Apartments for Sale in Punta Cana at Bonita Cap Cana

Yes, you can find apartments for sale in Punta Cana, and at Bonita, this means owning a new beachfront residence inside the exclusive resort community of Cap Cana. Our 565 residences, scheduled for delivery in 2029, offer foreign buyers the same full property rights as Dominican citizens, combined with significant tax advantages under the CONFOTUR law.

What types of apartments are available at Bonita?

Bonita offers a range of residences designed for beachfront living, from one-bedroom suites to expansive four-bedroom penthouses. In total, the project consists of 565 units across three main buildings. Every apartment includes a private terrace and is delivered move-in ready with designer finishes and a fully fitted kitchen.

While our inventory is always being updated, the main residence types give a clear idea of the scale and style of living at Bonita. The community is centered around a 161,000 square foot crystalline lagoon, providing water views and direct beach access for many residents.

What are the tax benefits of buying an apartment here?

Bonita Cap Cana is an approved project under the Dominican Republic's Law 158-01, also known as CONFOTUR. This law is designed to promote tourism development and offers significant tax incentives to the first buyers of qualifying properties. For a buyer at Bonita, this provides two major financial advantages.

First, the law exempts first buyers from the 3% transfer tax (Impuesto de Transferencia de Bienes Inmuebles) that is normally due upon registration of the title. Second, the law provides a 15-year exemption from the 1% annual property tax, known as the IPI (Impuesto al Patrimonio Inmobiliario). It's important to note that the IPI is not charged on the full value of a property; it is levied only on the value above an annually adjusted threshold. The CONFOTUR exemption, however, applies to the entire taxable amount for the duration of the term granted to the project. Your attorney will handle the filing to ensure these exemptions are recorded on your property's title, and will confirm how the exemption period the law sets for qualifying projects applies to your particular unit.

Can a foreigner own an apartment in the Dominican Republic?

Yes, absolutely. The Dominican Republic provides the same property ownership rights to foreigners as it does to its own citizens. There are no restrictions based on nationality, and you do not need to be a resident to purchase property.

When you buy an apartment at Bonita, you receive full fee-simple title. This means the property is registered in your name (or in the name of a trust or corporation, if you prefer) at the Dominican Title Registry Office. You have the right to sell it, rent it, or pass it on to your heirs, just as you would with property in the United States or Canada. The entire purchase process is overseen by a Dominican attorney and a public notary to ensure your title is clean and properly registered.

What is the general process for buying an apartment?

Purchasing a pre-construction apartment at Bonita is a straightforward process, designed to be secure for international buyers. While the specific terms are outlined in your purchase agreement, the journey typically follows a clear path from reservation to delivery.

1. Reservation and Due Diligence
   The first step is to select your desired apartment and sign a reservation agreement. This takes the unit off the market. During this period, your attorney will conduct due diligence on the property and the developer's permits.
2. Promise of Sale Agreement
   Once due diligence is complete, you will sign a formal "Promise of Sale" agreement, which is registered with the Title Registry Office. This is a legally binding contract that details the apartment, price, and construction timeline.
3. Construction Phase
   As construction progresses towards the 2029 delivery date, you will receive updates from the development team. The terms of the agreement will specify any stage payments during this period.
4. Closing and Title Transfer
   Upon completion of the building, the final closing takes place. Your attorney will manage the transfer of the deed of sale, pay any applicable taxes and fees (noting the CONFOTUR exemptions), and register the final title in your name.

If I buy an apartment, can I rent it out to generate income?

Yes. Owning an apartment at Bonita gives you the option to generate rental income. The decision to rent, and how you do it, is entirely yours. There is an optional on-site rental management program available to owners, designed to provide a hands-off experience. With this program, the developer's team handles the marketing and management of your property. Projections for properties within the program estimate an annual return on investment between 8–12%.

It's important for owners who plan to rent to understand the tax implications. Rental income from short-term tourist stays is subject to an 18% ITBIS tax (a value-added tax). For non-resident owners, there is also a 27% withholding tax on gross rental income, applied with no deductions. Rates change, so confirm the current one before relying on it. CONFOTUR exempts the transfer tax and the IPI; rental income is taxed separately. An attorney or accountant can provide specific advice based on your situation and country of tax residency.

Common questions

Is Cap Cana a good place to buy an apartment?

Cap Cana is considered one of the Caribbean's premier master-planned resort communities. Buying an apartment here gives you access to a secure, gated environment with high-end amenities like the Cap Cana Marina, Juanillo Beach, and Scape Park, all just a 10-minute drive from Punta Cana International Airport.

Are the apartments at Bonita sold furnished?

No, the apartments are delivered move-in ready with high-quality designer finishes, a fully fitted kitchen, and standard appliances, but they are not sold furnished. This allows you to decorate your home to your personal taste. The optional rental program may offer furnishing packages.

What is the delivery date for Bonita apartments?

The estimated delivery date for the residences at Bonita Cap Cana is in 2029. As a pre-construction project, this date is subject to the normal course of development and construction.