Overview
- Property ID
- SP-1095
- Bedrooms1
- Bathrooms1
- Property Size74 m2
Description
Welcome to this new real estate project featuring 8 condos with 1 or 2 bedrooms in the heart of Las Terrenas, in a prime location in a quiet zone, just a 10-minute walk from the beach of Las Terrenas. Close to restaurants, banks, and pharmacies, this gated condominium offers views of the ocean, mountains, and the town itself.
This Apart-Hotel features 8 functional units, each offering spacious balconies with views, a large pool with a gazebo, a well-equipped gym, a multi-purpose room, a secure lobby with access control and electronic surveillance, 24/7 security, an electric generator, an elevator, and ample parking facilities.
This project has applied for CONFOTUR Certification, providing first owners with a 15-year exemption from all property taxes, and exemption of 3 transfer tax.
Construction is scheduled to begin soon. Amenities include an access lobby, elevator, common gas service, backup power plant, large pool, indoor gym, BBQ area, and one parking space per apartment. Electronic surveillance ensures peace of mind.
Interior finishes include porcelain floors, aluminum and glass windows, hardwood doors throughout (OAK), and kitchens equipped with hardwood cabinets and granite countertops.
Payment terms are structured as follows:
Reservation: USD 5,000
Promise of Sale Signature: 20%
During Construction: 60%
Delivery: 20%
Act quickly before this project sells out! Contact our agency to receive the price list and check availability.
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 Fresh hilltop condos in center town?
Fresh hilltop condos in center town is priced at USD $159,900. It is a 1-bedroom, 1-bathroom property of 74 m² in Center Town, Las Terrenas. That works out to about USD $2,161 per square metre.
Where is Fresh hilltop condos in center 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 4.9%. Projected rental revenue is around USD $1,125 per month, with an estimated monthly profit of about USD $656. 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 $1,599 and transfer/title tax USD $0. Ongoing annual property tax (IPI) is roughly USD $0. 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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