnished to Rental Standards
Hot and Cold Air Conditioning
Irrigated, Landscaped Grounds
Large Terrace
Large Villa
Marble Bathrooms
Satellite Television Dish Installation
Wood and Marble Flooring
Wooden Blinds in Bedrooms
Contract Purchase Costs For Buyer:
Lawyer Fees: Approximately $5000 USD (we can refer you to our Dominican lawyer)
2% of Initial Purchase Price or $5700 USD for Transferring the Contract by Developer
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.
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.
Contact Trevor at 1-888-812-9110 or email office@pthomeinternetmarketing.com
Posted by: engineer
Created on Mon, 08/10/2009 - 23:12
expires on Mon, 11/08/2010 - 11:12 (8 weeks 3 days)
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