31/05/2018
Is Santo Domingo the World’s Next Big Property Market?
Offshore Living Letter dot com seem to believe so, and we agree!
Here is a huge Penthouse Condo at a great price to get you started.
The oldest city in the new world with a population of almost 4 million is a true growing metropolis.
The Dominican Republic and Santo Domingo in particular is enjoying continued strong growth due to foreign investment, and impressive tourism numbers which topped 6.5 million in 2017.
You may have missed the market opportunity in Panama City where the average price per square meter ranges from $2500-$2800USD, but Santo Domingo city is also set to boom! Currently Santo Domingo city average per square meter prices range from $1200-$2000USD, we have a great deal on a huge Penthouse that is priced at $590USD per square meter.
Originally $220,000USD, now reduced to $195,000- Huge Penthouse Condominium- El Millon, which borders the city centre, Santo Domingo, Large 330 sq. meter or (3552 sq. ft.) 3 bedroom 5 bathroom. Rental for $1500/month.
This is the one of the largest Penthouse in the area and the best value. -Included 6 solar panels on rooftop for cheap and reliable electricity. -The enormous master bedroom is located on the 2nd level. -The Penthouse has a 6th floor view of the mountains and sunset. -It has a nice balcony on 5th floor and large (52sq.m.) private terrace on the 6th floor. The building has an elevator and is very close to 3 supermarkets, multiple banks and schools, and a large park with a 6km walking path. Quiet safe location on a Dead End Street. Details: 3 bedroom plus a study. Each bedroom has a full bathroom and 2 other half bathrooms. Huge master bedroom separate on 6th floor with walk in closet and full bath. (33 sq.mtrs./ 355 sq. ft) Area for maid quarters includes a full bathroom and laundry area. 5th floor has a nice balcony. 6th floor large terrace with bar, ½ bath, and BBQ area. (52 sq.mtrs. / 560 sq. ft.) Large American style open kitchen with granite counters. 2 large separate parking stalls can accommodate 4 vehicles Building has a generator power backup, 24/7 security man, 6 solar panels/ invertor / 8 batteries First Owner-built 2013- To see photos of this listing LIKE our page and go to the Photo Albums of this page.