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Business Opportunity near the Center of Las Terrenas L34

Business Opportunity near the Center of Las Terrenas L34
Las Terrenas, Samaná, 3400, Dominican Republic
For Sale US$350,000 - Villa & Houses
TV100592 378 m2 3 Bedrooms 5 Bathrooms 2 Parking 160 m2

FEATURES INCLUDEDHigh quality finishes
• Private Swimming Pool and BBQ Area
• Connections to Phone, Fiber Optic Internet and Cable TV.
• Fresh Water Cistern
• Emergency Electricity Generator
• Laundry Room
• 3 Master Bedrooms with ensuites bath + two ½ bathrooms
• Aluminum Window Frames with Clear/Tinted Glass.
• 2 Parking Spaces per Townhouse
• 4,000 ft2 / 378 m2 Construction
• Include Fridge / Stove Top / Wall Oven / AC Units (4)

VIBE! Residences El Pueblo
The beauty of Las Terrenas is the central focus of this unique residential community in the heart of “El Pueblo”.
VIBE! has been created to include components of investment / lifestyle and a premium location within easy walking distance to restaurants, entertainment, banks and of course beaches.

AMENITIES
• Security 24 Hours
• Street Lights
• Paved Road
• Emergency Electricity Generator
• Porcelain Tile Floors
• Private Parking
• Underground Utility Services


RESERVATION $5,000
30% START OF CONSTRUCTION
20% FIRST FLOOR
20% SECOND FLOOR
15% THIRD FLOOR
15% DELIVERY

Starting with the foundation of a 3 level executive townhome, featuring 3 king size bedrooms Suites with full ensuite bathrooms, 2 additional 2 pc bathrooms in common areas of leisure and layout. Roof top pool and BBQ area, ground level yard of green space for more entertainment just outside the dining and kitchen areas. Elements of beach theme throughout the villa design with the flow of glass and large living spaces to capture your beach mindset and allow for easy living.

01 LEVEL – LEGEND
1 ENTRANCE
2 KITCHEN
3 DINING
4 LIVING ROOM
5 TERRACE – 6 ½ BATH
LAUNDRY ROOM

CONFOTUR BENEFITS FOR END BUYERS

On top of these considerable advantages for the developers, the projects benefiting from the law Confotur give the end buyers access to a series of tax exemptions. An individual buying properties and developments under Confotur will be exempt from:

  • The 3% Transfer Tax for transferring the title certificate to a buyer’s name at Internal Revenue (DGII). This elimination of 3% of the value of the property purchased from the DGII by way of transfer of the property title certificate to the new name definitely represents savings.
  • The Annual Property Tax represents 1% of the exceeding value of RD$ 7,438,197 or about US$148,000 of the property (Updated in June 2019). This means that a property worth US$200,000 will be taxed its surplus amount of US$52,000 at 1%, so US$520 annually. This tax is paid in two half-yearly installments, with the deadline for payment of the first installment on March 11 and the second on September 11 of each year.
  • The tax in case of the capital increase, sale (for example in case of resale of the property), contributions in kind.
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Agent Steve Hattie

(English, Français, Español) Born and raised in cold Canada, I’ve always had an adventurous spirit…
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