Overseas property specialists David Stanley Redfern currently have a remarkable development nestled away in a Costa Rican paradise. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
The Wyndham Garden development on Jaco Beach is a 14 story beach front Condo-Hotel with 136 units of one, two, and three bedroom fully furnished residences.
Planned by talented designers, the development boasts contemporary architecture inspired by the concepts of tropical minimalism and is one of the few beach front properties in Costa Rica that is fully titled.
Consisting of two towers staggered with a constructed area of 26,536 m2, the development is made up of 2 three bedroom units, 60 two bedroom units and 54 one bedroom units each offering spectacular views and natural light. The resort itself includes infinity pools at three different levels; a fully equipped spa with sauna, steam and massage rooms; gym; restaurant, snack bar and bar; day-care centre; Jacuzzi and a host of other amenities.
Jaco Beach is located on the Pacific coast in the province of Puntarenas, just 90 minutes from San Jose’s international airport. Only minutes away are activities such as horseback riding and ocean fishing, while nearby Garabito offers a large selection of restaurants, night clubs and bars. Yet Jaco beach is tranquil, and because of recent government regulations the Wyndham Garden development is likely to be the only property on this beautiful beach.
The property presents the perfect opportunity to buy a piece of Costa Rican paradise while also fulfilling the criteria of a shrewd investment. Wisely chosen property in Costa Rica still has plenty of growth potential, and property is expected to grow by more than 15 percent year on year, possibly by as much as 20-25 percent per year over the next three. While rental yields will fetch 10 percent or more as the country continues to benefit from amazing growth in tourism.
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Costa Rica: A slice of paradise and a shrewd investment
Dominican Republic: Another boost for the tourism industry
Dominican President Leonel Ferandez has announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years.
The same group have already invested heavily in the island but want to build a railway linking Santiago and Santo Domingo; likely to significantly boost the country’s development.
The Dominican Republic has also recently seen a quasi-donation of $30 million for the reconstruction of highways granted by the OPEC Fund for International Development; the announcement of a number of new Aerocaribbean flights likely to attract multi-destination tourists; and has accepted plans for the construction of a ferry terminal costing $10 million at the Sans Souci tourist port.
Such plans are yet another boost for a country where tourism accounts for 24 percent of GDP and is fuelling economic growth. The contribution of tourism to employment is now expected to rise from 555,000 jobs in 2008 to 743,000 jobs by 2018. By 2012, it is forecasted that the Dominican Republic will receive five million annual visitors, a one million increase over expected 2008 visitor totals.
And according to a recent report by the Dominican Republic Ministry of Tourism, tourist arrivals for the first quarter of 2008 have already increased by 8 percent compared to the first quarter of 2007; approximately 1.3 million guests selected the Dominican Republic as their vacation spot of choice.
Over 15 percent of these arrivals arrived at Puerto Plata on the North Coast. The airport is just 10 minutes away from David Stanley Redfern’s Sosua Plaza and the studio apartments are only 5 minutes walk from Sosua Beach. All are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV, as well as security locks, electronic room safety deposit box and a balcony overlooking the pool.
Apartments come fully furnished and fully managed, offering tax free returns and no work for the owner. Occupancy rates are consistently higher than 74 percent, yet the price is one of the lowest in the Caribbean at £24,000. With Dominican Republic’s huge tourist numbers rental yields of 10 percent can be expected, while the property has the potential of 10-20 percent capital appreciation.
Find out more about Dominican Republic property and buying property in Dominican Republic.
About DSR Asset Management Ltd
DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property
FootPrints SEO is search engine marketing and online marketing agency based in the UK.
© 2009 Footprints-SEO.com
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