For your Juan Dolio property to be tailored for investment, there are two important principles which should be followed.
- Firstly, minimize setup costs to allow investment opportunities to be a viable option to most investors. We recommend purchasing quality home furnishings and kitchen appliances as this will make your property stand out and add to the rental value.
- Secondly, to maximize profit on your property, there are several factors which must be given due care and consideration.
For example, many investors would require that their property be fully managed to provide a healthy rental income. Therefore a management company with prompt service like Juan Dolio Living would ideally maximize rental occupancy, room rate charged and to fully manage the day-to-day running of the property.
A favorable way for this to be setup is to buy a property within a hotel or resort like Metro or Guavaberry properties which are run by a well known operators. Again you can hire an independent property manager. This added brand name can greatly benefit the rental potential of your property from day one.
Capital growth is also an important aspect to consider. Investors ideally need to conduct research or speak to an agent to ensure that they are buying a property which will experience sufficient demand for rental and for re-sale. This on-going demand will ensure that property values will continue to increase and generate a substantial capital profit if and when the investor wishes to sell their property.
There are several tax breaks when purchasing Juan Dolio property. Besides low property taxes there is a 10 year property tax break when you buy property at selected developments and a zero percent first owner title registration tax break. There is also free life time family Golf Memberships on many properties all of which make buying a Juan Dolio property a very attractive proposition compared to buying in other areas.
With care and consideration, investors will be able to buy a Juan Dolio property which should adhere to all the above aspects and prove to be a profitable long term investment.
For more information on buying investment property contact Juan Dolio Real Estate at ……. 809 526-0988, info@JuanDolioRealEstate.com
