For Sale US$259,000 - Condominium
Overview
This project has a total of 42 apartments distributed among seven buildings. Each building has a service elevator providing access to all three Floors plus Terrace. Is a unique residential community nestled within the nature reserve of Parque Las Terrenas on the northern side of the Samaná Peninsula, Dominican Republic. Within our hillside oasis you can connect with your environment and be at home in paradise.
Each Aparthotel boasts breathtaking views and luxurious accommodations akin to the top resort destinations in the world. Situated only minutes away from the sandy beaches of Playa Carolina near the town of El Portillo. The project Signature Community Center is nestled above the buildings’ rooftops, and provides a restaurant, lounge areas, and infinity pool, which make for world-class amenities.
High Quality Finishings
• Inverter Split A/C, Individual Control Bedroom #1 / #2, Living / Dining Room & Kitchen.
• Tankless Electric Hot Water Unit.
• Modular Kitchen with 3/4” polished natural granite countertops.
• Contemporary designed “floating style” vanities cabinetry.
• High Quality Faucets.
• Exterior and Interior Doors in Oak.
• 9’ Ft. Floor-to-Ceiling Height in all Rooms.
• Panoramic Sliding Doors in Living Room and in Bedrooms #1 and #2.
• Contemporary Imported Porcelain Floor Tiles.
• Surveillance Cameras in Selected Entry Points and Parking Areas.
• Elevator Servicing all Floors.
• Key Fob Entry System.
• 1 Parking Space Per Apartment, Plus Available Visitor Parking.
Buildings / Features
• Natural Wooded Landscape view from all Condo-Units.
• Two Large Terraces (all Condo-Units).
• Generous Balcony /each Bedroom (all Condo-Units).
• Optional Jacuzzi in Rear Terrace.
• (4th Floor) ROOF-TOP TERRACE for all “CONDO-UNITS 3A & 3B” / with Pergola / Jacuzzi / Private Access Staircase / Private Access via Elevator (Only for Penthouse Owners).
• Elevator Servicing All Levels.
• Reserved parking spaces for each Unit and Visitor parking available.
• Back-up Generator System for Power Outages.
Condo-Units / Features
• 9′ Floor-to-Ceiling height in all rooms excluding structural elements, bulkhead and bathrooms drop ceilings.
• Bulkhead Ceiling as per design in Dining/Living Room.
• Paint color off-white (all walls and ceilings).
• Smooth finish ceiling.
• Oak solid core wood veneer main-entry 7’0” door complete with brushed chrome lever handles and hinges.
• Oak solid core wood interior 7’0” doors complete with brushed chrome lever handles and hinges (Bedrooms, Bathrooms & Walk-In Closets).
• Walk-In Closet Wardrobes/Shelves/Rails are NOT INCLUDED (Could be added for additional cost).
• Panoramic sliding doors in living-room, kitchen and bedrooms (commercial grade aluminum and glass).
• Operable sliding doors, as per plan.
• Contemporary imported Porcelain floor-tiles installed in a stacked pattern throughout kitchen, dining/living room, bedrooms and walk-in closets.
• Porcelain wall skirting-tiles.
• Wooden Flooring Tiles for Terraces and Balconies.
• Stainless-steel Railing in Terraces and Balconies.
• (4th Floor) Roof-Top Terrace for “CONDO-UNITS 3A & 3B”.
Kitchen (Modern Open Concept)
• Custom designed kitchen cabinetry Kitchen island as per Plan. • Kitchen pantry, as per plan.
• 3/4″ polished granite countertop in kitchen as per plans, selected from Builder’s standard samples.
• Full-height Backsplash to match kitchen Granite countertop selection selected from Builder’s standard samples.
• Under cabinet lighting.
• Double-bowl stainless steel drop-in sink.
• Low Flow chrome single-lever retractable kitchen faucet.
• Polished chrome hardware.
• Gas line for range.
• APPLIANCES ARE NOT INCLUDED (Could be added for additional cost: Range/Oven, Range-Hood, Refrigerator, Dishwasher, Microwave).
• Rough-in plumbing and complete electrical with breaker sealed junction box for automatic dishwasher. (Dishwasher NOT included).
• Electrical outlets on island, dedicated outlet for hood-fan, (2) heavy duty electrical outlet for
stove and refrigerator.
Bathrooms
• Contemporary designed “floating style” vanities cabinetry with Frameless Mirror / full vanity width.
• 3/4″ polished botticino marble vanity countertops with 4′′ matching backsplash.
• White ceramic vanity-sink selected from builder’s standard.
• Contemporary chrome finish low-flow single lever vanity sink faucets.
• Contemporary chrome finish temperature controlled and pressure balanced, shower faucet with High pressure showerheads.
