Punta Cana, Bavaro, El Cortecito Apartment 94 m with CONFOTUR Close your eyes and imagine a place where the sun almost never sets and the turquoise waters of the ocean envelop the white sandy beaches. This is the Dominican Republic an exotic paradise located between Cuba and Puerto Rico, less than a 1.5-hour flight from Miami. Here you can become the owner of a property for full ownership, including a plot of land and without any restrictions foreigners are treated the same as citizens of the Dominican Republic. Add to that year-round sunny weather, no restrictions on short-term rentals, and proximity to the wealthy tourist markets of the US and Canada, and you have the perfect investment that brings not only profits, but endless joy. El Cortecito - Your Paradise Corner in Punta Cana In the heart of Bvaro we find a hidden treasure that deserves to be discovered. This coastal area is known for its combination of modern comfort and Caribbean authenticity. Importantly, it is strategically located to enjoy and experience first-hand all that this area has to offer. From its beautiful white sand beaches to its bustling nightlife hub, El Cortecito and Los Corales stands out as an unparalleled destination in Punta Cana. Are you a food lover? Here you will find a wide variety of restaurants with different types of cuisine, from local delicacies to high-quality international cuisine. Combining design, location and convenience In this new development located in the heart of El Cortecito, you will find apartments created with comfort, aesthetics and functionality in mind. It is just a few minutes' walk from sandy beaches, restaurants, shops and cafes. It is an ideal place both for living and for investment with short-term rental. The apartments offer a high standard of finishes: kitchens with built-in furniture and household appliances (electric hob, convection oven, hood and refrigerator), porcelain stoneware floors, modern bathrooms with walk-in showers and tempered glass, split air conditioning in the living room and bedrooms, energy-saving tankless electric boiler, as well as aluminum windows with double thermo-acoustic glazing. The interior and entrance doors are made of durable composite wood. The well-thought-out interior layout includes 2 spacious bedrooms, 2 bathrooms, a bright living room with a seating area, a dining room for 6 people, a modern kitchen open to the living area and a loggia balcony with additional relaxation space. The whole has been designed for maximum comfort of everyday life and high functionality in the case of rental. The common areas include a swimming pool with a non-slip terrace, a green garden space, a lobby with a modern finish, a gym with professional equipment and a parking lot. The project benefits from the government's CONFOTUR programme, which means exemption from IPI and transfer fees for up to 15 years which significantly increases the profitability of the investment. Payment plan: Reservation: $2, 000 Preliminary contract: 20% Under construction: 40% (paid in installments) On handover: 40% Scheduled completion date is April 2026. Why the Dominican Republic? No restrictions on short-term rentals. Full ownership for foreigners with inheritance. Public investments in infrastructure, roads, airports and energy. Over 11 million visitors in 2024 and projected growth in the following years. A year-round season with no monsoon seasons and a mild tropical climate. The growing population increases the demand for housing (+700 thousand people in 5 years). Premium real estate with growing capital value and demand for it. Housing deficit, estimated at about 2.1 million units. Economic stability and dynamic development of the real estate sector. The construction market will reach $54.36 billion by 2028 an annual growth of 9.81%. The GDP growth of the Dominican Republic over the next 5 years will be 23% 4.6% per year. High rental profits thanks to tourism and expats from the USA, Canada and Europe. Favorable tax system and no legal restrictions. Luxury dreams in tropical locations Invest or live in a place where every day tastes like an eternal vacation. Allow yourself more. Allow yourself to visit the Dominican Republic! Contact us and discover unique offers of luxury villas, residences, plots and apartments. We are happy to find your place in the Dominican Republic of course without commission from the buyer. Due to the time difference, please send us an SMS / WhatsApp message we will call you back at a time convenient for you.
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