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Punta Cana Resort & Club
$5,500,000
5Bedrooms
5Bathrooms
1,042m² Building
—m² Land
—Parking
Description
This beautifully furnished 5 bedroom villa has a classic design. Visitors may be interested to learn that Punta Cana specifically started out as a brand created in the early 1970's by Frank Rainieri, for a piece of land originally called Punta Borrachón (Drunkard's Point). Today, Punta Cana is the most recognized Dominican brand in the world. The development of Puntacana Resort & Club dates back to 1971 when Dominican businessman and hotelier Frank R. Rainieri and Theodore W. Kheel, the prominent New York attorney and labor mediator, created a partnership to construct a resort and real estate ...
Highlights
Furnished
Main Characteristics
ReferenceAVS-263962
Price$5,500,000
TypeVilla
ConditionCompleted
FurnishingFurnished
Bedrooms5
Bathrooms5
Building Area1,042 m²
Status & Finances
Title VerificationInfo Not Provided
Property Price$5,500,000
Down Payment (20%)$1,100,000
Loan Amount$4,400,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$165,000
Legal & Notary Fees (~1.5%)$82,500
Bank Fees (~1%)$55,000
Appraisal Fee$350
Total Cash Needed at Closing$1,402,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.