Wednesday, September 28, 2011
It’s an appealing Caribbean home…
When you’re buying a second home in the Caribbean, you’re probably thinking of lazy days at the beach…floating in turquoise seas…and soaking up some tropical rays on coral sand beaches.
But what if your new home could earn some dollars when you weren’t there?
Take this four-bed four-bath home. It fits the bill perfectly for a Caribbean vacation home.
It’s in Las Terrenas in the Dominican Republic. Las Terrenas combines a Caribbean beach town, with understated European style. Its chic edge makes it appealing to independent foreign tourists. Plus, it’s a popular choice with locals from the island’s capital city, Santo Domingo, for weekends and vacations.
The home’s open-plan layout includes a living space that opens onto a large terrace with a deck and swimming pool. The kitchen’s American-style. The main house has three bedrooms and bathrooms. The fourth bathroom and bathroom are in a guest bungalow, beside the swimming pool.
There’s 220 square meters (2367 square feet) of living space, set in a spacious plot. It’s in a small private community of seven villas. It’s only 200 meters to a pretty beach. It’s also a short walk to restaurants, cafes, and grocery stores. It’s got a great central location… one that appeals to both owners and renters.
Based on current rental income and occupancy…and the full $285,000 asking price…it could generate a healthy 8%-9% rental yield annually.
So it’s not just the perfect relaxing vacation home…it could help cover its costs, too.
If you’d like to know more, use this form to contact our local broker contact, Toni Green. Mention Casa Daniela, and Toni will send you a full information pack.