Welcome to this new project of chalets featuring 1-bedroom studios and 2-bedroom apartments.
Located on a hillside with beautiful views at the surrounding mountains and mountain breeze. The design blends modern interiors with mountain chalet style.

The first 2 stages of construction will see the first condos delivered in the summer of 2024.

The 2 last stages of construction will be completed by the summer 2025.

The LOCATION

On the hills of Playa Portillo, a short 2 minutes drive to Playa Carolima and 10 minutes drive to Las Terrenas center.

The kite surf spot in Portillo beach is only 5 minutes away. It is attracting more and more adepts, beginner or advanced level. On the most eastern part of Portillo beach one encounters himself on mesmerizing white sand beaches and shallow waters, where river and ocean come together.

THE AMENITIES:

• Swimming Pool
• Administration office
• Mini Market
• BBQ Area
• Laundry
• Security 24/7
• Pool Bar
• Private Parking

The units are delivered with kitchen equiped with island, stove, oven and sink. Pre-installation for air conditioning in the bedrooms and living room.

1-Bedroom Studio, 1 bathroom | Starting Price = 95,000 US$
463 ft² | 43 m²

2-Bedroom, 2-Bath. apartment with mountain view | Starting price = 180,000 US$
1,055 ft² (98 m²)

1-Bedroom apartment with ocean view | Starting Price = 170,000 US$
786 ft² (73 m²)

TAX EXEMPTION:

The development is applying for Confotur (Law 158-01) which exempts first owners from all property taxes for the next 15 years:

• No 3% tax on transfer of property
• No 1% yearly property tax

PAYMENT TERMS:

Secure your favourite unit with 2,000 USD !

1st stage: 30% initial – 50% during construction – 20% at delivery
2nd stage: 20% – 60% – 20%
3rd stage: 10% – 70% – 20%
4th stage: 5% – 75% – 20%

THE CONSTRUCTION COMPANY:

The project is built by MIDICONSA, a multi-service construction company with more than 20 years of experience in the Dominican Republic and in Las Terrenas.

HOA fees are estimated at US$ 2  per m² monthly,  They include security, pool & garden maintenance, parking & electricity in the common areas.

Ocean Edge recommends this project as a promising real estate investment in a peaceful area with a good rental potential and capital gain expected.

Contact our brokers to program a visit or to receive more information!