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Punta Perla

Dominican Republic

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Villas, townhouses, apartments and bungalows

1-3 bedrooms

From US$270,000

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Luxury Homes & Real Estate - Villas, Townhomes, Penthouses and Apartments

Punta Perla, Dominican Republic

Punta Perla is a master planned overseas investment property envisaged to become one of the world’s finest resorts offering villas, townhouses, apartments and bungalows and world class facilities including three signature golf courses. It is situated in approximately 2,700 acres (10.2 million sq metres) of prime beachfront land in the Punta Cana region on the Eastern tip of the Dominican Republic. The site has 3.5 kilometres of beachfront and stretches inland for 5 kilometres. With an amazingly low density of just 11 people per acre and set in 10 million square metres, there is a private piece of paradise for everyone.

12 Reasons to invest in Punta Perla

  1. Set in 2,700 acres with 3.5 km stunning white sandy beaches
  2. 8% guaranteed rental yield for up to 10 years (net)
  3. Amazing facilities including marina, signature golf courses, casino, Spa, water park, wildlife park, heliport, equestrian centre, four international hotels.
  4. 30 - 180 days usage rights
  5. 10 years of tax incentives: No tax on rental income; No capital gains tax; No property purchase tax
  6. Pre-launch prices; prices will increase by an average of 25% later this spring
  7. 70% finance available
  8. Six Property Awards
  9. Amazingly low density of just 11 people per acre
  10. Freehold
  11. Great selection of residences: apartments / bungalows / townhouses / villas / penthouses / founders plots
  12. Buyers can sell their residence prior to completion

Exceptional Range of Residences

Punta Perla offers a range of properties including: Star Islands Bungalows and Apartments, Townhouses and Apartments, Caribbean, Tropical and Colonial Villages, Marina and Beach Apartments.

Tropical Villages

The villages offer you a range of villas and townhouses in their own self contained community. The properties, which are designed into six distinct village styles - Modern, Spanish, Colonial, Mexican, Caribbean and Modern II – are set around a number of communal swimming pools, with the added benefits of lush gardens, a health spa and sports centre, large central pool complex, retail areas, restaurants and bars.

Type Area (living space+outdoor) Price
1 bedroom villa 78m² + 10m² US$270,000
2 bedroom townhouse > 81m² + > 10m² US$373,000

Golf Apartments

Each home offers stunning aspects of beautifully manicured fairways and beyond. Each building is arranged around private tropical gardens and swimming pools, which lead onto the golf course.

Type Area (living space+outdoor) Price
2 bedrooms > 152m² + > 66m² US$390,000
3 bedrooms > 104m² + > 47m² US$490,000

Marina Apartments

From the rear terrace you can watch the leisurely pace of Punta Perla and from the front look over the buzz of marina life.

Type Area (living space+outdoor) Price
2 bedroom apartments >120m² + > 50m² US$675,000
2 bedroom penthouses >130m² + 108m² US$790,000

Star Island Apartments

The private gated community of StarIslands offers one of the most prestigious positions within Punta Perla. Access is available only to owners and their guests who benefit from a private Spa Club with magnificent views.

Limited to only 66 exclusive apartments, set on a private island yet within minutes of the amazing facilities of the resort.

Type Area (living space+outdoor) Price
2 bedroom apartment 135m² + >26m² US$555,000
2 bedroom penthouse 186m² + 87m² US$809,000

**All prices include compulsory $10,000 resort membership deposit**

All residences at Punta Perla are built to the very highest standard including:

  • Marble and solid wood flooring throughout
  • Jacuzzi/Splash Pool (except the residences in the Tropical Village)
  • Air Conditioning
  • Built to Florida Hurricane Standards
  • Kitchen appliances
  • Parking

All the residences come with the equivalent of the NHBC 10 year guarantee.

Multitude Resort Facilities and Service

This 10 million square meter resort is the epitome of luxury and its provision of world class sports and leisure facilities will be second to none.

