Basics
- Date added: Added 4 months ago
- Category: Sale Pending
- Type: Beachfront/Ocean View, Condos and Apartments
- Status: New Construction, Under Construction
- Bedrooms: 3
- Bathrooms: 3
- Area: 235.83 m²
- Area, sq ft: 2540 sq ft
Description
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Description:
Ocean Bay is an exclusive luxury beachfront development located in the community of El Cortecito, Bavaro Punta Cana, with a total of 197 beach-front and beach proximity condos, all with their own private terrace overlooking the sea. It is designed to operate as a 5-star Boutique Hotel.
Ocean Bay owners can enjoy an exclusive restaurant within the project, a sea-range infinity pool and private beach access.
Within the common areas of this amazing beach-front development, located in one of the last beachfront properties in Punta Cana is a training pool, a lounge area around the pool and the beach, a gym, an entertainment area with tennis and billiard tables, reception with concierge service, elevators in all buildings, garden areas.
There will also be a small commercial space facing the street, opposite to the ocean, where owners can enjoy a more local environment with restaurants and shops.
The 5-star boutique hotel will be part of a rental pool with an estimated annual return of more than 10%.
Ocean Bay will have one, two and three bedroom condos.
El Cortecito is one of the most touristic areas of Bávaro, where short-term rentals are predominant and frequent travelers are common. It is the favorite area for tourists since it is where the bars and restaurants and public beach is. El Cortecito is surrounded by new development condos, and the beach is always a walk away and meeting new people is an everyday thing.
If you are looking to invest, but also own a slice of paradise in the Caribbean, El Cortecito may be your go-to location. Short term rentals give great ROI by the end of year, and you still have time to take some sun in and enjoy our warm weather from time to time!
Three bedroom condos will have exclusive view of the ocean, and direct access to main pool and the beach.
Tax Exemption Benefit! No 3% transfer tax or property tax for 15 years!
Contact us today and let us help you open the door to your Caribbean Dream!
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