NEW Beachfront project in Portillo beach
US$ 214,500+
Property ID 3028

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Description

Not to miss! Brand new development of beachfront condos located right by the exclusive beach of El Portillo in Las Terrenas. The condominium is next to the Kite Surf beach in a luxury area comprised by resorts and private villas.

The concept offers luxury at a very affordable entry price. The condominium will be comprised of 90 units in total. The 2nd floor and 3rd floor units in blocks 1-2-3 will enjoy ocean views. The project will be built over 3 construction phases:

  • Phase 1 starting at the beginning of 2022 and completion in May 2024
  • Phase 2 completion in December 2025
  • Phase 3 completion in December 2026

Amenities

      • Restaurants
      • Beach Club
      • Spa and Gym
      • Children’s area – Living room games
      • Events room
      • 5 Pools and Jacuzzis
      • Security and Control of Acess
      • Parking for visitors

Price list – Phase 1

Type Bed Bath Terrace M² Price
2 Bedrooms 105 M2 2 2 105 20 US$ 214,500
2 Bedrooms with private garden 2 2 105 20 US$ 234,500
3 Bedrooms 128 M2 3 2 128 21 US$ 254,720
3 Bedrooms with private garden 3 2 128 21 US$ 273,200
Mini Penthouse 3 3 186 44 US$ 289,000
Large Penthouse 3 3 223 53 US$ 349,500

The HOA fees are estimated at US$2 per M², monthly. The units are delivered without furniture. Furniture packages can be purchased from the developer. Contact us to receive more information on the options, pricelist and availability…

The project will benefit of the Certification CONFOTUR (Law 158-01) which offers a 15 years Tax exemption for the first owners in the project:

  • Exemption from the 3% Transfer Tax for the transfer of the title
  • Exemption from the 1% Annual Property Tax (IPI)
  • Exemption from the Tax on Capital Gain when reselling the property
  • Exemption from the Tax on rental income

The project management is assured by the Fiduciary Universal to guarantee the financial health of this real estate development.

Reservation: 

One can book his favorite unit with a US$2,000 deposit and will be required to fill in the FidUniversal Form and provide some financial documents:

– Income Tax 2021
– Copy of Passport
– Copy of Driving License
– Employment Letter or Proof of Income
– Last 5 months bank statements

Payment Terms:

  • 10% at signature of Compromise of Sale (30 days after reservation)
  • 30% during the construction process
  • 60% at delivery of the condo

HIGHLIGHTS

Exclusive Beachfront | Price Opportunity | Hotel Amenities

Amenities

swimming pool
parking
security 24/7
gated community
air conditioning
wifi
optical fiber
rental management
lobby
watchman
security cameras
jacuzzi
emergency generator
laundry room
terrace
pool bar
restaurant
cleaning service
children pool
garden
gym
BBQ area
furnished
ceiling fans

location

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NEW Beachfront project in Portillo beach

US$ 214,500+

You like it ?

Property ID 3028

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What is your favorite lifestyle? Waking up in the morning with gorgeous views over the ocean and the surrounding nature, the exclusive beach life feet in the sand or in a quiet neighborhood a few steps from the pristine waters of Las Terrenas.

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