Las Canas Beach Resort, Dominic Republic
From £75,000
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Las Canas Beach Resort offers the chance to invest on the stunning North Coast of the Dominican Republic in a luxury 5* beach resort offering white sand beaches and a magnificent landscape. Las Canas Beach Resort offers a hassle free investment which is managed for you. Investors in the project now have the ability to more than double their initial deposit before completion. Your chance to reserve now at pre-launch prices with just £1,000 down.
- Front Line Beach Location
- Selection of Studio & Apartment Suites, Villas and Water Bungalows
- Pre-launch prices
- 30% Deposit with no further payments until completion or £1,000 down with no further funds down (subject to conditions)
- 70% Guaranteed mortgage at completion
- 10% Rental Guarantee for the first 2 years from completion, followed by 50% net room rate share there after
- 30 days free usage per annum
- Managed by a World Renowned Hotel & Resort Management Group
- No buying taxes, capital gains tax and inheritance tax.
- Politically, economically and socially stable country.
- Multi-phase development
- Eco friendly resort.
- All rooms are air conditioned and fully furnished to a 5 star standard
- New planned 18 hole PGA golf course
- The Water Bungalows give this project an edge
- All properties freehold
- Luxury Spa and Fitness Centre with several fresh water Swimming Pools
- Major tourist destination for sun seekers and thrill seekers alike
- Just 30 minutes from Gregorio Luperon International Airport at Puerto Plata
- Completion due 2011
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Description^ top
Las Canas Beach Resort is located on the Northern Coast of the Dominican Republic which occupies the Eastern two thirds of the island of Hispaniola. The development is a luxury 5 star resort set directly on a white sandy beach just 30 minutes from the International Airport of Puerto Plata and close to the tourist towns of Caberete and Sosua. The development site measures 600 acres in total and boasts 4 km of palm fringed beach.
The Las Canas Beach Resort will encompass a luxury spa and wellness centre as well as a range of facilities from Gymnasium, Swimming Pools, Tennis Courts, Kids Club, Shops, and restaurants.
The spirit and charm of the island is captured in its music and food. Even the museums and archaeological sites are vibrant bringing the daring history of the Dominican Republic with antique treasures and dazzling jewels. Outdoor activities like golf, snorkelling, and windsurfing, kite boarding and boating are a thrilling way to experience the land and sea.
Las Canas Beach Resort offers the opportunity to invest from a range of properties from sumptuous Spa Villas, Apartment suites and stunning Water Bungalows set on stilts out into the crystal clear waters just off the shore. Investors can be safe in the knowledge that whilst they are not using their property their investment is managed for them by a world renowned resort/hotel group who will be managing the resort and providing maximum occupancy and high rental yields.
Location^ top
Las Canas Beach Resort is located on the North Coast of the Dominican Republic only 30 minutes from the Gregorio Luperon International Airport at Puerto Plata just outside the tourist towns of Caberete and Sosua. Direct flights are available from the UK and the USA making the DR easily accessible.
Properties^ top
The development will consist of around 650 properties with a range of studio and apartment suites that will be grouped together to encompass a boutique style hotel. In addition a range of luxury 2, 3, 4, 5 and 6 bedroom villas are available. 1 and 2 bedroom Spa Villas located within the Island Sanctuary Spa are available. Off the shore of Las Canas are the Water Bungalows. All properties are fully furnished to 5 Star standards with stylish, modern simplicity, featuring stone tile floors and hand crafted Caribbean mahogany furniture. All properties include air conditioning, interactive entertainment system including LCD TV, internet access, stereo, personal in-room safe and telephone.
Amenities^ top
- Fresh water swimming pools
- All rooms are fully air conditioned
- Spa and Fitness Centre
- All Villas have a private Jacuzzi
- Luxury Spa
- Gymnasium
- Kids Club
- Restaurants
- Shops
- 4km of palm fringed Beach
Payment Schedule^ top
Investors have 3 choices on how to finance their investment at Las Canas Beach Resort:-
Option One - Stage payments
You make your stage payments as and when required during the build. Finance comes from your own funds or alternative mortgage arrangements.
£1,000 Reservation Fee
30% Deposit (less reservation fee)
10% within 14 days
20% within 30 days
25% at the foundation stage
25% on the completion of raw construction
15% on finishing works
5% on completion
You make your stage payments as and when required during the build. Finance comes from your own funds or alternative mortgage arrangements.Option Two - 70% Mortgage
You take out a developer secured 70% off plan mortgage and make your interest payments as and when they are due over the build.
£1,000 Reservation Fee
30% Deposit (less reservation fee)
10% within 14 days
20% within 30 days
25% interest only (9.75%)
25% interest only (9.75%)
15% interest only (9.75%)
5% interest only (9.75%)
70% Loan to Value MortgageOption Three - 100% Finance
You pay nothing until completion, rolling up the stage payments and interest payments until completion whereby a remortgage pays the outstanding amounts.
£1,000 Reservation Fee
30% Deposit (less reservation fee)
Developer makes your repayments on the initial deposit until completion
25% interest only (9.75%)
25% interest only (9.75%)
15% interest only (9.75%)
5% interest only (9.75%)
70% Loan to Value Mortgage
+ Deposit repayments
+ Interest on stage payments
With regards to taking out the 100% mortgage, investors will have the choice whether to pay the interest in stage payments or to defer them on to completion.
On completion, the property is predicted to have increased by more than enough to cover the interest accrued and 30% financed deposit, into the 70% loan to value mortgage (as above).
This is achievable through future capital growth, coupled with the instant equity gained by purchasing at these off-plan prices.
Enquire Now^ top
For further information, please complete an enquiry form or telephone 0845 130 9011 or +44 (0) 121 314 8110 (if outside UK)
