Overview
- Property ID
- SB-0026
- Bedrooms8
- Bathrooms10
- Property Size271 m2
- Property Lot Size593 m2
Description
This stunning multi-unit property in the heart of Las Terrenas combines residential, commercial, and investment spaces, offering a unique opportunity for those seeking profitability in a highly attractive location. With a total of 8 residential units, a restaurant space, an office, and additional lots, this real estate ensemble provides flexibility for personal use and income generation in a secure community, just a 3-minute walk from the beach. Distribution of Residential and Commercial Units: – 5 One-Bedroom Apartments: Two on the second level, each with a private terrace, and three on the first level, perfect for short- or long-term rentals. – 3 Studios: Located on the first level, with private terraces and views of the gardens. – Restaurant: Includes a laundry area and reception. – Lots: Two lots of 160 m² and 162 m², perfect for expansion with parking, a pool, or recreational areas. – Office: Situated on the main avenue, ideal for commercial use or as a residential office. This property already generates rental income, located just minutes from the beach, restaurants, hospitals, banks, and supermarkets, it offers easy access to all essential services, making it a gem in the Las Terrenas market. It’s perfect for those seeking a combination of personal use and income generation in a prime tropical environment. Contact us today for more details and secure this excellent investment!
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 Cozy Lodging with 8 Units, Restaurant, and Office Space?
Cozy Lodging with 8 Units, Restaurant, and Office Space is priced at USD $737,000. It is a 8-bedroom, 10-bathroom property of 271 m² in Center Town, Las Terrenas. That works out to about USD $2,720 per square metre.
Where is Cozy Lodging with 8 Units, Restaurant, and Office Space 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 23.6%. Projected rental revenue is around USD $14,472 per month, with an estimated monthly profit of about USD $9,644. 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 $7,370 and transfer/title tax USD $22,110. Ongoing annual property tax (IPI) is roughly USD $5,550. 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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