Las Canas is a luxury 5 Star resort situated on the Dominican Republic’s north coast along a white sand beach bordered by lush, tropical forest of coconut palms, mahogany, cedar, wild olive and musk wood trees.
Investment Outline
When Christopher Columbus, the Dominican Republic's first tourist, stepped ashore over 500 year ago, he marvelled 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.
The Las Canas Beach resort is being constructed in the North coast of the country which is going to benefit from the added 100 million dollars being invested by the government to increase tourism to the area along with the money already invested into the infrastructure; roads, facilities and abolishing the shanty towns.
On offer are a selection of studios, apartments, villas and hotel apartments. Upon completion, Las Canas will total between 500-1000 acres with a wealth of facilities being constructed within the resort; 18 hole signature golf course, 22 acre Spa Island and well being, Sports Academy, several restaurants, a floating bar and swimming pools, conference facilities, casino, boutique shops and much more.
The resort is going to be one of our crowning achievements and has the added benefit of having a large shopping centre (of which there is currently no such facility in the area) offering tax-free retail to clients, this will come in handy with the Dubai Royal family who are in the process of buying the marina port in Puerto Plata thus offering docking for large cruise liners which will increase tourism to the area.
There are many reasons to invest in the Dominican Republic such as it is the most popular destination for Canadians and the 4th for Americans, It welcomes 29% of all tourists to the Caribbean 17 long haul and 22 short haul flights per week into the island, our resort is just a short drive from the airport.
There is a current shortage of rooms and upmarket hotel accommodation - they need another 2,500 by 2012 with the envisaged increase in tourism. Occupancy rates are between 74-96% year round. There are over 20 golf courses on the island, with the Playa Dorada being one of them. The Dominican Republic in January 2008 had an increase of 5.5% of visitors to the country compared to that of January 2007 - an extra 18,500 people just in that month alone, Las Canas will have approximately a 24 month build period and will commence the build towards the end of 2009 for completion the end of 2011.
Just £1,000 reservation fee required until completion and 100% financed as Developer makes the re-payments on the 30% deposit.
The Deal
- All fully furnished apartments and villas with flat screen T.V.
- 2 year 10% rental guarantee, followed by a 5 year 50% room rate share
- 100% finance now available *Subject to status. Terms & conditions apply
- Beach restaurant and bar
- Private swimming pool and spa, etc.
- 30 Days free use per year
- No capital gains tax
- Cash back option
- No Buying tax
- No Inheritance tax
- No capital gains tax
- SIPPs compliant
Location
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.
The Dominican Republic occupies the eastern two-thirds of the Caribbean island of Hispaniola and is the second largest of the Greater Antilles islands; the remaining third of the island to the west is the Republic of Haiti.
Properties
An exclusive development of apartments and villas, which will be grouped into a boutique style hotel consisting of studios, one and two bedroom apartments and one and two bedroom cabanas.
The villas and apartments are constructed to the highest specifications using the best quality materials with oriental-style architecture to provide contemporary and spacious living accommodation. Built to the highest specification the resort will offer world class facilities including a signature golf course, The Island Sanctuary Spa and sports academy.
Facilities
- Fully furnished with stylish, modern simplicity
- All rooms are air conditioned
- Each bedroom has its own shower room
- All villas and apartments have an interactive entertainment system with flat screen TV, internet access, stereo, in room safe and telephone
- All villas have a private Jacuzzi
- Underwater springs supply abundant fresh water.
- Eco-friendly sources of power and waste disposal.
- Built to the highest specification the resort will offer world class facilities including a signature golf course, The Island Sanctuary Spa and sports academy.
- The Las Canas Reception provides a concierge service for guests to arrange restaurant and spa bookings, taxis and sightseeing tours.
- The Sports Academy offers expert baseball, football and tennis coaching for people of all ages and abilities.
- The Fitness Centre comprises a full range of cardiovascular and physical training equipment.
- The Island Sanctuary Spa at The Hideaway has indoor and outdoor treatment suites providing a range of massages, beauty treatments and holistic therapies.
- Las Canas has several bars and restaurants situated to take advantage of this beautiful location and offering guests a choice of dining experiences.
- Several freshwater swimming pools, including a children's pool, are situated within the landscaped gardens, all with a concierge service for drinks and snacks.
- The Diving & Water sports Centre offers PADI tuition, snorkelling, catamaran sailing, kayaking, windsurfing and waterskiing.
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