You Can Get Started Investing With Us For Just US$23,800
When our sales consultants are discussing our real estate products with potential buyers we ask them a lot of questions.
We want to learn about the buyer’s current situation along with their investment objectives.
Some of the questions that we’ll ask include:
- What’s your investment budget?
- Are you looking for cashflow, capital appreciation, or both?
- Are you looking for immediate returns or something more long term?
- What are your diversification objectives (currency, country, asset type)?
- What is your desired level of returns?
- What’s your risk tolerance?
- Are you looking for a second residency or citizenship?
- Are you considering living in the Dominican Republic part-time or full-time in the future?
The answers to these questions help both, our consultants and prospective buyers.
We’re able to recommend (and the prospective buyer will be able to determine), with a good degree of certainty, the investment product that fits best into their portfolio based off their current situation, needs, objectives, and goals.
All of our property investments give you diversity in terms of location and currency. And, from a rental income perspective, you’re diversified with regards to your rental pool (tourists, retirees, digital nomads).
Sometimes we’ll get clients with a limited investment budget. Or this is their first real estate investment abroad and they want to start small.
The good thing is we’ve got investment products that do not require a huge initial investment. Plus, we offer developer financing where you put 20% down at signing, with 60% to be paid quarterly during construction and the remaining 20% due on delivery of your unit.
For investors with a limited budget or just looking to start out small here’s four investment products that we’ve got all with units starting out at less than US$200,000.
Investment #1: Coral Bay
Price: $135,000 plus furniture package
Minimum Investment: $27,000 down payment
Coral Bay, our newest project, is a 45-unit complex situated in the luxury, master-planned community of Cana Bay.
In addition to the complex’s amenities which includes two, contemporary-styled pools and a social area, Coral Bay residents will have access to amenities of the Cana Bay including a private, oceanfront beach club, tennis and paddle courts, a wellness center and spa, and an eco-park. Further, residents will enjoy exclusive access to the facilities (a golf course, casino, and nightclub) of the neighboring Hard Rock Hotel.
The prices for the remaining units start at US$135,000 for a 69.65-square-meter (750-square-foot) one bedroom unit and US$179,000 for two-bedroom units sized at 114.67 square meters (1,234 square feet).
At the moment, out of the 45 units being offered, only 22 remain.
This investment is ideal for an investor looking for short-term rental cash flow. You’ve also got a capital appreciation play here given that you’re getting in at pre-construction pricing.
Investment #2: Paseo Playa Coral
Starting Price: $189,000 plus furniture package
Minimum Investment: $37,800 down payment
Paseo Playa Coral is situated just 80 meters from Bávaro beach, recognized as one of best beaches in the world by UNESCO.
It features a state of the art Natursand pool with large poolside cabanas with direct access to the beach. Further, residents will have access to the Playa Coral beach club kitted out with a rooftop pool with ocean views along with several boutique restaurants.
This project is nearly sold out.
Of the 76 condos offered only seven units remain.
The one-bedroom units, each with their own private terrace, range from 83.09 square meters (894 square feet) to 103.73 square meters (1,116 square feet).
The remaining units in Paseo Playa Coral start at US$189,000 and go up to US$235,000.
The location of this complex is one-of-a-kind. Given the proximity to the beach, you’ll be able to command higher rental rates and the demand for your unit will always be there.
Investment #3: Paseo de Cocotal
Starting Price: $179,000 plus furniture package
Minimum Investment: $35,800 down payment
This exclusive, 18-unit condo complex is situated within the Cocotal Golf & Country Club in heart of Bávaro.
It features 18, two-bedroom condos ranging in size from 125.76 square meters (1,324 square feet) to 138.80 square meters to (1,494 square feet).
Residents in Paseo de Cocotal will enjoy a club house, fitness center, tennis court, golf course, pool, trails for biking and walking, and a mini-market. In addition to that, residents will have access to Meliá Caribe Tropical resort hotel.
The prices of the units start at US$179,000 and go up to US$199,000.
The golf course is the draw here which means the segment of renters that you could target will range from retirees, for long-term rental, and, to golf lovers, visiting for a couple of days.
Investment #4: Coral Village II
Starting Price: $119,000 plus furniture package
Minimum Investment: $23,800 down payment
Located in downtown Bávaro, Coral Village residents enjoy easy access to a supermarket, local shops, restaurants, and nightlife. To boot, it’s just minutes from the beach.
The Mediterranean-styled complex offers one and two bedroom units from 69.51 square meters (748 square feet) up to 204.93 square meters (2,206 square feet).
It features a large courtyard area with two large pools perfect for entertaining friends and family.
The prices at Coral Village start at only US$119,000 for a one-bedroom and go up to US$223,000 for a two-bedroom with a rooftop terrace.
Not everyone can afford to rent out an beachfront condo or stay in an all-inclusive resort. These units, however, provide tourists with a lower cost alternative.
To make a reservation or to learn more about one of four investment options mentioned above, get in touch with one of our sales consultants at [email protected]
Until next time.