Caribbean MLSReal Estate

Modern Condo For Investment Minutes From The Beach Bavaro

Available on request

The brief

The reason to consider it.

Let me show you an impressive project with a completely new concept from the best developer in the country, with over 18 years of experience

The ultra-modern project includes:

  • 534 apartments
  • swimming pool ​​18 000 m2
  • commercial area
  • beach club
  • gym
  • spa
  • ecological trails
  • tennis courts
  • green area

All apartments have panoramic views. The price includes furniture, appliances and a parking space.

From the developer there is an interest-free instalment plan:

  • 20% reserve
  • 60% in progress
  • 20% upon delivery

The project is at the center of everything. It will take you only 6 minutes to be on the beach, 5 minutes to Downtown Punta Cana, 10 minutes to the hospital, 17 minutes to the airport.

Property will be exempt from the 3% tax on the first real estate transfer and the annual property tax (IPI) of 1% for 15 years.

Last confirmed

Type
Condo
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • Beach access
  • Fitness centre
  • Spa
  • Tennis court
  • Parking
  • Furnished

What people say about Dominican Republic

Sources agree on the core of buying in the Dominican Republic: foreigners, including non-residents, can generally own registered property on the same terms as Dominicans, but the buyer's own checks do the protecting.

  • Mixed Hire your own independent Dominican lawyer and check the title (and deslinde) yourself
  • Concern Pre-construction projects can stall or lapse; deposits and CONFOTUR claims need verifying
  • Mixed Closing costs and annual tax: 3% transfer tax, legal fees, IPI above a threshold, CONFOTUR exemptions
  • Concern Property managers: fees vary widely and owner experiences are uneven

Read what people say, based on 15 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law