Penthouse in Encuentro, Cabarete – spacious apartment with ocean view
Object Parameters
Area: 507 m2
Bedrooms: 2
Bathrooms: 2.5
Complex: Gated community with swimming pool, bar, security
Engineering systems: Backup generator, well for autonomous water supply
HOA: $290 per month
Cost: $749,000
Description and features
A modern penthouse with panoramic views is an ideal option for a comfortable stay or investment. The interior design combines elegance and functionality, the spacious rooms are filled with light, and the terrace offers views of tropical nature.
The complex offers a full range of amenities: a large swimming pool with a relaxation area, an indoor bar, 24-hour security, autonomous electricity and water supply 24/7.
Advantages of the purchase
High liquidity – real estate in Encuentro is in demand among investors and expats
Rental prospects – the average cost of renting such facilities is $3,500–$5,000 per month
Ready to move in – the penthouse is fully equipped, does not require additional investments
Market prospects
Over the past 5 years, real estate in the region has risen in price by 30-40%, due to the growing tourist flow and infrastructure development. The average annual price increase is 6-9%, which makes the purchase a profitable investment.
Registration of a residence permit
Buying a property worth over $200,000 gives you the right to apply for a residence permit, which opens up opportunities for long-term residence and tax benefits.