This 3-bedroom oceanview villa on a huge lot in Playa Encuentro is perched on a hill in a vibrant surftown, offering breathtaking, unobstructed ocean views that cannot be compromised by future construction.
This versatile home splits into a 1-bedroom, 1-bathroom PLUS a 2-bedroom, 2-bathroom, each with its own living room and kitchen, access to the pool, and oceanview from all 3 bedrooms. Truly the perfect family home with rental opportunities.
Playa Encuentro is a surf town on its way to becoming a surf city, so the large 1243 square meter (13,380 square feet) lot is a valuable piece of real estate in a growing community. The lower part of the lot close to the road would be a great place to add a detached rental unit.
The Outdoor living of this home is really special. The large covered terrace to the front overlook the ocean and also offers potential to be enclosed for more indoor living space. At the backyard, surrounded by large mature fruits trees offering privacy, you have a nice big and deep pool that was recently redone, a BBQ, covered terrace, and lots of green space—ideal for entertaining or simply unwinding in your own slice of paradise.
Equipped with backup inverter batteries that power the water pump so you are never without water or electricity, this property ensures comfort and peace of mind in the coolest neighborhood on the North Coast of the DR.
At-A-Glance
- Unobstructed Ocean View: Perched on a hill, lots in front are already developed, ensuring your ocean view remains pristine and uninterrupted.
- Flexible Living Space: 3-bedroom villa that can be divided into a 1-bedroom, 1-bathroom unit and a 2-bedroom, 2-bathroom unit, each with own entrance, living room and kitchen, all rooms have ocean view.
- Wrap-Around Terrace: Expansive terrace offering tropical views and outdoor living space.
- Dependable Water Source: Constant water supply for reliable and sustainable living.
- Backup Inverter Batteries: Ensures continuous power, even during outages.
- Private Yard: Spacious yard with lush greenery and tropical landscaping, mature trees.
- Outdoor BBQ Area: Perfect for entertaining and outdoor dining.
- Swimming Pool: Relax and cool off in your private pool.
- Tropical Fruit Trees: Enjoy fresh, homegrown tropical fruits right from your garden.
- Large Plot: 1,243 square meters of land, providing ample space for outdoor activities and potential expansions.
Estimating Rental Income and Appreciation:
This villa, with its guaranteed unobstructed ocean view and larger lot, could command a premium both in rental and resale value. Properties in Playa Encuentro have an average yearly appreciation of 10%.
Rental Rate Premium: Given the superior view and lot size, your villa could potentially command a 10-20% higher rental rate compared to a similar-sized villa with no ocean view. Comparable villas in this community without ocean view rent for an average of $250 USD/ night.
For an in-depth rental analysis of this property contact [email protected]
