Ocean Bay
Ocean Bay, Punta Cana’s premier first-class luxury development designed and created to experience a new lifestyle. Imagine a home not only defined by sophisticated style and luxurious finishes but equipped to deliver legendary experiences and services.
Ocean Bay provides luxury living in one of the world’s most exciting, colorful, and stunning destinations in the Caribbean. In addition, the location is on the last beachfront plot of the world-famous beach of Bavaro, Punta Cana. This offers proximity to the airport, luxurious shopping malls, the finest restaurants in the area, and a five-star condo hotel service.
Accommodations
Notably, the best accommodations for real experiences, the private amenities include an infinity pool with ocean view, local-inspired spa and fitness center, global-inspired restaurants, the kids club, and a fresh market. From concierge services to a dedicated residential management team, a lifestyle of privacy and comfort await.
In addition, spacious floor plans with balconies that leave nothing between you and captivating oceanfront lifestyle. Each of the residences is also complete with flow-through layouts, impeccable finishes and fixtures, and large bedrooms.
The private rooftop penthouses are the crowning achievements of richly rewarding lives. Each of the residences can add jacuzzi, garden terraces, and summer kitchens. Therefore, as an owner, you will be able to hear and sense the ocean, but surrounded only by clouds and blue sky.
Oceanfront – 3 bedroom- 248.46 m2 (2,674ft2) – Starting 779,000 USD
Pool view – 2 bedroom – 132.45m2 (1,426ft2) – Starting 334,000 USD
Pool view – 1 bedroom- 82.89m2 (892ft2) – Starting 214,000 USD
Quality
The combination of high-quality materials and the impeccable technique results in a design that goes beyond the visual and functional. Such as, European finishes: Stosa kitchens, German Hansgrohe faucets, Duravit bathroom pieces, Italian porcelains, and coatings, quartz countertops, zoned central A/C, including electric appliances: stove, range hood, and oven.
Tax Exemption
Also benefited from Law 158-01 (CONFOTUR) and will be exempt from tax on transfers of property rights, 3% of the property value; and, exempt from annual real estate tax (IPI) for 15 years, which is equal to 1% of the assessed value of the property.
Management & Community fees
Maintenance fees vary from $250 US up to $450 US depending on size and number of bedrooms. In addition, the developments 5 Star management service is led by an international company is offered with an estimated annual return between 5 % to 7%. Therefore, it is completely hassle-free, the revenue is divided 70% for the property owners and 30% for the management company.
Payment Plan
Reserve with US $10,000, complete 20% within 30 days, 4 payments of 15% during construction, 20% upon delivery.
Furniture package
Lastly, we offer a furniture package that is available for purchase closer to the delivery date: estimated to be January 23rd, 2020.
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