Caribe Scout

Ocean Bay Condo

el cortecito, Bavaro · 154 m² · Video tour ↗
350m to the coast · 1.4km to a golf course · 14.3 km to PUJ airport · measured from OpenStreetMap, 2026-09-23
⚠ Crawled listing — data not yet verified Data: Q3 2026 · low confidence

Where it is, and daily life nearby

Coast350m
PUJ airport14.3 km
Golf1.4km

Straight-line distances measured from OpenStreetMap, 2026-09-23 — not drive times. OSM's coverage of shops and clinics here is uneven: "not mapped" means nobody has mapped one, not that none exists. Shops, schools and clinics are being measured for this area next. See the Bavaro area guide.

Hurricanes, earthquakes and elevation

Hurricanes whose centre passed within 50 km, since 1980 3
Strongest of themFiona, 2022 · Category 1 · 21 km away
Tropical storms or stronger, same window6
Earthquakes of magnitude 5+ within 100 km, since 1973 32
Largest recorded within 150 kmM7.8, 1946 · 87 km away (16 km NNW of Miches, Dominican Republic)
Ground height at this location3 m above sea level

History, not a forecast. These are counts of what has happened near this location, not the chance of it happening again or of how a particular building would fare. See hurricanes and insurance. Sources: NOAA IBTrACS v04r01, fetched 2026-10-05; USGS earthquake catalogue, fetched 2026-10-05; elevation from Copernicus DEM GLO-30 (© DLR e.V. 2010-2014 and © Airbus Defence and Space GmbH 2014-2018, provided under COPERNICUS by the European Union and ESA).

What the same money rents for

2 bed long-let rent in Bavaro, median$1,225/mo
Owning this one: HOA, property tax and insurance≈ $860/mo
Gross yield if bought and let long-term2.8%

Median of 30 measured monthly rents for 2 bed homes in Bavaro (Q3 2026), commercial units excluded. The gross yield is rent × 12 ÷ this price — before costs, and it needs no occupancy assumption. Ownership costs exclude a mortgage and utilities.

Net yield — the real number

5.2–6.4% net of ALL costs · based on 12 sold comparables · Q3 2026
Gross STR revenue (ADR $262 × 70% occ)†$66,941/yr
Management (20%)−$11,313
Booking platform fee (15.5% of gross)−$10,376
HOA ($296/mo)−$3,552
IPI property tax−$3,487
Utilities, wifi, maintenance reserve†−$4,312
Insurance (incl. hurricane rider)†−$3,286
Net operating income$30,615/yr → 5.8%

† nightly rate, occupancy, utilities and maintenance, insurance are estimated, not yet sourced for this market. We mark them rather than hide them — see how we handle data.

How this market prices

Community: el cortecito · 119 for sale, 101 left the market · Q3 2026
This unit$3,442/m²
Asking median$2,271/m²
Listings that left the market — last asking 87% of what live listings ask $1,977/m²
Share of everything we have tracked here that has sold45.9%
This unit vs the asking median 38% above

Sold figures are last asking prices of units we watched leave the market, not registry prices — the closing price is private in the DR.

What the seller says

This condo is located in Ocean Bay, an exclusive luxury development located in the community of Los Corales, El Cortecito, with a total of 197 beach-front and beach proximity condos, all with their own private terrace overlooking the sea. It is designed to operate as a 5 star Boutique Hotel. Ocean Bay owners can enjoy an exclusive restaurant within the project, a sea-range infinity pool and private beach access. Within the common areas of this amazing beach-front development, located in one of the last beachfront properties in Punta Cana is a training pool, a lounge area around the pool and the beach, a gym, an entertainment area with tennis and billiard tables, reception with concierge service, elevators in all buildings, garden areas. There will also be a small commercial space facing the street, opposite to the ocean, where owners can enjoy a more local environment with restaurants and shops. The 5 star boutique hotel will be part of a rental pool with an estimated anual return of more than 10%. CONDO FEATURES • 2 bedrooms • 2 bathrooms • Living and dining room • Kitchen • Tax Exemption Benefit! No transfer tax or yearly property tax for 15 years!

The listing's own copy from canablue, with agent contact details and boilerplate removed. Not our description and not verified by us.

What the listing agency highlights

beach lifeexclusive locationwalking distance to beach

Marketing tags as published by canablue — not verified by us.

Run your own numbers

Your net yield on $530,000 5.8%

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