Overview
- Property ID
- SV-1052
- Bedrooms3
- Bathrooms3
- Property Size200 m2
- Property Lot Size2,741 m2
Description
Discover the potential of this property, a hidden gem awaiting your vision for renovation. Nestled on a spacious 2,741 square meter plot, it is embraced by verdant trees and a charming garden, offering an oasis of tranquility. Inside, you’ll find 3 bedrooms, a private pool, and exclusive access, complemented by a generous living area featuring a tropical-style kitchen and a refreshing terrace, perfect for savoring the outdoors.
Furthermore, this property is equipped with solar panels and air conditioning, ensuring both comfort and energy efficiency. The expansive land layout presents a unique opportunity for expansion, allowing for the construction of up to 3 additional bungalows—an ideal prospect for rental projects.
Conveniently located near major roads, including easy access to the airport and the picturesque beaches of Portillo, Bonita, and Coson, this property offers both accessibility and serenity. Don’t miss out on this exceptional investment opportunity. Seize the chance to embark on a highly efficient project in a prime location.
Take the first step towards realizing your vision today.
About Center Town
Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals.
Frequently asked questions
How much is Hidden gem awaiting your vision for renovation?
Hidden gem awaiting your vision for renovation is priced at USD $250,000. It is a 3-bedroom, 3-bathroom villa of 200 m² in Center Town, Las Terrenas. That works out to about USD $1,250 per square metre.
Where is Hidden gem awaiting your vision for renovation located?
The property is in Center Town, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals. See all listings and a full neighbourhood guide on our Center Town area page.
What rental return can I expect from this property?
The estimated gross ROI is 11.9%. Projected rental revenue is around USD $3,210 per month, with an estimated monthly profit of about USD $2,579. 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 $2,500 and transfer/title tax USD $7,500. Ongoing annual property tax (IPI) is roughly USD $830. 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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