$105,900 Palm Suites
Palm Suites 0403
El Cortecito (Bávaro, La Altagracia, DO - 23000)
Fully Furnished, Walk to the Beach!
Palm Suites, Short Walk to White Sand Beach, high rental income potential. Great Property for Vacation Rentals!
Palm Suites is formed by 10 residential buildings of 4 levels, that total 44 one, two and three bedroom condos. Developed nearby 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.
1 bedroom | 2 baths | Pool Views | Second floor | 95 m2 (1,022 SF)
Nicely decorated and sold FULLY FURNISHED, granite countertops, kitchen cabinets, closets and doors in precious wood. Laundry room, central air conditioning system. Great Vacation Rental Property.
ABOUT PALM SUITES
1, 2 and 3 bedroom condos with pool and/or garden views right from your very own balcony. 300 meters from the shoreline of the El Cortecito Beach - a large outdoor market where you can find everything from deep sea fishing excursion to hand made arts and crafts. There is also an outdoor seafood restaurant right on the beach that has the freshest seafood in the area. If you are looking to own a small piece of absolute Paradise, then you have come to the right place. You will never get bored in this high tourism area with so much to do and all in walking distance! Some of the very local entertainment includes Casinos, parasailing, helicopter tours, white water river rafting, sport fishing, and much more.
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).
BEACH ACCESS – PUBLIC AND FREE
This community is located in El Cortecito, within a short walk to the beautiful white sandy Bavaro beach and a large selection of great restaurants, a few small supermarkets, pharmacy, 2 bakeries, ATM machine, money exchange, a spa, casino, nightlife, excursions etc. There are 6 public beach access points with the closest one to Palm Suites being about a 4-minute walk.
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, bakeries, bars, pharmacy, supermarkets, shopping centers, gift shops and tropical fruit stand. You will find many restaurants right on the beach that have the freshest seafood in the area. If you are looking to own a small piece of absolute paradise, then you have come to the right place. You will never get bored in this high tourism area with so much to do and all in walking distance! 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). 10 minute walk to Plaza Turquesa, El Dorado Village and Plaza Arenal Caribe. In these 3 shopping centers you will find restaurants, bakeries, sports bars, grocery stores, gift shops, pharmacy, laundry services and of course our FULL SERVICE REAL ESTATE OFFICE. A short 3-minute drive from El Cortecito and Los Corales you will have Palma Real Shopping Village where you will find more shopping, restaurants, Movie Theater and supermarket. Some include Hard Rock Café, Outback Steakhouse, Palacio del Cine Movie Theater, Lama Supermarket, Nautica, Tommy Hilfiger and Armani Exchange. A 10-minute drive you will have San Juan Shopping Center and Downtown Punta Cana. You will find Pola Supermarket, Pizza Hut, Ikea, Caribbean Cinema, Coco Bongo Show & Disco, Subway, and Dolphin Discovery theme park to name a few.
CONDO FEES, PROPERTY INSURANCE, WATER & GAS
USD 110.00 per month paid to Palm Suites (HOA) - security 24/7/365, pool maintenance, common area electricity, trash collection, landscaping and water.
PROFESSIONAL MANAGED VACATION RENTALS
Go Punta Cana Real Estate property management program makes vacation rentals a convenient and pleasurable experience for both its homeowners and guests. It is our goal to be the 1st choice for rental management services. The rental management program and property care services offer the best value possible for revenue and the maintenance of your vacation property.
CLOSING COSTS, 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.
DEED (TITULO), OWNERSHIP, FINANCING
We list only properties with deeds (TITULO). No restrictions for foreigners to purchase or own property in the Dominican Republic. Dominican Banks offer financing for properties with deeds (TITULO). Foreigners MUST have Dominican Residency in order to apply for a mortgage loan. The Dominican Republic is primarily a CASH MARKET.
FULL SERVICE REAL ESTATE OFFICE
We ARE NOT a home/car based real estate business. We DO HAVE a PHYSICAL OFFICE located in a strategic location, which brings us great exposure. That means more walk-in clients for properties that are FOR SALE as well as for VACATION RENTALS.
We DO HAVE 15+ FULL TIME employees with diverse backgrounds that will be able to help you with real estate sales, property & vacation rental management, Internet marketing and house-keeping needs.
We DO HAVE 15+ independent contractors that assist with architectural design, construction, interior design, personal shopping, legal assistance, property insurance, ground transportation and excursions. We understand that buying in a foreign country is a big decision so we provide you with qualified professionals that provide assistance in different areas.
WEBSITES - LOCAL BILLBOARDS - TV COVERAGE
WE DO HAVE 20+ WEBSITES, the most for any local real estate office, dedicated to real estate sales, vacation rentals and lifestyle. All our websites are updated on a regular basis by our team of specialists. This keeps us on the first page for many keywords on Google, Yahoo and Bing search engines.
For most homebuyers, the purchase of real estate is one of the largest financial transactions they will make. Annual survey conducted by the NATIONAL ASSOCIATION OF REALTORS® of recent homebuyers and sellers provides insight into detailed information about their experiences with this important transaction. Here are highlights from the latest report.
92% of buyers use the internet in some way in their home search process and 50% percent of buyers use a mobile website or application in their home search.
For 43% of homebuyers, the first step in the home-buying process was looking online for properties and 12% of homebuyers first looked online for information about the home buying process.
That is the reason for many major news outlets shutting down their print versions and investing in online media outlets. PRINT MEDIA is a DYING BREED.
We DO NOT sell PRINT MEDIA advertising to supplement our income or marketing budget.
WE DO HAVE LARGE 10' X 20' BILLBOARDS all over town for exposure to potential clients and to solidify our position in the local real estate marketplace.
WE HAVE been featured in several HGTV episodes of House Hunters International and Caribbean Life. Please contact us if you would be interested in participating in future episodes.