Torre Fauri Torre Fauri is an elegant apartment tower with an area of 843 square metres, built in an innovative architectural style, with a practical design. From the balcony you can enjoy a spectacular sight of the city. +1809-541-20-20 +1809-601-44-99 +1809-330-44-99 tdiaz@remaxm.net Tanya Diaz Soto, RE/MAX sales manager
Construction company, conformed with the Dominican Republic regulations laws FULCAR & ASOCS. S.A. The main goal of our company is defined by the Design, Construction, Supervision and Development of projects, having a wide experience in «Turn Key Projects» in which our staff of Architects, Engineers and Planners takes care of every minimum detail to carry out the projects from the earth movement until their final completion. The office personnel, who are the «soul» of our company is a well trained crew, having a big experience in Computerized Aided Design (Auto Cad), Microsoft Project, 3D Design and many other computer softwares. The field personnel as well perform the job in a professional manner, following strictly the schedules and always looking forward to prevent any problem that may arise and could affect the normal development of the projects. Summary of main projects Following, a brief description of the main projects carried out by our company. Expansion of the existing Pediatric Hospital Maternidad San Lorenzo de Los Mina Amount: RD$160,000,000.00 (In progress) Construction of the Los Mina Sanitary Center (In progress) Amount: RD$10,000,000.00 Construction of the Uvero Alto by the Sea Luxury Condos project (In progress) Amount: US$16,470,000.00 (In progress) Restoration of the Second Floor in Càmara de Cuentas Building (August 2006) Amount: RD$12,000,000.00 Restoration of the Palace of Justice Building (July 2000) Amount: RD$13,000,000.0 Construction of the Fauri Tower (In progress) Amount: US$3,000,000.00
Design and Construction of Medolife Medical Center (In Progress) Amount: US$4,5000,000.00 Design and Construction of 2 Residential Houses (In progress) Amount: RD$5,000,000.00 Phone: 809-532-1572 Fax: 809-533-9392 E-mail: fulcaryasoc.@gmail.com Location: Santo Domingo, Plaza Jardines del Embajador, Suite 307, third floor, Bella Vista MAYSETU S.A. Company was founded in July 1992 for the purpose of construction of upscale apartments, for customers who appreciate comfort and luxuries of life. Currenty MAYSETU company in partnership with FULCAR Y ASOCIADOS is building a multiple apartment building сalled TORRE FAURI which we are offering in this website.
Floor Plan Six 2-level penthouse of 98, 101 and 102 m 2 with 1 bedroom on the first level. Large terrace on the second level with jacuzzi. All floors from the 2 to the 8th have an identical lay-out. 3 apartments are located on each one of them: 1 apartment with 1 bedroom of 65 m2 area, 1 apartment with 2 bedrooms of 178 m 2 areas and 1 apartment with 3 bedrooms of 208 m2 areas. Pool, 1 appartment of 62 m 2, 2 appartment of 65 m 2 and 1 of 143 m 2. Lobby in marble with video intercom. 10 9 8 7 6 5 4 3 2 1 0-1 Six 2-level penthouses of 98, 101, 102 (m 2 ) Apartments of 65, 178, 208 (m 2 ) Pool, apartments of 62, 65, 143 (m 2 ) Lobby, reception, parking Underground parking The cost of the underground parking is included in the budget of the apartment. There is 1 parking space reserved for the owners of 65 and 62 meters apartments; 2 parking spaces for owners of 178, 143 and 208 m 2 apartments and 1 parking spaces for the penthouse.
