Are you young, a mid-lifer or older? How would you like to own your own condo in Cabarete, one of the hottest ocean towns in the Caribbean, and make 35-40% return on your investment every year.
Example: We have new Penthouse Studios being offered in one of the best condo developments in this area, at $105,000. Some of you have this money laying around earning 5% or perhaps even a bit more. So how can you own your own Caribbean dream property and earn 40%?
This lovely unit is in one of the most sought after areas on the Cabarete beach. It can be rented out at $80 per night on average all year. All of the rentals are handled for you by the in house agency. They take care of everything for you for 20%.
So lets do the math. Take $80 times 365 days. That equals $29,200. Say you only rent it 80% of the time. That leaves you $23,360. Subtract the condo fees of $2400 a year, which include electricity and taxes, and the 20% that the rental agency takes, $4672, and you are left with $16,288. be conservative and take off another $1288 for incidentals. You have a return on $100,000 of $15,000 or 15%.
You will own your own condo in the Caribbean. You can occupy it for 20% of the year, or as much as you want. The 20% leaves you 2 months and 2 weeks to enjoy the incredible warmth and beauty of the Dominican Republic while living for free in your own place.
Now here is the really great part. This area is still way under priced. Similar units sell for 3 times as much in other Caribbean islands. We are still paying catch up. For the past few years virtually all good property in this area has gone up by 25%, and more, every year. So again, do the math.
Your little investment of $100,000 will be earning you 15% hard cash PLUS the 25% gain in value. Stocks may be great, and at times not, but you cannot live in your stocks now, can you? Buy this condo on an awesome beach in the Caribbean while earning 40% and you will have a lot of “friends”.
Suppose you want to borrow the money now to take advantage of this unique opportunity? We have seen young people borrow the money back home at 6-7%, often as a second on their home, and then buy. In the USA you even get to write this interest off against your taxes. But for all the cash return of 15% per year alone more than covers the cost of borrowing. You cannot lose. Even if you sell in a couple of years to buy a villa here, you will have gained equity and had some fun in the sun.
Email me for more information. Stay at the popular Casa Blanca while you shop around. I will even refund you a weeks rent at the Casa Blanca when your sweet purchase closes. Book your vacation and come on down to get in on the action!
cabaretewilliam@hotmail.com
choose.....the above or....
