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

Punta Cana, Dominican Republic

Property ID: 51927

Last few 2 bedroom condos for sale in Punta Cana, Dominican Republic in a new complex along the Hard Rock Golf Club at Cana Bay.

Punta Cana, Dominican Republic – Condos for Sale

Searching for new condos for sale in the Dominican Republic?

These condos are the final remaining units for sale within a new condominium development set along the Hard Rock Golf Club at Cana Bay in Punta Cana in the Dominican Republic.

Scheduled for completion in June 2020 (phase 1) and June 2021 (phase 2), this development will include 445 units in total, only a handful of which remain available for sale.

The development straddles the third, fourth and fifth holes of the Jack Nicklaus-designed Hard Rock Golf Club at Cana Bay – a prestigious residential community just 20 minutes from Punta Cana Airport.

Investment Options

Buyers can choose from a selection of 1 bedroom condos and 2 bedroom condos offering pool, garden or golf course views.

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

Some units include private gardens or private roof terraces with Jacuzzis.

Amenities

Residents enjoy the use of the development’s 2 lagoon-style swimming pool, 2 signature bar and restaurants, gym, 2 kids playgrounds 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 6% 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 6% 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 $1,280,708
  • % + or - average property price -42%
  • 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.