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Dominican Republic > Puerto Plata > Cafemba

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RD$16,195,142

(USD 275,000)

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House 5 bedrooms
For Sale
Cafemba
Dominican Republic

Panoramic ocean view house and 2 apartments, North Coast, Puerto Plata
10 minutes from the POP airport
Includes 2 apartments
Lot size: 611 m2
Constructed Area: 315 m2 (3,400 sq ft)
Furnished: yes Major Appliances: mostly new
Enough space to build a swimming Pool with 180 degrees of panoramic ocean view. Approximately cost $20,000
Own water well Power: 2.4 kW inverter w/4 batteries
Air-conditioned: 4 bedrooms (of house and 2 apts)
Roof recently painted
Laundry room with GE washer
3 separate electricity meters
Two separate apartments: with one bedroom and one bath each (curtains added since photos)

Special Features:
� Good condition, newly updated
� Solid and earthquake resistant construction method, built on rock
� Good privacy, few sources of noise and traffic, a comfortable distance from Ocean breakers
� Elevated location providing cooling breezes year-round and spectacular panoramic ocean
views
� The advantage of the louvered windows allows for ideal settings to manage the breeze,
making this one of the coolest homes we know
� A very unique feature of this house is that you can see the ocean from every part of the
house: living room, dining room, kitchen, bedrooms, bathrooms and from both
apartments
� Ample windows and glass sliding doors create a bright, happy environment
� Cathedral ceilings throughout the house and one apartment
� Updated refrigerators and stoves
� 4 split type air conditioners
� Tastefully furnished living and dining area
� Abundance of storage space and closets
� Own well (water always available) with an automatic system for filling of cistern
� Water cistern and high-quality fiberglass pressure tank
� Rooftop water tank (`tinaco`)
� Two big terraces, one with wide ocean views over lush green tree-tops and palms, the
other roofed and sheltered
� Big garage with secure walk-in tool closet
� 2 Separate ocean-view apartment for guests or for rental income, fully furnished
� Extra separate or connected with the main house apartment, fully furnished
� Secure and mature small garden
Location:
� Costambar, a large, securely gated, well-organized community, near Puerto Plata
� The largest and most beautiful beach (with quiet or lively stretches) of any gated
community
� Close ocean views made possible by the natural hilly landscape (and by the legislated
absence of high-rises)
� Charming 9-hole golf course with beautiful 100-year-old Mango trees brand new club
house restaurant, ultramodern spa with countless high-end amenities, such as hair salon,
sauna, steam bath, large gym, swimming pool, tennis, offering laser treatment,
reflexology, physical therapy and many different beauty- and massage treatments
� Several tennis courts, some next to the beach
� Excellent international restaurants within the community and nearby
� Luxury hotels nearby, as well as small hotels within the gated community
� A historic port city is within a few minutes by car
� The International Airport is only 35 minutes away
� The cruise ship port is nearby. Cruise ships sail within view from the house on several
days of the week
Weather:
The weather is mild and free of the temperature extremes of Florida and another continental
states/countries. The steady year-round breeze makes it comfortable without the need for air
conditioning during most of the year. September 15 to October 30 is the hottest time (absence of
the breezes).
Hurricanes:
No hurricane has been recorded in this area in over 125 years, as it is protected by mountain
ranges. This is not a well-known fact. Once this information becomes widely appreciated, it will
create an additional exclusive demand for housing on the North Coast.
Comparative value:
The house is moderately priced, considering the prices being asked for some of the larger houses
in less unique areas. A USD 550,000.00 house is across the street, another one for USD
900,000.00 is an upscale enrichment for the neighborhood.
Investment value:
Costambar has a 24 hour electric power circuit. The area west of Puerto Plata has and will receive
increased investor attention and name recognition due to the Ocean World marine mammal park
and its upscale marina and casino complex and because of the excellent hotels in the area. The
addition of a swimming pool would make this a very competitive large property for weekly
rentals.
The two apartments and the house can be separated into three condominiums, each with its
separate title, which would result in marketing at superior value.

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