Overview
- Property ID
- SP-0074
- Bedrooms2
- Bathrooms2
- Property Size100 m2
- Property Lot Size160 m2
Description
New little community of 15 villas in town. Close all town services and with easy access from the Boulevard Turistico. These 2 and 3-BR villas are at the price of a condo. The layout of both types of villas is pretty similar. On the ground floor, you have 2 parking spots and access to the living and dinning-room that connects to an open kitchen with a breakfast bar, and a toilet. On the other side, a little private garden with a swimming pool. On the upper floor two or three bedrooms and 2 bathrooms, one of them an ensuite master bedroom. The HOA expenses are expected to be very low since the charges will only be for the electricity for the common areas, the electric gate, and the water pump. Prices 2BR – U$233,500 3BR – U$254,000 Payment conditions U$5,000 – Reservation 20% – With the signature of the Promise of Sale 30% – Along the construction (12 months) 50% – At the delivery and signature of the Act of Sale Delivery in 12 months from signature of the Promise of Sale
About Center Town
Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals.
Frequently asked questions
How much is Affordable modern villas in town?
Affordable modern villas in town is priced at USD $233,500. It is a 2-bedroom, 2-bathroom property of 100 m² in Center Town, Las Terrenas. That works out to about USD $2,335 per square metre.
Where is Affordable modern villas in town located?
The property is in Center Town, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals. See all listings and a full neighbourhood guide on our Center Town area page.
What rental return can I expect from this property?
The estimated gross ROI is 13%. Projected rental revenue is around USD $2,522 per month, with an estimated monthly profit of about USD $1,433. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $2,335 and transfer/title tax USD $7,005. Ongoing annual property tax (IPI) is roughly USD $515. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.