Apartments for Sale in Las Terrenas with ROI of 7
Las Terrenas
$459,000
2 Bathrooms
Parking Available
Air Conditioning
Description
The investment that works while enjoying the Caribbean If you are looking for a property in the Dominican Republic that combines a resort lifestyle with real and verifiable profitability, Silver Beach by Noval Properties is one of the few options on the market where the numbers speak for themselves. Located on the beachfront in Las Terrenas, Samaná, this development offers 1, 2 and 3 bedroom apartments that generate an average net return of 6.85% per year under professional hotel management -- with the added advantage of a full tax exemption under the CONFOTUR Law. The project is practically sold. Of the 226 apartments distributed in 6 buildings, the vast majority have already been absorbed by the market. Available units are limited, and that's not a sales cliché – it's the current state of inventory. Location: Las Terrenas, the destination that Europeans first discovered Las Terrenas, on the Samaná Peninsula, is one of the most popular real estate destinations in the Spanish-speaking Caribbean. Unlike the saturation that part of the Punta Cana corridor is already experiencing, Las Terrenas maintains a sophisticated buyer profile, attracts tourists with high purchasing power --especially French, Italians and Germans-- and registers consistently high tourist occupancy rates. Silver Beach is located in Coson Beach, recognized among the best beaches on the island. The distances to key points are: 0 minutes - Playa Cosón (direct access from the project) 4 minutes - Malecón de Las Terrenas (restaurants, nightlife, services) 14 minutes - Las Terrenas International Specialized Clinic 21 minutes - Presidente Juan Bosch International Airport (El Catey) 23 minutes - El Mosquito Bar (international gastronomic reference) Air connectivity is a key factor: El Catey Airport receives direct flights from Europe and North America, which directly fuels the demand for short-term vacation rentals. ? Why does Silver Beach differentiate your investment? 1. Developer with 21 years of experience Noval Properties is not an emerging construction company. With more than 21 years of operations in the Dominican Republic, it has more than 400,000 m2 delivered, more than 3,000 units built and currently US$2,000 million in projects under execution. That translates into legal certainty, structural soundness and delivery capacity. 2. Beachfront: The Caribbean's Scarcest Asset Beachfront land in Samaná doesn't breed. Silver Beach is built with direct access to the beach, a factor that not only sustains entry prices, but accelerates long-term capital appreciation. In 10 years, with a conservative appreciation of 5% per year, a unit of $599,000 can reach $975,000 in market value. 3. Documented ROI under hotel management The business model is transparent. With an average occupancy of 55% and nightly rates of $360-$410 USD, a 2-bedroom unit at $599,000 generates: Estimated Financial Projection To give you a clearer idea of the potential of this investment, these are the estimated numbers under a professional vacation operation scenario: Average Annual Gross Income The estimated average gross income is around the following: ~$76,541 USD per year Estimated Operating Expenses This includes expenses such as: Operational management (30%) HOA / maintenance Insurance Energy and general operation Estimated total: ~$34,685 USD per year Estimated Net Income After covering operating expenses, projected net income is between: ~$39,592 USD and $44,588 USD per year Approximate Monthly Flow This represents an estimated monthly income between: ~$3,299 USD and $3,716 USD per month Estimated Average ROI The average return projection over a 10-year period is estimated at: 6.85% per year 4. CONFOTUR benefit: zero taxes on the income generated Silver Beach takes advantage of Law No. 158-01 (CONFOTUR), which exempts owners from paying taxes on income from tourist income, ITBIS and property tax for 15 years. In the 10-year projection, the "Taxes" column is $0. That's not a mistake: it's the benefit of investing with CONFOTUR active. Finishes: Standards That Justify the Rental Price Silver Beach specifications are not local market standard. They are European market standards, installed in the Caribbean: Kitchen Italian modular cabinets with integrated handles and premium soft close Quartz countertop Electric oven + electric hob + extractor hood + stainless steel sink + designer mixer Coatings Italian ceramic tiles in light and neutral tones, resistant to impacts and humidity Bathrooms European mixer (Hansgrohe line) Designer floor toilet Rainselect multijet shower system in main bathroom Single-lever in secondary bathroom Air conditioning Central air conditioning system (not split per room) This level of finish raises the nightly rate that the hotel operator can sustain, and therefore directly improves the ROI. FAQ -- Frequently Asked Questions about Silver Beach ? Is Silver Beach covered by the CONFOTUR Law? Yes. The project benefits from Law No. 158-01 (CONFOTUR), which grants exemption from taxes on income from tourist income, ITBIS and property tax for 15 years. For the investor, this means that 100% of the projected net profit is tax-free during the exemption period. ? How close is it to the beach? Silver Beach is on the front line of Playa Coson. Access to the beach is direct from the project, without crossing public roads. ? Can you trade on Airbnb or Booking.com ? The project operates under a professional hotel management scheme. Depending on the modality you select with the operator, the income is distributed among the owners according to the actual occupancy. See terms of management agreement in effect at time of purchase. ? What is the estimated return on investment? The project's official financial model projects an annual net profit of $39,592 to $44,588 USD for a 2-bedroom unit at $599,000, with an occupancy rate of 55% and nightly rate of $360-$410. The average 10-year ROI is 6.85% per year. In addition, the value of the property can appreciate from $599,000 to ~$975,000 in that same period (estimated appreciation of 5% per year). ? How much is the monthly HOA worth? The HOA is calculated at $2.00 USD per square meter of the unit. For an apartment of 125.60 m2, this equates to ~$251 USD per month. ? Which airport serves Las Terrenas? Presidente Juan Bosch International Airport (El Catey - AZS), 21 minutes from the project, receives direct flights from Europe (Paris, Madrid, Frankfurt) and connections from Miami and New York. This sustains the international tourist demand that fuels short rentals. ? Can a foreigner shop in Silver Beach? Yes. The Dominican Republic allows foreigners to purchase property without restrictions, with the same rights as a Dominican citizen. The process is formalized before a notary and registered in the corresponding Registry of Titles. Silver Beach's available units are few. When a beachfront project, with CONFOTUR active and a documented ROI of 7%, has less than 10% of its inventory available, the margin to decide is narrow. Request the complete dossier with updated availability, payment plan and hotel management contract.
Location
Las Terrenas