Overview
- Property ID
- SV-0808
- Bedrooms4
- Bathrooms4
- Property Size290 m2
- Property Lot Size1,200 m2
Description
Experience the tropical paradise of the Dominican Republic in this villa located in Las Terrenas with this breathtaking ocean view villa on the hills with very low owner costs situated in the sought-after Cosón area.
This stunning property boasts 4 bedrooms and 4 bathrooms, making it the perfect choice for couples, with young children or even retired.
Boasting a living area of 280 square meters, this property offers ample space to relax and unwind in style.
Nestled on a 1,200 square meters lot, this property is surrounded by lush tropical landscaping and boasts excellent condition. The property is modern and decorated in minimalist styles, creating a tranquil and inviting atmosphere.
The property features a nice parking space with a closed garage, living open spaces connecting inside and outside, and aluminum shutters to close off everything at night (if desired). It offers spectacular 180 degrees views of the Atlantic Ocean and the surroundings.
The property is energy efficient with very low costs to live in or to maintain.
As you enter the property, you’ll be greeted by the living room and kitchen opening onto a nice covered terrace facing the pool. The 2-story property features 4 bedrooms, 1 downstairs facing the pool and 3 upstairs including a master bedroom and a terrace enjoying the view of the ocean. Each bedroom has its own bathroom with a shower, sink, and toilet.
This property is located in an area populated by another 10 villas, in a quiet neighborhood.
The covered terrace made of wood could be easily and cheaply turned into another usable space with nice views. And, the roof of the house is ready for a little upgrade, pergola and hammocks, and a small jacuzzi with 360 degrees view.
The property is close to 20 minutes by car to the town with all amenities such as shops, restaurants, bars, and our gorgeous beaches.
The location makes it the perfect property for those who want the best of both worlds to be disconnected, yet to be not too
far from everything.
The annual property tax is well below 1,000 USD, and the homeowners association fees are nonexistent.
If you are looking to rent this property, we evaluate the rate per night to be 280 USD per night. Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of 3,049 USD.
This ocean-view villa on the hills with very low owner costs is available for sale and offers an excellent opportunity for foreign investors to own a piece of the Caribbean dream.
Take advantage of owning this beautiful property in the Dominican Republic. Book a viewing today!
About Cosón
Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land.
Frequently asked questions
How much is Ocean view villa on the hills with very low owner costs?
Ocean view villa on the hills with very low owner costs is priced at USD $660,000. It is a 4-bedroom, 4-bathroom villa of 290 m² in Cosón, Las Terrenas. That works out to about USD $2,276 per square metre.
Where is Ocean view villa on the hills with very low owner costs located?
The property is in Cosón, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land. See all listings and a full neighbourhood guide on our Cosón area page.
What rental return can I expect from this property?
The estimated gross ROI is 6.2%. Projected rental revenue is around USD $4,335 per month, with an estimated monthly profit of about USD $3,535. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $6,600 and transfer/title tax USD $19,800. Ongoing annual property tax (IPI) is roughly USD $4,930. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.
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