Las Terrenas condo vs studio (help pls :) )

susan&Eric

New member
Aug 5, 2006
19
0
0
Hi,
I would appreciate your opinion about a potential investment I am
considering in Las Terrenas. I am looking at investing in a new project
called Jardines de Coson which will be located 2 kilometers from the
center of Las Terrenas on Coson Bay. The development will be a
mixture of condos, studios and villas in a gated community. The condos
and studios are all sold out and I have an option to buy a studio and am waitlisted for a condo. My questions are as follows:

1) Would a 1 bedroom condo rent out better than a studio?
2) Do you see any value to owning 1800 sq. ft. of land with the studio?
(Only a few studios have land with them and none of the condos have
land with them).
3) Would people be interested in renting a studio that does not face the
water or pool but faces into a coconut field?
4) How challenging do you think it will be to re-sell the studio in 5 yrs?

Thanks for your help. I am a new investor and this opportunity was just presented to me in DR. I like what I have read about the potential future of DR.

Susan
 

Rocky

Honorificabilitudinitatibus
Apr 4, 2002
13,993
208
0
112
www.rockysbar.com
You ask some great questions, and any answer I could give you would just be conjecture or a wild guess.
The real difference will be how good a location it is and how well it is & will be managed.
Maybe there's a DR1 member out that way who has the inside scoop on the place.
Hope so.
 

susan&Eric

New member
Aug 5, 2006
19
0
0
Thanks!!!

Thanks Rocky,

I'm hopeful someone knows about this new mini resort and can shed some light on a studio vs condo concept.

Have a great weekend!!!

Susan