Condominium For Sale In Las terrenas, Dominican Republic

Property Description

OUTSTANDING LOCATION at the sought after Punta Popy beach within A'mare Residences. This gated 44 apartment complex is located across the road from the ocean, with no other development ever to take place closer to the water. The stunning turquoise shoreline at Punta Popy offers two distinct ocean vibes. To the left (west) of the point (100m away), the ocean is calm and sun bathers bask in the warm waters and gather for stunning sunsets, with lounge chair rentals and quality beachside restaurants for a full kilometer towards the center of town. Walk barefoot along the shoreline to the center of Las Terrenas in less than 15 mins. To the right of Punta Popy (east) is a wide shoreline with miles of surf to stroll and a grassy park where people partake in fitness, kids congregate after school to play baseball and kite surfers appear on a breezy day to entertain the onlookers. 

The A'mare complex was completed in 2022, with lush tropical gardens and landscaping, fully modern infrastructure in terms of plumbing, septic, cistern and electrical generator and fully walled, with a gated entrance and 24 hour security. The complex has two large swimming pools, children’s pools, a children's play area, small gym, a large restaurant and a well respected spa.

The condo itself is very unique, with an ocean facing, private terrace that extends the whole width of the condo and adds one third more living space than the typical 2 bedroom condos in the complex. The condo is a spacious 180m2 located on the second floor with ocean views and yet set back far enough within the complex to offer amazing serenity. When shopping for your dream location in the Caribbean, don't overlook the critical importance of the position of your outdoor living space in relation to sun/shade and ocean breezes. This terrace has the benefit of a constant ocean breeze and being shaded 2/3 of the day, keeping the condo cooler and protecting outdoor furniture from the extreme wear and tear of the hot sun. The other item to note is that we upgraded the terrace tile to a 'stay-cool' off white tile vs the dark brown tile offered by the builder which gets too hot for bare feet. Taking advantage of the easterly ocean breezes, we also added custom window screens for the patio doors and bedrooms, allowing indoor/outdoor living day and night. Again, take note of this as an important feature. Oddly enough, screens are never offered by builders in the Dominican, even though mosquitos are a reality. Being able to keep air moving through a condo is critical to reducing air conditioning costs and keeping humidity down.

The condo is being sold fully furnished. The two bedrooms are both large and have spacious ensuite bathrooms, with double sinks and walk in showers. There is a 3rd, 3 piece bathroom off the terrace. The primary bedroom contains a handcrafted wood-framed king bed (193cm), with a large walk in closet with built in lock-off storage area. There is also an additional 6 drawer dresser. The second bedroom is equal in size and contains two handcrafted wood-framed double sized beds (135cms), as well as a dresser/desk combo for a dedicated remote work space. Both bedrooms are wired for  wall mounted TV and wiring exists for added bedside lighting if you choose to change the furniture layout and add TVs.

The modern, open kitchen is equipped with quality European cabinetry, stone countertops and appliances, with gas stovetop and full size electric oven and fridge and an extendable eat in table for 6. We added a full sized washer and gas dryer in a laundry room off the second bedroom for added convenience and easy turn over if choosing to rent. The light colored, easy clean, quality stone flooring and light colored wood doors add to the airy, modern look of the unit.

The final benefit to be aware of with this property is that the ownership is held within a Dominican corporation and offers the buyer the Confotour tax-free status for more than 10 remaining years. That means you have no 3% purchase tax, no 1% annual property tax, no rental income tax and no capital gains tax. The sale would involve a simple transfer of the corporate holding. Be sure to discuss the full benefits of this with your lawyer or accountant as this represents a very valuable advantage over other resale properties. Don't take the risks associated with buying new construction and get caught with a project that continuously delays, never gets completed, or gets delivered at sub par quality. There is a huge value in buying a move-in ready property, with an established condo board.

The condo is only offered for sale at this time by owner, who is relocating to Europe. No agent fees built into price. Buyer only assumes standard legal fees.

Property Features

24 Hour Security

3 Air Conditioning units

Bar/restaurant onsite

New Smart TV

Ceiling Fans

Children's pool

Covered Terrace

Dining area

Full size Washer/Dryer

European Kitchen cabinetry and appliances

Fridge/Freezer

Fully equipped

Fully Furnished

Lush Gardens

Internet

Jacuzzi and 2 pools

Small gym onsite

Full service spa onsite

Outdoor Dining area

Outdoor Lighting and security cameras

Dedicated Parking spot

Reception

Second Floor

Single Storey floorplan

Terrace