Fresh hilltop condos in center town

Center Town, Loma Ana Residences, Las Terrenas

Features

• Oceanview
• Mountain view
• Near beach
• Near town
• Gated community
• Secured community
• Tax-exempt
• Common pool
• Gym
• Elevator
• Pet-friendly
• Night Watchman
• Day Watchman
• Garbage Collection
• Maintenance
• Water
• Pool
• Planta / Generator
• Security Cameras

Description

Welcome to this new real estate project featuring 8 condos with 1 or 2 bedrooms in the heart of Las Terrenas, in a prime location in a quiet zone, just a 10-minute walk from the beach of Las Terrenas. Close to restaurants, banks, and pharmacies, this gated condominium offers panoramic views of the ocean, mountains, and the town itself.

Our Apart-Hotel features 8 functional units, each offering spacious balconies with stunning views, a large pool with a gazebo, a well-equipped gym, a multi-purpose room, a secure lobby with access control and electronic surveillance, 24/7 security, an electric generator, an elevator, and ample parking facilities.

This project has applied for CONFOTUR Certification, providing first owners with a 15-year exemption from all property taxes, and exemption of 3 transfer tax.

Construction is scheduled to begin in September of 2024. Amenities include an access lobby, elevator, common gas service, backup power plant, large pool, indoor gym, BBQ area, and one parking space per apartment. Electronic surveillance ensures peace of mind.

Interior finishes include porcelain floors, aluminum and glass windows, hardwood doors throughout (OAK), and kitchens equipped with hardwood cabinets and granite countertops.

Payment terms are structured as follows:

Reservation: USD 5,000
Promise of Sale Signature: 20%
During Construction: 60%
Delivery: 20%

Act quickly before this project sells out! Contact our agency to receive the price list and check availability.
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Location

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Center Town

If you don’t mind a little noise and animation, the center of Las Terrenas is perfect for you. Close to everything so you can get your breakfast, shop or go out.

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Loma Ana Residences

Financials

HOA Fees: US$150

Monthly Rev. (50% occupancy): US$1,125

Mngt Costs: US$319

Monthly Profits: US$656

Legal Fees: US$1,549

This listing

Price / SQM: US$2,094

ROI: US$5

Similar listings

Market Price / SQM: US$2,099

Market ROI: US$6

Listing Agent

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.