Playa Turquesa Ocean Club Beachfront Condo, high rental income potential. Great Property for Vacation Rentals!
1 bedroom | 2 baths | Ocean/Beach View | Ground Floor | 81 m2 (872 SF)
Nicely decorated and sold FULLY FURNISHED, granite countertops, Imported Italian kitchen cabinets, closets and doors in precious woods. Very spacious 1 BDR condo with ocean/beach views. Laundry room, central air conditioning system. Great Vacation Rental Property.
Playa Turquesa, 1 bdr 2 bath, 1st floor (Ground Level), great ocean views, very close to the beach - front buildings of the development. First class finishes, with coral stone floors, granite countertops, imported Italian kitchen. Laundry room, central air conditioning and elevators in each building.
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. Homeowners 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 a rental-pool program, local hospitality and perfect weather all year round, guarantees a significant growth in the value of your investment.
BEACH ACCESS – PRIVATE
This community is located in Los Corales, 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. Playa Turquesa private beach access with private chaise loungers for owners and tenants (beach and pool 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, 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 beachfront communities within the 35 km stretch of white sand and turquoise colored beaches. Best value that can be found in the Punta Cana Real Estate market.
CONDO FEES, PROPERTY INSURANCE, WATER & GAS
US $225.00 per month paid to Playa Turquesa (HOA) - property insurance, security 24/7/365, pool maintenance, common area electricity, trash collection, elevator maintenance, beach maintenance/clean up and landscaping. Gas and water 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.