Angsana Samana Bay – Villas for Sale in the Most Upscale Marina Resort in The Dominican Republic
Banyan Tree, the prestigious Asian hotel group renowned throughout the world for exquisite service and hospitality is opening Angsana Samana Bay, their first first fully integrated resort development in the Caribbean.
Banyan Tree Hotel Group and its affiliate companies have received more than 300 awards since inception.
Angsana Samana Bay will consist of a total of 700 residences overlooking the sea; villas, townhouse residences but also apartments up to 3 bedrooms and a condo hotel, all featuring Caribbean architecture and European qualities.
Angsana Samana Bay will host the region’s biggest upscale marina with 288 moorings able to cater mega yachts along with an impressive range of amenities and services.
Angsana Samana Bay has all key elements to become one of the best opportunities in terms of both investment and lifestyle.
Why Angsana Samana Bay
- First 5 star (European standards) luxury development in Samana Bay
- Beachfront
- Stunning views of Samana Bay, Cayo Vigia (Vigia Key) and the ocean
- Managed by the prestigious hotel group Angsana, part of Banyan Tree Group
- Amazing surroundings; unspoiled amazing white sandy beaches, turquoise crystal-clear waters, protected national parks, a stunning bay with calm waters, lush tropical forests, historical sites and green mountains
- The location is considered the prettiest part of the country and will avoid overcrowding as it is protected by national parks
- The region’s biggest oceanfront upscale marina
- 100,000 sq.ft waterfront retail village with restaurants, prestigious shops and entertainment venues.
- 10 years of tax incentives: No tax on rental income; No capital gains tax; No property purchase tax
- Financing is available
- Freehold ownership
- Full consumer protection with Escrow is offered
- Two new infrastructure initiatives; El Catey International Airport and the highway from Santo Domingo.
- Capital appreciation of property has soared by an average 14.16% during the last seven years
Location
Dominican Republic attracts more visitors each year than any other Caribbean destination. Top global hotels are developing new resorts on the island including Four Seasons, Aman Resorts, Westin, Fairmont and Ritz Carlton.
Samana Bay, located on the north-eastern coast of the island, has always been known to offer the best beaches in Dominican Republic. Samana Bay is considered being the prettiest part of the country and will avoid overcrowding as it is protected by the bay and by national parks.
Small fishing villages, brightly painted homes and a Mediterranean- influenced atmosphere characterise this part of the country. Its balmy climate provides year-round delightful weather with only a few degrees difference in temperature between winter and summer
The location boasts unspoiled white sandy beaches, coconut covered green mountains, clear mountain streams winding through lush tropical rain forest, vibrant coral reefs, a stunning bay with calm waters always suitable for sailing and water sports, the famous El Limón waterfall, protected national parks and its world-renowned humpback whales.
Within the bay lies the town of Samana, a charming village, small shops and colourful houses. Samana is close to three airports and a soon to open highway will connect this small town with the capital, Santo Domingo. When opened the drive between these two will take less than two hours.
Within walking distance you can also experience the authentic Caribbean, its culture and its people by visiting the nearby colourful village of Santa Bárbara with its lively markets.
The newly opened El Catey International Airport with daily flights from North America and Europe is the closest airport.
Residences
The first phase comprises 142 marina apartments, 80 moorings, 15 villas and 16 townhouses and will include just 31 special investor packages, consisting of:
- 1 Villa (Mirador or Atalaya)
- 1 apartament (55m² studio)
- 1 mooring of either 40 or 30 foot (depending on availability)
From US$1,090,000.
Villas and Townhouses
There will be 31 sumptuous hilltop Villas and Townhouse residences with open spaces and great floor-to-ceiling windows. All villas enjoy expansive wood decks with infinity pools and views of the ocean and town that dazzle day and night. There will be elegant porte-cochere on villas, fully equipped kitchen, covered garage for vehicle and parking for golf carts.
All villas ar wired for high-speed internet and satellite TV and phone in all bedrooms, social areas and terraces. Some villas will also have Maid quarters.
- Villas Mirador A: (3 floor villa): 3 bedrooms, 3 bathrooms, 2 toilets and 1 room for staff with bathroom
- Villas Mirador B: ( 2 floor villa): 3 bedrooms, 3 bathrooms, 1 toilet and 1 room for staff with bathroom
- Townhomes Atalaya A & B: ( 3 & 2 floor townhome): 3 bedrooms, 3 bathrooms and one toilet
| UNIT TYPE | SIZE (LIVING SPACE) | PRICES FROM: | |
| 2 floor townhouse | > 2,280 sq.ft | US$ 925,000* | |
| 3 floor townhouse | > 2,783 sq.ft | US$ 1,017,000* | |
| 2 floor villa | > 4,321 sq.ft | US$ 1,525,000* | |
| 3 floor villa | > 4,840 sq.ft | US$ 1,564,000* |
*Above prices are prliminary - final prices to be decided when officially launched late autumn 2008.
Please click on the link to visit Hot Properties Worldwide for full information about apartments and condo hotel residences at Angsana Samana Bay.
There will be optional international designer name furnishing packages available. Maintenance fee is estimated to 7.5 and 9.3 $US cents per square foot.
Facilities & Services
There will be four key components:
Angsana Resort - one of the best hotels in the region with luxury appointed suites and beach villas.
Angsana Marina with 284 boat slips and capacity for mega-yachts up to 120ft.
The Angsana Spa will be one of the best in the Caribbean offering a full range of natural treatments showcasing the oriental knowledge and service for which Angsana Resorts and Spa is world-renowned.
Angsana Village with its oceanfront promenade, sophisticated restaurants, shopping, bars, casino and shops.
In addition, you will have access to:
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Rental and property management service and programme will be available for owners, including rental programme, home cleaning service, maintenance and repair crew.
Purchase Details
To reserve an investor package, there is a US$15,000 deposit, followed by 30% minus the deposit at the signing of the Purchase Sale Option Agreement. This is followed by 20% within 90 days. Balance, i.e. 50%, is paid upon completion.
To reserve an individual unit, there is a US$15,000 deposit, followed by 10% at the signing of the Purchase Sale Option Agreement; 20% in 90 days and 70% when the property is completed. The deposit is refundable until the project is officially launched autumn 2008.
Construction will start second half of 2008. The first phase is scheduled to open in 2010.
Closing costs are estimated to be between 1% and 2%.
Full consumer protection with Escrow is offered (Land America).
Financing is available from Mortgage IT (subsidiary of Deutsche Bank) and Banco Popular.
Freehold ownership
Signature Residences Worldwide is an authorised sales representative of Angsana Samana Bay
