Stanza Mare 3BR Ocean View- SEMI- FIXER-UPPER Los Corales (Bavaro Punta Cana, La Altagracia, DO - 23000) Built

$399,000 USD
Fixer-upper Price of $200K below market value

Reliable Realty SRL

Maria Williams Maria Williams 1-809-362-7935 (Office) 1-829-274-1637 (Cell) Request More Info

  • Directly on the beach- Ocean view- steps to the pool
  • Type: Condominium
  • Style: Apartment "Ground floor - direct beach & pool access"
  • Bedrooms: 4 "including the Maids or Service Qtrs."
  • Bathrooms: 4 "including the Maids or Service Qtrs."
  • Size: 1,861 sq. ft. "173 m2"
  • Development Level: Built
  • Year Built: 2006
  • Condo Fees: $458.00 USD
  • MLS #: RR-BAV-STZM-03-A

Description

OCEAN VIEW 3 BEDROOM APARTMENT CONDO PUNTA CANA BAVARO LOS CORALES

This 3 Bedroom condo is located on the FRONT LINE of the beach, with incredable ocean views from the large titled back patio.
Stanza Mare has its own private beach, as well as a large pool and community area, which includes an onsite restaurant, coverd social areas, plus laundry and cleaning services (if desired). A great option for vacationing owners or their rental guests who do not want to launder their clothes while here.

This is a large Ocean view 3 Bedroom, 3 Bathroom condo (or 4 BR/ 4BA if including the maids/ service bedroom; with its own a full bath). Totaling 1861 sq. ft. (or 173 m2). It is located on the ground level- with direct beach and pool access! Situated in the exclusive Stanza Mare community within the fun, safe and friendly beach-town of Los Corales. Stanza Mare owners (and their guests) enjoy their own private beach; one of the deepest and widest white sandy beaches on the East Coast.

This condo is priced to sell, and only needs some final improvements. We call it a "Semi-Fixer-Upper". Semi becase much work has already been done, and because there are no known electrical, plumbing problems or leaks.
The owner has already invested into all new natural coral tile on the floors, and in all the bathrooms (floors and walls), along with the additiona of new bathroom sinks, toilets, tiled showers, and fixtures... The condo has fresh new (White) paint throughout with the exception of the Caribbean nautical artwork in turqoise blue colors, painted on the entry wall.

Labor, and most finishing materials are very affordable here. About 1/3rd the typical "improvement" cost in the U.S. and 1/4th the cost in Canada.

IMPROVEMENTS STILL REQUIRED TO COMPLETE THIS OCEAN VIEW CONDO
1) New kitchen Cabintry
2) New Appliances (Refridgerator, stove/ oven/ extractor, Washer & Dryer)
3) Three new A/C's
4) New Hot water heater
5) Finishing of the cabinets under the kitchen sinks
6) Sealing of the new coral tile
7) New Bedroom Closet doors
8) Furniture interior and patio (Approx. $28,000 - $34,000 for a nice furniture package)

The estimated completion costs, per the list above, (without furniture) and for a general finishing job, would cost approximately $25,000 - $30,000 (includes labor and materials).
A full inspection and estimate can be done with a reservation deposit, offering a refund should the inspection not be satisfactory, or the finishing estimate too high. All to provide assurance to the new owner that the electricity and plumbing are in good working condition, that the condo has no leaks or other latent concerns, and the finishing cost will not break the bank.

The location is superior. Stanza Mare was one of the first beaches specifically selected to develop condos in this area back in 2004 - 2006.
Stanza Mare is still considered one of the best condo beachfront condo communities in entire East Coast!

STANZA MARE IS JUST A SHORT WALK/ and a SHORT DRIVE TO SO MUCH within our fun, safe, expat neighborhood of Los Corales, next to the beach-town of El Cortecito, and a short 4 minute drive to the Residential Cocotal Golf and Beach.

This condo is located directly ON THE BEACH. And just a 4 - to 20 minute walk to 4-5 more beach accesses (w/ beach bar/ restaurants), over 40 dining options, a variety of shopping, grocery stores, Doctors, Dentist, pharmacies, cash exchange/ ATM's, gyms, spas, salons, fruit stands, bakeries, recreational areas (tennis, basketball, children's playground), a dive shop, and so much more! All just a short walk away and within our fun, safe and famous HGTV BEACH-TOWNS!

A SHORT DRIVE TO SO MUCH MORE! Just a short 4-minute drive to the Cocotal Championship golf course and residences, & the Palma Real Shopping Mall home to Papa Johns, the Cana Balloons (Balloon rides), and COMING SOON.. A new Water Park!

Only a 10 - 12 minute drive to the newer Downtown Punta Cana area, where you’ll find the San Juan Mall (with Super Pola, a large grocery store), along with an array of other shops. Downtown Punta Cana additionally offers; IKEA, Pizza Hut, Dominos, Subway, Burger King, Jumbo Super Market, Coco Bongo Night Club, a wake-board activity center, a large Fitness Center (gym), several more restaurants and shopping, and so much more!
Only a 22-minute drive to the Punta Cana Village and Resort, and a 25-minute drive to the Punta Cana International Airport.

PUBLIC TRANSPORTATION: Should you want to venture to even more beaches, malls, dining options or even the newer and Active Downtown Punta Cana area; Public bus transportation is available (for only $1.00 p/p one way) and pick up is accessible just about anywhere. The Public buses are very safe and used often by tourist and expats (as well as our friendly Dominican locals). 20- 25 minute rotations providing affordable transportation to places like the Palma Real Mall; the Cocotal Championship Golf Course, the San Juan Shopping Center (IKEA, Cinemas, Payless, etc), Jumbo Mega Shopping mall, many other International dining venues. The Blue Mall shopping (Punta Cana), or perhaps even catch a baseball game, or bargain shopping in Veron. Oh, and let's not forget the amazing dining, entertainment, events, PGA Golf Tours, or other festivals going on at the Punta Cana Village and Resort area... OR, even catch a bus to go to the Punta Cana Intl. Airport.

Land in this area is nearly exhausted, beachfront is exhausted now. So now is the time to invest.
Sales are booming because of the Pandemic... people from all over the world all looking for an "Escape Pad" to the Tropics with a secure and friendly government who welcomes foreign investors. (Securing Residency if staying more than 6 mos. at a time is stressed though).

This means property values for any condos built within these 2 beach-town areas, including new condo communities under construction now and selling fast, will ALL show significant appreciation values through the years as "we are not making anymore beach"...

ASK ABOUT OUR AWARD-WINNING PROPERTY MANAGEMENT/ VACATION RENTAL BOOKING SERVICES- A FULL SERVICE AGENCY since 2008!
SEE ALL OUR MEDIA LINKS – (HGTV Caribbean Life, Punta Cana TV, etc.)
https://www.reliable-realty-dr.com/Media_Center/page_2635502.html
VACATION RENTALS/ Excursion Options
https://www.vacationrentalspuntacana.com
COMPLETE OUR PROPERTY QUESTIONNAIRE - For Faster Response https://www.reliable-realty-dr.com/Property_Questionnaire/page_2635965.html

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