Amare Apartments – Taxfree | Starting $305,000

Amare at Punta Popi. A new dream location is in full construction. 43 units on the beach, just outside town from Las Terrenas. Walking distance to town and 2 minutes to the best burger bar in town!

The show model is ready. So contact me for a viewing. You will be surprised. The entire community is ready summer 2021.

Punta Popi is famous for its aquatic sports. Enjoy kiting here among others. Amare aparthotel has 47 units, 2 clubhouses with 2 pools, reception, laundry, gym, spa, restaurant and the first with a co-working space.

Important general details:

• 9 blocks divided over 2 and 3 levels
• 1 to 3 bedrooms and penthouses all with large roof tops
• 17 penthouse apartments
• 2 clubhouses with 2 pools
• kids playground
• reception and hotel service with rental pool
• airbnb yourself also possible
• bar, restaurant
• co-working place
• gym and spa
• laundry
• full backup generator
• every apartment an assigned parking
• camera control and controlled entrance
• fiber optics internet throughout

Apartment details:

• every apartment has a private parking
• half bathroom or laundry space
• AC installed in masterbedroom and salon. Rest pre-installation.
• Italian kitchen (can be upgraded)
• cooker, extractor, oven and AC in bedroom and salon included
• fridge, dishwasher, washer/dryer and microwave NOT included
• fiber optic connection inside. The internet plan is NOT included.

HOA fees – common monthly expenses:

• between 200 USD – 250 USD per month per unit
• NOT included is internet, gas, electricity
• HOA includes insurance from the buildings

Payment conditions and plans:

• 10% with signing promise of sales
• 25% flexible and can be discussed
• 65% when apartment will be handed over with title
• BanReservas can assist with financing

Taxfree / Confotur law:

• you don’t pay property transfer tax, which is normally 3%
• 15 years yearly 0 taxes (normally yearly IPI 1% over purchase amount minus a free level from around 140.000 USD)
• exemption from taxes in capital gain increase
• no tax (27%) on revenues

Lawyer / notary fees:

• 1% over sales price + 18% VAT with a minimum from 1.770 USD
• apartment 200.000 USD example: 1% is 2.000 USD. Over that amount 18% VAT. Total 2.360 USD legal fees.
• International buffet: Guzman Ariza, Las Terrenas www.drlawyer.com