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Land Eden Caribe

  • Country: Dominican Republic
  • Resort: South West Dominican Republic
  • Development: Eden Caribe
  • Price from: £21,300
  • Deposit: £21,300
  • Investment type: Joint Venture
  • Property type: Land
  • Number of bedrooms: N/A
  • Location features:
  • Status: Off Plan
  • Completion date: 2011 to 2012

Enquire about this property

Key Investor Benefits

  • From $35,884 (includes all costs approx £21,300) returns of up to 479% plus your initial outlay returned minus legal fees & costs.
  • 30% price increase in September 2009
  • Joint Venture with Developer - pay only 30% of the price of the plot (various sizes available)
  • You will be assigned 50% of the shares in the company for a cost equal to 30% of the land.
  • Return of invested capital within 2 years and profits within 3 years.
  • Villas or apartments will be built on the plot, the commission from the sales of the properties will pay the 70% of the land cost.
  • Sea views, idyllic tropical location
  • Close to new airport in Luxury area of South West Dominican Republic
  • Example on plot costing $35,884: Return to investor $182,796.10 this works out at 432% ROI - please contact for breakdown
  • We have invested
  • A true eco development
  • The area has now been designated as a tourist development zone by the Government. This carries with it not only funding for the area but also tax free incentives for local projects

The Dominican Republic (DR), and in particular the south-west coast, is experiencing unprecedented capital growth, especially in the luxury sector. Many commentators see the DR as the last genuine investment opportunity in the Caribbean.

Eden Caribe 1 & 2 have been designed to be in tune with current market trends, with its carbon footprint, being almost nil. This is thanks to intelligent, sensitive design and the resort’s natural blessings of year-round sunshine and abundant fresh-water supply (which will provide most of the power). This is a luxury eco-development built in harmony with the environment, built to the highest European build standards located in an idyllic tropical location. It’s rare to find a deal that really does tick all the boxes, but this one has it all, and also offers some of the best entry prices in the Caribbean.

Eden Caribe II, Land Plot Joint Venture Proposal.
Eden Caribe 1 off plan sales have now exceeded 50% of the available units, it has therefore been decided to start to release early construction land plots in the Eden Caribe II. Some of these will be offered on a joint venture basis with the developer and sales and marketing partner International Horizons

All the properties to be constructed on these land plots will also be marketed through International Horizons

The structure of these land plots purchases will be as follows:-

  1. A new Off Shore Ltd Company will be used as the purchase vehicle to acquire each land plot from the developer.
  2. The new Off shore Ltd Company will assign 50% of the shares to the private Investor for a cost equal to 30% of the land cost of the chosen plot (please see attached list), plus the transfer tax, co set up costs and legal fees.
  3. The new Off Shore Ltd Company will receive 5% commission on the sales of each Villa on its land, this will enable the new Company to pay the balance of 70% which will only be due when construction starts.
  4. The net profit from the revenue of the sales of the villas will be shared with the developer and the New off Shore Ltd company on a 50/50 split. The private Investor will then receive 50% of this profit in relation to its share holding.

As an example let’s take a land plot of 1,732 Sqm with a cost price of $85.00 per Sqm = $147,220
30% of purchase price plus costs = $55,637.

The title of the land is transferred into the company's name at this time, giving the investor 50% ownership of the land through the company when only 30% + tax + legals have been paid.

The 70% balance is payable when construction of the villas starts within 2 years. As the main marketing agent have the exclusivity on the sale of the properties it is intended that it will lend the company some of its commission from the sales of the properties off plan in order for the 70% balance to be made when construction starts.

Construction will only start when the properties on the land have been sold.

On completion of each property the company will receive the following. The land costs will be refunded to the company and in turn the Investor and the main sales agent will be refunded their loans 30%/70%.

Then the proceeds of the sales will be shared out in the following way with the deductions listed in order to arrive at the net profits to be shared out.

Example using the minimum price per (130 sqm) detached villas.
5 properties @ $440,000 each - $2,200,000
Less Land Cost at time of purchase - ($147,220)
Less all sales, Marketing, Admin Cost - ($440,000)
Less Construction Costs @ $880 per sqm x 130 sqm x 5 - (572,000)
Total Profit $1,040,780
50% Share to our Investment Company - £520,390
50% Share of profit in Inv Company to Investor - $260,195
Total Investment loan to the Company - $55,637
Total return inc repayment of the investment loan above - $315,832

Please note if an investor wished to top up the above figure by $124,168 they can own one of the villas outright. Which means they have the ability to purchase a villa that should be worth $570,000 on completion for a cash out lay of less than $180,000.

We have various plots on offer to receive full details please enquire. The above scenario would return to the investor their initial investment plus 467% profit.

Investments from as little as $31,927 through to $1,180,947 with the initial investment return plus a fantastic profit.

As another example:- investment of $1,180,947 (approx £600,000) would return your initial investment plus over 500% profit - Totalling $7,202,917 (including your initial loan back) (£3,601,488 for investment of approximately £600,000).

 
Top 10 deal Deal Highlights – please see development description
 
Click here to view a video of the Eden Caribe area, and some of the build of the Eden Caribe apartments

 



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