5-BR exceptional penthouse with Confotur Law

Cosón, Colina al Mar Hill, Las Terrenas

Features

• Oceanview
• Mountain view
• Near beach
• Gated community
• Secured community
• Furnished
• Tax-exempt
• Common pool
• Designated Parking
• AC
• Night Watchman
• Day Watchman
• Garbage Collection
• Electricity
• Maintenance
• Water
• Pool

Description

Welcome to this outstanding 5 bedrooms penthouse located in a luxury development, 8 minutes driving from Coson beach and 13 minutes to the center of town.

This 2-levels penthouse is located on the second floor of the building. On the first level, upon entering there is a modern kitchen with granite countertops, Oak cabinets, which are fully equipped with stainless steel appliances; a large open living space, a wide covered terrace overlooking the mountain and ocean, and 2 bedrooms nice with ensuite bathrooms and closets.
On the second level, there are 3 other bedrooms with private bathrooms and closets. The corridor of the rooms leads to a large terrace with stunning views of the ocean and mountains.

All the spaces have AC units and ceiling fans. This property is sold all furnished.
This marvelous penthouse is under a company name, which gives the benefit of buying it under the Confotur Law (tax-exception).
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Location

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Cosón

This westernmost area of Las Terrenas runs along the long and scenic playa Cosón. It is a true haven of peace found just 10 minutes away from town.

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Colina Al Mar Hill

This community is an exclusive eco-chic residence that combines the luxury of a city apartment, a lush mountainous landscape, and the crystalline waters of the Cosón Bay. It's only 20 minutes drive from the center of town and only 5 minutes drive from Playa Bonita if you want to enjoy all the restaurants, bars, and water activities. This condominium offers 36 spacious condos spread in 9 buildings. Located on a hill overviewing the lush mountains of Samana and playa Cosón, you can find calm and peace in the area.

Financials

Utilities: $240

Maintenance: $100

HOA Fees: $600

Monthly Rev. (50% occupancy): $5,895

Mngt Costs: $1,034

Monthly Profits: $3,921

Legal Fees: $4,500

Transfer Fees: $13,500

Yearly Taxes: $3,100

This listing

Price / SQM: $1,110

ROI: $10

Similar listings

Market Price / SQM: $1,110

Market ROI: $10

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.