Beautiful condo close to everything

Abra Grande, Monserrat II, Las Terrenas

Features

• Gated community
• Secured community
• Private Jacuzzi
• Common pool
• Designated Parking
• Terrace
• Night Watchman
• Day Watchman
• Garbage Collection
• Electricity
• Maintenance
• Pool

Description

Indulge in the tropical splendor of the Dominican Republic with this exquisite condo nestled in the heart of Las Terrenas. This captivating residence is situated in the coveted Abra Grande area, offering proximity to all that this charming locale has to offer.

This stunning condo boasts an impressive configuration of 3 bedrooms and 4 bathrooms, catering perfectly to families seeking an exceptional retreat. With a generous living area spanning 405 square meters, you'll find ample space to luxuriate in comfort and style.

Originally two separate units, this condo has been meticulously refurbished and seamlessly merged into one expansive living space, boasting a total area of 4,392 ft² / 408 m². The spacious, fully equipped open kitchen effortlessly flows into the living area and extends to the inviting terrace. Each of the three expansive bedrooms comes complete with its own en-suite bathroom, while a half bathroom caters to visiting guests.

Surrounded by lush tropical foliage, the property is a testament to impeccable upkeep and offers a seamless blend of traditional Caribbean and modern design elements, creating an inviting and distinctive ambiance. Enjoy the luxury of a Jacuzzi and bask in the breathtaking views of the mountains that this property offers.

Notable for its energy-efficient features, the property also provides a private garage for added convenience. Upon entering, the open living rooms greet you with an air of spaciousness and comfort.

Located within the community of Monserrat, ownership comes with a host of services, adding to the allure of this exceptional offering.

Positioned conveniently near Downtown Las Terrenas, this property enjoys a prime location, making it an ideal choice for those seeking proximity to all essentials.

The annual property tax stands at $2,508, and for potential renters, the estimated nightly rate is $225 US. Factoring in all monthly expenses, including property management fees, a potential monthly profit of $1,505 becomes an attractive prospect. Taking into account the current market trends, the projected occupancy rate of 50% is a realistic estimate.

In closing, this captivating condo, conveniently located near everything you desire, presents a remarkable opportunity for foreign investors to own a slice of the Caribbean dream. Seize the chance to acquire this stunning property in the Dominican Republic – schedule a viewing today.

For further details, don't hesitate to get in touch with us.
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Location

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Abra Grande

This lively area is located within the urban expansion zone and is a few minutes from the main street giving you access to many shops and services.

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Monserrat II

This community is located close to the center of Las Terrenas and playa Popy, at only 5 minutes drive and 15 min to the Pueblo de Los Pescadores. This residence is composed with surround the 48 units of this project in the heart of luxuriant tropical gardens and comfortable social areas, a big pool, fitness place, and lounge area.

Financials

HOA Fees: US$150

Monthly Rev. (50% occupancy): US$3,210

Mngt Costs: US$632

Monthly Profits: US$2,429

Legal Fees: US$4,128

Transfer Fees: US$12,384

Yearly Taxes: US$2,458

This listing

Price / SQM: US$1,012

ROI: US$7

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Market Price / SQM: US$2,099

Market ROI: US$6

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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.