Vacation Condo and/or Rental Income Property in the Dominican

Posted over a month ago
5C4 Calle Alejo Martinez, Sosua, Puerto Plata M8Y0A9 ON, Canada(View Map)
  • Bedrooms (#)
    2 bedrooms
  • Bathrooms (#)
    2.5 bathrooms
  • Size (sqft)

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Spacious Luxury Oceanfront condo on the North Coast of the Dominican Republic - family friendly. This 1700 sq ft condo is on the 3rd floor (top floor) with a spectacular ocean view, fully furnished and ready to use, or rent out. Amenities include 24x7 security, office, infinity pool, jacuzzi pool, fabulous gardens, beach, patio. This property is walking distance to everything - banks, restaurants, grocery stores, public beaches, but yet still quiet and relaxing. Sosua / Puerto Plata is a beautiful area, ideal for those that love water sports. Swimming, surfing, snorkeling, deep sea fishing, whale watching, yachts and catamarans operate in the area, jet ski, plus hiking, equestrian centres, zip lining, Typical monthly rental income ranges from $2200 USD - $4000 USD depending on how you promote the unit. Experienced management on site can take care of the property when you're not there and assist with finding short and long term tenants as well. Very popular property, very well known by tourists. Only 10 minute drive from international airport. This unit comes with existing financing, 3% for 5 years, directly with the builder - no mortgage application necessary! Excellent investment opportunity to make real cash flow from your investment from day 1. Puerto Plata can be reached directly from Toronto and a few other cities in Canada. From Toronto it's less than a 4 hour flight. If interested, we can provide a full orientation on what to expect when buying in the DR, answer questions about maintenance fees, taxes and local property laws. All prices in USD.

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