ABOUT THE PROJECT

PALACE SUITES will be in front of the Caribbean Lake Park. Thus granting a sight totally privileged to this magnificent park.

The project, the most sublime in the heart of Punta Cana, palace suites downtown is located in one of the top strategic points of investment, where the main amenities of entertainment and services of Punta Cana are. It will have a totally unique concept and unrepeatable, offering a hotel experience, merged with a tropical design and innovative amenities.

Palace Suites holds 325 units across 5 floors. All units are the same, except first floor that includes a 12sqm (120 sqft) pool and the fifth floor that includes a rooftop with a terrace and a 6sqm (sqft) pool.

Is good to clear out that you with your purchase you will get a Property Title and can sale at any time.

Prices and dimensions per unit

1st floor: 35sqm (377 sqft) + 6.5sqm (33sqft) of terrace + 12sqm of pool = 53.5sqm (577sqft) at USD$152,500

2-3-4th floor: 35sqm (377 sqft) + 3sqm (33sqft) of balcony = 38sqm (420sqft) at USD$109,000

5th +PH: 35sqm (377 sqft) + 3sqm (33sqft) of balcony + 41sqm of Rooftop and pool = 79sqm (851sqft) at USD$162,500

AMENITIES

-Fully furnished

-Tax exempt project

-Condo hotel services (estimated ROI of 12%)

- Lobby of 500sqm (5385sqft)

-Co-Working area

-Sky Bar Lounge

-Gym and Spa

-Event Saloon

-Restaurant and Bar

-Kids playground

-Central pool and kids pool with sliding

-Dry-cleaning services

-Valet parking services

DISCOUNTS FOR BUYERS
20% COCONUT BONGO
25% CARIBBEAN LAKE PARK
10% RESTAURANT BATU

FREQUENT QUESTIONS

• What will be the monthly maintenance cost?

The monthly cost of condominium maintenance will be approximately between USD$200 to USD$300 per month depending on the type of apartment (includes general and pool maintenance).



• How many parking spaces will each SUITE have and will they be assigned?

Each SUITE will have a parking space and will be assigned by the promoter, in turn the project will have twenty (20) visitor parking spaces.



• Will hotel management service be offered?

Yes, it will cost 30% of the monthly income obtained.



• What is the cost of modification to make the door for the connection?

The cost is Two Thousand Five Hundred Dollars USD$2,500.



• Will there be a pergola on the terrace of the Penthouse?

The pergola in the penthouse is optional and has a cost of Three Thousand Dollars (USD$3,000.00).



• Can I use my SUITE at any time?

THE SUITE may be used for 60 days per year, according to your preference and time.

It can be used by the owner, family member or friend, with just one reservation. These days used must be deducted from the monthly income.



• How much would it cost me if I decide to live in the SUITE indefinitely?

Pay the cost of monthly maintenance that ranges between USD$200 to USD$300, plus the consumption of electricity generated, all the time that it is used will be discounted from the monthly profitability.

When I occupy my SUITE during the period of 60 days, the entry?
Yes, in this case the days used for own use or for family members, would be deducted from the gross income.



Can I cancel the previously signed maintenance contract?
Yes, after two (2) to (3) years after the management company verifies the profitability of the project.



Do I have to pay general repairs, electricity payments, purchases of sheets and towels?
No, everything is covered with the signing of the administration contract.



Is it possible to use coworking for free?
Yes, as long as it is available.



Can the conference rooms be used?
No, they are only for rent, since they belong to the common area.



Additional income such as restaurant, day pass, bar, rooms, etc., are they included in the monthly income?
Yes, all these incomes are added within the monthly profitability.



If I don't rent my SUITE for the whole month, do I receive any income?
Yes, since the system is based on points divided among all the apartments regardless of their occupancy.

Why invest in Palace Suite?
Because you will recover your investment in approximately 8 years.



The value of the apartment will increase significantly, especially after opening?
Yes, if you want to sell you can do it and offer it as a profitable business with solid income.