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3 Bedroom Beachfront Condos for Sale, Playa Coson Beach, Las Terrenas, Dominican Republic

Las Terrenas, Dominican Republic

Property ID: 26187

3 bedroom beachfront condos for sale in the Dominican Republic overlooking Playa Coson Beach near Las Terrenas in Samaná.

Playa Coson Beach – Condos for Sale

These beachfront Dominican Republic condos for sale are located in a beautiful beachfront development overlooking stunning Playa Coson Beach and Coson Bay on the northeastern coast of the Dominican Republic.

The hotel condominium development is set to include a several 3-floor condominium buildings arranged around central lush gardens with a beautiful beachfront pool.

These condos form part of the second phase of 24 new units which will bring the total number of condos to 42.

2 bedroom condos, 3 bedroom condos and 4 bedroom condos are available in this second phase.

The Condos

Each 3 bedroom condo includes an open plan living and dining room with balcony and a fully equipped kitchen with stainless steel appliances and granite countertops.

Each bedroom has its own private bathroom and balcony.

The condos come equipped with an air conditioning inverter in each room.

Amenities

Owners and guests will enjoy use of a range of services and amenities, including a beach club with swimming pool, bar & grill restaurant, gym, room service, kids club, 24-hour reception, wireless internet and 24 hour security.

Rental Program

A rental program has been developed to offer owners the opportunity to generate a return on investment from their condo while maintaining high standards that guarantee the tranquility and exclusivity of the condo resort.

The rental program will deliver a 70% / 30% split in favour of the owner.

Financing Available

Financing for these condos for sale in Las Terrenas is available with flexible payment plans, plus the option of financing from local banks for up to 70%.

Financing from local banks may be offered in Dominican pesos for a 20 year term or up to 60% in US dollars for up to a 10 year term for qualified buyers.

Payment Structure

Reserve your unit with a US $5,000 refundable payment.

Payment structure as follows:

  • 10% upon signing the contract
  • 10% when construction starts
  • 20% upon completion of the ground floor
  • 20% upon completion of the second floor
  • 40% upon delivery

Tax Incentives

The project benefits from clear titles and attractive tax incentives under Law No. 158-01 CONFOTUR, which promotes investment in tourism.

Incentives include 100% exemption from national and municipal property taxes in the Dominican Republic for the first fifteen (15) years of ownership, including all transfer taxes, property taxes and sales taxes.

Location – Playa Coson Beach, Coson Bay, Dominican Republic

These condos front directly on to the soft white sands of Playa Coson Beach, which is long, luscious stretch of almost untouched beach and one of the best-kept secrets in the Caribbean.

The location enjoys beautiful views of Coson Bay.

Situated only 10 minutes from the town of Las Terrenas, there are numerous shops, restaurants, bars and supermarkets within easy reach.

The site is also easily accessible via Samana’s El Catey International Airport which is just 20 minutes away or via Las Americas International Airport in Santo Domingo which is a 1 hour and 30 minute drive away.

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.