Star Island – Dominic Republic

posted on 20 April 2010

Fantastic Investment Opportunity
Star Island – Dominican Republic

Superb Caribbean Investment Opportunity

From Only £284,977

10 year Rental Guarantee

20% below market value (based on comparables)

Luxurious 2 bed 2 bath apartments -Over 1400 sq ft

Exclusive Water Edge Bungalows -£715,000

30% deposit to exchange

No more to pay until completion

Option 1 – 8% Guaranteed Income For 5 Years.

Example Purchase Price – $425,000 – £242,857

30% Deposit on completion.

70% Mortgage on completion

Cost per annum – $28,957 – £16,547
Annual property insurance – $1,300 – £743
Resort membership annual fee – $1500 – £857

Total – $31,757 – £18,147

8% Guaranteed Yield – $34,000 – £19,427

Surplus – $2,243 – £1,082

(£1 = $1.75)

Option 2 – Receive 70% Of The Rental Pool Income Generated By The Resort Operators

Example Purchase Price – $425,000 – £242,857

30% Deposit on completion.

70% Mortgage on completion

Cost per annum – $28,957 – £16,547
Annual property insurance – $1,300 – £743
Resort membership annual fee – $1500 – £857

Total – $31,757 – £18,147

70% of rental pool income based on weekly average rental and 60% occupancy only throughout the year – $60,554 – £34,602

Surplus – $28,797 – £16,455

(£1 = $1.75)

Typical Return On Investment

Purchase price – £284,615
30% Deposit – £85,385
7.2% equity growth off-plan year 1 – £20,492
7.2% equity growth off-plan year 2 – £21,968
7.2% equity growth year 1 – £23,549
7.2% equity growth year 2 – £25,245
7.2% equity growth year 3 – £27,063
7.2% equity growth year 4 – £29,011
7.2% equity growth year 5 – £31,100
7.2% equity growth year 6 – £33,339
7.2% equity growth year 7 – £35,740
7.2% equity growth year 8 – £38,313
7.2% equity growth year 9 – £41,071
7.2% equity growth year 10 – £44,028
Example Net Rental profit over 10 years* – £87,685
Return on investment = 537% – £458,604

Assumes 70% LTV mortgage, 5 years 8% net rental guarantee and 5 years 70% share of rental pool

White sand beaches, mountain ranges with spectacular rivers flowing through and waterfalls, teeming with exotic wildlife are just part of the Dominican Republic’s appeal. Whether you’re looking to party, relax or explore, the Dominican Republic has a lot to offer. At the heart of Dominican culture, lies music and dance. Listen to bachataand dance the merengue.

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