Bavaro - Apartment, is this a good price?

Johy

New member
Sep 15, 2003
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www.worldisround.com
Hi,

I'm being offered an apartment (project is under construction) on Bavaro, 300 m from the beach (El Cortecito) for USD 112,000.

This is a 2 bedroom and 2 bathroom apartment, 100 sqm. Is a 7 buildings projects with two pools (Total of apartments 42)

Would this be a good investment if I'm looking at the possibility of renting it later?


I'm really tempted but I'm dominican and is a lot of money for me. So my main question is this really a good investment???

I'm planning a trip there to check the location.

For how much can I rent a place like this in Bavaro?

Johy
 

jzkbbi

New member
Mar 1, 2007
36
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0
Hi,

I'm being offered an apartment (project is under construction) on Bavaro, 300 m from the beach (El Cortecito) for USD 112,000.

This is a 2 bedroom and 2 bathroom apartment, 100 sqm. Is a 7 buildings projects with two pools (Total of apartments 42)

Would this be a good investment if I'm looking at the possibility of renting it later?


I'm really tempted but I'm dominican and is a lot of money for me. So my main question is this really a good investment???

I'm planning a trip there to check the location.

For how much can I rent a place like this in Bavaro?

Johy
What is the development?
 

jzkbbi

New member
Mar 1, 2007
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Not to split hairs, but it seems that development is more like 650 meters from the beach, and that is a straight line. More if you count the actual walk to the beach.
 

mido

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May 18, 2002
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Not to split hairs, but it seems that development is more like 650 meters from the beach, and that is a straight line. More if you count the actual walk to the beach.
But the price seems to be alright, will go and have a look at the condos.
 

jzkbbi

New member
Mar 1, 2007
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The Development looks just like El Dorado. I wonder if there is any relationship between the builders/developer.
 

paradise07

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Jan 6, 2007
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Just wondering if you ever ended up buying in this project....Phase 2 is now at 143K and Phase 3 at 153K.....You would have made a little but of equity already....