Overview
- Property ID
- SP-1063
- Bedrooms1
- Bathrooms1.5
- Property Size71 m2
- Property Lot Size123 m2
Description
Welcome to this new modern residence, your dream destination on the stunning beach of Punta Popy, Dominican Republic! Imagine waking up every morning to the sound of the sea and the gentle Caribbean breeze.
This project is a fusion of the best hotel rental cluster with an exceptional architectural concept, offering only 16 apartment units distributed in 2 blocks of 3 levels each.
This unique community guarantees a privileged beachfront location, an on-site restaurant to satisfy all your gastronomic cravings, parking spaces available for your convenience, and an outdoor pool surrounded by relaxation areas for your enjoyment.
As an owner, you benefit from being under the CONFOTUR Law, which exempts you from tax obligations such as real estate transfer and property taxes for 10 to 15 years.
Prices for the units start from $236,913.60 for 1 bedroom and $374,107.65 for 2 bedrooms, with payment facilities including an initial deposit of USD$5,000.00, payments during construction, and the remaining balance upon delivery. All of this comes with the guarantee of high-quality finishing and appliances included.
Don’t miss the opportunity to be part of this unique experience. Delivery is scheduled for December 2024. Contact us today for availability and prices.
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 New beachfront project in Punta Popy?
New beachfront project in Punta Popy is priced at USD $236,914. It is a 1-bedroom, 1-bathroom property of 70.7 m² in Punta Popy, Las Terrenas. That works out to about USD $3,350 per square metre.
Where is New beachfront project in Punta Popy 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 2.9%. Projected rental revenue is around USD $1,125 per month, with an estimated monthly profit of about USD $604. 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 $2,369 and transfer/title tax USD $7,107. Ongoing annual property tax (IPI) is roughly USD $699. 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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