Location
Punta Cana 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 along over 2 miles of ocean frontage of the Punta Cana region and is the only beach-side real estate available for a development of this quality, magnitude and national importance. 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 upmarket tourism by offering great tax incentives as well as spending millions implementing a modern infrastructure. The Caribbean Highway now under construction, will provide easy access along the coast, making Punta Cana a prime investment destination.
Punta Perla is at the forefront of international property investment, a new generation of international resort property. Situated 15 minutes from Punta Cana International airport, this exclusive resort will be home to every luxury a seasoned traveller would desire. A variety of properties will be interspersed throughout La Marina de Punta Perla, three signature golf courses and along the 3.5 kilometres of white sandy beaches. With an amazingly low density of just 11 people per acre and set in 10 million square metres, there is a private piece of paradise for everyone.
Facilities
* La Marina de Punta Perla
* Three signature golf courses
* Designer shopping
* 3.5 kilometres of white sandy beaches
* Casino
* International spas and beach clubs
* Cosmopolitan restaurants and bars
* Water park
* Wildlife park
* Heliport
* Equestrian centre
* Sports centre
* Extensive parkland with buggy and walking trails
* Natural dolphin aquarium at sea
* Outstanding deep sea fishing
* Four International 5 star hotels
* Water shuttles
* Commercial area
* Championship Polo Club
Sports and leisure activities
* International Spa
* Interactive dolphin experience
* Water sports
* Nature walks
* Horse riding
* Ecological trails
* Whale-watching
* Kite-surfing
* Windsurfing
* Scuba diving
* Golfing
* Tennis
* Paddle Tennis
* Cinema
* Casino
* Duty free shopping
* Championship Polo Club
Key investment points
* The last great investment opportunityin the Caribbean.
* Property in the Dominican Republic is very competitively priced when compared to other Caribbean islands.
* With this development, 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 (Application in process).
* Punta Cana / Bavaro has become the fastest growing tourist area within the Dominican Republic. Punta Cana International airport receives just under 50% 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 demand for more upmarket, residential style accommodation over the traditional all-inclusive hotels. This is leading to major investment in the area as more people realise the potential of this beautiful country in comparison to other 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.
* The Government is currently spending $20,000,000 on an international marketing campaign to attract tourism and investment from around the world to this area.
* High interest bearing US$ 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.
* All Punta Perla properties are Freehold.
Golfing Paradise
The news of the first golf course at Punta Perla follows the signing of an agreement between the developers of the resort, Paraiso Tropical, Worldwide Destinations, Colin Montgomerie and European Golf Design which will create the golf course. It was signed in the presence of the President of the Dominican Republic, Dr Leonel Fernandez Reyna, during the first state visit to the UK by a President of the country at the invitation of Her Majesty the Queen.
Berkshire-based European Golf Design, which was established in 1992 as a joint venture between the European Tour and IMG to provide a golf course design service, has produced successful resort, members’ and tournament courses around the world. Commenting on the plans for the Dominican Republic’s newest resort, Colin Montgomerie said: “I am thrilled to be so closely involved in the design of the first golf course at Punta Perla.
At Punta Perla, the three signature courses, each with their own clubhouse, will be at the heart of the resort. A Golf Academy will assist first-time golfers as well as experienced players wishing to improve their game. Purchasers of properties at Punta Perla are automatically entitled to become members of the resort’s golf club.
Rental schemes
Punta Perla is already attracting the attention of the world’s leading tour operators. With nearly three million tourists visiting the country every year, competition is fierce to secure this rare property rental opportunity. Punta Perla will set a new standard of facilities and accommodation for tour operators to offer their clients - enabling them to enjoy a unrivalled holiday experience on this amazing island.
Punta Perla will run its own rental pool system to take advantage of this demand and at contract will offer every purchaser the opportunity to turn a dream home into a dream investment.
Two rental pool options are available. Purchasers can opt for an 8% guaranteed fixed rental return* or a variable return based on usage. |
