209 M² Two Bedroom Angsana Branded Residence Facing Las Iguanas Golf, Cap Cana

Location: Wave Garden stands in the Las Iguanas sector of Cap Cana, Punta Cana, on the eastern coast of the Dominican Republic. The building faces holes 7 and 8 of the Las Iguanas golf course, a Jack Nicklaus signature design, sits a few steps from Juanillo beach, and is five minutes from Punta Cana International Airport.

The residence:
- Reference: Wave Garden, two-bedroom residence, 209 m², priced at US$900,000, or US$4,306 per m²
- Bedrooms: 2. The project’s two-bedroom line is coded by the developer as 201 (standard), 204 (terraced), 205 (penthouse) and 206, 207 and 208 (corner penthouse with plunge pool)
- Outlook: golf. Every residence in the project is sold with a view over the Las Iguanas course
- Terrace: the architecture multiplies terraced apartments, and the terraces are drawn in different shapes from one another
- Operation: the residences carry the Angsana name, and the hotel operator runs the rental programme from bookings to maintenance
- Context: one of up to 296 residences of one, two and three bedrooms built on a 45,000 m² plot

Design and finishes:
- Architecture by a Spanish practice whose awards include the OPAL 2021 prize for architectural design
- Finishes specified by the developer as luxury finishes
- Plunge pools on the corner penthouses of the two-bedroom line, units 206, 207 and 208
- Branded residences operated under Angsana, a hotel brand launched in 2000; its group reports 90 hotels across four continents and 60 more in development

Amenities:
- Tennis
- Fitness centre
- Spa
- Mini golf
- Coworking
- Sports bar
- 45,000 m² site carrying up to 296 residences, all sold with a golf view

Within Cap Cana, beyond the project itself:
- Marina with more than 150 berths, able to receive yachts of up to 150 feet
- Punta Espada golf course, also a Jack Nicklaus design
- Juanillo beach, a few steps from the building
- Equestrian centre with two polo fields, two show-jumping arenas and one covered arena
- Scape Park

Availability snapshot:
- 237 residences currently available in the project
- One, two and three bedrooms, in standard, terraced, penthouse and corner-penthouse layouts
- Entry price on the current availability list: US$213,000
- Starting prices published by the developer: one-bedroom from US$253,000; two-bedroom from US$335,555 (201 standard), US$482,000 (204 terraced) and US$515,000 (205 penthouse); three-bedroom from US$487,450 (301 standard) and US$610,000 (304 terraced)

Investment snapshot:
- The residences work as a condo-hotel: the owner joins the rental programme run by the hotel operator, which handles reservations, marketing and maintenance
- Profit split published by the developer: 75% of net profit to the owner, 25% to the management company, after operating and maintenance costs are deducted
- The developer’s return model is built on 28 nights of owner use a year: the nights the model assumes the owner keeps for himself, and therefore does not place in the rental pool
- The programme provides for owner use of up to 60 nights a year, with the seasons set by the operator
- The developer states its projections use rates and occupancies estimated after ramp-up, from year 4 onward, with occupancy and rate inputs supplied by the hotel operator’s commercial team
- Operating costs in the model include energy, marketing and lodging expenses, on the chart of accounts approved by the American Hotel & Lodging Association for hotels and condo-hotels
- A unit-level return table exists for the 206, 207 and 208 corner penthouses and can be requested
- These are the developer’s estimates, not a guarantee; results vary by unit and market

Payment and delivery:
- Reservation: US$5,000
- Promise-of-sale contract: completing to 25% of the price
- During construction: 55%
- On delivery: 20%
- Schedule declared by the developer: construction start March 2023, delivery March 2025
- Prices and payments in US dollars

Buying in the Dominican Republic — for international buyers:
- Foreigners own freehold with the same rights as nationals; title is held under the Torrens registry as a Certificado de Título recorded in the buyer’s name
- The purchase can be completed remotely under a power of attorney, apostilled or granted before a Dominican consulate
- Pricing is in US dollars, and there is no restriction on repatriating rental income or resale proceeds
- A property purchase can support an application for Dominican residency
- Punta Cana International Airport is five minutes from the project

Offered by Suisse Immobilien Group: a Swiss group that follows the property from selection through to closing, with people on the ground in the Dominican Republic and work carried out in English, Spanish, Italian, French and German. Ask us for the current availability list, the floor plan of this residence and the developer’s rental study.