Overview
- Property ID
- SV-0296
- Bedrooms6
- Bathrooms3
- Property Size250 m2
- Property Lot Size4,431 m2
Description
Perched at the top of a hill, this property offers breathtaking ocean views and exceptional potential for investment or redevelopment. Set on a 4,431 m² lot, it includes two separate buildings that combine charm, privacy, and versatility. The main house features 4-BR, a small open terrace, and an exterior bathroom. Although part of an older construction, it presents a unique opportunity for renovation or complete redevelopment to suit your personal vision. The home also includes a picuzzi, parking for two cars, and panoramic views over the coastline. The new construction consists of two modern 1-BR townhouses, each with an ensuite bathroom, private terrace, and picuzzi, ideal for guests, short-term rentals. Both units enjoy stunning ocean views and offer shared parking spaces. Located just 3 minutes from the town center and only 5 minutes from Playa Cosón and Playa Bonita, this property perfectly balances seclusion and convenience, with easy access to Las Terrenas’ beaches, restaurants, and shops. For investors, this lot represents strong development potential, whether as a private residence with guest bungalows or a small rental retreat in one of the area’s most desirable hilltop locations. Contact us today to explore the possibilities and schedule a private visit.
About Cosón
Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land.
Frequently asked questions
How much is Ocean view property with two houses on a hilltop?
Ocean view property with two houses on a hilltop is priced at USD $720,000. It is a 6-bedroom, 3-bathroom villa of 250 m² in Cosón, Las Terrenas. That works out to about USD $2,880 per square metre.
Where is Ocean view property with two houses on a hilltop located?
The property is in Cosón, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land. See all listings and a full neighbourhood guide on our Cosón area page.
What rental return can I expect from this property?
The estimated gross ROI is 20.7%. Projected rental revenue is around USD $12,427 per month, with an estimated monthly profit of about USD $8,013. 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 $7,200 and transfer/title tax USD $21,600. Ongoing annual property tax (IPI) is roughly USD $5,380. 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.
Similar Listings
