SOLD

1 Luxury penthouse apartment featuring 3 bedrooms remaining for sale on in this brand new, high end residential project with modern finishes. Each Penthouse has its private swimming pool on the rooftop terrace.

The construction was just completed in December 2023.

The project benefits of the Certification CONFOTUR (Law 158-01) which offers a 15-year 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 private compound, built on 3 floors, will be composed of 9 apartments in total. It is located on the second line, 150 meters  walking distance to one’s favorite beach of Las Terrenas: Playa Bonita.

The area is known for chic tourism. A peaceful boardwalk along the beach will lead you to delicious beachfront hotels and restaurants. Playa Bonita was recently ranked among the 10 best beaches in the world by National Geographic.

On the main floor, the spacious condos feature an extensive covered terrace, perfect for the outdoor living. Double glazed aluminum doors open fully to reveal vast living spaces, a comfy salon and Italian modular kitchen with island. A laundry room is accessible from the terrace.
In the back one finds the 2 large bedrooms with full en suite bathroom and Italian shower.

On the rooftop level, the penthouse offers a very luxurious apartment, featuring the master bedroom with en suite bathroom and walk in closet, a bar-kitchenette, private pool, lounge area under pergola and a separate bathroom for the guests.

The condos are equipped with air conditioning in every bedroom and in the living space.

The project is built and developed by a recognized local architect-constructor with proven experience and success in Las Terrenas, Samana. The building quality is always of top standard and finished with the best materials:

• Coral stone floors
• Quartz worktops in the kitchen and island
• Brazilian oak for all cabinets and interior doors
• Double glazed sliding doors and windows in stainless steel

The apart-hotel will offer the following amenities for maximal comfort of its guests:

• Gym
• Swimming pool
• BBQ area by the pool
• Laundry facility
• 24/7 security

Ocean Edge highly recommends this property as a exceptional real estate investment in Las Terrenas. The project checks all the boxes:

• Competitive Entry Price,
• Prime Location,
• High Building Standards,
• Strong Returns from Rentals and Immediate Capital gain,
• Tax Exemptions (CONFOTUR)