Dominican Republic - Punta Cana
Punta Perla, Punta Cana
Overview
25% BELOW OFFICIAL LAUNCH PRICES - 8% GUARANTEED RENTAL FOR 5 YEARS
NO TAX ON RENT RENTAL INCOME FOR 10 YEARS - NO TAX ON PURCHASE
Punta Perla is at the forefront of international property investment, a new generation of international resort property. Situated 15 minutes from Punta Cana International airport, this exclusive resort will be home to every luxury a seasoned traveller would desire.
A variety of properties will be interspersed throughout La Marina de Punta Perla and along the 3.5 kilometres of white sandy beaches, including three signature Golf courses. With an amazingly low density of just 11 people per acre and set in 10 million square metres, there is a private piece of paradise for everyone.
Punta Perla offers a range of properties, including: Star Island Bungalows and Apartments, Golf Villas, Townhouses and Apartments, Water Homes, a Caribbean Village, a Colonial Village, La Marina de Punta Perla and Beach Apartments as well as multi-million dollar Beach-Side Mansions.
The Architects have created a natural yet cosmopolitan feel, with the homes being built to the highest quality, built to Florida Hurricane Standards. Each property has been positioned to take advantage of the natural beauty of its tropical surroundings, seamlessly blending in with the back drop of natural beauty.
Founders Plots at Punta Perla
Plots in excess of 10,800 ft2 (3300m2 ) of Caribbean beach front are available to build your own dream villa. Let your imagination run wild with your own architect and builder, or use the experience, expertise and excellence of the Punta Perla design team. Villas up to an incredible 9,800ft2 (3000m2) can be built on each site.
Punta Perla founder plots offer a rare opportunity for the privileged few.
COMPLETION DATE: June 2008
Golfing Paradise
Monty's signature is the first at Punta Perla.
"I am thrilled to be so closely Involved in the design of the first golf course at Punta Perla. I select the locations for Golf courses which carry my name very carefully indeed, but Punta Perla was an easy choice. This is a stunningly beautiful corner of the Caribbean. The world-class Golf course we are planning will be magnificent - not only for players; it will also provide a wonderful green outlook for the people who buy the homes which overlook it." Colin Montgromerie.
At Punta Perla, the three signature courses, each with their own Clubhouse, will be at the heart of the resort. A Golf Academy will assist first-time golfers as well as experienced players wishing to improve their game.
Purchasers of properties at Punta Perla are automatically entitled to become members of the resorts Golf Club.
Punta Cana
Punta Cana is located on the eastern most tip of the Dominican Republic where the surrounding area plays host to 40% of the country's tourists. The resort of Punta Perla is set along over 2 miles of ocean frontage of the Punta Cana region and is the only beach-side real estate available for a development of this quality, magnitude and national importance.
The Dominican Republic offers an increasingly rare opportunity for real estate investment. Reckoned to be one of the last great investment opportunities in the Caribbean, the Government has purposely set out to attract upmarket tourism by offering great tax incentives as well as spending millions implementing a modern infrastructure. The Caribbean Highway now under construction, will provide easy access along the coast, making Punta Cana a prime investment destination.
Key Investment Points
- The last great investment opportunity in the Caribbean
- Property in the Dominican Republic is very competitively priced when compared to other Caribbean Islands
- With this development, the Dominican Government officially welcomes overseas investment. Law 158 on foreign investment was recently extended to attract overseas property investors by offering exemptions on Capital Gains, Income and Property Purchase taxes for ten years
- The rental pool offers attractive guaranteed rental returns (Application in process)
- Punta Cana / Bavaro has become the fastest growing tourist area within the Dominican Republic
- Punta Cana International Airport receives just under 50% of all foreign tourists, with local resorts enjoying occupancy levels in excess of 86%
- Tourism in the Dominican Republic is changing rapidly
- There is a demand for more upmarket, residential style accommodation over the traditional all-inclusive hotels. This is leading to major investment in the area as more people realise the potential of this beautiful country in comparison to other Caribbean destinations
- The Caribbean Tourism Organisation's annual report states that 25% of Europeans travelling to the Caribbean, cite the Dominican Republic as their preferred vacation destination. This is no doubt influenced by the variety of micro-climates, mountains, beaches, cultural and historical wealth as well as a range of alternative features offered by this Caribbean Island
- Many improvements to the country's infrastructure are linked directly to the pursuit of tourist income, with new highways being built, existing roads widened and paved, as well as historic areas being renovated
- The Dominican Republic has seven international Airports, more than any other Caribbean Island
- The Government is currently spending $20,000,000 on an international marketing campaign to attract tourism and investment from around the world to this area
- High interest bearing US $ accounts and US $ based investments are both available and tax free
- The banking system is highly regulated and security is deemed good
- There are no restrictions on foreigners purchasing property in the Dominican Republic
- There are no restrictions on foreigners inheriting title to property
- All Punta Perla properties are Freehold
Location
Upon arrival at the Dominican Republic, you will land at the picturesque thatched-roofed Punta Cana International Airport, which is 15 minutes away from Punta Perla.
