Lifestyle Activities
Resort
,
Golf
,
Beach
,
Spa
Amenities & Services
Swimming Pool, Parking, Security, Concierge, Clubhouse
Property Characteristics
Duplex, Leasehold
Property Features
Balcony, Terrace, Condo
Fixtures, Fittings, Furnishings
Air Conditioning
Full Description
In today's difficult economy with real estate sales down by record levels and lenders more cautious than ever there is a real and growing need for new investment and ownership options.
Now there is a new option: fractional ownership, which allows you to own a share of a home in the prime location of your choice for only a fraction of the cost. To invest in a fraction of a vacation residence makes sound business sense. Why buy 100 percent of an expensive asset that you will use just a few times a year? Even more, it's a lifestyle investment.
All The Benefits Of Ownership-Hassle-Free!
Most fractional owners own four to twelve weeks of their property and get the service you would expect of a Four to Five Star resort hotel. The best fractional resorts provide complete maintenance and concierge services, from travel and transportation to recreational services and full amenities. This saves you precious time as you live in the lap of luxury.
The more exclusive the location and the property, the more fractional ownership makes sense. Instead of you spending millions in prime real estate, you can own the exact fraction of the property that you really need, for prices that begin around forty six thousand dollars.
A Balanced Approach to Living the Good Life.
Fractional home ownership offers a first-class approach to your vacation dreams, in the most efficient, least time-intensive way, with the financial and deed benefits of independent ownership. Your fractional investment is more than property ownership; it's an investment in your lifestyle. A fractional destination is often a luxury apartment or a stand-alone home or villa that provides enough space to take off your shoes, throw your feet up and relax in true privacy. You are home with more family, friends and material comforts. You will start your vacation the minute you arrive, not a second later.
Set in the magnificent 250 acre private gated community known as Playa Dorada.
This hotel resort will become the most exciting of Playa Dorada's hotels and resorts. Its nine residential buildings will allow a total of up to 150 large and spacious apartments to be converted to magnificent units with every possible amenity, including:
- Marble floors throughout and all Granite countertops
- New Mahogany and hardwood furniture with Italian designer fabrics and accents
- Giant flat-screen TVs in every bedroom and living area, as well as audio systems, DVD, and Sony PlayStation 3
- New Computers, printers, and Wi-Fi in each Apartment
- Stainless steel top of the line appliances and even popcorn and cappuccino machines
The pricing of the apartments, combined with the 50% in-house financing, means purchasers do not need to submit to a credit report or even complete an extensive loan application form...it is completely "off line."
For those owners who do not wish to utilize their full 28 days in any one year (or not at all), a rental program has been organized by the Resort Management that can provide the owner with a substantial income.
Purchasers select the four weeks which will be theirs each and every year, and that selection determines the purchase price. Also included are 5 Star Concierge services, airport collection in a luxury vehicle, daily housekeeping, gourmet breakfast and all the services you would expect in a 5 star luxury resort.
The Playa Dorada Area.
- Based on an average vacation stay of 7 days, it is estimated that approximately 500,000 visitors come to Playa Dorada each year
- Year-round holiday appeal a strong feature, rental yields are expected to reach at least 10%.
- More than 7,500 fill the 15 hotel and apartment complexes each week, with in-season peaks close to 11,000 visitors
- Beach-side gated community in the north-west region of the Dominican Republic, 18 kilometres from a major international airport
- Robert Trent Jones Golf Course at centre of community, rated number 53 in "Top 100" by Golf Digest
- 3 Gaming Casinos, more than 50 restaurants, clubs, bars, etc
- Resort shopping include jewellery, clothing, home accessory and gift shops, as well as banks and dozens of retail locations
The Playa Dorada private community provides all the amenities even the most discriminating travellers seek. These apartments will provide the elegant and spacious accommodation for smart and discerning buyers, without the obvious risks and disadvantages of wholly-owned second home ownership.
Prices for a 12th fraction start from $45,000 up to $112,200
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