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NEWLY BUILT 2 BEDROOM IN BOUTIQUE CAYENA RESIDENCES IN PLAYA ENCUENTRO

$249,999

Encuentro Cabarete, 57000, Dominican Republic -RealtorDR

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NEWLY BUILT 2 BEDROOM IN BOUTIQUE CAYENA RESIDENCES IN PLAYA ENCUENTRO

Property ID – RDR-42579-property
Address – Encuentro Cabarete, 57000, Dominican Republic -RealtorDR

Price

US $249999

Overview

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Property ID : RDR-42579-property
Bedrooms
2
Bathrooms
2.5
Area
123 sq m
Seller Financing
No
Gated Community
Yes
HOA
$3/sqm
Oceanfront
No
Tax Exempt
No
Luxury Listing
No
Construction
Already Built
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Playa Encuentro Community in Cabarete, D.R. - RealtorDR.com
NEWLY BUILT 2 BEDROOM IN BOUTIQUE CAYENA RESIDENCES IN PLAYA ENCUENTRO
Description

This is a 2 bed 2.5 bath home that is already built and finished, ready for you to move in 🏡.

Introducing the latest addition to the vibrant surf capital of the Caribbean, Playa Encuentro, where an unparalleled community awaits you. Walk to the beach in less than 10 minutes, enjoy breathtaking sunrises, ride glassy waves throughout the year, and become part of the cosmopolitan community that brings together both locals and foreigners who share the same beachy lifestyle.

The architectural design blends contemporary elements with a natural, earthy aesthetic. This ground floor condo has lots of space. Walk in to the front door or sliding glass doors to see a large kitchen and living room that faces the pool. A mature garden between the front terrace and pool provides privacy. Sliding glass windows instead of a backsplash provide light, a nice view while washing dishes. Each window of the home has views of gorgeous tropical plants.

About The Playa Encuentro Community

Playa Encuentro, situated on the North Coast of the Dominican Republic, holds a special place as one of the most cherished communities in the region. Not only is it renowned as the ultimate surfing destination on the island, but it has also evolved into a remarkable neighborhood that prioritizes sustainability.

The Ministry of Tourism has bestowed the prestigious title of the Surf and Wind capital of the Dominican Republic upon Cabarete, with Playa Encuentro standing proudly as the main surf beach. This accolade speaks volumes about the exceptional surfing experiences one can enjoy in this coastal haven.

Nestled between the charming locales of Perla Marina and Costa Azul, Playa Encuentro enjoys a prime location that offers equal proximity to both Cabarete’s bustling city center and the vibrant heart of Sosua. In a mere eight minutes or less, residents and visitors can effortlessly access a diverse array of amenities, including restaurants, shops, supermarkets, offices, clubs, and captivating attractions in both Cabarete and Sosúa.

Whether you are seeking thrilling surfing adventures or a sustainable neighborhood with convenient access to nearby attractions, Playa Encuentro is an idyllic destination that effortlessly combines the best of both worlds.

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25 Years Fixed
7.95% Interest
  • Principle and Interest

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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.

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