Overview
- Property ID
- SC-0212
- Bedrooms1
- Bathrooms2
- Property Size78 m2
Description
For sale is a stunning Santorini-style property that offers a unique and exclusive experience. This residence features a spacious bedroom, two full bathrooms, an equipped kitchen, a balcony with spectacular views, and a relaxing jacuzzi. In addition, it has an additional room that can be used as a storage room. The property is in an idyllic setting, with a theater perfect for events and cultural activities, a supermarket for added convenience, and a beautiful lake that adds serenity. Private parking ensures the safety of vehicles, complemented by 24-hour security and card-controlled access for added peace of mind and privacy. This is a unique opportunity to live in a luxurious and secure environment, with all amenities within easy reach.
About El Portillo
El Portillo is the secluded east end of Las Terrenas — long quiet beaches, coconut groves and established resort communities, with the Samaná international airport (AZS) just minutes away.
Frequently asked questions
How much is 1-BR condo in new project?
1-BR condo in new project is priced at USD $155,000. It is a 1-bedroom, 2-bathroom condo of 78 m² in El Portillo, Las Terrenas. That works out to about USD $1,987 per square metre.
Where is 1-BR condo in new project located?
The property is in El Portillo, Las Terrenas, on the Samaná peninsula of the Dominican Republic. El Portillo is the secluded east end of Las Terrenas — long quiet beaches, coconut groves and established resort communities, with the Samaná international airport (AZS) just minutes away. See all listings and a full neighbourhood guide on our El Portillo area page.
What rental return can I expect from this property?
The estimated gross ROI is 9.8%. Projected rental revenue is around USD $1,264 per month, with an estimated monthly profit of about USD $318. 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 $1,550 and transfer/title tax USD $4,650. Ongoing annual property tax (IPI) is roughly USD $0. 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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