Eden Caribe 2
  Posted on September 2nd, 2008
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Property Details
Posted On: September 2nd, 2008
Price: 39,012 USD
Property Location: Barahona, Barahona, Dominican Republic
Property Description
Construction land plots offered on a joint venture basis with the developer and sales and marketing partner.  All the properties to be constructed on these land plots will also be marketed through us too
The land plot purchases will be as follows:-
A new Off Shore Ltd Company  will be used as the purchase vehicle to acquire each land plot from the developer. The new Off shore Ltd Company will assign 50% of the shares to the private Investor  for a cost equal to 30% of the land cost of the chosen plot (please see attached list), plus the transfer tax, co set up costs and legal fees. The new Off Shore Ltd Company will receive 5% commission on the sales of each Villa on its  land, this will enable the new Company to pay the balance of 70% which will only be due when construction starts. The net profit from the revenue of the sales of the villas will will be shared with the developer and the New off Shore Ltd company on a 50/50 split.   The private Investor will then receive 50% of this profit in relation to its share holding. As an example let’s take a land plot of 1,732 Sqm with a cost price of $85.00 per Sqm = $147,220
30% of purchase price plus cost = $55,637.
The title of the land is transferred into the company’s name at this time, giving the investor 50% ownership of the land through the company whe only 30% + tax + legals have been paid.
The 70% balance is payable when construction of the villas starts within 2 years. As the main marketing agent have the exclusivity on the sale of the properties it is intended that it will lend the company some of its commission from the sales of the properties off plan in order for the 70% balance to be made when construction starts.
Construction will only start when the properties on the land have been sold.
On completion of each property the company will receive the following. The land costs will be refunded to the company and in turn the Investor and the main sales agent will be refunded their loans 30%/70%.
Then the proceeds of the sales will be shared out in the following way with the deductions listed in order to arrive at the net profits to be shared out.
Example using the minimum price per (130 sqm) detached villas.
5 properties @ $440,000 each - $2,200,000
Less Land Cost at time of purchase - ($147,220)
Less all sales, Marketing, Admin Cost - ($440,000)
Less Construction Costs @ $880 per sqm x 130 sqm x 5 - (572,000)
 
Total Profit $1,040,780
50% Share to our Investment Company - £520,390
50% Share of profit in Inv Company to Investor - $260,195
Total Investment loan to the Company - $55,637
Total return inc repayment of the investment loan above - $315,832
 
Please note if an investor wished to top up the above figure by $124,168 they can own one of the villas outright. Which means they have the ability to purchase a villa that should be worth $570,000 on completion for a cash out lay of less than $180,000
We have various plots on offer to receive full details please enquire. The above scenerio would return to the investor their initial investment plus 467% profit.
Investments from as little as $31,927 through to $1,180,947 with the initial investment return plus a fantastic profit.
As another example:- investment of $1,180,947 (approx £600,000) would return your initial investment plus over 500% profit -  Totalling $7,202,917 (including your initial loan back) (£3,601,488 for investment of approximately £600,000).
 
 
Extra Details
Amenities Low Deposit
Baths Unspecified
Beds Unspecified
Property Type New Home
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 Price: 39,012 USD
Location
Barahona, Barahona, Dominican Republic
Other Info
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