Villa Palmitas 8 for Sale in Cap Cana, the DR -
Where Luxury Meets Nature's Beauty
Invest in Modern and Exclusive Cap Cana Real Estate
Villa Palmitas 8, set to be 8,674 sq ft on a 12,916 sq ft plot, offers spacious outdoor living surrounded by palm trees.
This property redefines the concept of tropical minimalism by cleverly combining indoor and outdoor spaces.
Villa Palmitas 8 is designed with precision and an eye for detail, embodying a modern yet peaceful dwelling. It presents its inhabitants with a cozy living space that perfectly aligns with their way of life.
Villa Palmitas 8
Villa Palmitas 8 Amenities
The design of Villa Palmitas 8 includes two crosswise pathways that meet at the villa’s center, enabling smooth movement throughout the villa. This design fosters a balanced atmosphere that connects the home’s daytime and nighttime aspects.
The second level includes a kitchen, dining room, and spaces like a billiard room, BBQ area, and pool area. On this floor, you’ll find a combination of private bedrooms and shared open areas, including a terrace, a pool with a jacuzzi, and balconies.
List of Villa Amenities
- First floor 4,311 sqft
- Second Floor 4,363 sqft
- Jacuzzi 361 sqft
- Pergolate 733,45 sqft
- Picuzzi 212 sqft
- Pool 1315,88 sqft
- Parking
- Master room
- Bar & billiard
- Washing area
- Terrace/BBQ
- Dressing room
- Wardrobe
- Dining room
- Service bedroom
- Service bathroom
Cap Cana Villa Palmitas Highlights
A premium Cap Cana neighborhood
Villa Palmitas 8 boasts a fantastic location, offering you exclusive access to Juanillo Beach, Punta Espada Golf Club, and more. You’ll also find Punta Cana International Airport a convenient 18-minute drive away.
The nearby Cap Cana Marina offers a touch of European class. It promises an opportunity to engage in an exciting seaside adventure that will keep you invigorated for weeks to come.
Cap Cana has well-planned urban development that harmoniously blends with the natural surroundings. It’s a dream destination designed for those who appreciate exclusivity and the utmost in luxurious living.
Elegant passage to your luxury retreat
Villa Palmitas 8 transforms everyday family life into extraordinary moments. Its architectural layout epitomizes balance and unity, providing spaces for all and catering to every possible moment.
Carefully designed to embody the essence of an exclusive, modern, and tranquil home, Villa Palmitas 8 provides its inhabitants with a customized, cozy, sophisticated, and harmonious lifestyle.
As the owner of Villa Palmitas 8, you will have at your disposal two floors with an impressive total area of 8675 sqft. The second-floor features shared spaces like terraces, a swimming pool, a jacuzzi, and balconies.
Prices & Payment Plans
The Pricing of Villa Palmitas 8
| Type | Price | Bedrooms | Constr. Area (sq ft) | Solar Area (sq ft) |
|---|---|---|---|---|
| 2-floor villa | $2,600,000 | 6 | 8,674 | 12,916 |
Payment Plans
| Down- payment | During construction | On completion | |
|---|---|---|---|
| Prompt payment | 90% | 0% | 10% |
| Prompt payment 50% | 50% | 30% | 20% |
| Standard | 20% | 60% | 20% |
| Purchase Date | Handover |
Need answers or extra details? Feel free to contact us anytime.
Villa Palmitas 8 Location
Villa Palmitas 8 is nestled in the prestigious Cap Cana area.
- 9 min to Juanillo Beach
- 2 min to Punta Espada Golf Club
- 18 min to the Airport
- 13 min to Api Beach
- 3 min to Golden Bear Lodge
- 15 min to Blue Mall
- 12 min to Marina Punta Cana
- 7 min to Punta Cana Polo Club
- 7 min to the Stables
- 13 min to Casino Dominic
- 18 min to Ojos Indigenas
- 7 min to the Scape Park
Masterplan and Floorplan
Villa Palmitas 8. Masterplan
Villa Palmitas 8. Masterplan
Villa Palmitas 8. Masterplan
Villa Palmitas 8. MasterplanVilla Palmitas 8. First levelVacation Rental Yield Estimate
Manageable annual expenses make it a cost-effective luxury. Prime location in Cap Cana guarantees high value and potential for property appreciation.
Villa Palmitas 8
| Bedrooms | Property Value | Property sqft | Land sqft |
|---|---|---|---|
| 6 + Service | $2,600,000 | 8,674 | 12,916 |
Conservative Case
| Peak Season Rate | $4,100 |
| High Season Rate | $2,000 |
| Low Season Rate | $1,700 |
| Average Rate | $1,974 |
| Occupancy Rate | 60% |
| Net Annual Income | $230,350 |
| Net Profitability | 8.86% |
Annual Expenses
| Management | 25% |
| Maintenance | $7,200 |
| Water | $4,800 |
| Electricity | $30,000 |
| Telephone, Cable, Internet | $2,400 |
| Other Expenses & General Maintenance | $18,000 |
| Insurance | $3,600 |
| Villa Staff: Chef, Butler & 3 Maids | $27,830 |
Cap Cana Villas for Sale - Prime Investment
with Easy Transactions
Real estate prices in the Dominican Republic have showcased a consistent upward trajectory. With global tourists and investors eyeing this location for its natural beauty and amenities, it’s no surprise that a Cap Cana villa for sale is a golden ticket for those seeking both luxury and returns.
