Tax-exempt 2-BR Condo with Panoramic Ocean Views in Playa Bonita

$425,000
Bonita, Las Terrenas

Overview

  • Property ID
  • SC-0236
  • Bedrooms2
  • Bathrooms2
  • Property Size124 m2

Description

This stunning 124 m² condo is located on a hill in Playa Bonita, one of the most desirable areas in Las Terrenas. It features 2 bedrooms, 2 bathrooms, an ocean-view balcony, and 1 assigned parking space. Thoughtfully designed for space and comfort, the master bedroom offers a breathtaking sea view and a private bathroom. The second bedroom is spacious with a closet and a shared guest bathroom. The condo includes a bright living room, a fully equipped kitchen, and a balcony that opens to panoramic ocean views. All windows are fitted with storm shutters, and the unit includes a fully equipped laundry area. Perfectly located just minutes from Playa Bonita’s sand and surf, Bodega Bonita, and Mosquito Beach restaurant, this condo is part of a secure, private community with 24/7 security and visitor access control. For investors, this condo brings exceptional value. Rental demand is consistently high in this area. On top of that, the property is covered under CONFOTUR (Law 158-01), granting the first owner a 15-year tax exemption—including no 3% title transfer tax and no annual IPI property tax. Contact us today to schedule a private tour and secure your place in one of the most scenic spots in Las Terrenas.

Other Features
Common pool
Designated parking
Furnished
Gated community
Gated property
Near beach
Near town
Private Security
Rooftop
Secured community
Tax-exempt

Property Id: 2833038
Price: $425,000
Property Size: 124 m2
Bedrooms: 2
Bathrooms: 2
Property ID: SC-0236
Est Monthly Rental Revenue: USD $3,161
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $1,174
Transfer fees: USD $12,750
Yearly Taxes: USD $2,430
Price / SQM: USD $3,427
ROI: 8.9%

About Bonita

Playa Bonita is one of Las Terrenas' most exclusive beachfront neighborhoods — known for its golden sand, calm turquoise waters and a curated selection of ocean-view condos and villas.

Explore all properties in Bonita →

Frequently asked questions

How much is Tax-exempt 2-BR Condo with Panoramic Ocean Views in Playa Bonita?

Tax-exempt 2-BR Condo with Panoramic Ocean Views in Playa Bonita is priced at USD $425,000. It is a 2-bedroom, 2-bathroom condo of 124 m² in Bonita, Las Terrenas. That works out to about USD $3,427 per square metre.

Where is Tax-exempt 2-BR Condo with Panoramic Ocean Views in Playa Bonita located?

The property is in Bonita, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Playa Bonita is one of Las Terrenas' most exclusive beachfront neighborhoods — known for its golden sand, calm turquoise waters and a curated selection of ocean-view condos and villas. See all listings and a full neighbourhood guide on our Bonita area page.

What rental return can I expect from this property?

The estimated gross ROI is 8.9%. Projected rental revenue is around USD $3,161 per month, with an estimated monthly profit of about USD $1,174. 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 $4,250 and transfer/title tax USD $12,750. Ongoing annual property tax (IPI) is roughly USD $2,430. 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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