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2 BEDROOM Walk to the Beach!
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Walk to the El Cortecito & Los Corales - Bavaro Beach, Punta Cana
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27 UNITS
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26 UNITS ARE 2 BDR 2 BATH, 115M2 = 1,237SF, 1 UNIT IS 3 BDR LOFT PH 198M2 = 2,131 SF
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7 Minute Walk to the Beach!
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From US$147,000
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COMPLETION DATE - NOW READY FOR OCCUPANCY!
Great Potential Rental Income Opportunity
26 units are 115m2 (1,237 SF) 2 bedroom and 2 bath condos and 1 unit is 198m2 (2,131 SF) 3 bedroom and 2 bath PH with Loft. All units have pool views right from your very own balcony. Solid concrete construction, marble floors, granite counter tops, precious woods. First floor units will have side terrace with patio access and third floor units will have a private roof top terrace (50m2-538 SF).
Corte Sea, built by The Montas Family. They are one of the most reputable, reliable builders in Bavaro-Punta Cana and the Dominican Republic. The Montas Family are the ones responsible for me being in Punta Cana. They knocked on my door in my Miami office 5 years ago and provided me the opportunity to sell Arenas de Bavaro and Corte Sea. They even turned me into property owner of one of the condos in Arenas de Bavaro. I believed in them, in the quality of their construction and how responsible they are with their products. You can see the full story on when I moved from Miami to Punta Cana on HGTV House Hunters International. Click Here HGTV Part 1-You Tube, Click Here HGTV Part 2-You Tube, Click Here HGTV Part 3-You Tube
As of December 2011, in Arenas de Bavaro we have sold 25 of 42 units and in Corte Sea we have already sold 9 of 17 units sold so far. Two of those units were resold prior to the completion of the construction and delivery. That is a total of 11 sales in Corte Sea. If you are looking for the Corte Sea and Arenas de Bavaro experts, then you have found them. See the testimonials below from the owners that have already closed and moved into their units.
Last but not least, I want to thank Don Luis Ulises, Eridania, Edgar, Isabel, David and Johanna for their hard work and dedication and for always working with me and my team to ensure happy clients. I consider the Montas Family to be my Family in the Dominican Republic and look forward to many more years to come. Thank you for making my dreams of life in the Caribbean come true!
Corte Sea is 500 meters (4 city blocks) from the shoreline of the El Cortecito Beach. El Cortecito Beach is the closest to a small beach town/fisherman village in the area. This area is considered to be the downtown of Bavaro-Punta Cana. You will find restaurants, bars, pharmacies, supermarkets, shopping centers, gift shops and banks. This is one of the last established beach front communities within the 35 km stretch of white sand and turqouise colored beaches. Best value that can be found in the Punta Cana Real Estate market.
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Prime Location (Downtown area)
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High Quality Solid Concrete Construction
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Reputable Developer
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Walking distance & access to El Cortecito and Bavaro Beaches
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24 hour security
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Gym
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PH has private access to roof top terrace from the interior of the unit.
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5 minutes from Casinos & Restaurants
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15 minutes from the Punta Cana International Airport
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8 minutes from Hospiten Bavaro Hospital
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Proximity to World Know Golf Courses
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New Shopping Centers Palma Real Shopping Village (5 minute drive) and San Juan Shopping Center (10 minute drive). Hard Rock Café, Tony Romas, Super Pola Supermarket, Moviemax, Armani Exchange, Rolex, Converse, Puma, El Burrito Mexican Restaurant, Banco Popular, Pizza Hut, Haagen Dazs, Levi's and much, much more.
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Testimonials - Corte Sea Property Owners
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Wade & Melissa - Toronto, Canada
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My spouse and I knew for quite some time that we were interested in purchasing some property in the DR but we really didn't know where to begin. Here in Canada we have a real estate agent who we know and trust and it was this same type of relationship we hoped to find as we started looking in the DR. We got lucky because we ended up arranging our search and eventual purchase of property through La Costa Destinations in Punta Cana. Scott Medina and Ellen van den Beld of La CostaDestinations not only walked us through the entire process of purchasing international property but they willingly and enthusiastically shared so much information around questions we might not have thought to ask.
Whenever we had a question, no matter how big or how small, we always received a same day response which aided greatly in our planning process. This ongoing support continued long after the deal closed whereby Scott and Ellen ensured we had necessary transportation to help take care of the errands required when moving into a new home. We never had to ask...they offered. Combine this with the fact that they often acted as our translator as we adjusted to a new language and it's safe to say we were in good hands.
