With the boom in development and leisure facilities around Las Terrenas, such as the golf course,
marina west of Las Terrenas, and new international airport in the Samana region at El Catey, property prices are rising rapidly in the region. …..Now is the time to buy!
Depending upon the proximity of the beach, a typical property with 3-4 bedrooms with a swimming pool in a gated community, inclusive of land, would be worth between US$ 480,000 - US$ 700,000.
Depending upon the proximity of the beach, a typical property with 3-4 bedrooms with a swimming pool in a gated community, inclusive of land, would be worth between US$ 480,000 - US$ 700,000.
In the future substantial growth is expected, as the Samana region develops. The property is self-financing and income generating by virtue of potential year long rental estimated at around 10% on the value of the property without accounting for the underlying appreciation in the villa value.
The land prices in Las Terrenas depending on the quality of the development, infrastructure and whether within a fully developed gated community. The price ranges from US$ 50.00 – US$ 250.00 per m² depending upon the location of the plot and view. You could expect to pay US$ 250.00 per m² for a beach lot. A hill development therefore still offers excellent value. Las Palmas Tropical with its proximity to Las Terrenas, beautiful beaches close by, together with sea and valley views, offers all of these features and at an attractive price - Offering great value for money!!!.
Build Cost Estimate
The house build costs are reflected by the quality of the build and terrain;and could range from between US $750 - US $1,000 per m². We offer a total construction service which takes away all the hard work from the buyer and provides a high quality finished product.
Rental Income
The popularity of the region and the demand for owner and rental villas is increasing in Las Terrenas. With an all year round equitable climate the owner should be able to budget for five months of the year of rental income as a minimum with the majority of Europeans visiting in the summer months, and North Americans in the winter months With such a huge amount of potential this opportunity only comes once in a life time and is not to be missed.
The popularity of the region and the demand for owner and rental villas is increasing in Las Terrenas. With an all year round equitable climate the owner should be able to budget for five months of the year of rental income as a minimum with the majority of Europeans visiting in the summer months, and North Americans in the winter months With such a huge amount of potential this opportunity only comes once in a life time and is not to be missed.