Prices Increase for Dominican Republic Development
Released on = March 1, 2007, 3:42 am
Press Release Author = Principal International
Industry = Real Estate
Press Release Summary = Now is the ideal time to buy one of the few remaining properties at the Las Canas Beach Resort in the Dominican Republic before the expected price increase in March.
Press Release Body = Now is the ideal time to buy one of the few remaining properties at the Las Canas Beach Resort in the Dominican Republic before the expected price increase in March. The Dominican Republic is a paradise for sports lovers offering the biggest variety of sports in the Caribbean. A boom in adventure sports has made the Dominican Republic a major hot spot.
Paul Cooper, a Director of Principal International, confirmed that there is still limited availability on studio, one bedroom and two bedroom apartments and one, two, three and four bedroom cabanas and villas, but with prices due to rise by at least 10% in March these properties are selling fast.
The property prices on the Las Canas Beach Resort range from £140,000 to £280,000 for apartments and £250,000 to £650,000 for the Cabana style villas.
All properties come fully furnished to a 5 star standard and benefit from a 10% two-year rental guarantee followed by a 5 year 50% room rate share option. Purchasers will also have the opportunity to use their property for 30 days a year free of charge.
This exclusive development, which is due for completion in 2009, will consist of 150 units grouped into a luxury five star boutique style hotel of studios, one and two bedroom apartments, one and two bedroom cabanas and 10 beachfront deluxe plantation houses.
It is possible to reserve a property on this exclusive development for just £1,000 and, by buying before the price rise in March, is a prime opportunity to purchase one of these luxury properties with an instant 10% equity gain.
If you would like to take advantage of this investment opportunity or would like more information on the development and funding package available, please contact Paul Cooper at Principal International on 0800 038 0000.
Web Site = http://www.principalinternational.co.uk