Luxury apartments in Cabrera? Sounds great...!

Now, the first and exclusive  5 star condominium resort with 70 two and three bedroom apartments is in construction now! The construction work will be completed in 2008 - then this resort will be managed as a condo hotel "condotel", in which the individually owned condominiums are provided through an agreement to a hotel operation which in turn uses the units as its inventory to rent to clients on a daily, weekly or monthly basis.  The hotel operation is contracted by the condominium association to perform this role so the owners of the units influence the hotel through this relationship.  The goal of this style of relationship is to provide a continuous revenue stream to the individual condominium owners through the rental operations.

This luxury Dominican ocean front resort will have 70 individual condominiums, 34 of them are 3 bedrooms / 3 baths (Magnolia Models) and 36 of them are 2 bedrooms / 2 bathrooms (Orchid Models).  The unique placement of doorways within the units themselves will allow the hotel operation to separate these 70 condominiums into a maximum of 176 individual rooms.  This additional flexibility has been shown to enable the hotel operation to rapidly ‘reconfigure’ its inventory to meet the current demand of clients without any additional costs.

Pre-Construction prices start at 245,000.-US$ for a 140m² 2 bedroom/2 bath condo
Pre-Construction prices start at 330,000.-US$ for a 200m² 3 bedroom/3 bath condo

5%  discount (purchase more than one unit)
15% discount ( purchase 4+ units)

Located next to a famous resort in Cabrera, North Coast Dominican Republic. The local community of Cabrera - already well known for lonely and hidden beaches, cristal clear water and exclusive  luxury villa rentals - is just starting to see some of the explosive growth seen elsewhere in the Dominican Republic.  It is generally believed that the next 3 to 5 years will see property values soar as hotels, resorts, casinos and other golf courses are developed in the area.  In addition to tourism growth, Cabrera is growing to accommodate the influx of services personnel who will work in these tourism projects..

This project is a must see - for investors and for future owners...
Contact us today to get more information and arrange a viewing!