Developement Of 128 Condos By Punta Popy

Condo/Apartment

This new development of condos is located in Las Terrenas, the pearl of the province of Samaná, an area with the one of the greatest tourist potential in the Dominican Republic. Las Terrenas is known internationally for its high rate of tourism, its

las terrenas, Dominican Republic     DRL# 4637   
$86,100 USD  
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
  • Developement Of 128 Condos By Punta Popy
Developement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta PopyDevelopement Of 128 Condos By Punta Popy
This new development of condos is located in Las Terrenas, the pearl of the province of Samaná, an area with the one of the greatest tourist potential in the Dominican Republic. Las Terrenas is known internationally for its high rate of tourism, its beautiful beaches, its variety of cuisine, and its wide variety of tourist activities.

Among its most outstanding beaches are Punta Poppy, Playa Cosón, Playa Bonita, Playa Las Ballenas and El Portillo Beach. It has the international airport Juan Bosch President, or better known as the Catey, is just 20 minutes from the town of Las Terrenas.

PROJECT DESCRIPTION

The project is just 450 meters from playa “Punta Poppy”. It consists of 128 apartments, with 80 units of 2 bedrooms and 48 units of 3 bedrooms, distributed in 20 blocks of buildings. It is a place designed for people to feel comfortable and relaxed, with their beautiful gardens, recreation areas, and the condos overlooking the green areas.

Buyers will benefit from the law "Confotur", so that its acquirers enjoy the following benefits:

Exemption from payment of transfer tax of 3% of the value of the property to the first acquirer.

Exemption up to 15 years from the annual property tax (IPI payment) of 1% of the value of the property.

Exemption from tax payments for capital investment in the project.

The project is under the supervision of the fiduciary "Universal", providing all the investment guarantees to the acquirers. The money invested will be blocked in an escrow account until the final delivery of your unit. If the developer doesn’t comply, the money is returned plus interests as penalties. Financing is available with the main institutions and banks of the country.

Imported modular kitchens with granite top. Sliding windows in glass and aluminum. Porcelain tile floors. Pre-installation for A/C. Rental pool program available. HOA fees projected around 100 USD for the 2-bedroom units and 120 for the 3-bedroom units. The condo fees don’t included the insurance of the building, which is around 700 USD per year.

The project will be built in 3 phases, over the next 3 years. Phase 1 starts in August 2019/delivery August 2020. Phase 2 delivery in 1August 2021 and phase 3 in August 2022.

Payment terms are as follow: 2,000 USD to reserve your unit, 10% at the signature of the promise of sale, 30% at the start of construction and 60% at the delivery of the unit.




Bedrooms: 2Bathrooms: 2
Build Size: 82 m2Gated Community: YES
Mountain View: YESGreen View: YES
Furnished: YESPool: YES







Real estate agent


Atlantique Sud
Dominican Republic

14 listings on DRListings.com

Real Estate Las Terrenas, by Atlantique Sud was founded in 2000 and is one of the first and biggest real estate agencies of Las Terrenas. For many years, we have successfully developed and invested in numerous real estate projects in and around Las Terrenas. Atlantique Sud was the developer of the exclusive real estate project "Los Nomadas". If you are looking for a property for sales

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