2 bedroom condos for sale in the Dominican Republic within a new resort in Bavaro-Punta Cana a minute from the beach and golf club.
Bavaro-Punta Cana, Dominican Republic – Condos for Sale
The development is situated just a minute from the beach, Cana Bay Beach Club, the Hard Rock Hotel & Casino Punta Cana, various other hotels, restaurants, entertainment and watersports.
Each of the 2 bedroom condos will encompass from approximately 117 square meters of internal living space, including an open plan kitchen / living / dining area, 2 bedrooms, 2 bathrooms and an outdoor terrace.
The condos will come equipped with air conditioning and high quality appliances in the kitchen such as an oven, stove and extractor.
Owners and guests will enjoy use of a resort pool at the development.
In addition, owners and residents will benefit from special reduced rates to play golf at the Hard Rock Golf Club at Cana Bay.
A selection of water sports are available on the beach just a minute away.
Phase 1 – Est. Delivery: December 2018
Currently in development by one of the Dominican Republic’s most experienced property developers, this condo project is set to include thirty-six 1 bedroom condos, 2 bedroom condos and 3 bedroom condos on 5,000 square meters in phase 1 – scheduled for delivery in December 2018.
Phase 2 – Est. Delivery: Mid-2019
A second phase spanning 6,500 square meters is set to include fifty 1 bedroom, 2 bedroom and 3 bedroom condos on 6,500 square meters – scheduled for delivery mid-2009.
Buyers purchasing condo units during the pre-construction phase will benefit from a 5% discount offered by the developer.
Maintenance fees will amount to approximately US $2 per square meter.
Tax Incentives for Investors
Investors will benefit from tax incentives including a 15-year exemption from property tax (usually 1% yearly) and exemption from transfer tax (usually 3% for the transfer of the title).
A Snapshot of Dominican Republic
Top 3 Reasons to Invest in Dominican Republic
- Sophisticated real estate market offering high quality property for sale and excellent value for money for prime beachfront homes.
- Very high rental income generating potential as the Caribbean's most visited tourism destination - the Dominican Republic recorded over 6.1 million visitors in 2016.
- Highly accessible destination welcoming 70+ flights per day from the USA and Europe and excellent air links with the Caribbean and South America.