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5* Beach,Golf Resort with a sports Academy
Resort For sale in Sosua, Dominican Republic
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Sale Price: GBP85,000.00 - GBP1,050,000.00 (Financing Available)
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A selection of studios, apartments and villas, Las Canas upon completion will total between 500-1000 acres with a wealth of facilities being constructed within the resort; 18 hole signature golf course, 22 acre Spa Island and well being, Sports Academy, several restaurants, a floating bar and swimming pools, conference facilities, casino, boutique shops and much more. The resort has the added benefit of having a large shopping centre (of which there is currently no such facility in the area) offering tax-free retail to clients, this will come in handy with the Dubai Royal family who are in the process of buying the marina port in Puerto Plata thus offering docking for large cruise liners which will increase tourism to the area.
The resort is being constructed in the North coast of the country which is benefiting from the added 100 million dollars being invested by the government to increase tourism to the area along with the money already invested into the infrastructure; roads, facilities and abolishing the shanty towns.
Dominican Republic is the most popular destination for Canadians and the 4th for Americans, It welcomes 29% of all tourists to the Caribbean 17 long haul and 22 short haul flights per week into the island, our resort is just a short drive from the airport. There is a current shortage of rooms and upmarket hotel accommodation - they need another 2,500 by 2012 with the envisaged increase in tourism. Occupancy rates are between 74-96% year round.
Las Canas will have approximately a 24 month build period and will commence the build in 2009 for completion the end of 2011.
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