This new beachfront development of 90 condos is located right in on the beach of “Portillo”. Not far from the center of the town and all its amenities.
The development consists of a gated community of privately owned condos, five common swimming pools, relaxing areas, a restaurant, and a children’s playground. Excellent investment opportunity for families looking to vacation a few weeks per year and enjoy the returns of their unit with a completely hands-off approach.
The project is expected to be completed in 3 phases:
Phase 1 - May 2024
Phase 2 - Dec 2025
Phase 3 - Dec 2026
Each condo has its own private parking. Every unit will enjoy high-quality finishes. Imported modular kitchens, imported porcelain floors, high-quality windows, imported laminated doors, and closets. If the buyer wants to change any feature or termination, customization is available on Pre-Sale status.
This property benefits from the Confotur law. This law offers very attractive tax advantages to all buyers. These are; Property transfer tax exemption (3% of the purchase amount); Property tax exemption (IPI 1% annually); The exemption of the taxes in case of a capital increase and on revenues (27%). You can read more about the Confotur Law and approved real estate projects.
U$ 2,000 - Reserve unit
10% - Down Payment
30% - Start of construction
60% - Key and title handling
Restaurants · Beach club · Spa · Gym · Kids playground and game room · Event room · 5 Pool and jacuzzis · 24/7 Security and access control · Parking for visitors