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Dominican Republic.
Pueblo Bavaro - Punta Cana
Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.
Mediterraneo II.
Prices from: 1 bed – 45.045€.
2 bed – 64.680€
Reservation: 6000€
Payment Terms: 50% (minus reservation) 1 month from signing contract. 25% 3 months. 25% On Completion. Delivery Sep. 2008.
Highlights: Excellent capital growth. Guaranteed rental. Highly accessible entry level price. After sales service.
Pueblo Bavaro represents one of the best investments available in the Caribbean today.
The Dominican Republic is one of the most economically stable and rapidly growing Latin American economies in the whole of the Caribbean.
Recent free trade agreements with the USA and Canada, coupled with investment from major Real Estate groups and Spanish hotel chains including the Trump Organization (Donald Trump), Melia, Barcelo,NH, and Globalia; the near finalizing of an EU trade deal with CARICOM (Caribbean community), and the DR-CAFTA agreement all show the further consolidation of the Republic’s growing economy.
What does Pueblo Bavaro have to offer to serious investors?
• Very attractively priced investments properties with high capital growth potential in both the short and long term. (15-20% Annual)
• A guaranteed rental package, paid in advance, for headache free income or local assistance in personal rental management thus achieving higher returns.
• 5 minutes from the International Airport and only 10 minutes from the beach.
• Government backing, support and ongoing investment in infrastructure in the region. Expansion and refurbishment of Ports, Airports and Public Transport, new road networks including the new motorway (finished) from Pueblo Bavaro to the International Airport.
• Specifically designed to cater to and benefit from the region's continued growth
• The best year round climate for constant enjoyment. Hundred’s of miles of unspoilt beaches and National Parks.
• Pueblo Bavaro is in the perfect strategic location both nationally and internationally to take advantage of the well established and increasing tourist industry and related economy.
• The area is in continued expansion catering for Hotels, staff and suppliers plus over twenty thousand tourist per week. Pueblo Bavaro is perfectly located to benefit from and cater to this expanding area. The Dominican Republic, already a favourite destination for Spanish tourists, is only a few hours flight time from the USA from where tourism and investment has risen steadily over the last few years.• Pueblo Bavaro is neither a residential complex nor a commercial centre. It is in fact the first planned cosmopolitan Tourist Town in Latin America. Its location and town planning has been deliberately designed to help and profit from the continued growth in the region.
• Covering over three million square metres, Pueblo Bavaro comprises of land set aside for Schools, Markets, Hospitals, Churches, Parks, Police and Fire services. It also boasts a shopping centre with Restaurants, Supermarkets, Chemists, Cinemas, Shops and Night Clubs etc.
• Like any modern town, it offers cable television, internet, power and water services, security and all local council services. It is in fact the only town in the area with its own water treatment plant, aqueduct and drainage.
1 Bed Apartments. 45m2
Prices from 45,045€
• The sale of property was launched in 2004 and is now in its second stage of development. All the development is kept in strict harmony with the regulations for the new town and thus offers the immediate benefits of a property ownership in a brand new town whilst benefiting from further growth.
• Our developments are on specially selected plots and as always, boast excellent finishings, adult and children’s pools, gardens and children’s gardens, private and guest parking and many other features.
2 Bed Apartments. 65m2
Prices from 64,680€
2 Bed Penthouse Apartments. 65m2 + 58m2 Roof Terrace.
Prices from 71,610€
All apartments come with an optional 5% annual rental return.
For higher rental returns Garratt Homes can put you in contact with local rental agents.
Pueblo Bavaro represents one of the best investment opportunities in the Caribbean today. Its privileged location in the heart of Bavaro / Punta Cana, the most visited tourist destination in the Dominican Republic and the largest growth region in Central America the Caribbean, means that no other area has the future investment returns we can offer.
For further information on reservations and viewing trips to the Dominican Republic please contact Garratt Homes.
Tinsa, a Spanish property valuation company used by several high street banks,has signalled that house prices will drop a further 20% over 2009. 01/03/2009
The Euribor, which is linked to the Central European Bank's base lending rate, is set to close the month of December at 3.47%.28/12/2008
Situated in the prestigeous Marbella location of Cabopino. Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 28/06/2008
Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.28/01/2008
Despite starting the year well with property prices rising in all Spanish regions,2007 has ended in December with prices 0.28% below where they started in January. According to Facilisimo.com, the region of La Rioja has been the worst affected, dropping 11.08% to 2159€/m2 , Madrid and Barcelona haven't avoided the falls dropping 2.38% to 3479€/m2 and 3.05% to 3777€/m2 respectively. 05/01/2008
The Euribor, the Central European Bank's base lending rate, is set to close the month of November at 4.60%.29/11/2007
Situated in the prestigeous Marbella location of Cabopino, these high quality south facing residences boast fantastic sea views. Golf lovers can also choose south west facing homes overlooking Cabopino Golf (Par 71). Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 06/09/2007
The Euribor, the Central European Bank's base lending rate, is set to close the month of October at 4.65%.12/07/2007
Resale property prices have fallen for the third consecutive month in thirteen Spanish regions including the province of Malaga.12/07/2007
The Deutsche Bank have issued a report on the Spanish economy entitled Spain 2020, the success story continues.12/07/2007
Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.12/07/2007