Confotur (Tax Free)
Description
Ocean Bay is an exclusive luxury development located in the community of Los Corales, El Cortecito, with a total of 197 beach-front and beach proximity condos, all with their own private terrace overlooking the sea. It is designed to operate as a 5 star Boutique Hotel.
Ocean Bay owners can enjoy an exclusive restaurant within the project, a sea-range infinity pool and private beach access. Within the common areas of this amazing beach-front development, located in one of the last beachfront properties in Punta Cana is a training pool, a lounge area around the pool and the beach, a gym, an entertainment area with tennis and billiard tables, reception with concierge service, elevators in all buildings, garden areas.
There will also be a small commercial space facing the street, opposite to the ocean, where owners can enjoy a more local environment with restaurants and shops.
The 5 star boutique hotel will be part of a rental pool with an estimated anual return of more than 10%.
CONDO FEATURES
• 2 bedrooms
• 2 bathrooms
• Living and dining room
• Kitchen
• Tax Exemption Benefit! No transfer tax or yearly property tax for 15 years!
PROJECT AMENITIES
• Playa Coral Club
• Ocean View Pool
• Central Pool
• Spa
• Wellness Center
• Private Restaurant
• Beach Bar
• Hotel Boutique
• Kids Club And Pool
• Shopping Area
PROJECT FEATURES
• Lobby
• Elevators
• 3 Levels Parking
• Shopping Center
• 24 Hour Security Services
• 24 Hour Residential Concierge
• Maintenance Services
El Cortecito is one of the most touristic areas of Bávaro, where short-term rentals are predominant and frequent travelers are common. It is the favorite area for tourists since it is where the bars and restaurants and public beach is. El Cortecito is surrounded by new development condos, beach is always a walk away and meeting new people is an everyday thing.
If you are looking to invest, but also own a slice of paradise in the caribbean, El Cortecito may be your go-to location. Short term rentals give great ROI by the end of year, and you still have time to take some sun in and enjoy our warm weather from time to time!
Location
Agent
Miguel has lived in Punta Cana, Dominican Republic, for the past seven years, after living in Santo Domingo for all his life. Miguel is a citizen of the world: he has previously lived in Cabarete, Puerto Plata; and for some time worked and travelled through Europe, mainly Germany, France, Belgium and Austria.
He speaks both Spanish and English fluently and graduated in Hotel Management in Food and Beverage from the Pontificia Universidad Catolica Madre y Maestra (PUCMM) in Santo Domingo. He loves to serve and he takes pride in doing a good job in attending our clients. He has worked in Punta Cana in the Hospitality Industry and knows everyone, everything and all that is good around the Bávaro area.
In the CanaBlue team Miguel contributed his knowledge of the area, his great social skills and love for Punta Cana to offer his clients a one on one treatment and helping them find their second home in Punta Cana.
Miguel specializes in low-budget developments, as well as touristic properties that won't break your bank account. He mostly concentrates on pre-construction developments, but also enjoys admiring new construction work and offering great re-sale deals to his clients.
Community
Los Corales, El Cortecito
Also known as the Dominican version of Mexico’s Playa del Carmen, this Bávaro community is a beach zone where a lot of real estate developments are taking place such as: restaurants and beachfront restaurants, street and beach bars, cafes, supermarkets, pharmacies, live music at night and all night time favorite spots ―it’s definitely Bávaro’s traditional touristic area, where tourists from all over the world come to search for a place to stay without going to the typical all inclusive hotels.
In El Cortecito short-term rentals are predominant and travelers are common. This community is filled with new development condos, beach is always walking distance and meeting new people is always the rule. Since it’s not a private community like El Cocotal, it doesn’t have benefits like golf courses or heavenly views but it does have the laidback, chill and bohemian environment.
More about the community
