Details

Facilities

Social Area, Elevator, Balcony, BBQ, Dining Room, Electricity 24 hours, Gazebo, Jacuzzi, White Line, Swimming Pool, Security 24 hours, Terrace,

Description

Welcome to this new beachfront condominium development located next to the exclusive El Portillo beach in Las Terrenas </strong>. The condominium is next to the Kite Surf beach in a luxury area made up of resorts and private villas. The concept offers luxury at a very affordable price of entry. The condominium will be made up of 90 units in total, all with ocean views. It will be built in 3 construction phases: Phase 1 begins in early 2022 and ends in May 2024 Completion of phase 2 in December 2025 Completion of phase 3 in December 2026 The project will benefit from the CONFOTUR Certification (Law 158-01) that offers 15 years of tax exemption for the first owners of the project: 3% transfer tax exemption for transfer of title Exemption from the 1% annual property tax (IPI) Exemption from capital gains tax when reselling the property Rental Income Tax Exemption The management of the project is ensured by the Universal Fiduciary to guarantee the financial health of this real estate development. Booking: One can reserve their favorite unit with a deposit of US$2,000 and will be required to complete the FidUniversal form and provide some financial documents: – Income tax 2021 – Copy of passport – Copy of driver's license – Employment letter or proof of income – Bank statements for the last 5 months Payment conditions: 10% at the signing of the sales commitment (30 days after the reservation) 30% during the construction process 60% upon delivery of the condominium show less amenities 2 elevators rental administration Water High profitability Kid's play zone massage area Terrace type balcony club house kitchen with breakfast bar Jacuzzi Beachfront roofless terrace Units