Business/Hotel

Escondido Bay Ocean Front Condos

DRL# 4444
Sosua, Dominican Republic
$200,000 USD  
8% Guaranteed Return On Investment No Work
8% Guaranteed Return On Investment No Work

Property Description

You become the lender and essentially your own bank. We are a real estate company with more than 12 years experience on the North Coast of Dominican Republic and are offering an exclusive group of mortgages to purchase, in US dollars.

This is a secured, asset-backed investment, as the purchasers have an average of 50% equity (down payment) into the condominium building.
The length of time varies from 1-5 years and has to be paid out, in full to the lender, by the end of each term. We have already sold more then a one million of these mortgages and have clients getting there interest payments every month for referrals. Up to 2 million available.

Qualified buyers will get more details upon request.




Gated Community: YESOcean View: YES
Green View: YESFurnished: YES
Pool: YES 




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Real estate agent

David Logan


David Logan

DRListings Developer Owner Broker

47 listings on DRListings.com

David began his career as a young entrepreneur at the age of 17 when he was hired to manage the car audio department of the local branch of a large Canadian public company with 82 locations across the country. This resulted in him becoming the President's Club Elite member as a top producer in Canada. During this time, David started to purchase and build real estate in Canada while also starting his own international online electronics company.

After falling in love with the Dominican Republic (DR) during his travels there, in 2006, at 25 years of age, David constructed his first villa there. During this time, he also met Paul "Chip" Bommarito, who became his partner in the business. With their shared passions for the real estate business they started DRListings, combining David's skills and in internet marketing and construction development with Paul's deep family roots and 25 years of experience working in the DR. Together, they built a large clientele with substantial investment in the country manned by a full staff, including sales people, legal personnel and subcontractors. David and Paul played a significant role in the development of Escondido Bay Playa Laguna beachfront community, which has garnered highly rated reviews for its location and guest experiences.

The company is involved in real estate development, new construction and vacation rentals of condos and villas, while providing all the information needed regarding real estate transactions, immigration, relocation and legal counsel in the DR. Over the past eleven years, DRListings has experienced significant international growth and is referred by most investors and sellers.  For more info and completed projects. 

https://drlistings.com/about-drlistings/

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Information About Sosua

Sosúa is a small town in the Puerto Plata province of the Dominican Republic. Located approximately 4 miles (6.4 km) from the Puerto Plata International Airport (POP), the town is accessed primarily by Camino Cinco, or Highway 5, which runs much of the length of the country's North coastline.

Source: Sosúa Wikipedia page