The Dominican Republic’s real estate has some of the world’s lowest taxes, making it attractive for investors.
The process for acquiring property in the Dominican Republic is refreshingly simple and is known for its stringent regulations. At the procedure’s core, an investor needs a passport.
To facilitate transactions, opening a bank account in the country is advisable, a straightforward process requiring basic identification documents and sometimes letters of recommendation.
An initial deposit is necessary to draft a preliminary sales contract upon choosing a property. After this, investors typically have a window of about a month to clear the remaining amount.
To ensure a hassle-free and genuine transaction, engaging professionals like realtors, lawyers, and notaries is imperative. A professional realtor, usually compensated by the seller, can guide buyers through the intricacies of the market.
Notary fees, typically 1% of the property price, can rise to 4% if paid via the notary. This fee includes state charges for title changes and issuance.
Lastly, a one-off 3% tax applies to the real estate transaction, serving as a tax for transferring property ownership.
With a Cap Cana villa for sale presenting a unique blend of luxury living and investment growth, the Dominican Republic’s real estate market stands out.
For those seeking an exotic yet secure property investment, the Dominican Republic, and more specifically, Cap Cana, is undoubtedly a destination to consider.
Frequently Asked Questions
Is it a good investment to buy a condo in Dominican Republic?
Yes. Buying a condo in the Dominican Republic is a smart choice because it offers the potential to earn rental income from tourists.
The property is often affordable, its value may increase, you can enjoy tax benefits, there are many beautiful locations to choose from, the country’s economy is stable, it’s foreigner-friendly, the real estate market is growing, and it diversifies your investments.
Where is the safest place to buy a home in Dominican Republic?
Punta Cana is widely renowned as one of the most secure and tranquil areas within the Dominican Republic.
Its reputation for safety is well-deserved, thanks to its notably low crime rates and the presence of a robust and vigilant police force dedicated to maintaining peace and order.
This sense of security is further reinforced by the numerous gated communities that dot the landscape, providing residents with an additional layer of protection and a heightened sense of well-being.
Why is Cap Cana so expensive?
Cap Cana provides a variety of high-end accommodations, including luxurious villas, condominiums, and large properties.
These accommodations are typically located in premium spots, such as by the beach or overlooking golf courses, making them very desirable but also quite pricey.
Additionally, Cap Cana is famous for its exceptional facilities, such as top-notch golf courses, marinas, spas, and fine dining restaurants.
Is buying property in Punta Cana a good investment?
Yes. Punta Cana has seen property values rise consistently because it’s a hot spot for international buyers and tourists. This means there’s a good chance your investment will increase in value over time.
Additionally, the stable government in the Dominican Republic, where Punta Cana is located, creates a positive environment for property investments.
And the cherry on top: there are tax benefits for real estate investors, like exemptions from capital gains tax and property tax in the first few years, which can boost your overall return on investment.
Are high cap rate properties better investments?
Yes. A higher cap rate may initially seem enticing because it offers the potential for a higher return on investment.
However, it’s essential to understand that a higher cap rate typically goes hand-in-hand with a higher level of risk.
Properties with higher cap rates are often associated with factors like lower property values, less desirable locations, or properties in need of significant improvements.
Is it smart to buy property in Dominican Republic?
Sure. The Dominican Republic has a stable government and tax incentives for real estate investors, including exemptions from capital gains and property taxes during the initial ownership years.
Its popularity among international buyers and tourists has led to steady property appreciation, offering the potential for long-term investment growth.
How much is condo insurance in Dominican Republic?
The Dominican Republic’s property insurance is approximately 0.8% of the purchase price. This policy provides coverage in the event of unexpected occurrences or accidents that could cause damage to your property.
What is special about Cap Cana?
Cap Cana boasts one of the world’s most stunning marinas, renowned and recognized by global publications for its exceptional fishing opportunities.
Adding these attractions to Cap Cana’s crystal-clear waters and pristine white sand beaches makes it one of the most enchanting and sought-after vacation destinations globally.
How safe is Cap Cana Dominican Republic?
Cap Cana in the Dominican Republic is considered a safe tourist destination, but safety can vary depending on the specific area and circumstances.
Is condo a better investment?
Investing in a condo can be a smart move. Firstly, condos are often more budget-friendly than purchasing a whole house, making them an excellent entry point for individuals looking to start real estate investing without depleting their savings.
Additionally, condo associations typically handle various maintenance tasks, so you won’t have to worry about repairing the roof or maintaining the lawn.
Moreover, many condos offer enticing amenities such as pools, gyms, and security services, making them highly appealing to renters and allowing you to charge higher rents.
Why invest in Cap Cana?
Investing in Cap Cana, a luxurious resort and real estate development in the Dominican Republic, offers several advantages.
You can generate rental income from the area’s popularity with tourists, benefit from property appreciation as the destination gains more attention, and enjoy high-quality amenities and safety measures.
Is Cap Cana better than Bavaro?
The choice between Cap Cana and Bavaro depends on your preferences and priorities. Cap Cana offers luxury and exclusivity, making it suitable for those seeking upscale tranquility.
On the other hand, Bavaro is more accessible and provides a variety of resorts and activities, making it a better choice for those who prefer a vibrant tourist scene.
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