Property in Dominican Republic - Las Canas Beach Resort
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Floorplan
Las Canas Beach Resort Domincan Republic
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When Christopher Columbus, the Dominican Republic's first tourist, stepped ashore over 500 year ago, he marveled at the spectacular natural beauty of its mountainous peaks, verdant valleys, spectacular waterfalls and breathtaking palm-fringed beaches. With an average temperature of 28 degrees, more than 300 sun-filled days every year and warm, clear, turquoise seas make this the perfect place to just lay back and relax on the beach or enjoy the vast array of water sports available.
Las Canas Beach Resort is located on the stunning north coast of the Dominican Republic, 10 minutes from Cabarete and just 20 minutes from the Gregorio Luperon International Airport at Puerto Plata.
Resort Amenities:
- The Las Canas Reception will provide a concierge service for guests to arrange restaurant and spa bookings, taxis and sightseeing tours.
- The Harlequin Sports Academy will offer expert baseball, cricket, football, rugby and tennis coaching for people of all ages and abilities.
- The Harlequin 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.
- Las Canas will have several bars and restaurants situated to take advantage of this beautiful location and offering guests a choice of dining experiences, including Trader Vic's - click here for more about 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, snorkeling, catamaran sailing, kayaking, windsurfing and water skiing.
- The signature 18 hole golf course will be designed by a golfing legend and provides a challenge for all levels of golfer.
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.
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Image Gallery:
Apartment Block with Pool
Beach Side Restaurant
Beach Area
Why Invest in the Dominican Republic:
The Dominican Republic is a major tourist destination for sun seekers and thrill-seekers alike.
There is a huge demand for hotel accommodation as it is increasing in popularity as a tourist destination.
There are currently very few 5 Star resorts in the Dominican Republic.
The Dominican Republic is a safe investment with opportunity for profit because:
- it is far from fully-developed
- property is very competitively priced compared to many Caribbean islands
- property prices are set to rise
The Dominican Republic has tax-free status – no buying taxes, capital gains tax and inheritance tax.
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Return on Investment Forecast:
2 Year 10% Annual Rental Guarantee On Completion
On completion all properties within the las Canas Beach Resort can enter into the rental scheme which guarantees a 10% rental return in the first two years of operation, whilst allowing the owner 30 days free usage.
The 2 year 10% rental guarantee will provide each investor with a positive cash flow from the moment the resort opens, irrespective of occupancy levels.
Investors in the Las Canas Beach Resort will enjoy a guaranteed 10% rental return for the first 2 years and then 50% of the net profit made from the room rental thereafter*. Please see rental profit forecast below:-
Studio Apartment:
| Purchase Price | Room Rate | Occupancy | Nights | Gross Revenue | Services (10%) | Net Revenue | Owner % | Net Return | Yield |
| £105,000 | £200 | 85% | 310 | £62,050 | £6,205 | £55,845 | 50% | £27,923 | 27% |
| £105,000 | £200 | 75% | 274 | £54,750 | £5,475 | £48,545 | 50% | £24,273 | 23% |
| £105,000 | £200 | 65% | 237 | £47,450 | £4,745 | £41,245 | 50% | £20,623 | 20% |
| £105,000 | £200 | 55% | 201 | £40,150 | £4,015 | £33,945 | 50% | £16,973 | 16% |
| £105,000 | £200 | 45% | 164 | £32,850 | £3,285 | £26,645 | 50% | £13,323 | 13% |
Room rates are realistic for 5 star hotels in the Dominican Republic. Occupancy are expected to be upwards of 75% for this resort.
* Rental yields are provided for illustration only
Price List:
| Ground | First | Second | Third | |
| Studio | £105,000 | £110,000 | £115,000 | £120,000 |
| Studio Suite | £125,000 | £130,000 | £135,000 | £145,000 |
| 1 Bedroom | £150,000 | £155,000 | £160,000 | £165,000 |
| 2 Bedroom | £175,000 | £180,000 | £185,000 | £190,000 |
| 2 Bed Wrap | £205,000 | £210,000 | £215,000 | £220,000 |
* prices are set to increase by 5% on 1st January 2010
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For further information including the latest availability and prices for this development please contact one of our sales team:
