Pre-Construction Caribbean Beach from $140s!Wyndham Resorts from the $140s
Wyndham Resorts pre-construction, single-bed beach condo hotels from the $140s. Two-bedroom beach condos from the low $300s! Directly on Playa Palenque Beach in the Dominican Republic! Just two hours from Miami and less than four hours from New York. The Dominican Republic is the Caribbean’s most diverse country with some of the world’s prettiest beaches, world-class golf and 29 national parks.
Directly on Playa Palenque Beach in the Dominican Republic from Wyndham Hotels & Resorts, traditional or hotel condos from the $140s. Buyers can choose from a variety of options, including single-bedroom condo hotel units, hotel bungalow suites, condo residences and three-bedroom villas that come with private pools. Units range in size from 344 sq. ft. to 2,369 sq. ft. Pre-construction prices start at $144,000 for a single-bed beach condo hotel and go up to over $550,000. Units that are to be placed in the rental program will be delivered fully furnished.
The condo hotel and residence buildings will consist of three floors and 18 total buildings: six condominium residences, one main building with condo hotel units, seven villas and four bungalows. Most of the residences will have breathtaking ocean views, glass-walled balconies overlooking the turquoise waters of the Caribbean Sea.
Features, services and amenities:
- Restaurants including a fine dining restaurant
- Spacious lobby and reception area
- Lounge & pool bar
- 1 large pool overlooking the ocean
- 2nd pool exclusively for the condo residences
- Fitness center with yoga and martial arts studio
- Full-service spa with two saunas and Turkish bath
- Sports, activities and recreational area
- Shopping area
- Meeting rooms
- Kids Room
- Concierge and special guest services for booking restaurant reservations, spa appointments, & sightseeing excursions
- In-house management company to market and rent units for owners
- 24-hour manned security and CCTV surveillance monitoring
- Valet parking
- Room service
- Housekeeping services
All the condo hotel units that are placed in the rental program (optional for residences, bungalows and villas) will have nautical, island-inspired furnishings and finishes included in the price. Everything plus a few extras:
- Balconies come furnished with chairs and sun-loungers
- Solid oak wood doors complete with contemporary hardware
- State-of-the-art smart locking system
- Plasma HD TV and credenza in bedrooms and living room
- Ceiling fans for living room & bedrooms
Beach location on the coast of the Caribbean Sea near San Cristóbal. Unobstructed views of the ocean with a beautiful dark-sand beach. Convenient to a multitude of dining options, entertainment and shopping.
Condo Hotel Use: Owners of the condo hotel units are entitled to occupy their residence for a period of up to three months each year, divided into peak and non-peak seasons with no blackout dates. The rest of the time, the unit must be in the hotel’s rental program to generate revenue, which is split between the owner and resort.
Residence owners who opt not to participate in the rental program may use their unit as much as they’d like without any restrictions. Any owner opting out of the rental program can use their unit as they wish and furnish it any way they’d like.
Rental Split: After a 10% management fee and 4% reserve for replacement, revenue is split 60-40 favoring the unit owner.
Construction is expected to begin about January 2023 with completion estimated early 2024.
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