Amazing condo with Partial Ocean Views, high rental income potential. Great Property for Vacation Rentals!
3 BDR Penthouse | 3 BTH | Private Roof Top Terrace | Partial Ocean View | 3rd/4th/5th Floor | 250 m2 (2,690 SF)
Nicely decorated FULLY FURNISHED, granite countertops, Imported Italian kitchen cabinets, closets and doors in precious woods. Very spacious 3 BDR Penthouse condo with partial ocean/beach views. Laundry room, split air conditioning system. Great Vacation Rental Property.
Beach Residency is one of the most luxurious developments along the beautiful Bavaro Beach. Only 50 meters away, less than a one- minute walk to the white sand turquoise colored Bavaro Beach. Most units offer partial ocean views. A total of 18 units in three buildings of 2 and 3 bedrooms. The 3 bedroom penthouse units are two levels of luxurious living area plus a private roof top terrace. Amenities include a beautiful pool, gazebo with BBQ area. High Quality Finishes!
This Beachfront Condo is located in El Cortecito 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 within walking distance. In addition, you are only minutes away from Palma Real Shopping Village, one of the largest malls in the east coast, where you will find Plaza Lama Supermarket, Outback Steakhouse, Papa Johns, Armani Exchange, and much much more. Punta Cana International Airport, Hospiten Hospital, Cap Cana Heritage School and Punta Cana International School only 20 minutes away.
This is one of the last established beachfront communities within the 35 km stretch of white sand and turquoise colored beaches. This is your home on the beach!
BEACH ACCESS – PUBLIC
This community is located in El Cortecito/Los Corales, within a short walk to the beautiful white sandy Bavaro beach and a large selection of great restaurants, a few small supermarkets, pharmacies, bakeries, money exchange, a spa, casino, nightlife, excursions etc.
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 $296.00 per month paid to Beach Residency (HOA) – 24 hour security, gas, water, pool maintenance, common area electricity, trash collection and landscaping.
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.