SOLD Sold After Jan 2023 EXCLUSIVE LISTING

Penthouse Apartment With Amazing Sunset Views

HOT DEAL! $550,000 $650,000

Cabarete 57000, Dominican Republic

27 Photos
EXCLUSIVE LISTING

Penthouse Apartment With Amazing Sunset Views

Property ID – RDR-28081
Address – Cabarete 57000, Dominican Republic

Price

HOT DEAL!

US $550000

$650000

Overview

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Property ID : RDR-28081-property
Bedrooms
3
Bathrooms
3
Garage
1
Area
200 sq m
Year Built
2001
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Penthouse Apartment With The Best Views of Cabarete - FOR SALE by RealtorDR.com
Penthouse Apartment With Amazing Sunset Views
Description

SOLD

Welcome to this spacious penthouse apartment with the best sunset view of Cabarete Bay.
This penthouse apartment is located on the top floor of the resort with sweeping views of the ocean, beach and manicured gardens, providing the backdrop for the perfect vacation spot. This 200 m2 (2150 ft2) condo includes 3 bedrooms (2 with oceanfront views) and 3 bathrooms. The principal suite is spacious with a walk in closet and large ensuite bathroom including a double shower. It also has direct access to the large main terrace. 
You can enjoy a spacious and open living ,kitchen and dining room experience. All of this comes with incredible ocean views and a large terrace with enough space for dining or extra outdoor living area. The vaulted ceilings create a feeling of space and height. The carefully designed and well maintained gardens spill out onto a lovely pool that borders the ocean. 
This condo is literally steps away from the largest supermarket in Cabarete and a 3 minute walk to the center of Cabarete with all of the shops and restaurants at your disposal. It is ideally located! 
Velero Resort boasts an onsite restaurant and spa facility. All owners receive a percentage of the profits from the restaurant and gift shop. The condominium association is separate from the hotel rental pool which you would be able to opt into when you purchase this incredible unit. 

For more information on this unit please contact Michelle.

About Velero Beach Resort

Velero offers 7,000 m2 of pristine gardens, 22 condos and 7 incredible penthouses, with all rooms having direct ocean views. Private parking and 24/7 security,

This luxury condo hotel, located on the beachfront in Cabarete, offers over 50 spacious rooms to fit unique vacation needs. Each one of the elegantly appointed beachfront suites provides a direct view of the azure blue ocean waters and golden sand beach. Between you and the beach is a manicured tropical garden, with exotic specimens just bursting with a multitude of colors.

Features

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Have Questions About Life in the Dominican Republic?

Ask anything about living, buying, investing, or relocating to the Dominican Republic.

💰 What’s the cost of living?
🏥 How does healthcare work?
🏡 Can foreigners buy property?

📈 What’s the rental income potential?
🛂 How do I get residency?
🏖 Which area is best for me?

Chat with RealtorDR AI Assistant

Powered by thousands of real buyer conversations, local expertise, and hundreds of DR listings.

What people who were once in your shoes have to say

Jessica Fernandez

I had the pleasure of working with Cornell Wilson last month to purchase a piece of land in Sosúa. From start to finish, he made the entire process straightforward and stress-free. Since I was unable to travel to the Dominican....

Judit Ronai

I loved Natalie`s personality, beauty, kind confidence and professionalism, more importantly, she truly understands the DR real estate market! At first, I didn’t like what she had to say about my dearly loved property. Natalie was refreshingly-and sometimes brutally-honest. She....

HABI DOMINICANA

We listed a property exclusively with Realtor DR, and the experience was excellent from start to finish. Brett Henry handled the exclusive listing, and from the beginning of the process through the final closing, which was managed by Hennah Pérez,....

Lolo Manso

(Translated by Google) I want to thank Hennah Pérez for her professionalism and excellent work, which made one of my dreams come true by helping me acquire a wonderful property in Cabarete. The transaction was quick and efficient. Thanks again,....

Barb Pellerin

We met with Audrey and her knowledge of the market was immediately evident. This made us feel confident in having her sell our property. Additionally, the RealtorDR organization was behind her providing a legal team, along with a large team....

Andrew Bell

I recently purchased a villa in Dominican Republic, and I can’t recommend my agent, Cornell, enough. He was outstanding throughout the entire process, handling every detail with care and professionalism. Even when challenges came up, I felt confident knowing I....

FAQs

Yes! The buying process for foreigners and Dominicans is exactly the same. No matter your citizenship status, you can own property in the DR.
Closing costs are typically 3.5% additional to the sales price. 1% would be for the lawyer’s fees and 2.5% go straight to the government for title transfers and taxes.
Not only can you receive quality healthcare in the DR, it is very affordable. A standard visit to your General Doctor would cost less than $25 USD without insurance and you can get a top tier insurance policy for $400 USD per year.
Yes. Property taxes are 1% per year of the appraised value of the property in the tax office of approximately over $150,000USD. So if your property is officially valued at $200,000USD, you would pay 1% yearly property taxes on just $50,000USD.
The DR’s policy for extended stay of non-residents is one of the most relaxed in the world. You only need to pay a fee if you stay longer than your tourist visa. Your tourist visa from the airport expires in 30 days, so if you leave 30 days – 3 years after your visa expires, you will pay a fee at the airport that is calculated based on how long you stayed.
No. It is just as easy to own property in the Dominican Republic for citizens as it is for visitors. That being said, getting residency in the DR is a straightforward yet lengthy process that can be beneficial for some.
For non-residents it is possible to get financing from local banks like Scotiabank or Banco Popular however, it is not common and most property transactions in the DR are cash purchases. Having residency or citizenship in the Dominican Republic can be advantageous when getting financing to buy property.