Fab Homes in the Sun

Fab Homes in the Sun
House / Home - For Sale - San Felipe de Puerto Plata, Dominican Republic, Caribbean
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Ref: MAN8709 From £395,000
   
Two Rivers Beach Resort  
San Felipe de Puerto Plata, Dominican Republic, Caribbean
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  • Pool: Communal
  • Garden: Communal
  • Position: Coastal
  • Airport: 20 Kms
  • Bedrooms: 2, Bathrooms: 2, Floor Area: 137 sq. mt

    Detached Bali Villas - In true Balinese style, these wonderful villas blend perfectly into our wonderful new resort. You can choose your Bali villa in different settings - Garden, Riverside or Beach. They also come in a range of sizes, with two, three or four bedrooms to match your requirements.

    The Two Rivers Beach Resort is destined to become one of the Dominican Republic's most luxurious 5 star resorts offering first class facilities including sports academy, fitness centre, several swimming pools, bars and restaurants and the Island Sanctuary Spa.

    There's a Diving & Watersports Centre as well as a Kid's Club and Teen Club to ensure your youngsters are happy. It's the perfect location for those seeking a holiday that combines relaxation with the option for plenty of excursions and activities.

    You can choose from studios, apartments and a selection of Balinese, Penang or Thai style villas.

    All properties enjoy the full range of facilities, management and rental scheme which includes a two year 10% rental guarantee followed by a 50% net room rate share.

    The properties are all SIPP-approved so you can use your pension plan to invest and take advantage of the tax benefits available through the SIPP scheme.

    The purchase price of each property is initially set at 35% to 50% below the equivalent local market property price to allow early investors to maximise their return on investment.

    You can reserve one of these stunning properties for just £1,000 and on completion the developer will assist in obtaining finance for the balance due (subject to status).

    Purchase via an offshore company is possible and we can assist with the set up of this. Subject to you own circumstances this may be an appropriate route to make some fairly substantial tax savings. Facilities A concierge service for guests will arrange all sorts of things like restaurant and spa bookings, taxis and sightseeing tours.

    The Sports Academy will offer expert baseball, cricket, football, rugby and tennis coaching for people of all ages and abilities.

    The Fitness Centre will comprise a full range of cardiovascular and physical training equipment.

    The Island Sanctuary Spa at The Hideaway will have indoor and outdoor treatment suites providing a range of massages, beauty treatments and holistic therapies.

    Two Rivers will have several bars and restaurants situated to take advantage of this beautiful location and offer guests a choice of dining experiences, including Trader Vic's.

    Several freshwater swimming pools, including a children's pool, will be situated within the landscaped gardens, all with a concierge service for drinks and snacks.

    The Diving & Watersports Centre will offer PADI tuition, snorkelling, catamaran sailing, kayaking, windsurfing and waterskiing.

    There will be preferred tee time agreement with the neighbouring world-renowned Playa Dorada Golf Club For Children The Kid's Club will provide day care for young children with closely supervised, fun-filled activities, age appropriate toys, puzzles and games.

    A baby-sitting service will be available from 7pm until midnight.

    The Teen Club will allow young adults aged 13+ to enjoy their own lounge with an adjoining games room providing pool, table tennis, tabletop football and a jukebox Local Information The Two Rivers Beach Resort is located on the spectacular north coast - or Amber Coast as it's often referred to - and just a short distance from the popular town of Puerta Plata.

    It's a short walk through the beautifully landscaped gardens to the silky sand beach and swaying palm trees which edge the aquamarine sea. The region is surrounded by lush tropical forests and some amazing scenery; perfect for exploring.

    Two Rivers is ideally located right next to the renowned Playa Dorada Golf Club and just 20 minutes from the Gregorio Luperon International Airport.

    Accommodation Located within the lush tropical gardens of Two Rivers, the villas and apartments are constructed to the highest specifications, using the best quality local materials - tiles, stone and timber from sustainable sources.

    There are studios, one or two bedroom apartments and a wonderful range of Balinese garden, riverside or beach villas and Penang or Thai luxury villas.

    The architecture has a definite South East Asian influence whilst providing contemporary and spacious living accommodation.

    All the villas and apartments are fully furnished with stylish, modern simplicity, featuring stone tile floors and hand crafted Caribbean mahogany furniture. This will all be replaced once every five years - keeping the interior in tip top condition - at no cost to you.

    All rooms are air conditioned and each bedroom has its own shower room. All villas and apartments have an interactive entertainment system with flat screen TV, internet access, stereo, in-room safe and telephone.

    All villas have a private jacuzzi.

    With every property, you have the option to use it free of charge for 30 days each year. Alternatively, you can put these 30 days into the rental programme to generate further income. Payment Terms The exceptionally attractive payment terms make buying one of these properties about as pain free as it can be.

    When you reserve a property you pay a £1,000 reservation fee.

    30% is due within 45 days. This can be funded via a mortgage which the developer will assist in obtaining. The developer will pay the interest payments on this mortgage until completion - the developer reasons that they would be paying interest if they were to raise the finance through a bank, so they pay your interest instead.

    On completion, the developer will assist in obtaining a mortgage for the 70% balance.

    Offsetting your costs, you have ten percent per annum rental income which is guaranteed for two years initially and from year three onwards, you and the resort share 50:50 the net room rate income... forever more.

    The income generated should cover your monthly mortgage repayments and, of course, you have an appreciating freehold asset, too. Important Information Whether you are sure or unsure about investigating the opportunities available to you here, may we recommend you download a free copy of the Dominican Republic Property Buying Report. The report looks at a host of different topics relating to investing in the Dominican Republic - including such things as the factors affecting the region and local area, tourism, room occupancy, payment details, return on investment model, more resort details, etc.

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    Exchange rates 1 XCD = 0.37453 $ 1 XCD = 0.22738 £ 1 XCD = 0.24998 €
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