DOMINICAN REPUBLIC-PUNTA CANA-RESIDENTIAL VILLA SOL PUNTA CANA -BAVARO

Asking Price: $2,500,000

  • Location: Bavaro-Friusa PUNTA CANA -BAVARO Dominican Republic

PUNTA CANA -BAVARO- 48 APARTMENTS FOR SALE

PERFECT INVESTOR OPPORTUNITY: 3 buildings consisting of 48 apartments, generating a steady income for 4 years & NOW ideally situated near the new super-highway, almost finished!

An exceptionally well maintained community in the Bávaro/Punta Cana area. The grounds are beautiful with a large community swimming pool and fountain. Located directly next to a nice commercial plaza with grocery store, restaurants, salons, fitness center, etc. and within walking distance of Iberia (a large department and grocery store), the main banking district, computer stores, restaurants, huge gym, and other services needed.

3 minute drive to newer hospital/dentist, more plazas, 9 minute drive to several white sandy public beaches in Bavaro Cortecito & Los Corales; 5 minute drive to Punta Cana International Airport; 8 - 35 minute to several world-class golf courses.

These apartments are in high demand to accommodate the growing resort & tour operator employees, servicing over 45 resorts in the Punta Cana/Bávaro/White Sands area.

These buildings are being sold below the bank-appraised price because owner wants to focus on other areas. 36 of 48 units already have individual titles, so they can be sold individually if desired.

All units are Fully furnished with two bedrooms & one full bathroom spread over 830 sq ft (77 sq m) plus a 64 sq ft (6 sq m) balcony, Full kitchen (refrigerator, oven-stove), Living room, Dining area, 2 A/C’s in nearly every unit;

Separate office & storage, Community Pool , 54 Parking spaces (front and back of building), Gated with 24/7 security service plus video securitym Community laundry room (coin operated commercial machines)

Consistant 95+% occupancy with excellent tenants! Often with a waiting list.
Average rent of $430.00 per month (including maintenance fee)
Energy efficient utilities
43,076 sq ft (4,000 sq m) of land
Less than $3,700 / month running and maintenance expense

SEE US ON HGTV CARIBBEAN LIFE SEASON 3- EPISODE 10 & 11


Units: 48 APARTMENTS

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