PUNTA CANA BEACH CONDO FOR SALE
Playa Turquesa Ocean Club, a beachfront community with high rental income potential. Great Property for Vacation Rentals!
Playa Turquesa is formed by 16 residential buildings of 3 and 4 levels, that total 188 apartments of one, two and three bedrooms, including a reception area and featuring double level penthouses in each block. It also includes a plaza with 9 commercial spaces. Its future homeowners will enjoy various services such as: concierge, 24 hour on site security, restaurants and beach club. Playa Turquesa is one of the last projects to be developed in the best beach of Bavaro, El Cortecito Beach, which combined with our Professional Managed Vacation Rentals Program, local hospitality and perfect weather all year round, guarantees a significant growth in the value of your investment.
2 bedroom | 2 baths | Plus Loft/Mezzanine and Private Roof Top Terrace | Beach, Ocean & Pool Views | Fourth floor | Elevator | 181m2 (1,948 SF)
Playa Turquesa, 2 BDR +loft/mezzanine area and private roof top terrace, 2 BTH, 4th floor, great ocean views. Nicely decorated and sold FULLY FURNISHED AND FUTURE RESERVATIONS FOR SHORT TERM VACATION RENTALS. First class finishes, with coral stone floors, granite countertops, imported Italian kitchen. Laundry room, central air conditioning and elevators in each building. Great Vacation Rental Property.
ABOUT PLAYA TURQUESA
Playa Turquesa - Where Luxury and Beauty Come Together. In Bavaro-Punta Cana emerges a unique in its class and the most luxurious project in front of the turquoise waters of the Caribbean Sea, which will fulfill all your dreams of a home on the beach. The last project to be developed in the best beach of Bavaro.
Bavaro-Punta Cana, located on the eastern tip of the island of the Dominican Republic, is the longest stretch of white sand of the Caribbean, and it is here, in front of the most beautiful beach of the area, protected by reefs, where this development rises. It is situated at less than one kilometer from three of the best golf courses, and just beside the most luxurious hotel complex of the area. It is also located 20 minutes from the Punta Cana International Airport (PUJ).
-Reception Area & Concierge
-24 Hour On-Site Security
-Commercial Plaza with Restaurants, Supermarket & Gift Shops
-Reinforced Concrete Structure
-Elevator in each apartment complex
-Exterior Walls Rustic Finish
-Wall Finishing & Interior Walls Plaster finish or Colored Stucco
-Doors and Closets in precious woods (oak)
-Bathrooms with Imported Ceramic with Granite or Marble Countertops
-Kitchens Imported Italian Modular with Granite Countertops
-Central A/C in ALL rooms and social areas
EL CORTECITO & LOS CORALES NEIGHBORHOOD INFORMATION
El Cortecito Beach and Los Corales, in the heart of Bavaro, is the closest to a small beach town/fisherman village in the area. This area is considered to be the downtown of Bavaro-Punta Cana. You will find restaurants, bars, pharmacies, supermarkets, shopping centers, gift shops and banks. This is one of the last established beach front communities within the 35 km stretch of white sand and turqouise colored beaches. Best value that can be found in the Punta Cana Real Estate market.
Only 20 minutes from the Punta Cana International Airport (PUJ).
CONDO FEES, PROPERTY INSURANCE, WATER & GAS
USD 485.00 per month paid to the Playa Turquesa Ocean Club (HOA) - Includes property insurance, security 24/7/365, pool maintenance, beach maintenance, common area electricity, trash collection, landscaping. Water & gas are extra and based on consumption.
CLOSING COSTS AND TAXES
Lawyer fees 1%-1.5% of the sale
One Time Property Transfer tax of 3.1%
Yearly property Tax Exemption - Approx. $150,000 - This property will NOT PAY any yearly property taxes on the first $150,000. On the amount exceeding $150,000, you will only have to pay 1%.
Dominican Bank offer financing for properties with title deeds. Foreigners MUST have Dominican Residency in order to apply for a mortgage loan. The Dominican Republic is primarily a CASH MARKET.