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For Sale Condo Featured EXCLUSIVE LISTING

🌊 BRAND-NEW OCEANFRONT CONDO FOR SALE IN ENCUENTRO | 2BR WITH PANORAMIC OCEAN VIEWS & CONFOTUR

$420,000

The Wave Beachfront Condos, Playa Encuentro, Cabarete, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

🌊 BRAND-NEW OCEANFRONT CONDO FOR SALE IN ENCUENTRO | 2BR WITH PANORAMIC OCEAN VIEWS & CONFOTUR

Property ID – RDR-69846-property
Address – The Wave Beachfront Condos, Playa Encuentro, Cabarete, Dominican Republic-RealtorDR-

Price

US $420000

Overview

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Property ID : RDR-69846-property
Featured
Bedrooms
2
Bathrooms
2.5
Area
110 sq m
Seller Financing
No
Gated Community
Yes
HOA
$462.86
Oceanfront
Yes
Tax Exempt
Yes
Construction
Already Built
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Description

Brand-new oceanfront condo in Encuentro, completed in 2026 and located on the fourth floor with incredible, unobstructed ocean views.

This 110 m² residence offers 2 bedrooms and 2.5 bathrooms with a bright, open layout designed to make the most of its beachfront setting. The unit is being sold unfurnished, giving the new owner the opportunity to design and furnish the space to their own taste.

The building offers excellent amenities, including an elevator, a gym, and an on-site restaurant, all just steps from the ocean and within walking distance of Encuentro’s world-famous surf beach.

The property also benefits from CONFOTUR tax exemptions, making it an attractive option for both personal use and investment.

Property Features

  • 2 bedrooms
  • 2.5 bathrooms
  • 110 m² of living space
  • Fourth-floor oceanfront unit
  • Completed in 2026
  • Unfurnished
  • Elevator in the building
  • Gym and on-site restaurant
  • CONFOTUR tax exempt
  • Located in Encuentro, Cabarete

The Community – Encuentro

Encuentro is one of the Dominican Republic’s most sought-after beach communities, known for its world-class surfing, laid-back atmosphere, and growing luxury real estate market. Located between Cabarete and Sosúa, it offers the perfect balance of nature, lifestyle, and convenience. Residents enjoy beautiful beaches, excellent restaurants and cafés, yoga and wellness offerings, and a welcoming international community, all while being just minutes from everyday amenities. It has become a favourite destination for both full-time residents and investors looking for strong rental potential and an exceptional quality of life.

Approximate Driving Times to International Airports

  • Gregorio Luperón International Airport (Puerto Plata – POP): 15 minutes
  • Cibao International Airport (Santiago – STI): 1 hour 15 minutes
  • Las Américas International Airport (Santo Domingo – SDQ): 3 hours 30 minutes
  • Punta Cana International Airport (PUJ): 5 hours 15 minutes
  • El Catey International Airport (Samaná – AZS): 2 hours 15 minutes
  • La Romana International Airport (LRM): 4 hours 30 minutes

These convenient connections make Encuentro easily accessible from North America, Europe, and the rest of the Caribbean while still maintaining its relaxed, beachfront feel.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Katie Florence

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What people who were once in your shoes have to say

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.

Katie Florence

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