This spacious 3BR condo in Cabeza de Toro, Dominican Republic, offers a practical and appealing layout with 3.5 bathrooms, ensuring ample space for residents or guests. The condo features secure access, providing peace of mind, and includes dedicated parking, making it convenient for owners and visitors alike. The property is designed to cater to both full-time residents and those seeking a vacation getaway, with its functional design and essential amenities. Situated in the vibrant region of Punta Cana, this condo is just 5km from the nearest beach, offering easy access to the Dominican Republic's stunning coastline. The Punta Cana International Airport is a short 15km away, facilitating convenient travel for both residents and visitors. The area is renowned for its strong tourism appeal, attracting over 7 million visitors annually, which drives a robust rental market. Additionally, the region benefits from growing infrastructure, including new highways, hospitals, and international schools, enhancing the overall quality of life. Investors will appreciate the financial advantages of this property, which is CONFOTUR certified, resulting in 0% property tax for 15 years. The estimated annual rental yield of 8% underscores the strength of the Caribbean real estate market, particularly in Punta Cana. The median property prices in the area range from $165,000 to $385,000, depending on the sub-zone, making it an attractive option for both local and international buyers. The dollar-denominated real estate transactions further mitigate currency risk for US and Canadian investors, adding to the property's appeal.
This spacious 3BR condo in Cabeza de Toro, Dominican Republic, offers a practical and appealing layout with 3.5 bathrooms, ensuring ample space for residents or guests. The condo features secure access, providing peace of mind, and includes dedicated parking, making it convenient for owners and visitors alike. The property is designed to cater to both full-time residents and those seeking a vacation getaway, with its functional design and essential amenities. Situated in the vibrant region of Punta Cana, this condo is just 5km from the nearest beach, offering easy access to the Dominican Republic's stunning coastline. The Punta Cana International Airport is a short 15km away, facilitating convenient travel for both residents and visitors. The area is renowned for its strong tourism appeal, attracting over 7 million visitors annually, which drives a robust rental market. Additionally, the region benefits from growing infrastructure, including new highways, hospitals, and international schools, enhancing the overall quality of life. Investors will appreciate the financial advantages of this property, which is CONFOTUR certified, resulting in 0% property tax for 15 years. The estimated annual rental yield of 8% underscores the strength of the Caribbean real estate market, particularly in Punta Cana. The median property prices in the area range from $165,000 to $385,000, depending on the sub-zone, making it an attractive option for both local and international buyers. The dollar-denominated real estate transactions further mitigate currency risk for US and Canadian investors, adding to the property's appeal.