Lot/Land for Sale in Punta Cana, Dominican Republic
New Release, 300 Sqms Land Plots Guaranteed Buy Back 167%
This is a fantastic investment opportunity that proved to be a winner with our investors on its previous release. The Dominican Republic government will offer the developer tax relief if they agree to provide land plots within the Swaying Palms development. The developer is releasing these land plots at cost, knowing that the price of these land plots will rise in price dramatically over the next couple of years so is very confident that the 167% guaranteed buy back is more than realistic. Your exit route is therefore guaranteed after 2 years.
The Resort
Swaying Palms is just a 5 minute drive inland from Punta Cana on the east coast of the Dominican Republic, and is set to be one of Punta Cana’s premier tourist resorts. It consists of 416 properties; including 320 apartments of various sizes and 96 three bedroom duplex townhouses. There will also be a wealth of swimming pools, bars and restaurants, tropical gardens and private areas to simply escape to. It will be fully gated and with 24 hour security for peace of mind.
The Offer
The Developer is offering clients the opportunity to purchase either 300sqm land plots with planning permission and an optional 167% buy-back. These plots are part of the Swaying Palms resort, and are the only villa plots available on the resort.
Once you have purchased a plot, you have a choice:
• If you want to build a villa you can
• If you want to sell the plot to the local market you can
• If you want to exercise the 167% buy-back guarantee you can
It is a very open deal allowing clients change strategy as they see fit, whilst all the time having the comfort of the developer’s buy-back in place.
Background
By incorporating the Land Plots into the Swaying Palms resort, the developer is entitled to a number of “tax breaks” offered by the Dominican Government. This is only true when all the Land Plots are sold, which is why the developer’s offer is so competitive.
All the previous land plots were sold out very quickly, and on this new release as the buy back is exactly the same we anticipate a huge take up on these land plots.
INVESTMENT NEWS
The developer will obtain a full residency card for all buyers who wish to become residents and all legal costs connected with this will be paid by the developer. A residency can be obtained within a period 6-9 months and can be accomplished by owning a property within the Dominican Republic. Also a visit to the capital Santo Domingo is essential to visit different Government departments and produce photos for the identity card.
For those Clients who wish to move eventually to live in the Dominican Republic the developers Lawyers can also assist in obtaining a Dominican Passport but the client must have been a resident card holder for at least two years before the process can begin and it will normally take a further six months to obtain the passport.
We hope this financial benefit which would normally equal a minimum of $1,000 will be of interest to you if you live outside of the Dominican Republic.
Call us or e-mail us for more details
About This Property
Category
Lots/Land
Sold by
Agent
Reference
Land Plots situated in the Dominican Republic
Address
Punta Cana
Dominican Republic
Dominican Republic
Features - Amenities
- Ocean View