Dorada Suite

Ref: 76029

Type: Apartment (New)

Location: Puerto Plata , Dominican Republic, Caribbean Islands

Price: 67353.2 to 98833.5 EUR (92000 to 135000 USD)

Size From: 56 m2

1 bedroom, 1 bathroom

portfolio

Pool
Furnished

Distance to beach: On site
Distance to golf course: This development includes 18 hole golf-courses.
Distance to airport: Only 10 mins from Puerto plata airport
Distance to town: Close to the town of Puerto Plata

Guaranteed rent of net 7% for three years.

Development

The benefit of owning a second residence in this resort is the possibility of choosing between sun, golden sand beach, ocean, shopping, excursions, an 18 hole-hole course designed by Robert Trent Jones, Sr. and other beautiful attractions of the area. You can either take advantage of your apartment and the services offered by the complex or obtain an interesting revenue through our rental pool program.

Location

Located on the North Coast of the Dominican Republic, facing the Atlantic Ocean, lies a new proposal to enjoy your free time in the best way possible: acquiring an apartment. Benefit from the flexibility of owning a second residence in a complex that offers the possibility of choosing between sun, golden sand beach, ocean, shopping, excursions, an 18 hole-hole course designed by Robert Trent Jones, Sr. and other beautiful attractions home to the area. You can select the way you take pleasure in your investment, whether it is by taking advantage of your apartment and the services of the resort or obtaining revenue through our rental pool program.

A worry free investment

In Playa Dorada you will find 120 one-room apartments of ca. 56 m2, furnished with a king or two queen size beds, a sofa bed with a typical local style decoration. Furthermore they include kitchenette, wet bar, refrigerator box and microwave. Apartments fully furnished and with flat screen TV An all inclusive food and beverage day pass can be purchased 25 US $ per day Owners may use all hotel facilities including, kids club, beach club, gym etc at no extra charge.

Description of the area

Airport distance: Only 10 mins from Puerto Plata airport
Facilities on site: Beach and private club, Swimming Pool, Jacuzzi , Golf , Spa, Kid's Club, Boutiques, all hotel services, Specialty 2 restaurants

Benefit and services available

Individual Property title
Maintenance Services on site
Complex and hotel security
Gardening and maintenance club
Beach and private club
Wide array of hotel services with special rates
Free Viva Platinum membership for 10 years (Discounts at all Viva Resorts hotels.)
24 hours electricity and water
Access to the Playa Dorada Golf Course with special rates
Casino available inside the complex
Option to rent the apartment through our rental pool program
Specialty restaurants

FACILITIES

• 2 swimming pools; both salt and freshwater
• Jacuzzi, Spa, Gym
• Private jetties
• Scuba diving school
• Diving and water sports shop
• 1 Km private beach
• Supermarkets and shops
• Shopping mall
• Restaurants, bars and a nightclub
• 24 hr concierge, reception and room services
• Amphitheater
• Cinema
• Children’s playground
• 4 tennis courts
• In-house serviced laundry
• Travel and excursion services
• Spa wellness and beauty centers , near to the residences
• Medical and dental services
• 24 hour in house security services with manned gate
• Shuttle service, limo service and car rental
• Wireless internet in all apartments
• Baby sitting
• 18 Hole Golf Course at only 300 mt form the residence
• Our famous shows
• Daily and Nightly entertainment
• Kid's Club
• Boutiques / Stores
• Discothèque

Purchase Costs

Junior Suite Price $92.000 Incl. Furniture pack Deed and Translation $ 2,200.00 Total Cost $ 94,200.00 excl legal costs.

Developer mortgages available on the following terms

Option 1
70% payable directly to the developer over 1 year interest free.
70% payable over 4 years at 5.5% pa

Payment plan

Reservation deposit - 5%
Contract - 25%
3 months after contract - 70% ( see developer mortgages above)

About the Dominican Republic

The Dominican Republic occupies roughly two-thirds of the island of Hispaniola. The land surface area is 48,442 km2, making it the same size as Holland, Luxembourg and Northern Ireland all together. It is bathed by the Atlantic Ocean in the north and the Caribbean Sea in the south. The official language of the Dominican Republic is Spanish; although English, French, and Italian are widely spoken. Presidential system with a Parliament made up of a Chamber of Deputies and a Senate. The President is elected for a period of 4 years. The current President is Dr. Leonel Fernandez, elected in 2004 for a 4-year term. The Dominican Republic has enjoyed continued democracy since 1961 with free elections held every four years and is recognised by several international organisations to be the most politically stable country in the Central American, Caribbean and Latin American region. This political stability is a guarantee to foreign investment.

The Dominican Republic has a sub-tropical climate. However, there are also "micro climates" making it a very diverse country with mountains, lakes, waterfalls, rivers. The average temperature the whole year round is between 18°C and 27°C. It can be said that the Dominican Republic knows only one season: summer. The hottest month is August and the coolest is January. There are "tropical showers" all year round which keep the country green, with lush tropical foliage. The GDP (Gross Domestic Product) for 2006 was +11.3%.

The Dominican government officially welcomes foreign investment in nearly all sectors of the economy. There are no restrictions on foreigners purchasing property, it's a literal tax heaven for property investment in Caribbean. Christopher Columbus discovered the Dominican Republic in 1492, when the island was inhabited by the Taino Indians, who called it "Quisqueya" which means: "Mother of all lands". It was under Spanish colonial rule until it became independent in 1844. Ruled by a series of dictators, the island became the Dominican Republic in 1961. There are numerous airlines with direct regular flights to the Dominican Republic. Flying time from Europe is 8 hours; from New York, 3 hours; from Miami, 2 hours. Direct charter flights go from the U.K. There are 9 international airports on the island.