The Brief

This exciting new build project comprises 208 1 and 2 bedroom apartments, 12 town houses and 20 duplex apartments located in Boca Chica on the south coast of the Dominican Republic. All the properties are available to purchase off-plan.

Mar del Rey offers you the opportunity to purchase the home of your dreams very close to spectacular beaches, exclusive yacht club, marina and two 18 hole golf courses.

The Opportunity At A Glance

• Expected 49% return in 24months
• Jan-Apr tourism up 84000 on last year
• Expected to continue strong growth
• Prices from just £34,750
• 10% guaranteed rental yield 1st year
• Similar yields possible as tourism continues to grow

The Opportunity in Detail

Referred to as the best kept secret in the Caribbean by loyal fans, Dominican Republic is finally moving into the international spotlight. Tourism grew by 5.6% in the first four months of 2008 on the same period last year, a growth of 84,000 visitors, putting total visitor numbers for just four months at 1.6million.

Tourism is expected to continue growing strongly, increasing the demand for quality rented accommodation in the best areas, especially in and around the coast. Which is exactly what Mar del Ray is offering, and exactly why we can offer our clients a 10% guaranteed rental yield on Mar del Ray apartments for the first year. After that similar yields can easily be achieved as tourism to Dominican Republic grows.

Capital appreciation on similar off-plan Dominican Republic properties when they go onto the resale market even as little as a year later has been as high as 50%, Based on a purchase price of £36,750 a conservative price increase of 40% will yield a profit of approximately £14,400. In addition, there is also a 10% rental income guarantee, so a further £3,675 Total investment return of £18,000 or 49% in less than 24 months!

The Property At a Glance

• Fourth floor apartments have private 45m2 roof terrace
• 1 bedroom apartments 50m2
• 2 bedroom apartments 80m2
  Facilities Include:
  
• Adults and children's swimming pools
• Poolside bar, sun chairs and loungers
• Private parking and security

The Property in more detail

Mar del Rey is an exclusive residential complex designed with international purchasers in mind together with an excellent entry price.

The resort features adult and children's swimming pools, with changing rooms, green areas, and a pool side bar, as well as sun-chairs and sun-loungers. Apartments sizes range from 50m2 to 80m2, and the penthouse (top-storey) units come with a private 45m2 roof terrace, where a Jacuzzi can be installed.

The Location

The Mar del Ray complex is located in Boca Chica, a 5 min walk from the acclaimed Boca Chica beach, and within walking distance of all amenities including, bars, restaurants, a casino, and two golf courses. Boca Chica, is also only 10 minutes away from Las Americas international airport, and 20 minutes from the Dominican Republic capital Santa Domingo.