Tropicana Caribe on North Coast Looks for Partners

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Tropicana Caribe on the north coast of the Dominican RepublicThe European investment group called Bridgepoint are currently looking for new investment members to take part in their latest project which is a hotel and resort on the north coast of the Dominican Republic.  Bridgepoint are looking to develop Tropicana Caribe an all inclusive four star hotel complex comprised of 352 rooms which is located in Puerto Plata on the north coast of the Dominican Republic. The group has agreed to purchase 180 of the hotels 352 total units, the developer has agreed to then re-sell all units owned by the group prior to selling any other units within 3 years.

In the event that the Developer fails to re-sell the units within the 3 year deadline they have agreed to re-purchase the units the group originally secured at a 20% premium.  Sounds like a good investment opportunity.  The units are being sold with built in equity at $150,000 per unit.  New investors will need to put down a 20% payment to get involved with the group.  to find out more about this investment go to http://www.bridgepoint-capital.com.

Read 654 times Last modified on Thursday, 11 September 2008 08:30

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