Last apartment available for sale in one of the most exclusive communities in Las Terrenas, Dominican Republic. The residences are located in Playa Portillo, on the front of an idyllic beach, 5 minutes driving from Punta Popy and the touristic center of Las Terrenas. The residences are in a luxury resort area and only a few steps away from the Kite surfers’ beach.

The community is built around 3 different atmospheres. If you are interested in 3-bed condos in the same community please visit the listings here: ELEGANT RESIDENCES IN PRESTIGIOUS BEACHFRONT AREA

• The unit is in The Lagoon area with view at the lagoons and beautifully landscaped gardens
  • • 2 bedrooms | 1,873+ ft² (174+ m²) | SOLD

The apartment is sold with a fully equipped kitchen and furnished. There is central air conditioning in all rooms. The HOA fees are US$0.27 per ft² (US$3 per m²).  The apartment is sold with all the furniture and appliances.

The community benefits from the Certification CONFOTUR which exempts the first owners of all property taxes for more than 10 years:

• No 3% tax on transfer of property
• No 1% yearly property tax (IPI)
• No tax on rental income

Amenities:

• Beach club with restaurant and bar
• Swimming pool and solariums
• Gym
• Massage area on the beach
• Security 24/7
• Reception desk
• Rental Management

Owners have the possibility to leave the rental management to the local team or manage their rental individually through AirBnb, Booking or other rental platforms.

These apartments are sold well below their market value and we expect a strong capital gain on these units. The rental rate is on average US$250 per night for the Lagoon Villas.