Condos in beachfront development

El Portillo, Portofino, Las Terrenas

Features

• Near beach
• Gated community
• Secured community
• Tax-exempt
• Private Jacuzzi
• Common pool
• Designated Parking
• AC
• Terrace
• Spa
• Night Watchman
• Day Watchman
• Garbage Collection
• Electricity
• Maintenance
• Water
• Reception
• Pool
• Planta / Generator
• Drinks & Food

Description

These luxurious condos with 1, 2, and 3 bedrooms will be located in a beachfront community in Portillo. One of the trending areas of Las Terrenas Each condo will feature an American-style kitchen, an open dining room, a living room, and a terrace.

The 1-BR Condos - 62.3 m² - The entrance is next to the kitchen, which gives onto the living and dining room. On one side is the laundry closet and a corridor that links to the bathroom and the bedroom. The terrace will be accessible from the living room and the bedroom.

The 2-BR Condos - 90.05 m² - You’ll enter from the open kitchen into the dining and living rooms. Then a corridor gives access to the secondary bedroom, the shared bathroom, and the ensuite master bedroom with ensuite. The terrace will be accessible from the living room and the master bedroom.

The 2-BR Condos - 116.00 m² - You’ll enter along a corridor to the open dining and living rooms, and on one side, next to the wide terrace, is the American-style kitchen. Two doors will take you to the ensuite bedrooms along the access corridor.

The 2-BR rooftop condo - 128.25 m² - You’ll access the staircase through a second door that leads to the dining room and living room. On one end is the open kitchen with a breakfast table, and on the other is the terrace. Along the wall are the laundry closet and a corridor that links to the bathroom and the bedroom. 
Upstairs, 2 doors give access to an ensuite bedroom and the other to the rooftop terrace with a private jacuzzi.

The 3-BR rooftop condo - 173.35 m² - You’ll enter along a corridor to the open dining and living room, and on one side, next to the wide terrace, is the American-style kitchen. Along the access corridor, two doors will take you to an ensuite bedroom and a secondary bedroom. 
Upstairs, you’ll get access to a 3rd ensuite bedroom and a rooftop terrace with a private jacuzzi.

Among the facilities at the residence will be: 4 swimming pools, a bar & restaurant, a kids' area, a dog area, a private spa, and gym, and 24/7 security.

The project is to be developed with a fiduciary. 
Development under Confotur-Tax exemptions-submission

Payment Conditions
US$3,000-Reserve unit (not refundable) 
15%-To block the unit with the Promise of Sale
35%-During construction
50%-On the Act of Sale and delivery

The price does not include furniture or home appliances.

Delivery dates:
Oceanfront Villas-June 2023
Townhouse Garden-November 2023
Townhouse Aqua - June 2024
Apartamentos - December 2024
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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.

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Portofino

This beachfront community offers 31 elegant townhouses and condominiums. You can find, in this residence 4 different pools, a place for kids, a jacuzzi area, a spa, and 24/7 security. This community is in front of the most beautiful beach in Las Terrenas and near some really famous restaurants.

Financials

Utilities: US$140

Maintenance: US$60

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

Mngt Costs: US$438

Monthly Profits: US$1,282

Legal Fees: US$2,750

Transfer Fees: US$8,250

Yearly Taxes: US$1,310

This listing

Price / SQM: US$2,371

ROI: US$5

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Market Price / SQM: US$2,371

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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.