New condos minutes from the village

 

Property Description

115 to 130 m² / 1,240 to 1,400 Sq ft

This new community is composed of 2 residential buildings of three floors each, the buildings are located around one outdoor pool. The residential will offer two types of apartments of different sizes that can accommodate families or groups of 4 to 8 members.. Each building will have 6 apartments, all will feature 2 bedrooms and spacious living areas, some with rooftop terraces.

The owners will benefit from a barbecue facility, bathrooms in common areas, shared lounge, an outdoor pool and free WiFi. There is 24 hour surveillance.

Monthly maintenance costs will be $150 USD for the small condos and $160 USD for the bigger condos. It includes all the maintenance of the common areas, security, gardeners, janitors and exterior maintenance in general.

The developer uses superior quality materials for the finishes, for coverings (porcelain and ceramics) in floors, bathrooms and kitchen. Sanitaries, electrical accessories and door and window fittings of the best quality existing in the market in order to guarantee durability. Also, solid woods for doors, closets and kitchens will be used.

The location of the bedrooms in the back of the buildings is ideal as it offers a good isolation from the activity in the common areas. Through the correct location of the windows, owners will enjoy well-lit and ventilated interior spaces (cross ventilation). Also making each apartment energy efficient.


UNITS AVAILABLE

12 units will be built. Pre-sale is open. Delivery in December 2019. 7 are already reserved.

  • 6 units Type S with 115 m² / 1,240 Sq Ft of construction, 2 bedrooms, 2 bathrooms, 4 guests maximum.

  • 6 units Type A with 130 m² / 1,400 Sq Ft of construction, 2 bedrooms, 3 bathrooms, 8 guests maximum.

Of the 12 total units, 4 have a 60 to 75 m² / 645 to 810 Sq Ft rooftops.
You can follow the project's current state via this link https://www.flickr.com/photos/138985523@N02/


PROPERTY MANAGEMENT

The project combines hotel management and rental services with the possibility of using and enjoying your condos.

Functional properties with competitive prices. Worry-free investment with dollar income (optional). The management takes care of everything. Self-generated maintenance expenses. Two potions offered.

1 - Guaranteed Fixed Income.

In this modality the acquirer will receive a fixed monthly income and without delay for the sum of $700 or $750 USD depending on the unit in question. The administration will manage and operate the property in rentals transient. The owner can make use of the unit or anyone who is available with a prior notice and the days of use are deducted from the monthly payment with a special price. Ideal for investors.

In this modality, the administration is responsible for maintaining the unit and its furniture in optimal condition and at low cost.

2 - Rent and Property Management (80% - 20%).

The property generates income when the owner is not using it! The property will be included in a rental program and the income generated will be will distributed among all the owners belonging to the rental pool and the administration in a proportion of 80% and 20% respectively.


The Developper

The developper has developed the several communities and condominiums in Las Terrenas, 40 Units and 48 Units and now they are developing this project of 12 units

The developer of the project have previously showed high construction standards at a very competitive price. They are building in an area that has become the pole of tourism development and a reference for real estate investments in the Dominican Republic and Las Terrenas.

This new project is is only 3 minutes by car from the beaches and at the same time away from the noise and business of the center of Las Terrenas. In 10 minutes by foot you are at the beach or "el Pueblo de los Pescadores" where you will find the main streets and squares, shopping areas and other points of interest likes bars and restaurants.

This development is an excellent investment option for its benefits, operating costs and price range. Request more info below.


Prices in USD From: $108,000 to $160,000

5% of the sale price at the signing of the contract
35% at the start of the construction in 2018
50% during the length of the work
10% at the delivery at the end of 2019
Financing available for the Balance of the apartment via the national financial institutions.


Location

 

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