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1 Bedroom Condos for Sale, Cana Bay, Punta Cana, Dominican Republic

Punta Cana, Dominican Republic

Property ID: 52837

1 bedroom condos for sale in the Dominican Republic set along the Hard Rock Golf Club at Cana Bay in Bavaro-Punta Cana.

Punta Cana, Dominican Republic – Condos for Sale

Searching for new condos for sale in Punta Cana?

These condos are located within a new condominium development set along holes 6 and 7 of the Jack Nicklaus-designed Hard Rock Golf Club at Cana Bay in the BavaroPunta Cana area in the Dominican Republic.

Scheduled for completion in June 2021 (phase 1) and June 2022 (phase 2), this development will include 557 condo units in total.

Investment Options

Buyers can choose from a selection of 1 bedroom condos which range from ground floor swim-up units to second, third and fourth-floor units offering pool, garden and golf course views.

All of the fully air-conditioned condos feature open plan living and dining areas with contemporary modular kitchens equipped with black granite countertops and stainless steel appliances.

Some units include swim-up pool access, private gardens or private roof terraces with Jacuzzis.

Amenities

Residents enjoy the use of the development’s 3 swimming pools, 4 restaurants, gym and use of the nearby Cana Bay Beach Club at Arena Gorda Beach which is just a stroll away.

Residents also benefit from valet parking, 24-hour security and elevator access.

Ideal Vacation Home or Investment with High Income-Generating Potential

Comprehensive property management services ensure your condo will be taken care of throughout the year.

The units would be ideal for vacations or as an income-generating investment in the leading tourism destination in the Dominican Republic as the developer is offering a guarantee of 6% annual returns.

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 $1,309,355
  • % + or - average property price -37%
  • Property price range $92,000 - $11,800,000

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.