Overview
- Property ID
- SV-0099
- Bedrooms5
- Bathrooms5
- Property Size371 m2
- Property Lot Size1,001 m2
Description
Magnificent villa on top of a mountain with an extensive view of the ocean and the mountains that surround it, in addition to being able to see the entire town of Las Terrenas. Thanks to its tremendous height, easy access to enter the mountain and the town, being there you will find a place to enjoy in privacy with a resounding silence surrounded by green areas and a fresh breeze that caresses your body while you have a coffee or tea in front of your pool We must also highlight the finishes that the property has in its kitchen colors black and white with nickel tones, no need to pay HOA, good space to park vehicles, and the possibility of building more on its second level if the next owner wishes.
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 Magnificent ocean view villa?
Magnificent ocean view villa is priced at USD $630,000. It is a 5-bedroom, 5-bathroom villa of 371 m² in Center Town, Las Terrenas. That works out to about USD $1,698 per square metre.
Where is Magnificent ocean view villa 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 19.5%. Projected rental revenue is around USD $10,226 per month, with an estimated monthly profit of about USD $6,477. 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 $6,300 and transfer/title tax USD $18,900. Ongoing annual property tax (IPI) is roughly USD $4,480. 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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