222 condominiums and residences are thoughtfully designed in the heart of the surf capital of the Dominican Republic: Playa Encuentro. Only 12 units available, reserve yours today with only $5000 USD down.
Playa Encuentro is a sought after community to live in and vacation from due to the surf lifestyle of the community's amenities like restaurants, nightlife, fitness centers, shops, and activities all within the community. Surfing and more in PLaya Encuentro
Green pastures with cows and horses grazing, an almond forest on the beach and coconut trees at every turn. Playa Encuentro is lush with green landscapes, ocean views, winding roads, and people from all walks of life.
222 condominiums and residences are now offering financing for a period of up to 10 years with only 7% interest and a 50% down payment.
Choose the unit you want by signing the reservation agreement with your real estate agent. Deposit $5000 USD to the escrow account of the attorneys within 3-5 business days to mark the unit as officially RESERVED.
The attorneys begin due diligence to make sure your funds are legal, once approved your Promise of Sales Contract will be signed by you and the developer.
Deposit into escrow the amount required to be up-to-date with the payments schedule. You also have the option to pay in full and your lawyer will release funds to the developer according to the progress of construction.
Electric Water Heater, A/C in the living room, closed laundry closet. Large living area with sliding glass doors that lead to a private terrace overlooking the pool. Ground floor units (4) terrace walks out to the pool area.
Built-In closets and drawers, A/C unit, private balcony, en suite
bathroom with cabinets and shower glass installed.
Built-In closets and drawers, A/C unit, south facing windows.
Electric Water Heater, A/C in the living room, closed laundry closet. Large living area with sliding glass doors that lead to a private terrace overlooking the pool. Ground floor units (4) terrace walks out to the pool area.
Built-In closets and drawers, A/C unit, private balcony, en suite bathroom with cabinets and shower glass installed.
The Penthouse condos of 222 offer 2 floors of living space. The 4th floor has access from the stairs or elevator, owners can potentially close off the interior access and rent the floors separately. There is a rooftop jacuzzi and outdoor sink, cooking area, living area.
Electric Water Heater, A/C in the living room, closed laundry closet. Large living area with sliding glass doors that lead to a private terrace overlooking the pool. Ground floor units (4) terrace walks out to the pool area.
Built-In closets and drawers, A/C unit, private balcony, en suite
bathroom with cabinets and shower glass installed.
Built-In closets and drawers, A/C unit, south facing windows.
There are 6 stages of construction, at completion of each stage a payment will be collected from the lawyer's escrow account and released to the developer. These are the 6 stages of construction and payments:
Breaking of the ground, set the foundation, payment due at end of September 2024
Foundation completed, grey construction built up to the 2nd level, second payment due at end of October 2023
Grey Construction completed of the whole structure, third payment due end of December 2023
Installation of Window and guard rails, fourth payment due end of February 2024
Installation of Kitchen Cabinets, Closets, Tiles, and all other finishings, fifth payment due end of April 2024
Finished by end of June 2024, last payment collected end of June 2024, Occupancy July 2024
Below Image is an example of Investor Summary, actual figures may vary.
Take the guesswork out of this investment. 222 condominiums and residences offer a great ROI. RealtorDR has studied the rental market in Playa Encuentro and crunched the numbers for you. You can request Investor Summary for 222 by clicking the button below.
Or you can learn more here.
Yes! Once you become owner of your unit you have full authority to make cosmetic or functional changes to your property. Of course any extra costs will be fully assumed by you, the buyer, but our team here at RealtorDR can help you make the change
Playa Encuentro is located perfectly in between the Cabarete town center and the Sosua city center. Each center with supermarkets, restaurants, offices, and activities and only 8 minutes to get to 222 condominiums and residences. While Sosua has been a growing city since the 1940’s, Cabarete is a small town that has grown in popularity relatively recently because of consistent surf and wind conditions for watersports. The ministry of tourism officially named Cabarete the Capital of Surf and Wind!
In addition to the local Dominican community in the Cabarete/Sosua area you may meet retirees from all over the world who spend their days walking the beaches and living the slow life, young and single digital nomads that live in the area for months at a time, or even young families who enjoy the many options for international education in a wonderful environment to raise a family in. The Sosua/Cabarete area attracts both the wellness and nature lover looking to “escape the matrix” and the party-seeking vacationer wanting an all inclusive experience with nightlife and dancing.
The Encuentro neighborhood is booming as people love being surrounded by nature in a relaxed oceanside community. Just next to 222 is a new hotel called La Curadina that will have a restaurant open to the public, and next to that is ViuSoul, a new condo development that will have a mini market/convenience store so you can grab products just a stone’s throw away. Of course there is also Plaza Encuentro with its restaurants, shops, bakery, and gym. And last but not least El Parq (formerly known as Encuentro Food Truck Park) which has 10 different restaurants and events open 6 evenings a week. All the above plus the Atlantic ocean are all within 8 minutes walking from 222.
If you are making a rental investment we highly recommend getting in touch with one of our sales agents to request a rental investors summary of this project to help you really understand the rental market here in the Cabarete, Playa Encuentro area. To answer this frequently asked question I would say that both rental options have their benefits. Long term renters(LTR) offer peace of mind, consistent income, they take better care of your property, and are very low maintenance. Short Term renters (STR) offer high income during the high season months, and the option to use your own property as a vacation home as much as you want. 222 is in a sought after community so it is the perfect rental property for buyers looking for STR and also LTR income.
Super Pola Plaza Sosua, Antonio Javier, Sosúa 57000, Dominican Republic
Antonio Javier, Sosúa 57000, Dominican Republic
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