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USD $654,000

Condo in Las Terrenas, Dominican Republic

Residential project located on a hill 500 meters from downtown Las Terrenas and 600 meters from its beautiful beaches.

With panoramic views of the Atlantic Ocean, swimming pool and hills, there are only two exclusive duplexes with roof-contemporary style units. Each apartment offers breathtaking sea views, bright natural light, and terraces subtly combining shade and sun.

The contemporary-style has large floor-to-ceiling windows open to the ocean, rooftops with breathtaking views, high quality services, swimming pool area, bar-restaurant, gym and spa facing the sea, making it a unique project in Las Terrenas.

Ideally located close to all amenities, with access to Popy and Las Ballenas beaches and in the center of the village with shops, this project meets all your expectations for comfort and tranquility.

Purchases are tax exempt through Tourism Department incentive or COFONTUR.

First buyers will be exempt of:

• Title transfer taxes (equivalent to 3% of the value of the property.)
• Rental income tax(normally 27%) for 15years (renewableevery15years.)
• Annual property tax for 15 years (also renewable every 15 years.)

Common fees of USD $455.00 a month include: maintenance of garden and common areas, employee, receptionist, maintenance of the swimming pool, security (1 night / 1 day), condominium management, material and supplies, insurance of the private buildings and common areas, common electricity and gas of the common areas, trash collection, water, Internet and administrative fees.

One unit has on the first level the three spacious bedrooms, each with private bathroom, on the second floor the kitchen, living room, guest bathroom, two terraces, a deck that can be used as dining room and BBQ, and one uncovered to sunbathe in long chairs. The third level is a large terrace with space for a sundeck and hot tub.

The other unit has the first level the kitchen, living room, terraces, and the rooms with bathrooms and closets are on the second level, the third level is the same as the previous one.

As an owner, you can enjoy your apartment all year round or be part of our "Hotel Service" program to maximize your income.

Property Details

Property ID LT-C-0476 Community: Las Terrenas Unit Size: 227 m² / 2443 ft²
Bedrooms: 3 Bathrooms: 3.5 Lot Size: 367 m² / 0.09 acres
Distance to Beach: 600 m / 656 yds

Additional Property Photos

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