It is a tourist residential complex strategically located between Avenidas Estados Unidos and España Avenues, with parallel access to the Bulevar Turístico del Este. It is close to the main hotel complexes Majestic and Iberostar and will have 379 units. It includes 1 and 2-bedroom apartments, duplexes and 2 and 3-bedroom villas. The first stage will be delivered in December 2026.
This project has Confotur. What benefits does Confotur offer?
On October 9, 2001, history changed for foreign investors in the Dominican Republic when the Tourism Development Council approved Law No. 158-01 to accelerate tourism development. By acquiring a property under this law, you will obtain great tax savings with the 3% exoneration of title transfer and the 1% exoneration of real estate patrimony tax (IPI). For example, for a $100,000 property, you would save $3,000 in title transfer and $1,000 a year for 15 years, for a total savings of $18,000.
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