Praderas del Yaque:Dominican Republic
Residential Development
Guaranteed return product
Why Invest in Praderas del Yaque
Prices from just £21,000.00 1 bed Condo
3 bed villas from only £ 75,000.00
Just 20% deposits
80% mortgages available , Acceptance of mortgage or refund of reservation fee
Latest Solar Technology development
Close to large University that has no accommodation facilities
Rental Management agent has clients waiting to rent
The Praderas del Yaque residential development
The Praderas del Yaque residential development is located in the centre the Dominican Republics second city Santiago a free trade zone haven.
The Praderas del Yaque project officially broke ground in December 2007. The concept of the project is to create a Green housing community consisting of approximately 1,100 units.
The demand for residential property on the island is huge and it is estimated that there is an 800,000 shortfall in housing availability today and this figure is rising all of the time.
The development will be the first Green Project to be built on the island and the properties will be utilizing the latest Solar Energy technology in order to reduce to
bills and conserve natural resources.
Why Residential property?
The most recent official studies (1997) highlight that the housing deficit in the Dominican Republic is estimated to be over 600,000 homes.
In 2007 the housing deficit is estimated to be close to 800,000.00 homes. Out of the 800,000 single, family homes according to D.R Government Statistics, it is estimated that 40% (320,000 single family homes) of the families fall in the low to middle class families that would qualify for housing.
Why Property Find International have chosen The Praderas del Yaque?
Property Find International is very proud to have the exclusive rights to this development in the UK and the interest that it is attracting not only form our clients but our competitors is huge.
Where else in the Caribbean can you purchase a property for £21,000.00 on a development which is in a fantastic location and where the local rental agent has a list of people already wanting to live there.
The finance structure is excellent and the fact that you apply for your mortgage at the same time as you pay your reservation fee of £500,00. This means that you can secure the finance before you commit to you purchase. If your mortgage is not approved you can request a full refund of your £500.00.
The capital growth potential is huge and these properties are seriously under priced and as the Island is under going major investment, these prices will not be around for long.
I recommend you to contact us as soon as possible in order to secure your unit now before they are all sold.
Kevin
Tel: +44 01270 868000
e-mail: kevin@propertyfindinternational.com