Swaying Palms - Apartments, 2 bedroom apartments for sale in Dominican Republic
Price range of: £88,000 - £129,000
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Property Description
Located just a stones throw away from the Melia Palma Real Villas Hotel and just 15 minutes from the Punta Cana International airport, Swaying Palms is set in the hottest growth development area of the Dominican Republic.
Onsite are over 416 residencies split between 2 and 3 bedroom apartments and 3 bedroom luxury townhouses.
The feeling within the community is to be that of one in a mediterranean village with large open roads, beautifully finished walk ways and landscaped gardens. There are several recreational sports and dining zones for the enjoyment and convenience of the residents and guests.
A free shuttle will be available to the exclusive and private Jellyfish Beach where residents can enjoy a 15% discount on all food and drink.
The Swaying Palms ownership card also entitles entry to 5 different signature golf courses locally as well as discounts in a variety of shops and stores.
Investment Highlights
- First phase sold out in 6 weeks!
- Free shuttle to beach club
- Discounted shopping / Dining
- No Capital gains tax
- No tax on rental income
- Projected growth of 220% over 5 years
- 8% Rental guarantee
- 20% capital growth for past 5 years
- 8 weeks free usage
- Due Diligence from Max Gold International property lawyers
- Entry level units just $ 140,000
- Pre-approval of financing
- Multiple flexible payment terms
- Pre-construction prices 30% below market value
- Developer buy back guarantee
- Free entry to signature golf courses and Tennis club
Completion
Phase 1 - November 2009Phase 2 - Mid 2010
Phase 3 - End 2011
Type of Units
Pool and Garden view apartmentsSize
105m2 - 210m2Prices
$ 140,000 - $ 215,000Scheduled increase end of Nov 08
Financing
Up to 70% on completionDown Payment
30%Local Taxation
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