Breathtaking condo located in exclusive area

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 pinnacle of tropical luxury in the Dominican Republic with this awe-inspiring condo nestled in the highly coveted El Portillo area, part of the esteemed Balcones del Atlantico community. Immerse yourself in the sheer splendor of Las Terrenas with this extraordinary residence.

Boasting three generously proportioned bedrooms and an equal number of lavish bathrooms, this condo is a haven for families in pursuit of an opulent retreat. With an expansive living space spanning 220 square meters, there's ample room to unwind and revel in sophisticated comfort, ensuring an experience of unparalleled indulgence.

Enveloped by verdant tropical greenery, this property offers a sanctuary of tranquility. The condo's interior harmoniously marries traditional Caribbean aesthetics with modern design, fashioning a distinctive and inviting ambiance. The balcony provides an idyllic vantage point to relish the awe-inspiring ocean vistas and bask in the natural allure of the surroundings. Moreover, the property boasts impressive energy efficiency and the added convenience of three designated parking spaces.

Positioned conveniently close to shops, restaurants, bars, and the beach, this condo strikes a seamless equilibrium between accessibility and serenity. Whether you seek to delve into the lively local scene or simply disconnect and unwind, this location caters to every inclination.

For those considering renting out this unit, our evaluation places the nightly rate at 400 US dollars. Factoring in all monthly expenses, including property management fees, one can anticipate a monthly profit of approximately 3,000 US dollars. This projection is grounded in a realistic average occupancy rate of 50%, gleaned from current market trends.

This splendid condo at El Portillo presents an exceptional investment prospect for international investors aspiring to own a slice of the Caribbean dream. Seize the opportunity to claim this exquisite property in the Dominican Republic. Schedule a viewing today and allow us to assist you in turning your dreams into reality.

Kindly note that for precise pricing and availability, I recommend reaching out to your manager or the designated real estate agent.

Should you have any further inquiries or require further assistance, please don't hesitate to reach out.
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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$210

Maintenance: US$80

HOA Fees: US$714

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

Mngt Costs: US$629

Monthly Profits: US$1,562

Legal Fees: US$4,550

This listing

Price / SQM: US$2,068

ROI: US$4

Similar listings

Market Price / SQM: US$2,068

Market ROI: US$4

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.