Condo in beachfront apart-hotel

Cosón, Coson Bay, Las Terrenas

Features

• Beachfront
• Furnished

Description

Welcome to this brand new 2-bedroom condo perfect for beach lovers. Located in Coson Bay Hotel & Residences, a high standing apart-hotel, right in front of the beach of Cosón, in Las Terrenas. The condo is on the first floor and enjoys one of the best locations inside the compound. The view at the ocean from the large patio on the front ensures memorable sunsets and peaceful moments by the beach. For more comfort, the current owners have remodeled the patio to install a mini-bar with a small refrigerator.

The apartment is built around a large open living space, inviting light in. The master bedroom is very spacious and bright and has its own full ensuite bathroom. It has also a direct access to the front patio. The guest bedroom is equipped with one built-in queen bed and 2 single beds. The guest bathroom is independent of the bedroom. In the living room is a Murphy bed for 2 persons. In total, the apartment can accommodate up to 8 people. Ideal if you look to yield more profits from rental.

Inside the apartment, everything is brand new and super equipped. Flat smart TV’s in each bedroom and in the living room. Adjustable sofas. Laundry cabinet with washing machine and dryer. If you like to cook you’ll be very pleased with the open kitchen and its peninsula cooktop. It is completely equipped with modern, stainless steel appliances of high quality: dishwasher, American fridge freezer with ice and water dispenser, oven, built-in wine cooler, water filtering…

In brief, this apartment is perfect for someone looking for luxury and comfort in one of the most exclusive hotels in Las Terrenas.

Ideal for rental purposes. Sold fully furnished and equipped.

Coson Bay benefits from the Confotur law. This law offers very attractive tax advantages to all buyers. These are; Property transfer tax exemption (3% of the purchase amount); Property tax exemption (IPI 1% annually); The exemption of the taxes in case of the capital increase and on revenues (27%). You can read more about the Confotur Law and approved real estate projects.

AMENITIES
Located meters away from the beach • High-quality construction, Premium quality products, Imported materials • Free Wifi, individual parking spot • Large terraces, leisure areas, outdoor swimming pools, children’s area • Elevators, reception, power plant • Business center, 24/24 security, & fully equipped fitness center • Poolside restaurant and beach club • Rental pool program available
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Location

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Cosón

This westernmost area of Las Terrenas runs along the long and scenic playa Cosón. It is a true haven of peace found just 10 minutes away from town.

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Coson Bay

This beachfront community is located in Playa Cosón, one of the biggest beaches in Las Terrenas, and at 4km from the center of town. This residence offers impressive amenities and the highest level of services of a 5* hotel. Most apartments offer ocean views and a gorgeous sunset over playa Cosón. Very calm and peaceful place, ideal for enjoying the beach and the sea.

Financials

Utilities: $140

Maintenance: $60

HOA Fees: $500

Monthly Rev. (50% occupancy): $1,920

Mngt Costs: $438

Monthly Profits: $782

Legal Fees: $3,250

Transfer Fees: $9,750

Yearly Taxes: $1,850

This listing

Price / SQM: $2,559

ROI: $3

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Market Price / SQM: $2,559

Market ROI: $3

Listing Agent

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.