Full Ownership $144,000 and up - Condo Hotel
New Condo Hotel Resort – Dominican Republic
This resort will be a four-star hotel and resort in a new gated residential complex. It will have a variety of condo hotel units, condominium residences, bungalow suites, and villas, all of which will be sold to individual investors. Owners of the condo hotel units will be expected to participate in the hotel’s rental program to generate revenue when not using their vacation home. Condos, bungalows, and villa owners will have the option of participating in the rental program.
The property will have everything you’d expect in an upscale development, including swimming pools, a fitness center, restaurants, and retail. The resort is right on Playa Palenque Beach.
Condo Hotel/Residential Unit Pricing:
Units range from 344 square feet to 2,369 square feet.
Intended Star Rating: 4-star resort property.
Construction Start Date: Construction will begin approximately January 2023.
Construction Completion Date: Construction will be completed in early 2024.
Stories: The condo hotel and residential buildings will consist of 3 stories.
18 total buildings consisting of:
- 6 consisting of condominium residences
- 1 main building with condo hotel units
- 7 villas
- 4 bungalows
91 residences in total consisting of:
- 44 condo hotel units
- 36 condominium residences
- 4 bungalow suites
- 7 villas
Views: Most residences will have an unobstructed and breathtaking ocean view. Most units will have private, glass-walled balconies overlooking the turquoise waters of the Caribbean Sea.
Condo Features/Amenities:
- Spacious lobby and reception area
- Restaurants including one fine dining restaurant
- Lounge & pool bar
- One large pool overlooking the ocean
- 2nd pool is exclusively for condo residences