Luxury Project in Seaside Community of El Portillo Beach
US$ 265,000 +
Property ID 3071

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Description

Welcome to PHASE 2 of this Beachfront project in El Portillo Beach. In the first stage, 49 condos are being built with delivery in 2025 (SOLD OUT).

68 units are now officially available for sale in the second stage, with delivery
at the end of 2026, all facing the sea, in a magnificent location.

The LOCATION

Beachfront of Playa Portillo, a short 2 minutes drive to the active beach of Punta Popy in Las Terrenas and 5 minutes to the center.

The project enjoys a prime location of choice on the first line of Portillo Beach, next to the famous beach restaurant “El Porto” and the “Mosquito Beach Bar”. The area is known for chic tourism.

The kite surf spot in Portillo beach 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 PROJECT

68 apartments in total, distributed in 5 buildings:

  • 51 units:  2-bedroom apartments with terrace
  • 17 units:  1-bedroom penthouse with terrace and jacuzzi

Exceptional amenities including:

  • 2 Swimming Pools
  • Bar-Restaurant
  • Fitness Area
  • Spa
  • Yoga Studio
  • Boutique
  • Reception
  • 24/7 security
  • Rental Management
  • Private parking

The spacious condos feature an extensive covered patio with tropical gardens surrounding the property. Double glazed aluminum doors open fully to reveal vast living spaces, a comfy salon and Italian modular kitchen with island bar available in option.

In the back one finds the large bedrooms with full en suite bathroom and Italian shower. The condos also offer a separate bathroom for guests. All rooms are equipped with air conditioning and ceiling fans.

2-Bedroom CONDO | Starting Price = 329,000 US$
1,475 ft² | 137 m²

1 Bedroom with private bathroom | Starting Price = 265,000 US$
925 ft² (86 m²) + 549 ft² (51 m²) of terrace

 

BUILDING COMPANY:

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 high standards and finished with the best materials:

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

The construction started on July 2024 and will be completed by December 2026.

The payment terms are the following:

  • Reserve your unit with a deposit of 10,000 USD
  • 15% at the Signature of the Promise of Sale
  • 25% at the beginning of Works
  • 25% at the start of gray works
  • 20% at the beginning of the Completion Phase
  • 15% upon delivery of the project

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

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

The nightly rate is 220 USD on average on 2-bedroom condos. The estimated rental income is 35,000 USD yearly.

Ocean Edge highly recommends this investment property with substansive rental rate and capital gain guaranteed thanks to its exceptional beachfront location and building quality.

Contact our broker to program a visit or to receive more info!
Mica: +1 829 994 9798

HIGHLIGHTS

Prime Beachfront Location | Luxury Rental | High End Construction & Finishes

Amenities

swimming pool
parking
security 24/7
gated
gated community
air conditioning
wifi
optical fiber
rental management
watchman
security cameras
jacuzzi
emergency generator
laundry room
terrace
cleaning service
garden
gym
BBQ area
furnished
ceiling fans
elevator

location

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Luxury Project in Seaside Community of El Portillo Beach

US$ 265,000 +

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Property ID 3071

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