  • 3 signature golf courses
  • Golf Academy
  • Marina with about 400 berths
  • Tax-free designer retail
  • Equestrian centre
  • Tennis club
  • Beach Club
  • Water sports
  • Championship Polo Pitch
  • Sports centre
  • International Spa
  • Commercial centre including cinema
  • Yacht Club
  • Restaurants and Bars
  • Water park
  • Eco Trails
  • Scuba Diving
  • Paragliding
  • Sailing
  • Windsurfing
  • Natural Dolphin aquarium at sea
  • Wildlife park
  • Casino
  • Business Centre
  • Medical centre
  • Heliport
  • Four world-class hotels

The Punta Perla Golf Club is the synthesis of spectacular location with grand vision and it is destined to become one of the most prestigious international championship standard Golf retreats the world. The first course is a Colin Montgomerie golf course.

The purchase price includes a US$10,000 resort membership for Punta Perla that allows access to all facilities. The yearly resort membership fees will be between $1,000 and $1,500 per annum. Facilities may then be used on a pay per play basis (golf, horse riding etc) however will be greatly subsidized for owners of Punta Perla properties.

Services offered are:

  • 24-hour security
  • Concierge
  • Laundry and dry cleaning
  • Daily maid service
  • Valet parking
  • Catering
  • On call room service
  • On call medical care
  • 8% Guaranteed Rental Yield for up to 10 Years NET or a

Rental Pool and Rental Guarantee Programme

As an owner, you will be offered 8% return on purchase price guaranteed for five years (net of management and maintenance fees), mutually renewable for a maximum of up to 10 years.

Due to the huge demand for the Punta Perla Resort from tour operators, the developer has created a second option which offers investors a variable return equal to 70% of the profit made by the managed ‘rental pool’. The income will be split amongst the owners equally with the remaining 30% being used for the services associated with running the rental pool. This option offers the possibility of achieving a higher return than the fixed rental return option although does not come with the peace of mind of any form of Guarantee.

The personal use for the fixed option is as follows:

30 days of use of the property - 7% return

60 days of use of the property - 6% return

90 days of use of the property - 5% return

If the owner decides to use the property during 180 days, these will have to be during the months of June, July, August, September, October and November: 3% return

The personal use for the variable option is as follows:

30 days of use of the property - 1% deduction from return

60 days of use of the property - 2% deduction from return

90 days of use of the property - 3% deduction from return

If you decide to use your property during 180 days, these will have to be during the months of June, July, August, September, October and November: 5% deduction from return.

The rental return will be paid quarterly in arrears in US dollars.

The 8% guarantee is a net return however it will be up to the owner to cover the buildings insurance and hurricane insurance and yearly resort membership fees. The Insurance is estimated to not exceed US$1,200 per annum and the resort fees will be US$1,500 per annum. Purchasers wishing to enter the rental pool will be obliged to purchase a compulsory furniture package. From past experience, the estimated cost will be no more than US$25,000.

70% Finance Is Available

The developer will make available, through a nominated bank, a mortgage for 70% of the purchase price on completion. The term is currently up to 15 years at a rate of 7% interest for a repayment mortgage although the lenders anticipate the rate to be lower by completion. There will also be more mortgage options in place by completion. The mortgage offer is related to the property purchase price.

The mortgage is not based on personal income and there are no restrictions on foreigners purchasing property in the Dominican Republic.

Although there is no bank guarantee, buyers will receive an apportionment of land with planning permission and the land is currently valued at over $1billion. By offering the security on the land that is already owned it negates any financial implication to the buyer.

Buyers can sell their residence prior to completion.

How To Reserve A Unit

US$10,000 reservations fee (fully refundable until contract is signed)

30%* deposit within 28 days of reservation

70% on completion. Funded by developers’ mortgage, alternative lender or cash

The only closing costs are notification fees of around US$200-300.

* less reservations fee

 

Hot Properties Worldwide is an authorised sales representative of Punta Perla

Hot Properties Worldwide is an authorised sales representative of Punta Perla