Property for sale in Puerto Plata - 28310782 - Advertised on propertyO by Property Webwise

Villa for sale

£211,966

Puerto Plata, Dominican Republic Property ID: 28310782


Property description

Villa Mirabella is a hillside, two level home, designed to take advantage of our incredible view.  The upper floor is at street level and features the open plan great room with kitchen, living/dining area, and large covered terrace with bbq area.  Below are three great size bedrooms, laundry, and two full bathrooms.
Casa Linda is a villa community on the north coast of The Dominican Republic. Located just  minutes to several outstanding beaches, excellent shopping, restaurants and endless activites.  Our owners enjoy a secure, gated community with full management services. Casa Linda offers quality construction standards, excellent service, and a tranquil place to call home - whether full or part time. Many of our owners rent their properties through our long standing rental program when they are not in residence.
Included in the price: construction of the villa, landscaping, swimming pool, service building for pool equipment/storage and 6% rental guarantee for the first 2-years of ownership.
3-Bedroom:
Villa: 1,991 ft2 (185.2 m2)
Lot: 5,919 ft2 (550 m2)
Pool: 9,800 gallons
$249,600 US
Mortgage Financing
Casa Linda will provide vendor financing for your new villa with the following downpayments and rates:
• 60% down 4.7%
• 70% down 1.9%
• 80% down 0.9%
You have the choice of making regular monthly mortgage payments yourself, or using rental income generated from your villa to make the payments.  You can pay off your mortgage without penalty at any time.
PAY ONLY 70% OF THE VILLA PRICE AND LET RENTAL INCOME PAY THE BALANCE:
Villa Sunset is offered with advantageous mortgage financing.With an initial payment of 70% of the purchase price, the remaining balance of 30% can be paid with no additional out of pocket funds from the buyer(s). The balance can be taken from the villas’s monthly rental income and it will be paid off within four years.

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