Penthouse 2 levels of 102 m 2 1 level Penthouse features 2 levels of 102 m 2 Big bedroom Large closets on the first and second levels Service Room Integrated kitchen Big living rooms at the two levels of penthouse 2 level Large terrace on the second level Jacuzzi on the terrace Price $ 168 300
Penthouse 2 levels of 101 m 2 1 level Penthouse features 2 levels of 101 m 2 Big bedroom Large closets on the first and second levels Service Room Integrated kitchen Big living rooms at the two levels of penthouse Large terrace on the second level 2 level Jacuzzi on the terrace Price $ 166 650
Penthouse 2 levels of 98 m 2 1 level Penthouse features 2 levels of 98 m 2 Big bedroom Large closets on the first and second levels Service Room Integrated kitchen Big living rooms at the two levels of penthouse 2 level Large terrace on the second level Jacuzzi on the terrace Price $ 161 700
Apartments of 208 m 2 Apartment features 208 m 2 3 bedrooms 3 closets Service Room Terrace Integrated kitchen Big living room The cost of the undergroung pakring is included in the budget of the apartment Price 2-3 floors $249600 4 floor $251600 5 floor $253600 6 floor $255600 7 floor $257600 8 floor $259600
Apartments of 178 m 2 Apartment features 178 m 2 2 bedrooms 2 closets Service Room Terrace Integrated kitchen Big living room The cost of the undergroung pakring is included in the budget of the apartment Price 2-3 floors $213600 4 floor $215600 5 floor $217600 6 floor $219600 7 floor $221600 8 floor $223600
Apartamentos de 143 m 2 Caracteristicas 143 mt 2 2 bedrooms 2 closets Service Room Integrated kitchen Big living room The cost of the underground parking is included in the budget of the apartment. Price $171 600
Apartments of 65 m 2, 1 floor 1 type Caracteristicas 65 mt 2 1 bedroom 1 closet Service Room Integrated kitchen Big living room The cost of the underground parking is included in the budget of the apartment. 2 type Price $90000
Apartments of 65 m 2, 2-8 floors Apartment features 65 mt 2 1 bedroom 1 closet Service Room Integrated kitchen Big living room The cost of the underground parking is included in the budget of the apartment. Price 2-3 floors $90000 4 floor $90800 5 floor $91600 6 floor $92400 7 floor $93200 8 floor $94000
Apartments oft 62 m 2 Caracteristicas 62 mt t 1 bedroom 1 closet Service Room Integrated kitchen Big living room The cost of the underground parking is included in the budget of the apartment Price $87 000
Conditions of purchase Contract agreement You agree the contract for the purchase of an apartment within one of the construction stages, specified in section «Established price of purchase of apartment» according to the current price. Within 10 calendar days from the moment of the conclusion of the contract you are obliged to bring a deposit at a rate of 10% from the cost of the acquired apartment. Deposit calculation is made by the cost of the apartment operating at the moment of signing the contract (section «Established price of purchase of apartment»). For example, you agree the contract for the purchase of an apartment of 65 square meters of area on the 1st floor of the building. You have agreed the contract on August, 1st, 2010. The amount of your deposit in this case will be 9 000 $ (90 000 $ of 10%). Further payment You should pay the remaining 90% of the purchased area in the following specified terms: 10% not later than in 30 days from the moment of the contract conclusion 20% not later than 01.10.2010 20% not later than 01.01.2011 40% not later than 5 days after reception by the client of our message on readiness of apartment. At default of the given conditions the contract is considered terminated (the next day after the payment expiry of the term if the amount of the term stipulated by the contract is not brought or is brought incompletely). Moreover, the deposit thus is not returned back. Partially paid means besides the advances will be returned to you within 10 calendar days from the moment of contract cancellation.
Benefits of location Location of the Project This project is located nearby the Main Street in Santo Domingo, from its privileged location, you will have an easy access to the biggest malls, supermarkets, restaurants, recreational and night places within the central city. Living in Santo Domingot Capital of the Dominican Republic is located on the southern coast of the Caribbean Sea, the city named in 1990 as a UNESCO World Heritage site, with more than 500 years history. It is a city rich in culture, with beautiful natural and urban landscapes, with large corporate buildings, parks, museums and entertainment centers. Advantages of climate The climate is tropical in Santo Domingo, a climate of Caribbean coastline, with a comfortable temperature all year round, with average annual temperatures of 24 to 26 degrees Celsius. In Santo Domingo, the rainy season is from May to October, while during the rest of the year it is sunny and temperature is about 26 degrees. The humidity is quite high almost all year round. It s a mild climate without extreme changes which makes life easy to take in the country.
