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2 Bedroom Condos for Sale, Terra by Cana Rock, Punta Cana, Dominican Republic

Punta Cana, Dominican Republic

Property ID: 65209

2 bedroom condos for sale in Terra by Cana Rock set along the Hard Rock Golf Club in Punta Cana in the Dominican Republic.

Condos for Sale at Cana Rock Terra

Searching for new condos for sale in Punta Cana, Dominican Republic?

These new condos are located at Terra by Cana Rock, a new condominium development set alongside the Hard Rock Golf Club at Cana Bay in Punta Cana in the Dominican Republic.

Situated just a few stroll from the beach, this condominium development comprises 110 units in several low-rise 4-story blocks.

Investment Options

Each block at Terra by Cana Rock features:

A selection of other investment opportunities are available at other Cana Rock projects – Browse all: condos for sale at Cana Rock.

Terra by Cana Rock – Amenities

Residents enjoy the use of a central swimming pool, restaurant, gym lobby and the Cana Bay Beach Club at Arena Gorda Beach which is just a stroll away.

Residents also benefit from open-air parking and 24-hour security.

Ideal Vacation Home or Investment Expected to Generate Up to 15% P.A.

These units would be ideal for vacations or as an investment in the leading tourism destination in the Dominican Republic.

Annual returns have been estimated by the developer at up to 15% per year.

Payment Options

Standard Payment Plan

  • 5% upon reservation
  • 15% with the promise to purchase
  • 60% in monthly payments
  • 20% upon delivery of the unit

Early Payment Plan

  • 5% upon reservation
  • 45% with the promise to purchase
  • 50% upon delivery of the unit

Up Front Payment Plan

  • 5% upon reservation
  • 95% with the promise to purchase

Tax Benefits

These condos are exempt from the 3% tax on the first real estate transfer and the annual property tax (IP) of 1% for 15 years.

A guide to Dominican Republic

  • Average asking price $1,899,456
  • % + or - average property price -22%
  • Property price range $92,000 - $16,000,000

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 6.5 million visitors in 2018.
  • Highly accessible destination welcoming 70+ flights per day from the USA and Europe and excellent air links with the Caribbean and South America.