Dominican republic on north coast – MAGIC SPOT – Villa of 220m2 with 5 bedrooms

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MAGIC SPOT is a community residence located on the north coast on the heights of the small village of Cabrera, only a few kilometers from the famous Playa Grande Golf Course and its splendid beach.

The nearest international airports are Puerto Plata and Samana (El Catey). You just have to walk along the coast for barely an hour to reach the Costa Verde region, which combines both authenticity and tourist attraction. It is a region apart, different from the poles dedicated to the mass tourism of the south-east of the island. It offers both quality tourism and charm, with many opportunities for excursions, since Cabarete is less than an hour away and Las Terrenas about an hour and a quarter away. The center of the capital is accessible by the new highway in two hours and thirty minutes maximum. You will not be tired of discovering the many beaches and wild coves, such as Playa Entrada, Playa Diamante, Playa Caleton, Playa Magante.

The residence has a private access and the association of 15 owners shares the various monthly charges. You can install high-speed internet access and the package of TV programs Canal Satellite. The owners are mostly foreigners, of all origins, all concerned with a service and a quality living environment.

Casa Felina is an excellent product of rental profitability, since Cabrera is above all a charming village recognized in the Dominican Republic and on an international scale as tourist hub. Several agencies ensure the regular maintenance of the villas and the management of the seasonal rentals, which will allow you to enjoy your villa during the period of your choice and to rent it for the rest of the year.

DESCRIPTION OF THE VILLA FELINA

Land area: 1,161 square meters (about 30 waterfront and 40 deep)
Possibility to build a swimming pool, either in front of the ocean or behind the house in a nice garden (average budget of 15 000 dollars)
Possibility to add a volume of construction, with sea view.
Surface area of the house: 220 square meters + covered garage of 4 * 6 meters, with flat roof to add an internet parabola / Canal Satellite – french channels), a water heater and solar panels.
The villa is facing the ocean, so that all rooms have a view. A large terrace connects the two wings which are completely autonomous. You can consider the house either as a large house with 5 bedrooms or divide it into two volumes, including a three bedroom house, two bathrooms, a guest toilet and an apartment with its own bathroom and its own kitchen. The master bedroom is upstairs, with a direct view of the ocean, size 40 m² + 22 m² terrace. The ceiling of the central room is made of dyed wood, the kitchen is equipped with a superb coconut bar.

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The Packard Plant redevelopment will start construction this spring in DETROIT

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One of the largest redevelopments in Detroit right now that’s moving forward is the Packard Plant. The undertaking will be massive (10-15 years), but tenants could be moving into the administration building by late 2018.

The admin building, which faces East Grand Boulevard, is currently undergoing asbestos abatement with the help of a $300,000 Wayne County loan from the Environmental Protection Agency. Once abatement is complete, construction will begin on renovating the 121,000-square-foot building. The administration building was the last in the complex to be vacated and its condition isn’t as bad as many of the other buildings.

Tenants for the admin building are lined up already, including Arte Express, the group who owns the Packard Plant and is running the redevelopment, Silveri Architects, Detroit Training Center (an organization that trains Detroiters for jobs), Environmental Consulting & Technology Inc., Testing Engineers & Consultants, Sterling Security, and Esto’s Garage.

The first floor will have a gallery and event space.

 Also included in the renovation: the bridge over Grand Boulevard, which has been cleaned of graffitti and wrapped to protect the street from falling debris.

Speaking of debris, it you’ve driven near the site, you know that there’s quite a bit everywhere – from the building, from people illegally dumping garbage. Much has been cleaned up, but since it’s such a large area (millions of square feet) and it’s been happening for so long, there’s still a lot of clean up to be done.

The group was granted a 12 year freeze from City Council on taxes, meaning they will pay taxes on what the property is worth now, but they won’t see them increase as the renovations increase the value. They’ve also received approval for their Brownfield Plan.

http://www.sunfim.com/en/Investir-produits-immobiliers-usa-134.html

Why Invest in the Mexican Caribbean Real Estate Market?

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in terms of population, Playa del Carmen is growing at rates of 6.1% per year, which is equivalent to around 40 thousand people a year. These high growth rates benefit different sectors, including Real Estate.

Today we have 100 thousand hotel rooms. Recently we made an estimate of rooms approved as tourist hotel and vacation real estate in the tourist condominium and classic hotel room category. Based on that estimate, we have projected a grow 22 thousand additional rooms between 2016 and 2017, which means many brands have tremendous confidence in investing in the region.

Who wouldn’t want to discover paradise and relish the idea of living in the Riviera Maya of Mexico during the winter months? After all, Mexico’s exchange rate is excellent and the Mexican Caribbean is one of the world’s best places to move abroad and also one of the best places to retire overseas. It is home to the best beaches in the world, offering warm winter vacations,while the return on investment and guaranteed rental income available through real estate investing here makes it a no-brainer.

Most of the successful real estate investing done by occasional visitors in places like Tulum (very Hot Investment), Playa del Carmen and Puerto Aventuras involves guaranteed rental income properties. Instead of being an expense,this type of real estate investment offers an excellent return on investment and actually pays for itself while also complementing any portfolio’s overall wealth building strategies.

The Market is booming, more Americans and Canadians are coming to invest now thanks to Donald Trump I guess, the dollars is strong and a lots of Americans want to be off the grid so is an increase in Real Estate sale all over the Caribbean!

Playa del Carmen and the Riviera Maya in general area is booming with a $21 pesos to the dollars including smaller area like Puerto Morelos, Akumal and Puerto Aventura, deals are still available but great location is limited so price is going up.

In the last 18 months, we have received more requests to buy property than persons offering property for sale. Speaking in terms of constructed properties which are the statistics we real estate professionals look at there has been as much as 26% growth compared to the same month in the year 2015.

The most notable new growth is in the continental part of Isla Mujeres, where a very significant tourist development is going up as we speak. This zone will be a new brand with a new name area in this part of the island. In the south, Tulum will continue growing at rates of more than 15%.