Description

IMPORTANT NOTICE: The World Bank reveals that the Dominican Republic is one of the two countries that will escape the strong regional economic recession caused by Covid-19, read more about this news at the following link (copy and paste it in your internet browser):

https://dominicantoday.com/dr/economy/2020/04/13/the-world-bank-reveals-that-only-the-dominican-republic-and-guyana-will-escape-a-strong-regional-recession/

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Dominican Republic, a destination ... A present with a future!

Condo-Hotel apartments for investment. Located in Cap Cana -Punta Cana - Dominican Republic, just minutes from the most famous golf courses and the most paradisiacal beaches in the Caribbean.

Apartment Features:

- Fine luxury finishes
- Smart Apartment, home automation system for remote control of lights, sound, windows, etc. (includes a tablet with the software to use it).
- Guest bathroom (only in some units)
- Pool view (only in some units)
- Terrace (only in first level units)
- Kitchen with breakfast area.
- Washing area.
- 1 or 2 parking spaces.

Macroeconomic variables and interesting socio-political conditions:

• Sustained growth of Gross Domestic Product (GDP) over 5.6% for
last 3 years.
• Foreign investment with a growth of 532% in the last 5 years.
• Legal framework that guarantees private property.
• Free convertibility of the currency.
• Capacity for repatriation of benefits.
• In the last five years, 29.3 million tourists entered the country by air and 5.1 million by cruise tourism.

Confotur Law:

This law consists of the annulment of the payment of the property tax (IPI) for 15 years, and the exemption from the payment of the 3% tax for transfer of title; which offers an excellent opportunity.

Availability and prices of the apartments:

- 1 bedroom apartments from $ 125,000 USD
- 2 bedroom apartments from $ 239,975 USD

Available From: February 2021

More info and contact:

Alfonso Báez
baezrealtor@gmail.com
+1(809)519-6722

Email

baezrealtor@gmail.com

Telephone

+18095196722

Accommodation Type
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