120 m² Apartment on the Beachfront at Bluefish, Cabarete — $280,000
A 120 m² apartment is for sale on the beachfront at the Bluefish complex in Cabarete, Puerto Plata Province, Dominican Republic. The unit is located on the 2nd floor of a 3-story building; year built — 2010. Two bedrooms, one bathroom. Distance to the sea — 60 meters. The windows offer sea and bay views. The apartment is fully furnished and equipped, including linens, towels, and a starter set of consumables. Price — $280,000.
Location
Cabarete is the world capital of kite surfing on the northern coast of the Dominican Republic, attracting a year-round flow of athletes and expats. The Bluefish complex is located in Perla Marina — a gated community between Sosúa and Cabarete, with direct beach access and a secured territory. Restaurants, shops, clubs, and bars are just a few minutes away. Puerto Plata International Airport (POP) is approximately a 20-minute drive.
About the Property
A 120 m² apartment (living area — 100 m²) on the 2nd floor. Two bedrooms, one bathroom. The unit is fully furnished and equipped: all linens, towels, and a starter set of consumables (soap, water, toilet paper) are provided. Year built — 2010. Views from the windows — sea, ocean, and bay.
In the Complex
Bluefish at Perla Marina is a gated complex with 24-hour security, a shared pool, parking, and direct beach access. A backup generator is installed on the grounds. The complex enjoys high rental demand thanks to its beachfront location and developed infrastructure.
Price and Costs
- Price — $280,000.
- Price per square meter — $2,333.
When purchasing real estate in the Dominican Republic, the buyer pays a transfer tax of 3% of the property value. For foreign buyers, the procedure is identical to that for locals. Under Law 30-26, starting in 2027 the real estate transaction tax rate is reduced from 2% to 1%, and starting in 2028 the tax is abolished.
Annual expenses: property tax (IPI) — 1% of the cadastral value exceeding the threshold of RD$10,695,494 (about $182,000) for 2026. For a property valued at $280,000, the tax will be approximately $980 per year. The HOA fee (maintenance) — for comparable units at Bluefish it is $200–255 per month.
Ownership and Transaction Format
Ownership type — freehold. Foreigners may own property without restrictions. The transaction is notarized with registration in the Land Registry. Online viewings and remote closing via power of attorney are possible. Support languages — Spanish, English.
If You're Considering It as an Investment
Cabarete is one of the most dynamic short-term rental markets in the Dominican Republic. As of 2026, the city has more than 1,000 active listings and about 80 management companies. Average annual revenue per unit is about $13,165, with an average nightly rate of $172 and occupancy of 33.5%. Two-bedroom apartments within walking distance of the beach show the best returns, since they suit both couples and small groups of athletes. However, the market is competitive, and yields have declined by roughly 10% over the year due to growing supply. Short-term rental tax: ITBIS 18%, income tax — 27% for non-residents.
Investments from $200,000 open the path to obtaining residency for the investor and family.
Best For
— Those looking for a beachfront apartment with direct beach access.
— Investors considering a purchase in Cabarete for short-term rental (demand from kite surfers and remote workers).
— Buyers planning to use the property to obtain residency (threshold $200,000).
May Not Be Suitable
— If you need property in a new building — the complex was built in 2010.
— If your budget does not account for the annual IPI tax (approximately $980) and the HOA fee ($200–255 per month).
— If you plan to live without rental management — the Cabarete market is highly competitive and requires professional management.
— If you need a quiet area without tourist traffic — Cabarete is an active resort town.
What to Know Before the Transaction
The Bluefish complex is a gated community with security and a backup generator, which is important for uninterrupted power supply. During high season, Cabarete is in high demand, and parking and roads may be congested. The short-term rental market in 2026 shows growing supply, which requires quality management to maintain occupancy. When purchasing, be sure to verify clear title and the availability of all permits.
How to View and Buy
Let us know when you plan to travel and what budget you have in mind. A Discount House manager will confirm the availability of the unit, send a full breakdown of transaction costs, and suggest alternatives in the same area. Viewing in person or by video. Response within 30 minutes.
