One Bedroom Apartment Right In The Heart Of Las Terrenas (EXP)
This beautiful one bedroom modern condo is located right in…
Apartment, For Sale
KASH | Real Estate In Dominican Republic | Las Terrenas, Santo Domingo, Punta Cana
We Connect International Buyers with Reputable & World Class Developers
Specializing in Pre, New & Luxury Construction
KASH | Real Estate In Dominican Republic | Las Terrenas, Santo Domingo, Punta Cana
We Connect International Buyers with Reputable & World Class Developers
Specializing in Pre, New & Luxury Construction
Mediterranean Style Villa on a Private Mountain | 4 Min Walk To The Beach
Loma Bonita, Playa Las Ballenas
Existing Construction, For Sale, Oceanview, Villas, Walk To Ocean
$525,000
Price list and updates for this property is currently available upon request. Call or email us today for updated pricing information, availability, and special discounts that only we may know of or current offers on this new property. We work direct with developers for you and know of other unlisted up and coming projects not yet announced that maybe worth waiting for. Contact us today!
Property Video
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Hilltop Mediterrean Style Villa With Oceanviews+Beach Access For Sale | Las Terrenas Dominican Republic
Description
This is a once in a lifetime chance to own your own private ocean view villa in the prestige ocean front community of Loma Bonita. Surrounded by multi-million dollar villas. This Mediterranean style villa is sure to turn heads.
Located 3-4 minute walk to the one of the most beautiful beaches in the world on Playa Las Ballenas. You can enjoy the beautiful local restaurants located at the foot of your hill whenever you Ike.
On a private mountain with only total 10 villas. A small street brings you to this special place. A villa in a prime location for sale in Las Terrenas.
There are so many opportunities here awaiting you, with some subtle changes you can experience instant appreciation along with a large jump in the value of this home.
Please watch the video attached to the listing for a full tour of this property where Kash dives right into this Mediterranean gem located here in paradise.
The property has a laundry and technical room. Besides that, a huge covered garden terrace below.
What really makes this property unique is:
- the garden is a piece of art (the owner is a landscape designer)
- tucked away between other villas, a piece of heaven
- open floor plan with large terraces and jacuzzi
- expansive open green views in front of you
- 3-4 minutes walk from Playa Las Ballenas beach
- distance to town with car 4-5 minutes
- beautiful ocean views
- comfortable layout
- massive master bedroom
- very good maintenance
- inside a safe and secure community
- more than enough space for a pool
Details of this Las Terrenas home for sale:
- 3 bedrooms and 2 bathrooms on the lower level
- kitchen, living, half bathroom, and terraces with jacuzzi on the ground floor
- 1.5 garage in front of the road
- AC in bedrooms
- electricity backup system with batteries
- fully furnished and ready to move in
- private water well and rainwater collection
Costs of this villa in Las Terrenas:
- average electricity around 1,100 USD a year
- maid 9 hrs per week at 1,850 USD a year
- insurance 1,433 USD per year
- Hoa fees 2,400 USD per year (security, road maintenance, garbage pickup, electricity for road lighting
- fiber optic internet 500 USD a year
- fiscal value home is around 165,000 USD, which results in yearly real estate taxes of around 160 USD
Costs of buying the villa:
- lawyer and notary fees 1% + 18% VAT over sales price = 7,670 USD
- 3% transfer tax over fiscal value = 4,950 USD
Rental numbers:
- 2021 gross rental income around 17,000 USD (combination of private use and renting out)
- 2021 net income 14,900 USD a year
What use for this property:
- without any doubt permanent living
- or a combination of temporary living and renting out
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