Discover luxury and strategic investments in the Dominican Republic with our spotlight on four exceptional pre-construction projects:
- 222 Condominiums – Playa Encuentro
- Serenity Sosua – Sosúa
- Laguna City – Sosua Ocean Village
- Riviera Bay – Hard Rock Punta Cana
Each of these developments promises an exclusive blend of elegance, modern amenities, and breathtaking natural beauty. Nestled in the heart of the Caribbean’s most sought-after locations, they offer a unique opportunity to embrace a lavish lifestyle or make a savvy investment choice. From the surf-friendly shores of Playa Encuentro to the cosmopolitan energy of Punta Cana, these projects stand as testaments to the allure of Dominican luxury living.
222 Condominiums Residences
Playa Encuentro is a picturesque stretch of coastline nestled on the northern shores of the Dominican Republic, a nice surftown in the city of Cabarete. Renowned for its vibrant and dynamic atmosphere, this beach is a haven for surf enthusiasts from around the world. The golden sands of Encuentro provide the perfect backdrop for both seasoned surfers and beginners looking to catch the waves. The beach is characterized by a consistent swell, making it an ideal spot for surf schools and individual surfers seeking thrilling rides. The neighborhood is characterized by its lush greenery, winding roads, resident cows, horses, and donkeys and beautiful pastures along the beach. The laid-back vibe of Encuentro is enhanced by the presence of colorful beachfront bars and cafes as well as neighborhood businesses like gyms and fitness studios, shops, and restaurants where locals and visitors gather to share tales of their surfing adventures.
Our video of the Playa Encuentro captures some of this atmosphere.
With its warm waters, stunning sunsets, and a lively surf culture, Playa Encuentro captures the essence of the Dominican Republic’s coastal beauty and is a must-visit destination for those seeking a perfect blend of relaxation and exhilarating wave-riding experiences.
Price Points
2 Bedrooms Starting at $290K to 3 Bedrooms starting at $467K
Timeline
The project has secured full funding, ensuring its financial stability and the ability to execute its plans without constraints. Anticipated to conclude in June 2024
Key Features:
- 300M to the beach.
- High-end finishes and fixtures.
- Expansive balconies for outdoor living.
- Fitness center and shared working space.
- Storage lockers and allocated parking.
- 24/7 security and back-up power and water.
Serenity Sosua
This boutique project is situated in the tranquil and picturesque city of Sosúa, known for its vibrant lifestyle and beautiful beaches like Playa Sosúa, Alicia, and Chiquita. There are only 8 exclusive units, including six high-end two-bedroom apartments and two penthouses with rooftop terraces. The developer puts emphasis on quality and sophistication with elegant finishes, natural light optimization, and spacious designs with 10-foot high ceilings, as well as modern kitchens equipped with high-quality appliances, balconies, and well-lit bedrooms with built-in closets. Community amenities include a communal pool terrace with a waterfall feature, outdoor shower, bathroom, and full air-conditioning. Enhanced safety with an electronically gated complex and 24-hour CCTV surveillance, ideal for both residents and overseas investors.
Project Walkthrough:
Location Walkthrough:
Pricing
2BED Condos start at $199,900 and the 2BED Penthouse with a Rooftop terrace is just $249,500.
Timeline
The licenses are ready and construction is set to begin in December 2023 and be completed for the high season of 2024.
Key Features:
- 15 Minutes from the POP Airport
- Only 8 Units in Total
- Elevator and 24/7 Surveillance
- Communal Swimming Pool
- Solar Panel Covered Parking Spots
- High End Finishes – Large Format Windows, Porcelain Tiles, Wood Fittings
- Proximity to Beaches, Bars, Restaurants, Casino, and more
Laguna City
Laguna City is an ambitious pre-construction project that aims to redefine the concept of urban living in the Dominican Republic. Nestled around a picturesque lagoon, this development promises residents a harmonious blend of natural beauty and contemporary design. The project includes a mix of residential, commercial, and recreational spaces, creating a self-sustained community.
Our video of the Sosua Ocean Village captures the amenities offered by this community.
