Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024

Name: Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024
SKU: 80024
Price: 749000 USD

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 1

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 2

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 3

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 4

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 5

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 6

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 7

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 8

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 9

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 10

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 11

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 12

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 13

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 14

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 15

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 16

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 17

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 18

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 19

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 20

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 21

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024 photo 22

Photo

Get a loan for renovation from 3.5%

Real estate with discounts up to -35%

Category:

Penthouse

Region:

Puerto Plata region

City:

Cabarete

Location:

suburb

Rooms count:

3

Floor:

3

Storeys:

3

Total area:

507 м²

Living area:

450 м²

Build year:

2022

Bedrooms count:

2

Bathrooms count:

3

Window view:

panoramic view

From sea:

1 000 м

Balkony

Terrace

Airconditioner

Communal pool

Furniture

Kitchen furniture

Parking place

Internet

Protected area

Barbeque

Penthouse in Encuentro, Cabarete – spacious apartment with ocean view

Object Parameters
Area: 507 m2
Bedrooms: 2
Bathrooms: 2.5
Complex: Gated community with swimming pool, bar, security
Engineering systems: Backup generator, well for autonomous water supply
HOA: $290 per month
Cost: $749,000
Description and features
A modern penthouse with panoramic views is an ideal option for a comfortable stay or investment. The interior design combines elegance and functionality, the spacious rooms are filled with light, and the terrace offers views of tropical nature.

The complex offers a full range of amenities: a large swimming pool with a relaxation area, an indoor bar, 24-hour security, autonomous electricity and water supply 24/7.

Advantages of the purchase
High liquidity – real estate in Encuentro is in demand among investors and expats
Rental prospects – the average cost of renting such facilities is $3,500–$5,000 per month
Ready to move in – the penthouse is fully equipped, does not require additional investments
Market prospects
Over the past 5 years, real estate in the region has risen in price by 30-40%, due to the growing tourist flow and infrastructure development. The average annual price increase is 6-9%, which makes the purchase a profitable investment.

Registration of a residence permit
Buying a property worth over $200,000 gives you the right to apply for a residence permit, which opens up opportunities for long-term residence and tax benefits.

Mortgage calculator

Object cost: 749 000 $

First payment: %

Loan term: years

Interest rate: %

Credit amount

75 000

Common payments

75 000

Increase in price

75 000

Monthly payment

75 000

Leave a mortgage application

749 000 $

Ref: 80024

1/212

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Cities Properties in Puerto Plata(51) Properties in Sosua(291)

Regions Properties in La Altagracia(60) Properties in La Vega(6) Properties in Maria Trinidad Sanchez(37) Properties in region Samana(38) Properties in the Santo Domingo Region(13)

Statistics of apartments sales in Dominican Republic

Offers

628

Price range (€)

33K - 32.55M

Median price (€)

216K

Area range (m2)

2 - 5 000

Median area (m2)

100

Price per sq.m range per sq.m (€)

242 - 130K

Median price per sq.m (€)

2 190

Statistics by Region

Puerto Plata region

Offers

521

Price range

33K - 32.55M

Median price

222K2,80%

Area range

21 - 5 000

Median area

101

Price per sq.m range per sq.m

242 - 6 045

Median price per sq.m

2 193

La AltagraciaLa Altagracia

Offers

72

Price range

75K - 1.78M

Median price

204K-5,81%

Area range

40 - 350

Median area

88

Price per sq.m range per sq.m

1 056 - 6 344

Median price per sq.m

2 506

region Samana

Offers

27

Price range

70K - 1.674M

Median price

231K6,88%

Area range

2 - 700

Median area

105

Price per sq.m range per sq.m

558 - 130K

Median price per sq.m

1 983

La Vega

Offers

2

Price range

107K - 158K

Median price

133K-38,71%

Area range

125 - 145

Median area

135

Price per sq.m range per sq.m

856 - 1 091

Median price per sq.m

974

Santo Domingo Region

Offers

6

Price range

56K - 161K

Median price

74K-65,59%

Area range

65 - 90

Median area

72

Price per sq.m range per sq.m

620 - 2 476

Median price per sq.m

1 063

Penthouse in Cabarete, Dominican Republic, 507m2 - for 749 000$ - Ref: 80024

Get a loan for renovation from 3.5%

Mortgage calculator

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Statistics of apartments sales in Dominican Republic

Statistics by Region

Distribution by prices