Overview
- Property ID
- SP-1171
- Bedrooms1
- Bathrooms1
- Property Size74 m2
Description
Located in the center of Las Terrenas, Ora Residences is a modern residential project featuring contemporary 1- and 2-bedroom apartments distributed across two three-level buildings. With only a limited number of units remaining, this development represents an excellent opportunity for both personal use and investment.
Each apartment includes a private parking space, while the third-floor residences feature spacious semi-covered rooftop terraces with an outdoor kitchen and bathroom, ideal for entertaining and enjoying the tropical lifestyle.
Designed for modern Caribbean living, the apartments offer high-quality finishes including quartz countertops, porcelain flooring, smart locks, and noise-reducing windows. Residents also benefit from solar panels, backup power, controlled access, and 24-hour security.
This Airbnb-friendly project is ideal for investors seeking strong rental potential in one of the most desirable locations of Las Terrenas.
Each apartment comes fully equipped with:
• Private jacuzzi on the balcony
• Full kitchen appliances
• Air conditioning in bedrooms and living room
• Washer-dryer unit
Current Availability:
• 1-bedroom apartments from USD 135,534
• Rooftop apartments from USD 201,883.50
• 2-bedroom rooftop apartments from USD 280,226
Payment Plan:
Reservation: USD 2,000
20% at contract signing
40% during construction
40% upon delivery
Estimated Delivery Date: December 2027
Contact us today for updated availability and more information.
About La Ceiba
La Ceiba is a quiet, emerging residential area in Las Terrenas, sitting between the town center and Playa Cosón — offering proximity to one of the peninsula's most desirable beaches at a fraction of the beachfront price.
Frequently asked questions
How much is New project in the heart of town?
New project in the heart of town is priced at USD $135,534. It is a 1-bedroom, 1-bathroom property of 73.8 m² in La Ceiba, Las Terrenas. That works out to about USD $1,837 per square metre.
Where is New project in the heart of town located?
The property is in La Ceiba, Las Terrenas, on the Samaná peninsula of the Dominican Republic. La Ceiba is a quiet, emerging residential area in Las Terrenas, sitting between the town center and Playa Cosón — offering proximity to one of the peninsula's most desirable beaches at a fraction of the beachfront price. See all listings and a full neighbourhood guide on our La Ceiba area page.
What rental return can I expect from this property?
The estimated gross ROI is 4.7%. Projected rental revenue is around USD $1,125 per month, with an estimated monthly profit of about USD $551. 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 $1,355 and transfer/title tax USD $4,066. 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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