Confotur (Tax Free)
|Listing Type||Duplex Condo||Bedrooms||2|
“The Beach” is a brand new development in Punta Cana at Pre Sale for Phase I.
Located at Carretera Higuey-Miches 10 minutes from Puntacana International Airport in the main road.
This amazing development offers a “Crystal Lagoon” TM which resembles a beach with white sand, even so, Bávaro beach is only a 5 minute drive.
Delivery for phase 1 is set to be delivered in two years.
One Bedroom Condo: US $95,000.
Flat Rate of US $150 monthly maintenance fee
Two Bedroom Condo: US $125,000.
Flat Rate of US $225 monthly maintenance fee.
THE BEACH also enjoys from the tax exemption CONFOTUR, which includes 15 years free of the 1% annual property tax as well as the one time payment of the 3% transfer tax.
2,500 Reservation Deposit
10% upon contract signature
10% 3 months after contract signature
30% paid in 6 installments of 5% paid every three months.
Example for Two Bedroom Condo: 125,000
Reservation Deposit: US $2,500
First Payment 10%: US $10,000 upon contract signature
Second Payment 10%: US $12,500 60 days after contract signature
30% paid in six installments of US 6,250 every three months or in 18 monthly payments of US $2,083.33.
50% upon delivery in 24 months
Clients’ payments go to an escrow account to the Fiduciary who will administer funds for Construction: Fiduciaria Universal.
*DISCOUNTS AVAILABLE FOR PROMPT PAYMENT*