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6,438,552.62 THB Apartment Sell Dominican Republic, Cabarete

Property Attributes

  • ReferencesLTAS-T842258
  • Price6,438,552.62 THB
  • LocationDominican Republic, Cabarete
  • Address
  • Part of cityNot specified
  • StatusSell
  • TypeApartment
  • Floor size0.0
  • Rooms0
  • HeatingVerygood
  • ConditionVerygood

Features

Descriptions


Additional features:
Internet access


Additional features:
Internet access


Additional features:
Internet access


Additional features:
Internet access


Additional features:
Internet access


Additional features:
Internet access

Las Canas Beach Resort is a luxury 5 Star resort on Dominican Republic's north coast right on the beach. The beautiful tropical gardens give access to miles of white sand beach bordered by lush, coconut palms and lapped by the crystal clear waters of the Caribbean.The world class facilities include sports academy, fitness centre, several swimming pools, bars and restaurants and the Island Sanctuary Spa.There's a diving and water sports centre as well as a Kid's Club and Teen Club to ensure your youngsters are happy. Like its sister resort Two Rivers, you'll find Las Canas is the perfect location to fulfil your every wish - whether it's relaxation, pampering yourself, a bit of adventure with local excursions or joining in the resort's activities.You can choose from studios, apartments, a selection of Balinese, Penang or Thai style villas, thatched bungalows and beach lodges (cabanas).All properties enjoy the full range of facilities, management and rental scheme which includes a two year 10% rental guarantee followed by a 50% net room rate share.The properties are all SIPP-approved so you can use your pension plan to invest and take advantage of the tax benefits available through the SIPP scheme.The purchase price of each property is initially set at 35% to 50% below the equivalent local market property price to allow early investors to maximise their return on investment.You can reserve one of these stunning properties for just £1,000 and on completion the developer will assist in obtaining finance for the balance due (subject to status).Purchase via an offshore company is possible and we can assist with the set up of this. Subject to you own circumstances this may be an appropriate route to make some fairly substantial tax savings. Facilities The Las Canas Reception will provide a concierge service for guests to arrange all sorts of things like restaurant and spa bookings, taxis and sightseeing tours.The Sports Academy will offer expert baseball, cricket, football, rugby and tennis coaching for people of all ages and abilities.The Fitness Centre will comprise a full range of cardiovascular and physical training equipment.The Island Sanctuary Spa at The Hideaway will have indoor and outdoor treatment suites providing a range of massages, beauty treatments and holistic therapies.Las Canas will have several bars and restaurants situated to take advantage of this beautiful location and offering guests a choice of dining experiences, including Trader Vic'sSeveral freshwater swimming pools, including a children's pool, will be situated within the landscaped gardens, all with a concierge service for drinks and snacks.The Diving and Watersports Centre will offer PADI tuition, snorkelling, catamaran sailing, kayaking, windsurfing and waterskiing.The signature 18 hole golf course will be designed by golfing legend Gary Player and provides a challenge for all levels of golfer For Children The Kid's Club will provide day care for young children with closely supervised, fun-filled activities, age appropriate toys, puzzles and games.A baby-sitting service will be available from 7pm until midnight.The Teen Club will allow young adults aged 13+ to enjoy their own lounge with an adjoining games room providing pool, table tennis, tabletop football and a jukebox Local Information Las Canas is on Dominican Republic's north coast just a few miles from the popular town of Carabete. There's plenty to do in this region if you feel the urge for a little adventure - from jungle safaris, kayaking, kite boarding... and some of the best beaches in the region if you just fancy flopping into a hammock and chilling out.There's plenty to do in Cabarete and if you feel the need for a little nightlife or you want to sample the local cuisine and the live music venues, then Cabarete is the place for you.Las Canas is right on the beach with its silky sand and swaying palm trees which edge the aquamarine sea. The resort is bordered by lush tropical forests of coconut palms, mahogany and muskwood and some amazing natural scenery; ideal for exploring.Las Canas is ideally located just 10 minutes from Cabarete and only 20 minutes from the Gregorio Luperon International Airport . Accommodation Located within the lush tropical gardens of Las Canas, the villas and apartments are constructed to the highest specifications, using the best quality local materials - tiles, stone and timber from sustainable sources.There are plenty of properties to choose from: studios, apartments, a wonderful range of Balinese garden, riverside or beach villas and Penang or Thai luxury villas. There are also beautiful thatched bungalows as well as beach cabanasThe architecture has a definite South East Asian influence whilst providing contemporary and spacious living accommodation.All the villas and apartments are fully furnished with stylish, modern simplicity, featuring stone tile floors and hand-crafted Caribbean mahogany furniture. This will all be replaced once every five years - keeping the interior in tip top condition - at no cost to you.All rooms are air conditioned and each bedroom has its own shower room. All villas and apartments have an interactive entertainment system with flat screen TV, internet access, stereo, in-room safe and telephone.All villas have a private jacuzzi.With every property, you have the option to use it free of charge for 30 days each year. Alternatively, you can put these 30 days into the rental programme to generate further income. Payment Terms The exceptionally attractive payment terms make buying one of these properties about as pain free as it can be.When you reserve a property you pay a £1,000 reservation fee.30% is due within 45 days. This can be funded via a mortgage which the developer will assist in obtaining. The developer will pay the interest payments on this mortgage until completion - the developer reasons that they would be paying interest if they were to raise the finance through a bank, so they pay your interest instead.On completion, the developer will assist in obtaining a mortgage for the 70% balance.Offsetting your costs, you have ten percent per annum rental income which is guaranteed for two years initially and from year three onwards, you and the resort share 50:50 the net room rate income... forever more.The income generated should cover your monthly mortgage repayments and, of course, you have an appreciating freehold asset, too. Important Information Whether you are sure or unsure about investigating the opportunities available to you here, may we recommend you download a free copy of the Dominican Republic Property Buying Report. The report looks at a host of different topics relating to investing in the Dominican Republic - including such things as the factors affecting the region and local area, tourism, room occupancy, payment details, return on investment model, more resort details, etc.
Additional features:
Internet access


Additional features:
Internet access

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