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Ocean view villa on the hills with very low owner costs

$ 590,000
Cosón, Las Terrenas

Overview

  • Property ID
  • SV-0808
  • Bedrooms
  • 4
  • Bathrooms
  • 4
  • Property Size
  • 290 m2
  • Property Lot Size
  • 1,200 m2

Description

Experience the tropical paradise of the Dominican Republic in this villa located in Las Terrenas with this breathtaking ocean view villa on the hills with very low owner costs situated in the sought-after Cosón area.

This stunning property boasts 4 bedrooms and 4 bathrooms, making it the perfect choice for couples, with young children or even retired.

Boasting a living area of 280 square meters, this property offers ample space to relax and unwind in style.

Nestled on a 1,200 square meters lot, this property is surrounded by lush tropical landscaping and boasts excellent condition. The property is modern and decorated in minimalist styles, creating a tranquil and inviting atmosphere.

The property features a nice parking space with a closed garage, living open spaces connecting inside and outside, and aluminum shutters to close off everything at night (if desired). It offers spectacular 180 degrees views of the Atlantic Ocean and the surroundings.

The property is energy efficient with very low costs to live in or to maintain.

As you enter the property, you’ll be greeted by the living room and kitchen opening onto a nice covered terrace facing the pool. The 2-story property features 4 bedrooms, 1 downstairs facing the pool and 3 upstairs including a master bedroom and a terrace enjoying the view of the ocean. Each bedroom has its own bathroom with a shower, sink, and toilet.

This property is located in an area populated by another 10 villas, in a quiet neighborhood.

The covered terrace made of wood could be easily and cheaply turned into another usable space with nice views. And, the roof of the house is ready for a little upgrade, pergola and hammocks, and a small jacuzzi with 360 degrees view.

The property is close to 20 minutes by car to the town with all amenities such as shops, restaurants, bars, and our gorgeous beaches.

The location makes it the perfect property for those who want the best of both worlds to be disconnected, yet to be not too
far from everything.

The annual property tax is well below 1,000 USD, and the homeowners association fees are nonexistent.

If you are looking to rent this property, we evaluate the rate per night to be 280 USD per night. Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of 3,049 USD.

This ocean-view villa on the hills with very low owner costs is available for sale and offers an excellent opportunity for foreign investors to own a piece of the Caribbean dream.

Take advantage of owning this beautiful property in the Dominican Republic. Book a viewing today!

Other Features
Cistern
Designated parking
Easy access
Furnished
Garden
Mountain view
Oceanview
Private Garage
Private pool
Septic
Terrace

Property Id: 2803564
Price: $ 590,000
Property Size: 290 m2
Property Lot Size: 1,200 m2
Bedrooms: 4
Bathrooms: 4
Property ID: SV-0808
Est Monthly Rental Revenue: USD $4,335
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $3,535
Transfer fees: USD $17,700
Yearly Taxes: USD $4,230
Price / SQM: USD $2,034
ROI: 6.9%

$ 5,185.81
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,694.15

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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