European scheduled carriers to Punta Cana include Air France, KLM, Sprint and Iberia. Visitors from the UK are served by direct chartered flights from Britannia and First Choice. Flight times are approximately 8 hours from London. You can fly from Punta Cana to Miami in 1.45 hours, to New York in 3 hours and to most European cities within 8-10 hours.
Floorplans
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| FLOOR PLAN - GOLF APARTMENTS | FLOOR PLAN - GOLF VILLAS | FLOOR PLAN - MARINA VILLAS |
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| FLOOR PLANS - STAR ISLAND APARTMENTS | FLOOR PLANS - STAR ISLAND BUNGALOWS | FLOOR PLANS - BEACH APARTMENTS |
Project Facilities
Punta Perla offers a range of properties, including: Star Island Bungalows and Apartments, Golf Villas, Townhouses and Apartments, Water Homes, a Caribbean Village, a Colonial Village, La Marina de Punta Perla and Beach Apartments as well as multi-million dollar Beach-Side Mansions.
All properties on Punta Perla are built to the very highest standard with an exceptional specification.
Features:
- Marble and Solid Wood Flooring throughout
- Kitchen Appliances
- Private Terraces
- Exterior Coral Cladding
- Jacuzzi/Splash Pool
- Air Conditioning/Heat
- Satellite Installation
- Alarms
- Lush Tropical Gardens with Automatic Irrigation
- Private Gated Living
- Built to Florida Hurricane Standards
- La Marina de Punta Perla
- Three signature Golf Courses
- 3.5 kilometres of white sandy beaches
- Casino
- International Spas & Beach Clubs
- Cosmopolitan Restaurants & Bars
- Water Park
- Wildlife Park
- Heliport
- Equestrian Centre
- Sports Centre
- Extensive parkland with buggy and walking trails
- Ecological trails & Nature walks
- Horse riding
- Natural Dolphin Aquarium at sea
- Whale watching
- Outstanding deep sea fishing
- Four International 5-star hotels
- Water shuttles
- Commercial area
- Championship Polo Club
- Water Sports
- Kite surfing
- Windsurfing
- Scuba diving
- Tennis
- Paddle Tennis
- Cinema
- Duty free Shopping & Designer Shopping
Price and Payment Terms
| Property Type | GBP | EUR | USD |
|---|---|---|---|
| 2 BEDROOM APARTMENT FROM | 210,548 | 307,400 | 421,096 |
| 2 BED VILLA FROM | 225,342 | 329,000 | 450,685 |
| 3 BED VILLA FROM | 244,315 | 356,700 | 488,630 |
| 2 BED TOWNHOUSE FROM | 297,260 | 434,000 | 594,521 |
| 3 BED TOWNHOUSE FROM | 321,918 | 470,000 | 643,836 |
| Installment | Percentage | Expected Date |
|---|---|---|
| Reservation Fee | €8,000 Or £6,000 / US $10,000 | |
| 1st Installment | 30% | Within 28 days of Reservation |
| Final Installment | 70% | On Completion |
NO IVA/VAT
NO PROPERTY PURCHASE TAX
Rental Pool Options
Option 1
Purchasers can opt for an 8% guaranteed fixed rental return*
Option 2
Variable return based on usage
Rental Scheme
8% p.a. Guaranteed Rental Return for up to 10 years*
* 8% p.a. rental return is guaranteed for a minimum of 5 years, mutually renewable thereafter, up to a maximum of 10 years
Personal use of your property is permitted which will alter the annual returns
For Further information, please complete this form and we will get back to you.