Panoramic Ocean View Villa with Renovation Potential in the Hills

El Jamito, Las Terrenas
$320,000$804/m²
1 / 23
12.2% gross yield
3
Bedrooms
3.5
Bathrooms
398 m²
Built
2,500 m²
Lot
2
Parking spots

The best of this property

  • 12.2% gross yield

    Evalua rental estimate for this area and property type.

  • Ocean view

    The sea is visible from the property.

  • Rooftop terrace

    Your own space up top, with open views.

Description

Experience the Dominican Republic at its most dramatic in this exceptional ocean-view property nestled in the hills of Las Terrenas, in the sought-after El Jamito area. This three-bedroom, 3.5-bathroom house spans 398 sqm of interior living space across three levels, making it the perfect canvas for those who love to entertain or seek a spacious family retreat. With a total usable surface of nearly 600 sqm — including terraces, balconies, an outdoor dining area, and a rooftop space — this property offers an extraordinary amount of room to live, relax, and reimagine. Set on a generous 2,500 sqm lot and accessed via a private paved road, the property sits in a quiet, private neighborhood of individual homes in the lush hills above Las Terrenas. Possibility to build 2 bungalows with independent access from the main house. The standout feature is the unobstructed 180° panoramic ocean view, visible from multiple levels of the home. The structure is very solid and the property is livable today, while offering compelling renovation potential: a light renovation under $50,000 delivers a highly comfortable home, while a full transformation up to $150,000 could create a premium hilltop villa. Add a pool on the rooftop, create outside living space or add an extra bedroom; the possibilities are limitless. This property comes with a clean Certificado de Título. At USD 400,000 for 2,500 sqm of titled land with a large multi-level structure and panoramic views, the price-per-square-meter represents strong value in today's Las Terrenas market, particularly given the appreciation trajectory of hillside ocean-view properties in the area. Whether as a primary residence, a luxury vacation home, or a high-end rental investment, this property is a rare opportunity to own a piece of the Caribbean with real upside potential. Book a viewing today.

Features

Ocean ViewMountain ViewPrivate GarageRooftop TerraceGardenTerracePrivate Parking

Investment analysis

Data from Evalua.do · September 2026
12.2%
gross yield
4.1%
net yield
$3,257
est. income/mo
46%
est. occupancy
See the full breakdown
Rental income is estimated from the Samaná average for 3 bedrooms: $234 a night. If you think this property rents for less, the yield drops in the same proportion.
Price vs. the area
This property$804/m²
Median in Las Terrenas — Inland / Value & Land$1,958/m²
Difference-59%
Asking-price index by Evalua.do · 92 comparable listings
Estimated closing costs
Transfer tax$9,600
Legal fees$3,200
Notary$1,600
Registration$640
Title search$350
Survey (deslinde)$500
Estimated total$15,890
With CONFOTUR you would save $9,600 in transfer tax. See CONFOTUR properties.
Estimated annual costs
Annual property tax (IPI)$1,380
Insurance$1,560
Maintenance & repairs$6,400
Utilities & cleaning$5,880
Rental management$9,618
Platform commission$1,173
Estimated total$26,011≈ $2,168 per month
Management and commission only apply if you rent it out.
Estimated gross income$39,089
Left over per year (estimated)$13,078
Gross income minus the annual costs above.
Est. closing costs · $15,890See report

Location

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