Investment appeal The prices for real estate in the capital of the Dominican Republic have a steady tendency to growth. Even in crisis. Why it occurs? Growth of economy in Dominican Republic Steady growth of economic indicators in Dominican Republic. Despite world economic crisis in the country a positive dynamics on both industrial indexes and population incomes takes place. So, in 2007 the gross national product growth has reached 10,7 %, in 2008 9 %, gross national product Volume reaches now 77 billion dollars, and in recalculation per capita 8 400 dollars. The peso course to dollar for some years has been in an interval from 35 to 36 peso for dollar. The foreign trade balance has been positive for many years now. The number of tourists coming to the Dominican Republic is more than, for example, in Turkey! Quite good indicators for a developing country! Absence of the factor of seasonal prevalence Absence of the factor of seasonal prevalence in the capital. In the east and the north of the country tourists come to rest zones mainly from September till January, in the capital habitation takes and releases people who are engaged in business. And it demands presence all year round. Habitation demand in the capital in comparison with other regions The majority of buyers of real estate in Punta-Cana, Puerto Plata and Samana are foreign citizens from Europe and North America, who get apartments and country houses for rest. As crisis has affected these countries rather seriously, so incomes of potential buyers were reduced. People start to save, including expenses for rest. At the same time, if a foreign citizen is doing business in the Domincan Republic he is most likely to live in Santo Domingo. And if he lives in Santo Domingo he cannot do without a habitation (own or rented) at all.
Activity of citizens of Dominican Republic in the habitation market In connection with steady growth of personal incomes, demand for apartments among citizens of the Dominican Republic grows. Demographic situation in Santo-Domingo and business activity Let us remind you that 3 000 000 people live in Santo Domingo it is a big city. Every year the city is visited by 1 000 000 tourists. Besides, it is the capital, and most of the money is here! Advantages of tenancy of the real estate in the capital The cost of rent of one square metere of the real estate of comparable quality near the surrounding area of the project minus expenses on utilities and electricity makes not less than 10 US dollars a month. In a year it is 120 dollars. In case you sign the contract on apartment acquisition within the period from 10.01.2009 till 31.05.2010, the square metere of the area on 1-3 floors would cost 1 200 US dollars. Profitability of your investments can reach 10% a year. It is quite comparable with profitability of business in which the owner himself participates in management for example, with profitability of a hotel! And thus the price rises for the real estate as well! Comparison: purchase and tenancy of apartments in a tourist zone For comparison let s take the cost of rent of apartments on the northern coast (one of the apartment complexes between Sosua and Cabarete): renting apartments with the area of 60 square metres at a cost of 120 000 dollars, you can count on rent earnings in an amount of 700 dollars per month. Then you will give 200 dollars for utilities and electricity services. Thus, there are left 500 dollars a month, or 6 000 dollars a year. It is only 5 %! And apartments in tourist zones are never filled all-the-year-round. During a season (these are 4-5 months, from September till January) deficiency of habitation comes up, and the rest of the time there are few visitors. So annual profitability, most likely, will be even lower. It is quite easy to check this statement. Visit any of sites of leading agencies on real estate sale in Dominican Republic (www.dominikana.us, www. coldwellbanker.su, www.remax.com, www.caribic-invest.com), and compare the cost of acquisition
of apartments and the cost of their rent (as a rule the rent section on all sites is present). Compare thus apartments in the same complex, as a rule they are easily identified on a photo. For example lot RE2023 on site Remax.com. By the way, the sale price is specified on it. In summary it would be desirable to notice that due to the location of the building in our offered project, it has a rather high liquidity. If you want to sell an apartment, you can do it in about two months, without doing even any discounts, as habitation of similar quality in the offered area and under such prices as our offer in Santo Domingo is poor. All listed advantages are pledge of stability of your investments. For the same reason by getting an apartment in our project, you can count on an annual gain of its market cost. It is especially actual in a world economic crisis and high inflationary indicators of the basic world currencies. Benefits of acquisition of apartments in our project are not limited by this. You can lease your acquired apartment, having thus high return of the invested capital!
Torre Fauri +1809-541-20-20 +1809-601-44-99 +1809-330-44-99 tdiaz@remaxm.net Tanya Diaz Soto, RE/MAX sales manager