Beachfront + taxfree + top location
Overview
- Updated On:
- June 19, 2023
- 0 Bedrooms
- 0 Bathrooms
- Home
- m2 Land
- Start at us$ 131,500
New concept in Las Terrenas: This beachfront complex combines high-end suites and state-of-the-art amenities such as a rooftop bar, restaurant, gym, and supermarket. Invest in a fully furnished and managed hotel suite with a guaranteed rental income for a fixed 10-year term and secure your future as an investor.
Features/amenities
– 42 suites
– Fully Furnished
– Fully Managed Rental
– Rooftop Pool
– Rooftop Restaurant
– Super Market
– Fitness Center
– Shops & Offices
– Free Parking
– Confotour
– No Transfer Tax
– No Property Tax for up to 15 years
– Spa
– Business Center
– First Line to Ocean
– Oceanview
– Trusted Developer
– Easy Payment Plans
Payment Structure
15% Sign
20% -Start of work (September 2023)
25% – 50% of construction (April 2024)
15% – 70% of construction (December 2024)
15% -80% of construction (March 2025)
10% -Delivery (August 2025)
General Funding Rules
1- The client can finance 50% of the total value
2- Annual interest 11%
3- Monthly interest payment
4- The capital pays at the end of the financing, three years
5- In the programming of payment on site the client pays up to 50%, then you have access to the financing of the other 50% and starts paying interest.
Breakdown:
- Prices start at 131,500k and go up to 180k
- Confotour – no prop taxes and no transfer taxes
- Sold furnished
- Hotel management in place – 20% of the nightly rate. That rate can fluctuate as it’s a normal hotel.
- Hoa is around 125/month. Covers all maintenance minus electricity.
- As an owner, if you stay – you only pay the 20% of the nightly rate. You would receive all services you would in a hotel. Towels / soap / sheets / cleaning etc etc.
- Access to oceanfront restaurant on the roof
- Oceanfront infinity rooftop pool
- Gym – but will be privately owned.
- Financing available with a 50% upfront payment
- Nothing is needed to block unit for 10 days – in 10 days you do promise of sale with Guzman Ariza with 16% payment.
- Legal fees included