The Palms

Overview

The development, located in an idyllic setting just minutes from the beach and facilities of the Punta Cana. The complex boasts 416 residential dwellings, split between 2 and 3 bedroom apartments and 3 bedroom luxury townhouses. The first phase release consists of 4 buildings comprising of 48 stylish 2-bedroom apartments and 16 spacious 2-bedroom luxury penthouses their own private roof terrace and Jacuzzi. Also included are assigned off-road parking and a large area of landscaped communal gardens with two Olympic size swimming pools for their private use.

When you become an owner at Palms you do not only have the fantastic on-site facilities at your disposal. You also become an immediate member of the Palms Owners Club providing you with a host of extra services. This includes discounts in local bars, restaurants, free entry to 5 local golf clubs (green fee and equipment hire applicable) even on the exclusive Jack Nicklaus course at
Trump Cap Cana. There is a shoppers delight to be found in Palma Real shopping village where again showing your Palms owners card can gain a 5-10% discount.

Travel to these and many other areas of interest are largely handled via a free shuttle bus service arranged by the local administration office for your convenience.

Investment overview

The Palms, benefits from the unique investment guarantee which covers both the rental income and price appreciation aspects. Our partners are so confident in the price point being lower than the market averages, as well as the capital appreciation which will accrue on the property, they have set out a guaranteed buy back structure that provides The Palms with an unrivalled position
in the market.

The scheme is offered under the following terms;

RENTAL GUARANTEE

All properties on the complex can be rented out through the contract in place with a tour operator. The tour operator will provide a guarantee to the owner of the property, for 8% per annum* (net of all management costs,) for 5 years achieving 40% in total rental revenue earned over this period. This is a hassle free way to have the property taken care of by professionals, which allows you to earn a solid annual return from your property investment. 8 weeks annual owner usage, is permitted on this scheme, allowing the purchaser to benefit from more than just the financial side.

*Of the property’s value

BUY BACK GUARANTEE
Option 1 (For those who wish to exercise the guarantee after the first 12 months after completion)
Buy back rate: 130% of purchase price
Capital appreciation scale:

Option 2 - (For those who wish to exercise the guarantee after the first 24 months after completion)
Buy back rate: 140% of purchase price

Option 3 - (For those who wish to exercise the guarantee after the first 36 months after completion)
Buy back rate: 150% of the purchase price