Caribbean MLSReal Estate

Rare Multi-Unit Investment in El Cortecito

Available on request

The brief

The reason to consider it.

A rare opportunity to acquire an established apartment-hotel complex in the heart of highly desirable El Cortecito, just minutes from the beach and surrounded by restaurants, shops, entertainment and everything that makes this area one of Punta Cana’s most popular destinations.

This property offers 22 individually titled units across multiple buildings, including a mix of Studios, 1 Bedroom, and 2 Bedroom Condos with kitchens/kitchenettes. The complex boasts a private swimming pool, parking, and landscaped common areas.

It presents an attractive multi-unit investment opportunity with ideal potential for short-term rentals, vacation accommodations, or continued apartment-hotel operations. The strong location offers excellent proximity to the beach, restaurants, shops, and entertainment.

Caribbean Sun offers the opportunity to acquire an entire multi-unit property rather than a single condominium, providing multiple revenue-producing units within one established complex. With 22 individually titled residences, substantial land, desirable amenities, and an exceptional location in El Cortecito, this property offers an exciting opportunity for investors looking for a hospitality, rental, or multi-unit real estate investment in Punta Cana.

Last confirmed

Type
Condo
Land
22,066 ft²
Use
Hospitality
Lettable area
17,222 ft²
Tenants
22
Year built
Available on request

What this listing includes

  • Pool
  • Parking
  • Kitchen
  • Terrace

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