Samana Land Trust

Overview

The project and where it stands.

This is not a property purchase. Samana Land Trust is a listed security (ISIN CH1108678249) issued through a compartment of Estating Property Vault S.A. in Luxembourg, which lends the proceeds to a land bank on Costa Samaná. Investors receive a 12% annual coupon paid quarterly and a redemption of 210% of principal after five years, or 150% after three if the mutual exit option is exercised; the issuer quotes over-collateralisation of roughly 185% against Dominican land and guarantees. The fund is US$20 million, with US$8 million committed at the time of publication.

At US$50,000 it is the lowest ticket in the Dominican portfolio, but it does not on its own qualify for the investor residency route, which requires US$200,000. Treat it as a yield instrument backed by land, with the issuer and structure risk that implies, and read the note documentation before anything else.

• Minimum US$50,000; fund size US$20 million
• 12% p.a. coupon paid quarterly
• Redemption 150% at year three (optional) or 210% at year five
• Securitised in Luxembourg; ISIN CH1108678249

Pricing

Minimum investment: USD 50,000 (individual investors). Fund size: USD 20 million, of which USD 8 million was already committed at the time of publication.

Developer pricing in US dollars, correct when we last checked. Availability and unit prices move; we confirm both before you reserve.

Projected returns

Target IRR: Above 25%. Investors receive a 12% annual coupon (paid quarterly) and 210% redemption after 5 years (or 150% after 3 years if the mutual exit option is exercised).