My spouse and I are no strangers to buying real estate. We have a fairly good understanding of the various procedures involved. However in our opinion what truly makes a real estate transaction successful is when we work with people who are knowledgeable, friendly, supportive and approachable. These are areas where Scott and Ellen surpassed our expectations. We love our beautiful home in the DR and we value the new relationships we have forged with the folks at La Costa Destinations.
Toronto, Canada
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Joe & Fatima - Toronto, Canada
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Dear Scott & Ellen:
We are writing you this to let you know how extremely thrilled we are with the purchase we made with you. As you know we bought one of the condos in Corte Sea from you in Bavaro. We were there to see the final product and cannot believe how unequivocally stunning and exquisite it is. The saying of “Pictures do not do it justice” is so right.
We bought from you in May of this year. At that time we met with you and were impressed with the time you took with us. Never once did you hurry or pressure us. It was as if you knew the mental stress we were enduring already having to make this type of decision and you respected and encouraged us to do what we felt in our hearts would be best for us personally. You listened to everything we were looking for and really took the time to get to know us as individuals but most importantly you got to know us as a family. You were interested in everything we said we wanted and needed. When we got there and saw the final product-WOW! Every feature was exactly as we had asked for. Every detail from paint to furniture to personal touches where there. It was as if we had personally been there and decorated our condo ourselves. It was beyond what we really could have anticipated.
We want to thank you and feel that words alone could not truly express what we are feeling and for this reason we thought to write you instead. Thank you for your professionalism. Thank you for your dedication. Thank you for all your hard work. Thank you for listening to us and working for us like you were working and doing it for yourselves. Basically that is how we feel. The pride and hard work you put into this was if the condo was bought and decorated for you or a member of your family for that we will forever feel eternally grateful.
Thanks to you we so look forward to spending so much time down at our new “HOME” in Corte Sea.
Joe & Fatima
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Paul & Amy - Toronto, Canada
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We saw Scott on House Hunters International and contacted him to find out more about properties in Punta Cana. Scott was very informative and responsive to our many questions and so we quickly booked a trip down to Punta Cana.
Scott arranged for us to see all the properties he thought we may be interested in and after deciding to buy in Corte Sea he helped us to meet with the builder, the lawyer and a decorator – all within a few days.
We are looking forward to closing this spring and enjoying our new place in the sun!
Thanks for all your help so far Scott – we wouldn’t hesitate to refer you to our friends as we already have.
Amy and Paul
Toronto, Canada
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Rafael & Roxie - Texas, USA
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My husband and I became interested in Punta Cana when we saw the episode on House Hunters International where Scott was featured purchasing his condo. Soon thereafter I found Scott’s website with all of the information about owning property in the DR. From time to time I would check the website to see the various properties that were available and we decided to make a trip to see what the area was like.
We rented a condo through Scott for our trip and also made arrangements to look at property while we were there. We found Scott to be very knowledgeable about the area and very well connected with the people in the area – the developers, lawyers, shop owners. He told us what we would have to do to purchase, own and even rent out our property should we decide to move forward with owning property in the DR. He has been there to guide us every step of the way and has even given us contacts in the area that he trusts and works with. This has set our mind at ease and has made the process of purchasing a lot easier than anticipated. We are currently working with Scott and are in the process of realizing our Caribbean dream. The Caribbean is indeed calling us and we look forward to our continued business relationship with Scott!!
Rafael & Roxie, Texas, USA
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Dominican Republic Yearly Property Tax Exemption
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In regards to the tax exemption, any property that is worth 5,000,000 Dominican Pesos (+/-US$130,000) and under, according to government assessed value and not purchase price or market value is tax exempt. The government assessed value is a lot less than purchase price or market value. If the government assessed value exceeds 5,000,000 Dominican Pesos (+/-US$130,000), the first $5,000,000 Dominican Pesos (+/-US$130,000) are exempt and you pay 1% on the amount that exceeds 5,000,000 Dominican Pesos (+/-US$130,000). For example, assessed value 7,600,000 Dominican Pesos (+/-US$200,000), first 5,000,000 Dominican Pesos (+/-US$130,000) exempt, 2,600,000 Dominican Pesos (+/-US$70,000) additional only pay 1% or 26,000 Dominican Pesos (+/-US$700) per year. A Property that has a government assessed value of 7,600,000 Dominican Pesos (+/-US$200,000), probably has a market value of 11,400,000 Dominican Pesos (+/-US$300,000) or more.
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Corte Sea Request Form
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You Will Receive:
- Price List & Availability
- Special Buying Conditions For Our Clients
- Buyers Guide
- Investor Report
- Master Plan, Floor Plans, Elevations
- Neighborhood Information
- Taxes, Insurance and Legal Information
- Ownership Rights
- Financing Information
- Photos
- And much, much, more!
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