Overview
- Property ID
- SP-0959
- Bedrooms2
- Bathrooms3
- Property Size98 m2
Description
New 9 condos for sale in an existing 29-condo community close to Popy Beach. Just 2-min. walk to the beach promenade and 2 more to any restaurant or business along the beach.
This second phase will add 2 new buildings with 9 condos of 2 and 3 bedrooms, a parking area, a coworking area of 100sqm, and a gazebo for sports or yoga. All this is around the current community garden that values its natural environment with a large variety of plants and fruit plants.
2-BR units Building B
Access will be to a large terrace facing the garden. On the front, the living, dining room, and an open kitchen are all in a large single area. On the back a shared bathroom and two bedrooms. One of them with an ensuite bathroom.
3-BR units Building A
Accessing to a large area with the living, dining room, and an open kitchen. On the other end of the room, a large terrace. On one side a corridor that links to a shared bathroom and the 3 bedrooms. One of them with an ensuite bathroom and access to the terrace.
Payment Conditions
U$5,000 to reserve
15% Initial payment at the signature of the Promise of Sale
15% Starting the construction
15% Startinn of structural works
15% Starting of Finishes
40% Final payment at the signature of the Act of Sale and delivery
Delivery
August 2024
About Punta Popy
Punta Popy is one of Las Terrenas' most vibrant beachfront neighborhoods — golden sand, consistent Atlantic swells and a lively beach scene, all within easy walking distance of the town center.
Frequently asked questions
How much is Modern 2-BR condos in a tropical oasis?
Modern 2-BR condos in a tropical oasis is priced at USD $253,000. It is a 2-bedroom, 3-bathroom property of 98.4 m² in Punta Popy, Las Terrenas. That works out to about USD $2,571 per square metre.
Where is Modern 2-BR condos in a tropical oasis located?
The property is in Punta Popy, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Punta Popy is one of Las Terrenas' most vibrant beachfront neighborhoods — golden sand, consistent Atlantic swells and a lively beach scene, all within easy walking distance of the town center. See all listings and a full neighbourhood guide on our Punta Popy area page.
What rental return can I expect from this property?
The estimated gross ROI is 6.1%. Projected rental revenue is around USD $1,920 per month, with an estimated monthly profit of about USD $1,332. 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 $2,530 and transfer/title tax USD $7,590. Ongoing annual property tax (IPI) is roughly USD $860. 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.
Similar Listings
