Overview
- Property ID
- SC-0219
- Bedrooms2
- Bathrooms3
- Property Size214 m2
Description
Amazing two-level 2-BR Penthouse with open view over Las Terrenas towards the ocean. In a privileged location a few steps to the city center, bars, restaurants, commerces, and beaches this is an excellent opportunity as a rental investment or to move in.
This condo has a large living area with a dining area and an American-style kitchen all in a single space and connected to the large terrace that looks over the swimming pool of the community. A large and spacious area with a separated guest toilet and a laundry room.
On the second floor, on one side 2 ensuite bedrooms, one of them with a little balcony. On the other side is access to the roof terrace with a jacuzzi and a bbq.
Excellent opportunity for living or renting, excellent investment return rate insured. An excellent option for those looking for the comforts of home in a gated community in a strategic point of the town. Although you won’t need a car to move around the community has an assigned parking spot for each condo.
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 Modern penthouse with private terrace in town?
Modern penthouse with private terrace in town is priced at USD $325,000. It is a 2-bedroom, 3-bathroom condo of 214 m² in Center Town, Las Terrenas. That works out to about USD $1,519 per square metre.
Where is Modern penthouse with private terrace 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 4.6%. Projected rental revenue is around USD $1,920 per month, with an estimated monthly profit of about USD $1,282. 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 $3,250 and transfer/title tax USD $9,750. Ongoing annual property tax (IPI) is roughly USD $1,580. 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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