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PUNTA CANA BAVARO OCEAN VIEW CONDOS FOR SALE
Perfectly located on the famous white sands of Bavaro Beach Welcome to Playa Coral , a brand new beach-front condo-hotel concept community; meaning a condo community offering resort-like amenities, with onsite services. This new modern and luxurious beach-front condo community broke ground in July of 2016 by one of the best and renowned developers in the country. Playa Coral is conveniently located between the Cocotal/ Palma Real Mall and Melia Resort area, and the Barcelo Resorts.
Constructed on one of the last soft white sandy beaches Punta Cana Bavaro have to offer. Just a short 10 minute drive to the Punta Cana International Airport (PUJ) and approximately 7 minute drive to the popular Los Corales and El Cortectio Beach-town neighborhoods.
Playa Coral beach-front community is situated on 21,679 sq. meters of land ( or 5.36 acres) There will be 9 buildings of 4 levels, and consisting of 74 condos of 1, 2, and 3 bedroom floor-plans. Each of the buildings are nicely angled for the best views from each condo. Various price ranges to fit any serious investor. Of course, the prices reflect the size, view, and proximity to the private beach-club.
Punta Cana Bavaro beachfront is nearly exhausted due to all the popularity in this area over the past 8 years. Especially with the popular HGTV programming filmed right here! So if you’re still thinking about it, the time is NOW!
Playa Coral amenities are outstanding! Including a reception lobby, elevators 24/7 gated access, 2 swimming pools, one offering a swim up bar, an on-site restaurant, a fitness center, a billiard/ bar (game room) and plenty of parking for all residents and their guests. These modern designed condos will be offering solar power so as to reduce the cost of HOA (condo fees). Other special features include a covered terrace and patio areas. The interior design is free-flowing while offering smart functionality to accommodate just about any healthy Caribbean lifestyle.
Construction completion estimate, June, 2018.
10% discounts for multiple purchases.
UP TO APRIL 25TH, 2017
Building A: 3BR SOLD OUT!
Building B: 3BR SOLD OUT!
Building C: 3BR SOLD OUT!
Building D: 2BR's SOLD OUT!
Building E: 2BR at US$440,000 ground floor, US$450,000 2nd floor, US$460,000 3rd floor and US$495,000 4th floor.
Building F: only FIVE 1BR’s remain starting at $280,000 and THREE 2BR’s in this same building starting at: $360,000.
AFFORDABLE CONDO (HOA) FEES ESTIMATED TO BE:
1 Bedroom $ 200
2 Bedroom $ 300
3 Bedroom $ 400
Buy with confidence and Save time, money and stress with our full service award winning agency with over 8 years’ experience and complete knowledge of this area.
The constructor... "Noval Group" is a well-established and reputable construction company based in Punta Cana since 2003.
Playa Coral is one of 5 new condo developments that this full-service design/ architect/ construction company offers which are currently under construction. However, this is the only beach-front condo community, as our white sandy and safe beachfront is nearly exhausted.
It’s a unique project, not comparable to any of the other condo developments, as it is directly on the beach, on the most beautiful stretch of Playa Bávaro between the Meliá and Barceló Hotels. Bávaro beach is completely occupied by hotels and having a luxury condo in front line is very special.
Playa Coral has a total of 74 condos, all with their private terrace and sea views, located directly on the beach. It is designed to operate as a 5 star Boutique condo-Hotel. The owners will enjoy an exclusive restaurant within the project, an infinity pool that gives the feeling of finishing in the sea, with private beds directly on the beach, a 25-meter semi-Olympic pool, lounge area around the pools and the beach, a gym, an entertainment area with tennis and billiards tables, reception with concierge service, elevators in all buildings, garden areas. Eco friendly with solar panels, thus keeping the condo fees about $100.00 U.S. lower per month than other beach-front condo communities.
The biggest benefit is the 15 year property tax exemption and NO 3% TRANSFER TITLE TAX for the first buyer. This will save prospective buyers between $10,000 - $15,000 in closing fees... PLUS between $50,000 - $70,000 in annual property taxes over 15 years!
Setting up payment plans during the construction, and perhaps even 6 mos after the construction completion (Nov. 2018), allows many prospective buyers the opportunity the perfect timing to receive their retirement benefits, or for the Canadian dollar or Euro to hopefully improve.
In addition to being located directly on the beach, we are only 5 minutes away (by golf cart) from the Palma Real Shopping Mall where there is a great variety of restaurants, shops, services and a supermarket. The center of the villages of El Cortecito / and Los Corales (beach-town areas where everything is accessible by foot) are only 6 minutes by car and the airport 20 minutes.
You can reserve your luxury condo with only US$ 5,000 down, with 30 days to complete 20% payment. The remaining 60% is paid during construction (per a schedule just right for you), and the last 20% upon delivery. Construction started in October with estimated completion (delivery) between December 2017 and May 2018, depending on the building the unit is located in. There are 9 buildings.
This Project will benefit from CONFOTUR, an incentive from the Dominican government for investors: a 15-year tax exemption of the property tax (usually 1% per year) and also no transfer tax (3% for the transfer of the title to your name).
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