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Characteristics of The Reef in Las Terrenas
● Total size 188,000 m2 or 47 acres land
● Beachfront wide 250 meters or 750 feet
● Only 29.5% will be constructed. The rest is green zones, lakes and pools
● 435 apartments
● Branded hotel with 80 rooms
● Shopping with supermarket
● Beachclub
● 24/7 security and electricity
● Restaurants
● Spa, gym, and walking tracks
● Total size 188,000 m2 or 47 acres land
● Beachfront wide 250 meters or 750 feet
● Only 29.5% will be constructed. The rest is green zones, lakes and pools
● 435 apartments
● Branded hotel with 80 rooms
● Shopping with supermarket
● Beachclub
● 24/7 security and electricity
● Restaurants
● Spa, gym, and walking tracks
- Prices start at $265,000 USD
Masterplan of The Reef
You can see the lakes connected to the river that flows into the ocean. Inside the lakes the pools, which can be accessed by bridges. Overall an ecological environment with low density construction. Only 29.5% will be occupied. Around the apartments the parking and right hand side the shops where the supermarket will be. At the left hand side on the beach the 80 room branded hotel.
Apartment Characteristics of The Reef
● 435 apartments in 2 and 3 bedrooms and penthouses
● Only 13 units available as 3-bedroom units
● Fully furnished. Only bring your clothes
● All buildings have elevators
● All top floor units have jacuzzis
● Condos in beachfront blocks all have jacuzzis
● Assigned parking space
● Top quality finishing
● Rental program in place
● Large pool and sun areas
● Fiber optics internet
● 435 apartments in 2 and 3 bedrooms and penthouses
● Only 13 units available as 3-bedroom units
● Fully furnished. Only bring your clothes
● All buildings have elevators
● All top floor units have jacuzzis
● Condos in beachfront blocks all have jacuzzis
● Assigned parking space
● Top quality finishing
● Rental program in place
● Large pool and sun areas
● Fiber optics internet
Payment Structure:
● 5,000 USD non refundable
● 20% within 30 days contract
● 40% to be paid during construction (flexible)
● 40% on delivery
● 5,000 USD non refundable
● 20% within 30 days contract
● 40% to be paid during construction (flexible)
● 40% on delivery
Tax Free apartment under the Confotour law:
● a security that the project is according to the law
● 0% transfer tax (normally 3%)
● 0% property taxes (normally 1%) for the next 5 years
● 0% income tax over the rental income
● a security that the project is according to the law
● 0% transfer tax (normally 3%)
● 0% property taxes (normally 1%) for the next 5 years
● 0% income tax over the rental income
Timeframe:
● Construction starts August 2022
● Expected completion date August 2024
● Construction starts August 2022
● Expected completion date August 2024
Real Estate Websites by Web4Realty
https://web4realty.com/