Apartments and villas project in Punta Cana
EUR 116,719
- 1147 sq m
Property for
Sale
Country
Dominican Republic
State/Region/Province
Provincia de La Altagracia
City
Punta Cana
Posted
Jul 20, 2024
Description
It is a tourist residential complex strategically located between Avenidas Estados Unidos and España Avenues, with parallel access to the Bulevar Turístico del Este. It is close to the main hotel complexes Majestic and Iberostar and will have 379 units. It includes 1 and 2-bedroom apartments, duplexes and 2 and 3-bedroom villas. The first stage will be delivered in December 2026.
This project is supported by Confotur. What benefits does Confotur offer?
On October 9, 2001, history changed for foreign investors in the Dominican Republic when the Tourism Development Council approved Law No. 158-01 to accelerate tourism development. By acquiring a property under this law, you will obtain great tax savings with the 3% exoneration of title transfer and the 1% exoneration of real estate patrimony tax (IPI). For example, for a $100,000 property, you would save $3,000 in title transfer and $1,000 a year for 15 years, for a total savings of $18,000.
This project is supported by Confotur. What benefits does Confotur offer?
On October 9, 2001, history changed for foreign investors in the Dominican Republic when the Tourism Development Council approved Law No. 158-01 to accelerate tourism development. By acquiring a property under this law, you will obtain great tax savings with the 3% exoneration of title transfer and the 1% exoneration of real estate patrimony tax (IPI). For example, for a $100,000 property, you would save $3,000 in title transfer and $1,000 a year for 15 years, for a total savings of $18,000.
New
Yes
Built
2026
Bedrooms
1
Bathrooms
1
Finished sq. ft.
47 sq m
Parking
Yes
Outdoor Amenities
Pool
Website URL
IMLIX ID
1516
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