Sosua Ocean Village is a well kept and all-inclusive community that focuses on rentals and hospitality. Unlike other communities, SOV has a marketing department and a rental program that runs like a well-oiled machine so that owners can enjoy the comforts of suburban living while having the option to rent their property for an income.
Price Points
Studios starting at $109,000, 1BED Condos starting at $150,000 and Land Lots for Private Villas at $65,453.
Timeline
The project has secured full funding, ensuring its financial stability and the ability to execute its plans without constraints. Construction began in 2022 and the first phase (3 Buildings and Central Area with a Lagoon) is to be delivered in April 2024 together with the first 19 Land Lots.
Key Features:
- Developer Financing Available
- Confotur Tax Exemptions
- Waterfront living with lagoon views.
- Beach Club, World-Class Gym, Multiple Restaurants, Water Parks, Tennis & Basketball Courts, Outdoor Workout Area and much more.
- Gated Community with 24/7 Security.
- Diverse housing options, from Studio apartments to Large private villas.
- Shopping and entertainment venues within walking distance.
- Green spaces and parks for recreational activities.
- Integrated smart technology for modern living.
Confotur: Enjoy up to 15 Years of Tax-Free Investment
In the Dominican Republic, the Confotur (Ley 158-01) tax exemption law offers significant benefits for real estate investors for up to 15 years.
Transfer Tax: The law provides an exemption from the transfer tax, which is 3% of the property’s value. For example a property worth $200,000 will save $6,000 in transfer taxes.
Annual Property Tax: Investors can enjoy a tax exemption on the annual property tax, which typically amounts to 1% of the property’s value above DOP $9,475,000 (USD ~$169,000).
Taxable Income: International investors can declare their real estate investments as expenses, resulting in savings on their income tax returns, thereby making the investment more financially appealing.
Rental Income: Individuals have the opportunity to include their real estate investments when filing their taxes, leading to potential savings of up to 20% on their net taxable income.
Riviera Bay
Riviera Bay development in Cana Bay of Hard Rock Punta Cana, stands out as a luxurious haven on the eastern coast of the Dominican Republic. This pre-construction project is designed to offer an amazing living experience with a focus on upscale amenities and world-class services, as it is found on a Golf Course within a Beachfront Gated Community. Riviera Bay is not just a residence; it’s a lifestyle choice for those seeking tropical luxury.
Price Points
1BED Condos starting at $187,000, 2BED Condos at $289,000, 3BED Condos at $365,000 and 3BED Condos with rooftop terraces and private jacuzzi at $465,000.
Timeline
The project has secured full funding, ensuring its financial stability and the ability to execute its plans without constraints. Construction began in 2022 and the first phase (3 Buildings and Central Area with a Lagoon) is to be delivered in April 2024 together with the first 19 Land Lots.
Key Features:
- Confotur Tax Exemptions
- Built on the Hard Rock Punta Cana Golf Course
- Direct access to pristine white-sand beaches.
- Championship golf courses for enthusiasts.
- Hard Rock Casino and Oro Night Club Access.
- High-end dining and entertainment options.
- Exclusive beach clubs and spas.
- Tennis Courses, Gym,
- Gated community with 24/7 concierge services.
Conclusion: Embracing Luxury and Opportunity in the Dominican Republic
The Dominican Republic is emerging as a top destination for luxury living and investment, with projects like 222 Condominiums & Residences, Serenity Sosua, Laguna City, and Riviera Bay showcasing this transformation. Each development offers a unique blend of luxury, comfort, and natural beauty, making them ideal for a dream Caribbean lifestyle or a strategic investment.
Investing in these pre-construction projects means more than buying a property; it’s an opportunity to be part of a vibrant community in stunning locations, from the surf-friendly shores of Playa Encuentro to the lively ambiance of Punta Cana. These developments are not just homes but gateways to a luxurious lifestyle surrounded by modern amenities and natural splendor.
The added advantage of the Confotur Law provides significant tax benefits, enhancing the appeal for international investors. With up to 15 years of tax exemptions, these projects offer a financially savvy opportunity in a rapidly growing real estate market.
In summary, these projects represent the best of Dominican real estate – a harmonious blend of luxury, location, and lucrative investment potential. It’s an invitation to join the evolution of Caribbean living and invest in a future filled with promise and exclusivity.
