DESCRIPTION
Welcome to this welcoming and bright 3-bedroom condominium that spans two levels, with an enchanting rooftop. Situated within an exclusive beachfront community along the shores of Playa Coson, it offers an oasis of tranquility just a 10-minute drive from the heart of Las Terrenas.
Perched on the second floor (+1 from the ground floor), the main level of the apartment features two bedrooms, each with its own bathroom and closet, complemented by a charming balcony offering a captivating ocean view. Nestled on either side of the living room, the fully equipped kitchen is perfectly connected to the dining room, which promotes smooth circulation.
Climbing the stairs inside the apartment takes you to the second level, where the spacious third bedroom is located, which has its own bathroom with shower, sink and toilet, as well as an adjoining closet. The master bedroom extends to a roof terrace, complete with a pergola and a comfortable lounge area.
Equipped with central air conditioning, the condo features natural coral stone floors and bathrooms, as well as European bathroom fixtures. This unit provides an ideal opportunity for part- or full-time living, and its appeal extends to those looking for a vacation home in this charming beach town.
If you are interested in purchasing them, furniture and appliances are available for an additional $25,000. The Homeowners Association (HOA) fee is $500 per month and includes full maintenance of common areas, front desk services, security, potable water, and pool access. A property management service is also offered, with a fee split of 30% for the hotel and 70% for the owners. This service covers the management and promotion of rentals, excluding the cleaning of condominiums. With an occupancy rate of 35%, the condo offers a net annual return of 5%, taking into account all fees and commissions, with potential for improvement. The average occupancy rate of the project is around 60%.
Benefiting from the Confotur Law, Coson Bay offers a range of attractive tax incentives to potential buyers, including exemptions from property transfer tax, property tax and certain taxes on capital increases and income. The project boasts a rich set of amenities including beachfront access, free Wi-Fi in public areas, dedicated parking, ample outdoor spaces, swimming pools, children’s area, security 24/7, poolside restaurant and beach club, front desk and hotel services, backup power generators and rental program available.
For more information on the Confotur law and approved real estate projects, please refer to relevant sources.
Features
Number of pieces: 3 pieces
Building 220 m²
