Tropical 1 Bedroom Walk To The Beach in Bavaro, East Coast, DO

This condominium community consists of 4 buildings, each containing 24 condo units, for a total of 96 condos with 1 and 2 Bedroom distribution. The developer has a positive history of completing developments close to the estimated completion date. Built by the original El Cortecito prime developer, known for 6 other favorite condo communities in the El Cortecito Beach town area. Larger sizes, smart floorplans with extra large and walk-through closets have always been the primary advantages offered by this developer. These condo communities have collectively been featured in more than 10 HGTV episodes since 2010.

Large one-bedroom condos are 925 sq. ft or 86 m2 each. Large two-bedroom condos are 1237 sq. ft or 115 m2 each. As of April 17, 2024, only FOUR (4) two-bedroom condos remain. Prices will continue to increase.

Onsite Amenities:

• Large Infinity Swimming pool
• Community BBQ lounge area
• Built-in BBQ grill included in the price
• All units have a pool view
• Each building has 14 rooftop terraces on the 5th floor, which can be purchased optionally. These can include an additional bathroom and a BBQ area.

Stove/oven, extractor vent, and refrigerator are included in the price.

Rooftop Terrace Sizes (Optional Purchase):

• 150 sq. ft (14 m2) / $11,900 U.S.
• 322 sq. ft (30 m2) / $27,500 U.S.
• 376 sq. ft (35 m2) / $32,000 U.S.
• 430 sq. ft (40 m2) / $31,500 U.S.

Example Pricing:

• 1 Bedroom Ground Floor Condo at $156,700 + Mid-sized private rooftop (322 sq. ft.) at $27,500 = $184,200 U.S.
• 2 Bedroom Ground Floor Condo at $209,500 + Mid-sized private rooftop (322 sq. ft.) at $27,500 = $237,000 U.S.

Additional Features:

• Each building is equipped with an elevator and a service staircase.
• High-end finishings with a combination of modern modular and solid wood.
• Great, sensible floorplan.
• Front entry and Lobby.
• Large pool and gazebo with community BBQ grilling area.
• These 1 Bedrooms are larger than some other new construction 2 bedrooms in the area.
• The price per sq. meter is competitive for new construction this close to the beach.
• 6-7 minute walk to El Cortecito beach.
• 2 minute walk to the closest shopping and dining amenities.

Payment Plan:

• $2,000 U.S. Reservation Deposit
• 20% Due After Signing Sales Contract (Within 30 Days)
• 30% Divided into 3-4 payments during construction (buyer’s option, schedule adjustable)
• 50% Due Upon Delivery

Developer Direct Financing Available:

• Up to 8 years to pay
• 50% Down Payment Required
• Reasonable interest rate (1% over average bank rates in the DR, estimated 7.5% - 9.5%)
• Loan application and credit history evaluation required; approval is at the developer’s discretion.

Estimated Delivery Date: May 2025

This new development is exclusively sold through 4 Real Estate Agencies.

Location Highlights:

• Fun, safe, expat neighborhood of El Cortecito.
• Short walk to the beach and multiple beach accesses with bars/restaurants.
• Over 40 dining options nearby.
• Variety of shopping, grocery stores, medical services, pharmacies, ATMs.
• Recreational areas like tennis, basketball, and children’s playground.
• Short drive to Cocotal Championship Golf Course and KATMANDU theme park.
• 12-minute drive to Downtown Punta Cana (San Juan Mall, IKEA, various shops and entertainment).
• 22-minute drive to Punta Cana Village and Resort.
• 25-minute drive to Punta Cana International Airport.

Public Transportation:
Available for $1.00 p/p one way to various destinations including Downtown Punta Cana, Punta Cana Village, Fruisa, or Veron. Buses run 20-25 minute rotations and are safe and frequently used by locals and tourists.

Migration to Punta Cana and Bavaro beach towns has increased significantly. Inventory is low, and property values are rising. This is an opportune time to buy at early-bird pricing.