• Contemporary water-efficient toilet with elongated bowl (white).
• All sink faucets and toilets are fitted with shut off valves.
• Modern chrome accessories (Towel-Bars, Paper- Holder).
• 3/8″ thick frameless Shower-Screen (tempered-glass).
• Dens-glass drop-ceiling w/smooth finishes and white painting (h: 7.75’).
• Recessed LED lighting for drop-ceiling.
• Shower walls cladding w/contemporary imported porcelain wall tiles, installed in stacked pattern up to lintel level.
• Bathroom flooring w/contemporary imported porcelain tile.
Mechanical / Electrical Systems
• Inverter Split A/C, Individual Control (Bedroom #1 / #2, Living/Dining Room & Kitchen).
• Individual electricity metering, domestic-water and gas.
• Pre-wired telephone outlet, cable-tv outlet and Ethernet (in living room and bedrooms)
• Switch controlled receptacle in bedrooms.
• Bedrooms are pre-wired for ceiling fan (Ceiling Fan NOT provided).
• Individual service panels with circuit breakers to each condo-unit.
• Leviton series receptacles and switches throughout (White Decora-style).
• Electric Water-Heater (One per condo-unit).
Laundry
• Laundry-Closet (Small Room w/doors).
• Heavy-duty wiring and receptacle for dryer/washer.
• Direct venting to the outside for dryer exhaust.
• DOES NOT INCLUDE: Stacked Dryer/Washer.
• Flexible Hoses (Could be added for additional cost).
Common Area / Features Highlights
• Located in the top of a mountain inside the property Ocean and Mountain Views Natural Wooded -Landscape Views with approximately 15,000M2 Green Area.
• Infinity Pool /Ocean Views and Large Outdoor Deck
• Large Terraces
• Bungalow – Terraces
• Bar and Restaurant in Terrace area
• Parking spaces
Safety & Security
• 24/7 concierge and security services (monitoring community access).
• Access control system located in main entry points, to permit guests to communicate with residents from entrance.
• Surveillance cameras in selected locations in entry area points and parking lots may be monitored by the Concierge.
• Smoke and carbon monoxide detector.
• Wet Standpipe System w/Hoses (Located on stairs areas / each floor level).
• Key Fob entry system.
Quick facts
• Location: Parque Las Terrenas, Las Terrenas, Dominican Republic
• Latitude: 19.315095 Longitude: 694866727
• Category: Residential Touristic
• Number of Units: 42
• Size Range: 150 – 287 square meters 1st & 2nd floors 2 Bedrooms 2 ½ Bathrooms 3rd Floor Penthouse 2 Bedroom 2½ Bathrooms Penthouse Terrance 1 Full Bathroom.
• Project Status: Pre-Sale/Pre-Construction
• Closest Beach: Playa Carolina Beach is 1,000 meters or approximately five minutes away.
• Estimated Delivery: Q1-Q3, 2023
Project Location
Parque Las Terrenas, Blvd. Turístico del Atlántico, 32000 Samaná, Dominican Republic Latitude: 19.315095 Longitude: 694866727
Construction
7 buildings with each building consisting of 6 units with an elevator in each building.
• There are 2 First Floor 2-Bedroom Units (total area for each unit: 158m2 / 1,700 ft2).
• There are 2 Second Floor 2-Bedroom Units (total area for each unit: 158m2 / 1,700ft2).
• There are 2 Third Floor 2-Bedroom Penthouse Units with 2 connecting Fourth Floor
Terraces
Access is only available through the 3rd Floor via a staircase and the building’s elevator. (total) combined area of 3rd Floor and 4th Floor Terrace: 283m2 / 3,042 ft2).
• 2 1⁄2 bathrooms and 9’ ft ceilings in all units.
Agreement and delivery
• First Phase of Stamped Permits were issued December 30th, 2021.
• On February 7, 2022, we received our Water and Sewage permits.
• On February 28, 2022, we received our Tourism permit and expected to receive our environmental permit soon. At the time of receiving our environmental permit, we will increase unit price by $20,000. We will then increase the last 9 available units another $20,000.
• Groundbreaking Scheduled for Mid-March 2022, was a success.
Beach
Playa Carolina Beach in Portillo is 1,000 meters or approximately 5 minutes away.
Tax Status Comments
Tax Exempt Filing. Immediately upon receiving our stamped permits we will be filing for the Certification and Benefits of the law 158 01 in Dominican Republic, which grants Property Tax and Transfer Tax exemptions to the acquirers of touristic properties for a period of 15 years. After the exemption period is over, the property will be subject to the Annual Property Tax (1% of property value). Also, if you decide to sell the property, the buyer will need to pay Transfer Tax (3% of purchase price).
