Overview
- Property ID
- SC-1041
- Bedrooms2
- Bathrooms2
- Property Lot Size238 m2
Description
Welcome to this charming property with 2 condos each one with 2 bedrooms and one bathroom, in the heart of downtown. Boasting a functional layout, this cozy abode offers urban comfort within walking distance of amenities
Imagine a cozy yet practical space featuring two bedrooms, two bathrooms, and a compact kitchen. Picture yourself relaxing in the cozy living room area, adjacent to which lies an outdoor stairway leading to an upstairs terrace, offering a private retreat with captivating city views.
Strategically positioned within the bustling center of town, this condo offers unparalleled convenience. With supermarkets, restaurants, stores, and banks just a stroll away, everyday errands become effortless. Moreover, its proximity to public transportation hubs ensures seamless connectivity to the rest of the city.
Investing in this 2-bedroom condo presents an enticing opportunity. With its prime location, demand for rental properties remains consistently high, ensuring investors a steady income stream. Additionally, the property’s functional design and desirable amenities make it an attractive option for potential tenants, thereby maximizing rental yield. Don’t miss out on the chance to capitalize on urban living while enjoying promising returns on your investment.
Request more info today!
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 Charming 2-BR condo in downtown?
Charming 2-BR condo in downtown is priced at USD $165,000.
Where is Charming 2-BR condo in downtown 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 10.4%. Projected rental revenue is around USD $1,920 per month, with an estimated monthly profit of about USD $1,482. 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 $1,650 and transfer/title tax USD $4,950. 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.
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