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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
- 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
|2 Bedrooms 105 M2||2||2||105||20||US$ 199,500|
|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.
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
- 10% at signature of Compromise of Sale (30 days after reservation)
- 30% during the construction process
- 60% at delivery of the condo
NEW Beachfront project in Portillo beach
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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.
Click on your preferred lifestyle and find the perfect fit.