This new build project in the beautiful Encuentro Beach also known as the Surf district of Dominican Republic. These units are SMART, energy efficient and fitted with all the high tech solutions. Tap entry doors, glass elevators, Nest Thermostat system and customizations of units are available at this time!
With its own laundry room, master bedroom with ocean views, and second bedroom with mountain views, this 2 bedroom apartment is gorgeous and includes access to a community pool complete with BBQ area, tables, and chairs great for hosting guests.
What is financially incredible about investing in this property is that it applies for Confotur. Confotur is a tax exemption law in Dominican Republic in which under law 158-01, the Buyer is exempt from the 1% property tax for 15 years. Additionally, the income tax on property rentals, usually 27%, is also exempt for 15 years. This Confotur law only applies to the first Buyer of this property.
This project also offers a rental program in which the owner pays a monthly fee and all income from the rental is returned to them. Owner only needs to provide 20 days notice to arrive to their own home, and 30days notice to exit the rental program, the rest is taken care of by the managers of the project.
Only 2 of these units are available at this price range one is on the first floor, the other is on the second floor. Both have ocean views.
Playa Encuentro is a surf beach community located between Perla Marina and Costa Azul.
Cabarete is now the Surf and Wind capital of the Dominican Republic and the center of surfing is Playa Encuentro.
What was once just a few villas and condominiums has now grown into a a bustling community with lots of options to enjoy. Some of the new attractions are a food truck park with restaurants and a park for kids where parents can pay to have their kids watched while they eat and drink.
For more information about Playa Encuentro community, click HERE.