Cocotal Golf & Country ClubMultifamily portfolioFeatured

Cocotal: Premier Multifamily Golf Course Portfolio

Thirty-six income-generating residences within Bávaro's most prestigious gated golf community, steps from Meliá's amenities.

Asking price

$5,500,000

Cocotal: Premier Multifamily Golf Course Portfolio

Bedrooms

Bathrooms

Interior

Type

Multifamily portfolio

Reference

COCOTAL-

About the residence

01

Within the serene gates of Cocotal Golf & Country Club, discover an unparalleled investment. This distinct portfolio comprises four independent buildings, presenting 36 residences: a blend of one-bedroom retreats, expansive two-bedroom apartments with private terraces, and luxurious three-bedroom penthouses featuring mezzanines. Each building offers controlled access, dedicated parking, and a private pool, all set against the verdant expanse of a 27-hole championship golf course. Cocotal Golf, meticulously designed by José "Pepe" Gancedo, provides more than just leisure; it ensures enduring value and unobstructed vistas. The complex is currently under lease to Meliá Hotels, generating a substantial net income of US$300,000 annually through 2028, with no renewals required, offering immediate and stable returns. This off-market offering transcends a mere property acquisition; it's an economic engine. Priced significantly below market comparables at US$152,777 per unit, the pro-forma projects an impressive US$1,416,000 in annual gross revenue through a vacation rental model. Stabilized net operating income is forecast at US$721,880, yielding a 12.03% net ROI, with strategic growth pathways pointing to over 20% annually. Ownership grants exclusive access to the highly coveted Beach Club at Meliá Caribe Beach and Paradisus Palma Real, enhancing the guest experience for short-term rentals and elevating property desirability. This portfolio represents not just a current income stream, but a strategic high-growth asset, with an estimated resale value exceeding US$8.5 million within 5-7 years. Seize this unique opportunity to own a significant revenue-producing asset in one of the Dominican Republic's most sought-after luxury destinations, fortified by prestigious golf course frontage and world-class resort affiliations.

Features & amenities

02
  • 36 contiguous golf-front apartments
  • Four private buildings, shared pools
  • 27-hole José Gancedo golf course views
  • Controlled access, assigned parking
  • Meliá Hotels lease income until 2028
  • Access to Meliá/Paradisus Beach Club
  • 12.03% projected stabilized net ROI
  • Below market comparable unit price
  • Path to 20%+ annual returns
  • Projected US$8.5M+ resale (5-7 yrs)

Location

03
Neighborhood
Cocotal Golf & Country Club
Area
Bávaro, Punta Cana
Country
Dominican Republic

Cocotal Golf & Country Club

Private viewing on request

Gallery

6 images
Cocotal: Premier Multifamily Golf Course Portfolio — view 2
Cocotal: Premier Multifamily Golf Course Portfolio — view 3
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Cocotal: Premier Multifamily Golf Course Portfolio — view 6