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Lakeview apartments Playa Bonita

us$ 280.000
Las Terrenas, Dominican Republic, , ,
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Lakeview apartments inside Playa Bonita Beach Residences are located steps away from the beachfront, right in front of a lagoon. Total of 36 units and includes pool, bar, and a clubhouse. Lakeview is designed to maximize rental income.

Additionally, owners and guests enjoy all the services and comforts of a hotel: concierge, room services, cleaning and laundry, security, bar and snacks. The units range in size from 140 square meters (1,506 square feet, two- bedrooms) all the way to 330 square meters (3,552 square feet, four- bedrooms).

  • 2 bedroom + service room units start at 280,000 usd.
  • 3 bedroom plus penthouses start at 324,000 usd

New to be built.

  •  Lock-off unit design allowing the owner to rent only one bedroom, or the entire home.
  • Master bedroom includes kitchenette and owner’s closet to store personal items.
  • Building with elevator to top floor.
  • Interior floors in porcelain.
  • Aluminum window frames with clear glass.
  • Interior doors in precious wood.
  • Modular kitchen with natural granite countertops.
  • Kitchen appliances including refrigerator and stove.
  • Air Conditioning unit in bedrooms.
  • Washer/Dryer unit.
  • Water heater unit.
  • 1 parking space per apartment.
  • Visitor parking.

Confotur law and financing:

-free of transfer taxes which is normally 3% from the appraised value

-free from yearly real estate taxes for 15 years which is normally 1% from appraised value

-up to 50% of the property / up to 10 years / as low as 7.50% APR

More OPTIONS in Playa Bonita Beach Residence:
-Los Cocos apartments (starting at 198,000 usd)
-Beach apartments (starting at 335,000 usd)
-Playa VI apartments (new / starting at 430,000 usd)
-Los Delfines (new / starting at 369,000 usd)
Address: Las Terrenas, Dominican Republic
Country: Dominican Republic
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Property Id : 41718
Price: us$ 280.000
Property Size: 140 m2
Bedrooms: 2
Bathrooms: 2
Year Built: 2017

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  • General Information

    Legal & notary fees to buy the property and to put the title on your name in general 1% over the sales price. And over that amount 18% itbis. So a home from 200,000 usd will do in legal and notary fees around 2,360 usd. More info here...

    Transfer property tax: is 3,1% of the registered value from the property at the DGII (DR tax-office). More info here...

    Ownership: There are no restrictions for foreigners to purchase and/or own real estate in the Dominican Republic. Full ownership 100% on your name or whatever other legal entity/company. More info here...

    Yearly property taxes: Property(s) owned by an individual and assessed by the DGII (DR tax-office) below DOP 7,019,383 (around 150,000 usd) will be exempt of yearly property taxes and any excess will pay 1% per year over that difference. All properties owned by a company will pay 1% per year of the assessed value with no exemptions. More info here...

    Deslinde: According the DR's Property Registry Law a property purchase cannot be recorded at the Property Registry without a clear Certificate of Title (with deslinde). A "deslinde" refers to a clear title which has been issued after the property has received the final judge's approval certifying it has been properly surveyed and that its property lines and boundaries have been clearly defined and established from the original title dating prior to the new registry law or a new title altogether. No purchase should be carried out without a clear Certificate of Title. More info here...

    Construction prices: The average construction prices are starting around 600 usd per m2 (60 usd per sf2). This is a basic construction with concrete polished floor, wooden or concrete thatched roof for example, pine tree wood or oak. Pool prices do around 500 usd per m2 (50 usd per sf2). Marmoline inside, with poolpump and filter. More info here...

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