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Outstanding Oceanfront 2BR Penthouse in Cabarete Center

  • 375,000 USD
For Sale (USD) Ocean view
Outstanding Oceanfront 2BR Penthouse in Cabarete Center
  • 375,000 USD

Details

  • Price: 375,000 USD
  • Property Size: 234 m²
  • Bedrooms: 2
  • Bathrooms: 2,5
  • Property Type: Apartment
  • Property Status: For Sale (USD)

Description

Welcome to El Magnifico Condo-Hotel

Looking for an outstanding oceanfront 2BR penthouse in Cabarete Center?

El Magnifico created its first building in 1988. Success of this venture provided investors for building 2 in 1994, building 3 in 1999, buildings 4 and 5 in the fall of 2002 and building 6 in 2007. Several units have been sold 2 or 3 times over since their original purchase and have always earned owners a profit.

El Magnífico is located on the beachfront in Cabarete, just one minute from downtown Cabarete, close to restaurants and local activities. It is less than 100 meters from the Janet’s supermarket, offering maximum convenience for guests. Besides, it is surrounded by pristine nature, where tranquility, lush tropical vegetation, and the sounds of the ocean create a perfect atmosphere for relaxation.

El Magnifico luxury condominiums and apartments are a perfect investment for those who frequently holiday in Cabarete and look for an investment that will provide them with a stable yearly income.

Purchase units include the following advantages:

  • No time limits for owner occupancy of unit since March 2026
  • A rental management structure that strives for maximum return on investment
  • Daily maintenance & management of all units and property
  • Individual electric meters and billing for all units

Outstanding Oceanfront 2BR Penthouse in Cabarete Center

Do you like the art-deco and distinctive uncommon design? Then this property will literally blow your mind.

Right from the entrance, the building architecture impresses with its very peculiar design. It is completed with a lush and perfectly-manicured garden masterly combining succulents and tropical palms.

To continue with the interior, this oceanfront 2BR penthouse presents a very convenient layout. It allows to rent one of the bedrooms as a completely separate unit with its independent bathroom and access door. Whereas bigger groups may opt for renting it with both bedrooms that connect through a spacious and well-lit living room facing the ocean.

The rooftop terrace is another jewel of this oceanfront 2BR penthouse. Accessible by a vintage spiral staircase directly from the living room, the terrace offers stunning 180 degree ocean views. There are comfortable sun lounges, an exterior shower as well as a small table for outside dinners.

If you look for an oceanfront location, proximity to the supermarket and other key town amenities, reliable condo management and stable rental program, this oceanfront 2BR penthouse is your infallible solution.

Contact us today to organize your viewing before this charming gem get snatched by another investor.

Address

  • Address Hotel Magnifico, Cabarete
  • City Cabarete
  • State/county Puerto Plata
  • Zip/Postal Code 57000
  • Area Magnifico

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Pierre Dardelet
  • Pierre Dardelet