Property in The Dominican Republic

'The' Caribbean off plan property investment in The Dominican Republic. The Dominican Republic is one of the most beautiful Caribbean destinations and is also one of the most exciting emerging property markets in The World. Government incentives to attract high quality sustainable tourism continue to successfully revitalise the countries economy and industry.

The properties comprise of apartments, bungalows, townhouses, villas, penthouses and founders plots set in 2700 acres of the most stunning beach front real estate left in the Caribbean with 3.5km of white sandy beaches. A Low density build, averaging 11 people per acre (based on all properties having 3 people in at any one time) ensures resort style living has not been compromised.

The financial incentives are proving to be a huge incentive confirmed by the interest, demand and uptake of properties sold to date with marina properties already sold out. Amongst the incentives is a guaranteed rental income yield of 8% for 5 years (net of management fees) and rernewable. 10 years of tax incentives and furthermore no tax on rental income. There is no capital gains tax and no property purchase tax (normally 4.6%) to pay. Pre-launch prices are still available (many expected to increase by as much as 25% before the end of the year).

As if the resort style living and lifestyle weren't enough the leisure attractions confirm the development as an opportunity not to be missed. These include 3 Signature golf courses, Golf academy, Marina with over 400 moorings, Equestrian centre and Polo Field, Sports club and tennis academy, Beach Club and international Spa, Commercial centre (featuring cinema etc), Colonial style leisure area featuring chic bars and fine dining, Aqua park, Casino, Business Centre and Medical centre.

Prices start at just $204,000 for a one bedroom apartment in Tropical Village. Two bedroom golf apartments are available from $392,000. Exclusive apartments on Star Island, located in the centre of the marina, are available from $576,000. While Star Island water bungalows, with a private mooring, are available at $1.4 million. A guaranteed 70% mortgage is available on completion; 30 months after contract.

Major Attractions:

· 3 signature golf courses; including one designed by Colin Montgomerie
· Golf academy
· Marina with 400 berths
· Tax-free designer retail shopping
· Equestrian centre and polo field
· Tennis club
· Beach club and international spa
· Commercial centre (including a cinema)
· Colonial style leisure area featuring chic bars and fine dining
· Aqua park
· Casino
· Business centre
· Medical centre

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