An Exclusive Investment and Lifestyle Destination in Punta Cana
River Island, a development by Noval Properties, offers an innovative concept that blends life experiences with nature in a prime location in Bavaro, Punta Cana. This resort-style complex is designed for both investment and lifestyle, featuring interconnected buildings surrounded by pools, channels, and tropical gardens.
Investment Highlights:
- Strong Rental Potential: River Island’s resort-style amenities and prime location make it attractive to tourists, ensuring a strong rental market.
- Conservative Financial Forecasts: According to a Connect.ca representative, even with conservative estimates, a two-bedroom unit could achieve a cash flow of around $40,000 without a mortgage
- Incentives: River Island has various incentives including zero closing costs, no land transfer taxes, and no property taxes for 15 years.
- Financing Options: Scotia Bank provides financing options for Canadians and Americans, with loan-to-value options up to 40%.
- Turnkey Solution: Units are fully furnished and hotel-managed, providing a hands-off investment opportunity.
Why Choose River Island?
- Experienced Developer: Developed by Noval Properties, a leading real estate developer in the Dominican Republic with a proven track record.
- Unique Concept: The combination of architectural design, extensive amenities, and a focus on both lifestyle and investment sets River Island apart.
- Prime Location: Located in Bavaro, one of the most desirable areas of Punta Cana, with easy access to the beach and other key attractions.
- High ROI: The combination of high occupancy rates, strong rental income potential, and tax incentives makes River Island a smart investment choice.
River Island offers a unique opportunity to own a piece of paradise in the Dominican Republic, combining luxurious living with excellent investment potential. It is a standout option for those seeking condos in the Dominican Republic.