Ocean Edge presents this new touristic development of ultra modern design villas and condos located a few steps from Popy Beach, Las Terrenas.

The construction starts in June 2023 with delivery in June 2025.

The project will be comprised of 3 ambiances:

• The Hotel and Spa with 10 rooms on two levels with reception, restaurant,
  lounge bar, spa, boutique and all the hotel services necessary for the management and maintenance of the entire complex.
• 12 two-bedroom apartments with private swimming pools
• And the VIP residential area consisting of 17 luxurious 3-bedroom villas with private pools

There are several villas available for sale, featuring 3 bedrooms and 2.5 bathrooms. Every villa benefits of a private pool and deck and outdoor living areas.

Asking price starts from 350,000 USD for the first buyers in the project!

See Floor Plans Below:

The project benefits of the Certification CONFOTUR (Law 158-01) which offers a 15-year Tax exemption to 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

Payment Terms:

• 5% upon reservation (Promise of Sale agreement)
• 5% upon obtaining the building license
• 30% at the start of construction
• 30% at completion to the ceilings
• 20% at installation of the windows
• Balance: 10% at delivery

The community will offer all the amenities to ensure a comfortable vacation to its guests:

• Reception desk with concierge
• Rental Management in Option
• Pool area with restaurant
• Spa & Gym
• Security 24/7
• Parking area

HOA’s are estimated at 190 USD monthly.

The developer has 30-year experience in construction with several successful real estate projects to his name in Las Terrenas, Canada and France.
A model property can be visited to show the quality of construction and the finishing materials.

Ocean Edge recommends this real estate project for investors looking to make excellent profits from rental and benefit from a complete package of rental services like in a hotel.