New development with natural landscape

El Portillo, Las Terrenas

Features

• Oceanview
• Mountain view
• Tax-exempt
• Garden

Description

Welcome to this new development of nature surrounding condos in Las Terrenas. The community consists of 7 Intimate 3-storey condo-buildings (42 units) and a common area at the top of the hill inside the property with an infinity pool, terrace, bar & restaurant; overlooking a natural landscape, mountains around the community, and an amazing ocean view.

The community is designed to enjoy natural landscaping, mountains, and ocean view that creates a magical ambiance in a large green area of approximately 15,000 M2. The project is located only 3 minutes to the beach (1-km) with easy access to the center of town.

All the condos will enjoy inverter Split A/C, Individual Control Bedroom #1 / #2, Living / Dining Room & Kitchen; Tankless Electric Hot Water Unit; Modular Kitchen with 3/4” polished natural granite countertops.; Contemporary designed “floating style” vanities cabinetry; High-Quality Faucets; Exterior and Interior Doors in Oak; 9’ Ft. Floor-to-Ceiling Height in all Rooms; Panoramic Sliding Doors in Living Room and in Bedrooms #1 and #2; Contemporary Imported Porcelain Floor Tiles; Surveillance Cameras in Selected Entry Points and Parking Areas; Elevator Servicing all Floors; Key Fob Entry System; 1 Parking Space Per Apartment, Plus Available Visitor Parking.

Also, the community will be Tax-free for 15 years. Prices starting at US$259,000 for a 2BR condo, reservation from US$5,000.00
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Location

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El Portillo

The easternmost area of Las Terrenas runs along the wild beach of El Portillo. It is home to an all-inclusive resort and several private communities.

Financials

Utilities: $140

Maintenance: $60

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

Mngt Costs: $438

Monthly Profits: $1,282

Legal Fees: $2,590

Transfer Fees: $7,770

Yearly Taxes: $1,190

This listing

Price / SQM: $1,639

ROI: $6

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Market Price / SQM: $1,639

Market ROI: $6

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.