2-Bedroom Apartment for Sale at The Beach at City Place, Punta Cana — 85 m², $237,000
A two-bedroom, two-bathroom apartment of 85 m² (915 sq ft) is for sale in The Beach at City Place residential complex, Downtown Punta Cana district. The complex features the Crystal Lagoons artificial lagoon with a sandy beach. Planned completion — 2028. Price — $237,000.
Location
The Beach at City Place is located in Downtown Punta Cana, an area with developed retail and entertainment infrastructure. Nearby — Downtown Punta Cana Mall, Coco Bongo, Caribbean Cinemas, restaurants, and supermarkets. Punta Cana International Airport is approximately a 15-minute drive. Distances per the developer: to the airport — 7–10 minutes, to Cabeza de Toro and Bávaro beaches — 4–5 minutes, to Downtown (Jumbo, Hard Rock, IKEA) — 3 minutes.
About the Property
An 85 m² apartment with two bedrooms and two bathrooms. The layout includes a living room, dining area, open kitchen, and balcony. Finishes: tile floors, modular kitchen with granite countertops. Included — appliances: stove, air conditioners in the bedrooms and living room, refrigerator, washer and dryer, range hood, water heater.
In the Complex
The Beach at City Place is a gated community with a 30,000 m² Crystal Lagoons artificial lagoon and a private sandy beach. On site: pools, gym, spa, tennis courts, padel, pickleball, volleyball court, children's playgrounds, clubhouse, mini-market, restaurants, and bars. 24/7 security with access control.
Price and Costs
- Price — $237,000.
- Price per square meter — $2,788.
When buying real estate in the Dominican Republic, the buyer pays a transfer tax. However, the project participates in the CONFOTUR program, which exempts the buyer from the 3% transfer tax and the 1% annual property tax (IPI) for up to 15 years. This is a significant advantage that reduces closing and ownership costs.
Annual costs: the HOA fee for comparable apartments in the complex is about $249 per month. Thanks to CONFOTUR, IPI does not apply during the benefit period.
Paperwork and Transaction Format
Form of ownership — freehold. Foreigners can purchase real estate in the Dominican Republic. The transaction is notarized with registration in the Land Registry. Online viewings and remote closing by power of attorney are possible. Support languages — Spanish, English.
If You Are Considering It as an Investment
The Beach at City Place is positioned as a short-term rental (Airbnb) property. According to data for comparable apartments in the area, the average nightly rate is about $152 at 49% occupancy. The Crystal Lagoon allows for higher rental rates compared to properties without a lagoon and supports year-round demand. The developer offers rental management services. The source contains no data on declared yield for this specific unit.
The seller does not list the property for residence permit programs.
Best Suited For
— Investors seeking a short-term rental property with access to the Crystal Lagoon and the developed infrastructure of Downtown Punta Cana.
— Buyers planning to use the apartment for personal holidays and high-season rentals.
— Those who value the CONFOTUR benefits (exemption from the 3% transfer tax and 1% IPI for 15 years).
May Not Suit
— If you need move-in-ready real estate — completion is planned for 2028.
— If you plan to use it for a residence permit program — the $200,000 threshold is exceeded ($237,000), but confirmation of compliance with the program requirements as of the transaction date is required.
— If proximity to the ocean is critical — the lagoon is artificial, and you have to drive to the sea.
— If your budget does not account for the monthly HOA fee (about $249).
What to Know Before the Deal
The project is under construction, with completion planned for 2028. The terms of the CONFOTUR program (tax exemption) make ownership more advantageous but require verification that the property meets the program requirements. When buying at the construction stage, it is recommended to request the current status of works and the payment schedule from the seller. Be sure to verify the title's cleanliness through an independent Dominican lawyer.
How to View and Buy
Write when you plan to travel and what budget you are targeting. The Discount House manager will confirm the property's availability, send a full calculation of transaction costs, and select alternatives in the same area. Viewing in person or by video. Response within 30 minutes.