Scotiabank Mortgage Financing for Your Dominican Home in Casa Linda Residencial
Casa Linda is a friendly gated-community located between Sosua and Cabarete beach destinations in the North Coast of the Dominican Republic. It is one of the fastest-growing developments with over 20 years of experience in the residential industry. Canadians, Americans, and Europeans are homeowners in this community and we also call Casa Linda home.
This week, Casa Linda announced some important information regarding mortgage financing with the Scotiabank here in the Dominican Republic. This is very exciting news, especially for those that would love to own a Caribbean villa as a vacation home or perhaps as an investment property.
Casa Linda Announcement:
Scotiabank now offers exclusive mortgage financing program for your Caribbean home purchases with developer Casa Linda Residencial. This is will be available for our Canadian, American, and UK clients.
- Pay only 30% Down
- Up to 25 Years Term
- Fixed Interest Rate for 5 years of only 5.95% (US Dollars)
- This is the lowest (bank) mortgage interest rate ever seen in this country.
Secondly, the DR nationals or foreigners with cedula/residency (not plan regularizacion de extranjeros), there is an exclusive program available:
- Pay only 10% Down
- Up to 25 Years Term
- 9.95% Interest Rate in RD dollars (peso).
“All of Casa Linda’s titles in phases 7, 8 and 9 are in place and have deslinde.”
“Very soon, we will also announce to you the plans for our amenities and common areas…our new welcome cente, bar & grill, mini market and sales offices at entrance of phase 7, 8 & 9.” Update Feb 15, 2017: The new welcome centre is just a few weeks from opening and work is now well under way for the new putting golf as part of the amenities. Tennis courts were completed last year and the new aqua park should be completed by end of August 2017.”
Affordable Homes Starting $120K USD
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- Villa Verano with Ext Cover/Bar
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- Villa Sunset
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- Villa Capri
Casa Linda offers new homes at very affordable prices!
- Starting at $120K US for a moderate 2 bedroom villa, complete with your own private pool up to a custom built design.
- 10 different models to choose from and an in-house team of architects to help personalize your Caribbean dream home provides plenty of options. See Casa Linda Floor Plans and Pricing.
- Enjoy working with Casa Linda’s project coordinator to select your choice of granite, marble, specialty floor tiles, paint colours, door styles, accessories and so much more.
Excellent Return On Investment
Owning a villa with Casa Linda makes for an excellent return on investment especially with today’s strong tourism market in the Dominican Republic. Real estate in the Dominican Republic is still the least expensive in the Caribbean.
Casa Linda has a fully managed in-house rental program in operation for over 20 years. With a sophisticated online booking system, international rental client list, and a guaranteed rental income, this development is very attractive for foreign investors. See Live&Invest Overseas “Living, Retiring and Investing in the Dominican Republic”
Ask for the new 2017 Buyers Guide and learn more about Casa Linda Residential’s developer financing, buying process and new Condo project. If you have any questions on other properties, please feel free to contact me: Richard Regan at [email protected]
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