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

Immerse yourself in the tropical haven of the Dominican Republic with this exquisite villa located in the heart of Las Terrenas. Welcome to the awe-inspiring Ultimate Penthouse, a residence that offers an unparalleled view of the highly coveted Coson area.

This remarkable condominium features an impressive 5 bedrooms and 4 bathrooms, making it an ideal sanctuary for families seeking both luxury and comfort. Encompassing a generous living space of 405 square meters, this property provides abundant room for indulgent relaxation and stylish living.

The condo boasts an artful fusion of traditional Caribbean aesthetics and modern design, resulting in a distinctive and inviting ambiance. A private pool graces the premises, affording you the luxury of taking a refreshing dip while being treated to breathtaking vistas of the azure ocean. The property prides itself on energy efficiency and offers the convenience of both parking and a private garage.

Upon entry, the living room welcomes you with an open and inviting atmosphere. The second floor of this magnificent abode houses 2 bedrooms, including a master suite complete with an ensuite bathroom and a terrace that offers captivating ocean panoramas.

The Homeowners' Association (HOA) fees amount to US$490 per month, ensuring that the property's communal facilities are well-maintained. This unit is being sold inclusive of a significant portion of its tasteful furnishings.

Amenities at your disposal include a refreshing pool, a pet-friendly environment, a sociable communal area, secure gated access, lush green spaces, and a soothing jacuzzi.

Situated in close proximity to the vibrant heart of Las Terrenas, this property enjoys a prime location that caters to those who value convenience without sacrificing tranquility.

The annual property tax amounts to $4,400 US. Should you be considering renting out this property, our assessment indicates a nightly rate of $393 US. Taking into account all monthly expenses, including property management fees, a projected monthly profit of $4,015 US is a realistic outcome, based on an occupancy rate of 50%, derived from current market trends.

This penthouse, offering unparalleled vistas, is now available for acquisition, presenting an outstanding opportunity for international investors to claim a piece of the Caribbean dream.

Seize the chance to own this exquisite property in the Dominican Republic. Schedule a viewing today to witness its splendor firsthand.
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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

HOA Fees: US$490

Monthly Rev. (50% occupancy): US$5,940

Mngt Costs: US$1,041

Monthly Profits: US$4,409

Legal Fees: US$5,850

Transfer Fees: US$17,550

Yearly Taxes: US$4,180

This listing

Price / SQM: US$1,444

ROI: US$9

Similar listings

Market Price / SQM: US$2,099

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.