USD $275,000

Exceptional development of luxury condominiums with high-end finishes and ample living spaces. The project is located in an oceanfront residential development on the hillside of Playa Las Ballenas. It is just a couple of minutes walk to the beach and unique panoramic views of the Las Ballenas landscape.

The project has a total of 21 units distributed in 3 buildings (BLOCKS A, B, C) of three floors, 9 beautiful penthouses apartments with rooftop suite (all of these are SOLD).

The apartments on the first floor have two bedrooms, 2 full bathrooms plus a half bathroom for visitors, a spacious living and dining room, a spectacular terrace of more than 33 m², laundry and technical room. All rooms are equipped with air conditioning.

There are 8 Condominiums on the first floor: Initial price: $275 000 USD

The condos feature a large covered patio with tropical gardens surrounding the property. The double glazed aluminum doors open completely to reveal ample living spaces, a comfortable living room and an Italian modular kitchen with island bar.
The project is built and developed by a local and recognized architect-builder with proven experience and success in Las Terrenas, Samana.

The quality of the construction is always of high standards and finished with the best materials: Coral stone floors, Quartz countertops in kitchen and island, Brazilian oak for all cabinets and interior doors, Stainless steel double glazed sliding doors and windows.

Residence amenities:
- 2 swimming pools
- Social area
- Gymnasium
- Breakfast restaurant
- Security 24/7

The payment terms are the following:

US$5,000 to reserve your unit
20% at the beginning of construction
25% when the foundations and structures are complete
30% at the start of finishing phase
25% at reception of the keys

HOA fees are estimated at US$ 1.5 per m² monthly, or less than US$ 200 for the 2-bedroom condos. They include internet, cable, security, maintenance and electricity of the common areas.

The project benefits of the Certification CONFOTUR (Law 158-01) which offers a 15-year Tax exemption for the first owners in the project:

Exemption from the 3% Transfer Tax for the transfer of the title
Exemption from the 1% Annual Property Tax (IPI)
Exemption from the Tax on Capital Gain when reselling the property
Exemption from the Tax on rental income