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Ultimate penthouse with incredible view

$ 585,000
Cosón, Las Terrenas

Overview

  • Property ID
  • SC-0260
  • Bedrooms
  • 5
  • Bathrooms
  • 6
  • Property Size
  • 405 m2

Description

Immerse yourself in the tropical haven of the Dominican Republic with this exquisite villa located in the heart of Las Terrenas. Welcome to the awe-inspiring Ultimate Penthouse, a residence that offers an unparalleled view of the highly coveted Coson area.

This remarkable condominium features an impressive 5 bedrooms and 4 bathrooms, making it an ideal sanctuary for families seeking both luxury and comfort. Encompassing a generous living space of 405 square meters, this property provides abundant room for indulgent relaxation and stylish living.

The condo boasts an artful fusion of traditional Caribbean aesthetics and modern design, resulting in a distinctive and inviting ambiance. A private pool graces the premises, affording you the luxury of taking a refreshing dip while being treated to breathtaking vistas of the azure ocean. The property prides itself on energy efficiency and offers the convenience of both parking and a private garage.

Upon entry, the living room welcomes you with an open and inviting atmosphere. The second floor of this magnificent abode houses 2 bedrooms, including a master suite complete with an ensuite bathroom and a terrace that offers captivating ocean panoramas.

The Homeowners’ Association (HOA) fees amount to US$490 per month, ensuring that the property’s communal facilities are well-maintained. This unit is being sold inclusive of a significant portion of its tasteful furnishings.

Amenities at your disposal include a refreshing pool, a pet-friendly environment, a sociable communal area, secure gated access, lush green spaces, and a soothing jacuzzi.

Situated in close proximity to the vibrant heart of Las Terrenas, this property enjoys a prime location that caters to those who value convenience without sacrificing tranquility.

The annual property tax amounts to $4,400 US. Should you be considering renting out this property, our assessment indicates a nightly rate of $393 US. Taking into account all monthly expenses, including property management fees, a projected monthly profit of $4,015 US is a realistic outcome, based on an occupancy rate of 50%, derived from current market trends.

This penthouse, offering unparalleled vistas, is now available for acquisition, presenting an outstanding opportunity for international investors to claim a piece of the Caribbean dream.

Seize the chance to own this exquisite property in the Dominican Republic. Schedule a viewing today to witness its splendor firsthand.

Other Features
AC
Common pool
Designated parking
Furnished
Gated community
Mountain view
Near beach
Oceanview
Private Jacuzzi
Rooftop
Secured community
Terrace

Property Id: 2810623
Price: $ 585,000
Property Size: 405 m2
Bedrooms: 5
Bathrooms: 6
Property ID: SC-0260
Est Monthly Rental Revenue: USD $5,940
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $4,409
Transfer fees: USD $17,550
Yearly Taxes: USD $4,180
Price / SQM: USD $1,444
ROI: 8.7%

$ 5,141.86
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,654.36

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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