2 Ocean-View Villas in Playa Coson

  • $450,000

2 Ocean-View Villas in Playa Coson

  • $450,000

Details For

2 Ocean-View Villas in Playa Coson

  • $450,000

Description

Located in the hills of Cosón, Las Terrenas, Dominican Republic, this exceptional investment property features two fully furnished villas with private pool, panoramic ocean and mountain views and 4,249 square meters of tropical land.

Positioned approximately 100 meters above sea level inside an established residential community, the property offers privacy, natural beauty, and strong rental income potential — just minutes from Playa Cosón and downtown Las Terrenas.

Property Overview

  • Total Land Size: 4,249 m²
  • Two Identical Villas
  • Approx. 120 m² per villa (240 m² total construction)
  • 4 Bedrooms | 4 Bathrooms (2 per villa)
  • Private 8 x 5 meter swimming pool
  • Tropical garden with fruit trees
  • Parking for 4+ vehicles
  • Fully furnished & rental ready
  • Asking Price: USD $450,000

The Villas

Each two-level villa is designed for comfort, privacy, and rental functionality.

Ground Floor

  • Covered wooden deck terrace with outdoor seating
  • Spacious living room with sleeper sofa
  • Open-concept modern kitchen (renovated 2022)
  • Dining table seating 4–6 guests
  • Guest bathroom

Kitchens include stove, refrigerator, sink, and full rental-ready equipment.

Second Floor

  • Two bedrooms per villa

    • One king bedroom
    • One twin bedroom (convertible to king)

  • En-suite bathrooms in each bedroom
  • Air conditioning & ceiling fans
  • Shower, toilet, and sink in each bathroom

Both villas are move-in ready and professionally equipped for short-term rental.

Private Pool & Outdoor Living

The villas are positioned on either side of an 8 x 5 meter swimming pool surrounded by a coralina stone terrace.

Features include:

  • Two built-in concrete lounge sofas
  • Outdoor showers
  • BBQ area
  • Technical pool room with pump and filtration system
  • Laundry and storage area

The layout is ideal for dual rental or multi-family living.

Tropical Garden & Land

The expansive 4,249 m² lot offers:

  • Mango trees
  • Avocado
  • Coconut
  • Orange
  • Passion fruit
  • Banana & plantain

This large parcel also provides future expansion or additional construction potential.

Infrastructure & Amenities

  • CCTV security system
  • Inverter system with 8 batteries (power backup)
  • Solar boiler for hot water
  • Gravity-fed water supply
  • Central WiFi system
  • Parking for minimum 4 vehicles
  • Additional technical storage area

Electricity and internet contracts are arranged directly with local providers.

Prime Cosón Location

Situated in the mountains of Cosón, this property enjoys:

  • Panoramic ocean views
  • Mountain views
  • Cool hillside breezes
  • 5–10 minutes to Playa Cosón
  • Short drive to Las Terrenas town

Cosón is one of the most desirable and appreciating areas in Las Terrenas, known for luxury villas and high rental demand.

Proven Rental Income

The property has been successfully rented since 2012 through major platforms including:

  • Airbnb
  • Booking.com
  • Expedia

It produces consistent rental income and offers excellent ROI potential for investors seeking a Caribbean income property.

Exceptional Value – Below Replacement Cost

Current Cosón land values range between USD $65–$100 per m².
Average construction costs in the area are approximately USD $1,200 per m².

This property is priced below combined land and reconstruction value.

Value Breakdown:

  • Land: 4,249 m² x $65 = $276,185
  • Construction: 240 m² x $1,000 = $240,000
  • Pool, terrace, furniture, infrastructure
  • Investment Discount Applied

Total Asking Price: USD $450,000

Price excludes buyer closing costs and transfer tax.
Title registration into buyer’s name is included once purchase conditions are fulfilled.

Why This Property Is a Smart Investment

✔ Dual-villa rental income
✔ Large development-sized land parcel
✔ Ocean views in premium Cosón location
✔ Below replacement cost pricing
✔ Fully furnished and operational
✔ Strong appreciation potential

Overview

  • 4249
  • Lot Sq Mt
  • 4
  • Bedrooms
  • 4
  • Bathrooms

Amenities and Features

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