Beautiful condo at El Portillo

El Portillo, Balcones del Atlántico, Las Terrenas

Features

• Oceanview
• Near town
• Gated community
• Tax-exempt
• Private Security
• Private Jacuzzi
• Common pool
• Night Watchman
• Day Watchman
• Garbage Collection
• Electricity
• Maintenance
• Water
• Reception
• Pool
• Planta / Generator
• Security Cameras
• Drinks & Food
• Tennis court

Description

Experience the tropical paradise of the Dominican Republic in this condo located in Las Terrenas with this breathtaking condo in Balcones del Atlantico situated in the sought-after area of El Portillo.

This stunning condo property boasts 3 bedrooms and 3 bathrooms, making it the perfect choice for families. Boasting a living area of 220 square meters, this property offers ample space for you to relax and unwind in style.

This property is surrounded by lush tropical landscaping. The property is decorated with a blend of traditional Caribbean and modern styles, creating a unique and inviting atmosphere. The condo features a balcony and offers a spectacular ocean view. The property is energy efficient and has 3 parking spots.

The unit is close to shops, restaurants, bars, beach, making it the perfect location for those who be disconnected.

If you are looking to rent this unit, we evaluate the rate per night to be 400 US. Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of 3,000 US. The occupancy rate we are using is a realistic average of 50% based on current market data.

This Beautiful condo at El Portillo is available for sale and offers a great opportunity for foreign investors to own a piece of the Caribbean dream.

Take advantage of owning this beautiful property in the Dominican Republic. Book a viewing today!
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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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Balcones del Atlantico

This gated residence is located in front of the beautiful Playa Portillo, and some really good restaurants and places to relax. Is only a 3-minutes drive from El Pueblo de Los Pescadores and a 10-minute drive from the center of town. This community is composed of a mix of luxurious condos, townhouses, and villas nestled in the heart of a lush tropical garden. This residence has a lot of facilities like a big swimming pool with a jacuzzi, a fitness area, a restaurant and bar, a reception service, and a laundry.

Financials

Utilities: US$180

Maintenance: US$80

Monthly Rev. (50% occupancy): US$3,195

Mngt Costs: US$629

Monthly Profits: US$2,306

Legal Fees: US$4,990

Transfer Fees: US$14,970

Yearly Taxes: US$3,550

This listing

Price / SQM: US$2,268

ROI: US$5

Similar listings

Market Price / SQM: US$2,268

Market ROI: US$5

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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.