Ultimate penthouse with incredible view

Cosón, Colina al Mar Hill, Las Terrenas

Features

• Oceanview
• Mountain view
• Near beach
• Gated community
• Secured community
• Furnished
• Private Jacuzzi
• Common pool
• Designated Parking
• Rooftop
• AC
• Terrace
• Night Watchman
• Day Watchman
• Garbage Collection
• Electricity
• Maintenance
• Water
• Reception
• Pool
• Planta / Generator
• Security Cameras

Description

Experience the tropical paradise of the Dominican Republic in this villa located in Las Terrenas with this breathtaking Ultimate penthouse with an incredible view situated in the sought-after Coson area.

This stunning Condo property boasts 5 bedrooms and 4 bathrooms, making it the perfect choice for families.
Boasting a living area of 405 square meters, this property offers ample space for you to relax and unwind in style.

This condo is decorated with a blend of traditional Caribbean and modern styles, creating a unique and inviting atmosphere.


The property features a private pool and offers spectacular ocean views. The property is energy efficient and has Parking and a Garage private.

As you enter the property, you'll be greeted by a living room whit open space. The Second-floor story property features 2 bedrooms, including a master bedroom with an ensuite bathroom and a terrace enjoying the view of the ocean.


The HOA fees are US$490 per month. The unit is sold, including most of the furniture. 

Amenities
• Pool • Pet-Friendly Residence • Social Area • Gated • Green Spaces • Jacuzzi 

The property is close to the center of Las Terrenas, making it the perfect location for those who are close to everything).

The annual property tax is 4,400 US.
If you are looking to rent this property, we evaluate the rate per night to be $393US

Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of $4,015 US
The occupancy rate we are using is a realistic average of 50% based on current market data.

This penthouse with incredible views 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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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.

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Colina Al Mar Hill

This community is an exclusive eco-chic residence that combines the luxury of a city apartment, a lush mountainous landscape, and the crystalline waters of the Cosón Bay. It's only 20 minutes drive from the center of town and only 5 minutes drive from Playa Bonita if you want to enjoy all the restaurants, bars, and water activities. This condominium offers 36 spacious condos spread in 9 buildings. Located on a hill overviewing the lush mountains of Samana and playa Cosón, you can find calm and peace in the area.

Financials

Utilities: US$240

Maintenance: US$100

HOA Fees: US$490

Monthly Rev. (50% occupancy): US$5,895

Mngt Costs: US$1,034

Monthly Profits: US$4,031

Legal Fees: US$5,850

Transfer Fees: US$17,550

Yearly Taxes: US$4,410

This listing

Price / SQM: US$1,444

ROI: US$8

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Market Price / SQM: US$1,444

Market ROI: US$8

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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.