Occupying 70% of the largest Caribbean island, the Dominican Republic is a truly tropical paradise, offering fantastic whites sandy beaches and lush tropical suroundings, it meets most peoples idea of what a luxury holiday destination should be.
Punta Cana is the island's premier tourist area and is well served by the Dominican Republic's principal airport. There is a wide selection of facilities on offer including restaurants, bars, clubs and nightspots, plus family orientated attractions such as shopping, sunbathing and watersports, or why not enjoy one of many golf-courses that surround Puta Cana.
Punta Cana -White sandy beaches
Punta Cana is blessed with 17 kilometres of beautiful white sand and crystal clear azure water, and two new water parks are planned, adding to the appeal as holiday destination.
Punta Cana is the perfect atmosphere for families, couples or friends who are looking for a resort-style holiday. Add a perfect climate, low cost of living, healthy cuisine and friendly people with relaxed attitude, Punta Cana is set to become one of the most popular and thriving holiday destinations not only in the Caribbean, but worldwide.
The year round ideal weather, flight time of just 8 hours from Europe, makes Punta Cana the ideal place to invest.
Swaying Palms, Punta Cana, Dominica Republic
One bedroom apartments
From just $13,500 down (about £8,500) and no closing costs
Residential & Holiday Resort
This fabulous resort has been completely refinanced with Bank of America to enable clients to purchase one of these superb apartments with just 10% deposit.
The refinancing package is with one of Americas most trusted and established banks, the Bank of America, and has enabled Saffron VIP to negotiate this very competitive offer.
You can purchase with just 10% deposit, as the developer will meet the other 10% making the 20% required. There is an 80% status mortgage on completion, and a rental guarantee of 7% per year for 5 years which should meet the mortgage costs - even on a full repayment mortgage.
There are no closing costs, and the price of the apartment includes a "key ready" luxury furniture pack making this a truly competitive offer.
There is 4 weeks holiday usage per year if you opt for the rental guarantee scheme, and for those who like an exit strategy, there is a guaranteed buy-back at 3 years of 115% and 5 years of 125%.
Choice of 1 bedroom 1 bathroom apartments & 2 bedroom, 2 bathroom apartments and penthouses
All apartments come fully furnished to the highest standards
Only 10% deposit required, nothing else to pay.
All closings costs paid for by developer
Full due diligence completed by Max Gold Partners London
7% per year rental guarantee for 5 years
Guaranteed exit route at 3 years of 115% of purchase price
Guaranteed exit route at 5 years of 125% of purchase price
4 weeks personal usage
Location
Swaying Palms is located in the exclusive Punta Cana area and is set to become its premier residential and holiday resorts offering owners unrivaled ownership benefits. For investors who are seeking exceptional capital growth, The Dominican Republic property prices has not suffered in this global economic downturn and the banks are predicting about 10 -12 % captial growth per annum.