Luxury Project of villas in front of Cosón Bay Beach
US$ 462,000+
Property ID 3018

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Description

Welcome to this brand new project of spacious beach villas with a modernminimalist design.
The community is located in an exclusive beachfront area by Coson Bay beach in Las Terrenas. The area is one of the most luxurious beachside zone of Las Terrenas, including high-end resorts and private villas.

The community comprises 90 houses in total featuring 2 bedrooms or more. Every house has its own garden, swimming pool and private parking.

This new project is the result of the developer’s experience in the Dominican Republic for 20 years and their experience in the realization and management of large tourist residential complexes for more than thirty years (Belgium and South of France where they have built and managed more than 2,000 homes).

The architecture of the villas is modular so that it can easily be adapted to your taste.

The project is built over 3 phases, with phase 1 being delivered in this summer, phase 2 well underway and phase 3 beginning in 2024.

Hoa fees are estimated at 2.4 USD per m² of land, yearly. (i.e. on a 600 m² lot, HOA’s amount to 1,440 USD yearly).

The community will be run like a hotel-resort with all amenities and services in place for the comfort of the residents and guests:

  • Rental Management (cleaning, accounting, check-in, check-out…)
  • Beach club:
    • Adult & Children pool
    • Restauran & Bar
    • Fitness & Massage Areas
  • Mini Market “La Boutique”

The main focus of the project is on the profitability of the units. It is addressed to investors looking for rental returns. Thanks to its alliances with tourism operators and an exceptional quality of services, the community will benefit of higher rental rates and return on investment.

Every villa is built on a private lot starting from 6,458 ft² (600 m²) up to 11,302 ft² (1,050 m²). Here is the master plan and availability:

The Options Available for your beach house:

  • Type 1: 2 bedrooms – 1 floor –  2,696 ft² – 250,50 m2 – US$ 36o,000 + Lot

 

  • Type 2: 3 bedrooms (2 bed on 1st floor + 1 guest bed on 2nd floor) 4,069 ft² – 378 m² – US$ 445,630 + Lot

 

  • Type 3: 3 bedrooms (2 bed on 1st floor + Suite on 2nd floor) – 4,209 ft² – 390,75 m² – US$ 506,350 + Lot

 

  • Type 4: 4 bedrooms (3bed on 1st floor + Suite on 2nd floor) – 4,510 ft² – 420 m² – US$ 546,300 + Lot

 

  • Type 5: 5 bedrooms (3 bed on 1st floor + Suite and guest bed on 2nd floor) – 5,038 ft² – 468,06 m2 –  Starting at US$ 604,830

 

To reserve your unit, a payment of 10% (minimum US$10,000) of the land is required.

Payment Plan:

Land Lot reservation Schedule:

  • 10% of the lot value to reserve the lot for 60 days
  • 90% of the lot value to complete the purchase of the lot

Villa Reservation and payment terms:

  • 10% at signature of the Promise of Sale: when finalizing the purchase of the lot
  • 20% foundations and structures
  • 20% walls and ceilings
  • 20% window and door installations
  • 20% finishes
  • 10% upon delivery of the house

Tax Exemptions (CONFOTUR certification):

The project benefits of the certification CONFOTUR which exempts first owners of all property taxes for 15 years:

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

Contact us at Ocean Edge Real Estate to get more information!

HIGHLIGHTS

Exclusive Beachfront Area | Spacious Living Areas | Rental Management

Amenities

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

location

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Luxury Project of villas in front of Cosón Bay Beach

US$ 462,000+

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Property ID 3018

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