Overview
- Property ID
- SC-1241
- Bedrooms2
- Bathrooms2
- Property Size237 m2
Description
Experience the tropical paradise of the Dominican Republic with this exceptional beachfront penthouse located in Las Terrenas, directly on the renowned Las Ballenas Beach, within the sought-after La Palmeraie Residences.
This stunning penthouse offers 2 bedrooms and 2 bathrooms, making it an ideal choice for families, those who love to entertain, or buyers seeking a luxury beachfront lifestyle.
With a total living area of approximately 237 m² (2,551 ft²) spread over two levels, the property provides generous space and comfort in an exclusive oceanfront setting.
Located on the 3rd floor, the penthouse enjoys spectacular views of the beach and the ocean. The main level features a kitchen with peninsula bar, a dining area, and a bright living room opening onto breathtaking ocean views.
The main floor includes a master bedroom with a king-size bed, an ensuite bathroom with shower, and a private balcony overlooking the beach, as well as a spacious secondary bedroom with two king-size beds, an ensuite bathroom, and a private balcony with ocean views.
The rooftop level offers excellent potential to be designed as an exclusive relaxation and entertainment area, with space for an outdoor lounge and dining area, an elevated Jacuzzi with ocean view, and the possibility to create an additional suite with walk-in closet, ensuite bathroom with bathtub, and private balcony.
The property includes one parking space within the gated community.
Situated directly on Las Ballenas Beach, this penthouse provides immediate access to the sand and sea while remaining close to restaurants, shops, and the vibrant center of Las Terrenas—ideal for those seeking beachfront living with all amenities nearby.
This beachfront penthouse represents a strong opportunity for both personal use and rental investment, thanks to its prime oceanfront location and generous layout.
Contact us today to schedule a viewing and take the first step toward owning your piece of the Caribbean dream.
About Las Ballenas
Las Ballenas is the quiet coastal stretch between Playa Las Terrenas and Playa Bonita — a favourite for buyers who want genuine beach access and town walkability without being in the middle of the action.
Frequently asked questions
How much is 2-BR Penthouse in a Beachfront Community Ideal for Refurbishment?
2-BR Penthouse in a Beachfront Community Ideal for Refurbishment is priced at USD $455,000. It is a 2-bedroom, 2-bathroom condo of 237 m² in Las Ballenas, Las Terrenas. That works out to about USD $1,920 per square metre.
Where is 2-BR Penthouse in a Beachfront Community Ideal for Refurbishment located?
The property is in Las Ballenas, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Las Ballenas is the quiet coastal stretch between Playa Las Terrenas and Playa Bonita — a favourite for buyers who want genuine beach access and town walkability without being in the middle of the action. See all listings and a full neighbourhood guide on our Las Ballenas area page.
What rental return can I expect from this property?
The estimated gross ROI is 3.0%. Projected rental revenue is around USD $1,920 per month, with an estimated monthly profit of about USD $1,182. 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 $4,550 and transfer/title tax USD $13,650. Ongoing annual property tax (IPI) is roughly USD $2,880. 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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