Two Bathroom, Two Bedroom Apartment - Flat - Punta Cana | Dominican Republic - Ref 491368
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Apartment/Flat Description
Why Invest in Macao Bay Apartments?
Low price for large apartments in luxury resort
Penthouses and 2 bed 2 bath apartments
20% capital growth year on year
Great leverage 70% Loan to Value mortgages available so expect cash back on completion
Guaranteed minimum of 7% return in the first year after completion, being offered as a discount off price
Onsite Rental and Management Company
Huge rental potential from both residential and holiday lets
Dominican Republic is an all year round season
Beautiful beach just 4 minutes away
Macao is becoming one of the premier locations for property investment from both locals and tourists alike.
New motorway currently under construction connecting Macao to major cities, making it a main escape haven for the business fraternity.
Macao is attracting high end tourism projects, the luxury world class ROKO KI Resort is only three minutes away from Macao Bay Apartments
20 minutes from Punta Cana nternational Airport
Due diligence by Max Gold has been thoroughly done on this resort and full planning consent has been granted.
Why Invest in the Dominican Republic?
The Dominican Republic is the most popular tourist destination in the Caribbean with over 4.5 million visitors in 2007 and a 15% increase expected in 2008.
Low Cost flights now available from Major European Cities
The potential of a 12 month rental season
Property prices still remain low compared to the rest of the Caribbean
Summary on Macao Bay apartments
Macao Bay Apartments is a boutique development of 80 apartments within Brisas de Macao and a first phase release is of 18 standard apartments and 6 penthouse apartments with roof terrace and Jacuzzi. The Site will be part of a larger development but will essentially be an exclusive and private development within the residential area. This will be a gated community with 24 hour security for complete peace and convenience.
Summary on the surroundings
If you want to get away from it all then Brisas de Macao is the right place for you. Experience the serenity and peace of being part of a small gated community with 24 security, pool area with gazebo and a large communal park and recreational area. Totally surrounded by the stunning natural beauty of the Dominican Republic. Macao Bay Apartments sits in a quiet and discreet part of Punta Cana near to Macao Bay. The surrounding land is a mixture of lush vegetation and planned residential developments, over 80% of the land surrounding the development is sold to private developers or local hotels and in five years time the area will be the top residential area in Punta Cana. At Macao Bay Apartments you have the beautiful Macao bay beach just four minutes away and the new motorway that links the capital of Santo Domingo with Punta Cana just 5 minutes away. Shopping and dinning are in abundance in the main Punta Cana area just 10 minutes away, there is a designer 27 hole golf course planned for the 2009 and you are located just a 5 minute drive from the new Roko Ki luxury complex.
This project offers outstanding capital growth opportunities within an incredibly tranquil setting achieving the perfect balance between investment potential and living harmony. The 70% LTV mortgage will offer the investor a good cash back on completion and with the first years 7% being offered as a discount off the price this is a truely amazing deal. It is true to say that with 12 months of sunshine guaranteed and temperatures ranging from 21 to 32 degrees a full rental term is possible As the area continues to develop back from the beach, house prices will inevitably rise and with the new motorway making this an easy commute to the main commercial area of Bavaro there is set to be considerable pressure on housing demand. This area will very quickly become a favoured suburban retreat from the business of mid town Bavaro and as such rental opportunities are excellent.
Price Examples
2 bedroom apartment at 105m2 ranges between $199,000 - $210,000
2 bedroom penthouse at 210m2 are $235,000
Payment Plan
$5000 reservation deposit
25% on signing of contracts
25% on foundations and wall mounting completion
50% on completion
Available Finance - please call for further information.
70% LTV mortgages
Inspection Trips - Available please call for further information
Exciting incentives - call for further information
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Approximate price of this 2-Bed Unknown
€158,616 EUR |
£126,941 GBP |
US$199,000 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
2 |
| Bedrooms |
2 |
| Build Size |
105 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Property Characteristics
- Pool: Large, on sight
- Garden: Large, on sight
- Parking: on sight
- Distance to Beach: less than 5min walk
- Distance to Shops: less than 5 mins walk
Map of Punta Cana, La Romana, Dominican Republic
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Price: US$199,000
Currency in Dominican Republic
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Latest Property News in Dominican Republic
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Price of Property in Punta Cana, Dominican Republic
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Punta Cana |
Punta Cana |
Punta Cana |
* Calculations based on 0 properties for sale in Punta Cana and 0 properties for sale in Dominican Republic |
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