DOMINICAN REPUBLIC PROPERTY: PUNTA PERLA

New development of luxury 2 bed villas, 3 bed bungalows and apartments prices: 342, 360.95€/£236,111 To: £463,193

Punta Perla is at the forefront of international property investment. Situated fifteen minutes from Punta Cana International airport, this exclusive resort will be home to every luxury a seasoned traveler would desire.

A variety of properties will be interspersed throughout the Italian themed marina, two signature golf courses and along five kilometres of beautiful beach. With an amazingly low density of just 7.05 people per hectare and set in eight million square metres, there is a private piece of paradise for everyone.

Punta Perla offers a range of properties, including: golf villas, inland pueblos, island, beach and marina apartments as well as multi-million dollar beach side villas. Varying in both size and design, the architects have created a cosmopolitan feel, with the homes being built to the highest standards of construction and finish. Each property has been positioned to take advantage of the beauty of its natural surroundings, blending in with the natural contours of the land.

The Punta Cana region 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 within 2000 acres of Punta Cana and is the last beach-side real estate available for a development of this quality and magnitude.

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 up market tourism by offering great tax incentives as well as spending millions implementing a modern infrastructure.

The Caribbean Highway which has recently been constructed will provide easy access along the coast, making Punta Cana and Bavaro a prime investment destination.

• Italian-themed marina
• Two signature golf courses
• Tax free shopping mall
• 5 kilometres of unbroken beach
• International spa and beach clubs
• Casino - Cosmopolitan restaurants & bars
• Water park
• Wildlife park
• Heliport
• Equestrian centre
• Sports centre
• Extensive parkland with buggy and walking trails

Key Investment Points

• 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
• Punta Cana / Bavaro has rapidly become the fastest growing tourist area within the Dominican Republic. Punta Cana International airport receives 47% 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 move towards more up market, residential style accommodation over the traditional all inclusive hotels. This is leading to rapid investment in the area as more people realise the potential of this beautiful country in comparison to other more established 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 microclimates, 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, making travel easier than other similar locations
• The Government is currently spending $20,000,000 on an international marketing campaign to attract tourists from around the world
• High interest bearing US$ 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

Available Properties

• 2 bed, 2.5 bath villa. 110 sqm constructed and 50 sqm terrace on a 500 sqm plot.
• 3 bed, 2.5 bath bungalow. 200 sqm constructed and 70 sqm terrace on a 1000 sqm plot.

Property Features

• Swimming Pool: Private
• Garden: Private
• Air-Conditioning: Yes
• Parking: Yes
• Close To Amenities: Yes
• Beach/Coastal: Yes
• Golf Nearby: Yes