Overview
- Property ID
- SC-1115
- Bedrooms2
- Bathrooms2.5
- Property Size215 m2
Description
This stunning penthouse combines convenience and luxury, located just minutes from banks and a short walk from the beach. The property boasts a private rooftop equipped with a jacuzzi and BBQ, perfect for relaxation or hosting guests.
Currently generating rental income, this penthouse is an excellent investment opportunity with strong potential for both short-term and long-term returns. Fully furnished with elegant décor, it’s ready for immediate occupancy.
Flexible payment options are available directly from the owner, making this a rare and accessible opportunity for buyers.
Nestled in a peaceful neighborhood yet close to the vibrant scene of restaurants and bars, this property offers the ideal balance between tranquility and social living. Additional features include a communal pool, security cameras, private covered parking, and an alarm system. The proximity to an international clinic ensures peace of mind.
This is not just a home; it’s an investment opportunity in the heart of paradise. Contact us today to explore this unique property and secure your place in Las Terrenas.
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 Income Generating Penthouse with Owner Financing Available?
Income Generating Penthouse with Owner Financing Available is priced at USD $275,000. It is a 2-bedroom, 2-bathroom condo of 215 m² in Center Town, Las Terrenas. That works out to about USD $1,279 per square metre.
Where is Income Generating Penthouse with Owner Financing Available 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 6.2%. 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 $2,750 and transfer/title tax USD $8,250. Ongoing annual property tax (IPI) is roughly USD $1,080. 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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