New Oceanfront Condo Hotel located in Samana Dominican Republic Real Estate Properties - Luxury Caribbean Villas and Beachfront Properties

Category: Apartments and Rooms · Location: Samana
Updated: December 14, 2018 - 21:20:13 · ID: A-093

New residential project located in the Bay of Samana, in the northwest of the Dominican Republic.
- It is a global project with different phases of development:
- The project has a total of 200,000 m2 and will have more than 400 homes, developed in different phases.
- The first phase, divided into two subphases, will be developed between 2017-2020 and will have:
- 7 buildings with 4 levels each and underground parking.

PHASE1 has 228 units.
- The project combines the Condo Hotel system and the Condominium regime.
-175 underground parking spaces.
-Technical installations and management building.

Exclusive common areas and amenities: 3 infinity pools, restaurant, lounge bar, pool bar, gym, spa, lobby and all the services that the client requires.
Beach club in the exclusive Cayo Vigía, a key located in front of the project and of which the company has a concession for its development.
Located in the Bay of Samana, included in the exclusive list of the most beautiful bays in the world. The project is integrated into the best nature of the Dominican Republic, the Bay of Samana is the place where humpback whale sightings are made.
PHASE 1: We already start the construction 4 weeks ago and we have estimated to deliver the first phase in the first period of 2020.
PRICES:
The price per square meter is established around 1,750-1,900 USD / m2.
The prices vary for each type of apartment if it's Studio, 1 Bedroom or 2 Bedrooms; prices increase 5% each level.
Privileges of having an apartment in the Dominican Republic

Return: Under the Condo Hotel scheme, you are guaranteed a return of 3% to 5% of your investment, with our professional management program.
The expected return is between 5% and 8%.
Buyer security:
All payments made by the buyer will be secured through an escrow account.
Title insurance: the payment of a sole coverage, protects and compensates the holder thereof.
HSB will take care of your investment's security and protection.
Residence: facilities for permanent residence for investor applications.
For Condominium homes we also offer the Rental Pool program that allows the owner to rent their home when they don’t use it.
All payments made by the buyer will be guaranteed by an Escrow account and these will be released only and exclusively for expenses related to the project.
Title insurance: through the payment of a single coverage, protects, defends and indemnifies the owner of the same, offered by Las Americas Title Services.
Tax benefits: Certification and benefits of law 158-01 (CONFOTUR) in the Dominican Republic, which exempts the Transfer Tax from the buyer of the property. It means a 3% saving on the value of the property.
Services and amenities
Nature, Health & Sport
Security: Closed complex with 24/7 security.
Services: Full management service (bill payment, maintenance, housekeeping).All the services of a hotel, in your own residence.
Amenities: access to an exclusive clubhouse that has:

Large lobby and reception.
Infinity pools.
Gym & Spa.
Restaurant.
Pool bar.
Recreational area.
Shopping area.
A real estate investment that you can enjoy, whilst yielding a profit,through our unique management program.
Apartment types
Condo-Hotel
JUNIOR SUITE de 51 m2, 1 bathroom.
MASTER SUITE de 80 m2, 1 bathroom.
Condominium
STUDIO 47 M2, 1 bathroom.
1 BEDROOM APARTMENTS 73m2, 1 bathroom
2 BEDROOM APARTMENTS 123 m2, 2 bathrooms and 1 toilet.
Apartment features

Marble and ceramic floors inside the apartments and on the balconies.
Interior ceilings and walls: smooth plastering and plaster panel ceilings.
Balconies with tempered glass and reinforced aluminum.
Modular kitchens with natural granite countertops or similar.
Tempered glass screens in bathrooms.
Bedrooms with integrated bathrooms.
Large balconies with sea views from the living rooms and bedrooms.
Top quality accessories and electrical and sanitary equipment made by recognised international brands.
Interior wooden doors.
Aluminum exterior carpentry with heat and noise insulating glass.
High-efficiency air conditioning systems in apartments and enclosed social areas.
Anti-seismic structure following international standards.
Underground parking.
Elevators with direct access from the parking lot to the properties.
Lobby and vehicle entry with security check.

City

Samana, Dominican Republic

Price:

$ 93,000

Beds:

1-3

Baths:

1-2

Floors:

1-4

Property Size:

50 sqm/540 sqft/0.01 acre

Lot Size:

sqm/0 sqft/0 acre

Status:

active





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