Ocean view villa on the hills with very low owner costs

Cosón, Las Terrenas

Features

• Oceanview
• Mountain view
• Furnished
• Private pool
• Designated Parking
• Private Garage
• Garden
• Septic
• Cistern
• Terrace
• Easy access

Description

Experience the tropical paradise of the Dominican Republic in this villa located in Las Terrenas with this breathtaking ocean view villa on the hills with very low owner costs situated in the sought-after Cosón area.

This stunning property boasts 4 bedrooms and 4 bathrooms, making it the perfect choice for couples, with young children or even retired.

Boasting a living area of 280 square meters, this property offers ample space to relax and unwind in style.

Nestled on a 1,200 square meters lot, this property is surrounded by lush tropical landscaping and boasts excellent condition. The property is modern and decorated in minimalist styles, creating a tranquil and inviting atmosphere.

The property features a nice parking space with a closed garage, living open spaces connecting inside and outside, and aluminum shutters to close off everything at night (if desired). It offers spectacular 180 degrees views of the Atlantic Ocean and the surroundings.

The property is energy efficient with very low costs to live in or to maintain.

As you enter the property, you'll be greeted by the living room and kitchen opening onto a nice covered terrace facing the pool. The 2-story property features 4 bedrooms, 1 downstairs facing the pool and 3 upstairs including a master bedroom and a terrace enjoying the view of the ocean. Each bedroom has its own bathroom with a shower, sink, and toilet.

This property is located in an area populated by another 10 villas, in a quiet neighborhood.

The covered terrace made of wood could be easily and cheaply turned into another usable space with nice views. And, the roof of the house is ready for a little upgrade, pergola and hammocks, and a small jacuzzi with 360 degrees view.

The property is close to 20 minutes by car to the town with all amenities such as shops, restaurants, bars, and our gorgeous beaches.

The location makes it the perfect property for those who want the best of both worlds to be disconnected, yet to be not too
far from everything.

The annual property tax is well below 1,000 USD, and the homeowners association fees are nonexistent.

If you are looking to rent this property, we evaluate the rate per night to be 280 USD per night. Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of 3,049 USD.


This ocean-view villa on the hills with very low owner costs is available for sale and offers an excellent 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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Cosón

This westernmost area of Las Terrenas runs along the long and scenic playa Cosón. It is a true haven of peace found just 10 minutes away from town.

Financials

Utilities: US$250

Maintenance: US$260

Monthly Rev. (50% occupancy): US$4,305

Mngt Costs: US$796

Monthly Profits: US$2,999

Legal Fees: US$5,900

Transfer Fees: US$17,700

Yearly Taxes: US$4,230

This listing

Price / SQM: US$2,034

ROI: US$6

Similar listings

Market Price / SQM: US$2,034

Market ROI: US$6

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.