Palmeira Residences: Luxurious 3-Bedroom Penthouse for Sale in Ciudad Las Canas, Cap Cana
Where it is, and daily life nearby
| Coast | 1.9km |
| PUJ airport | 8.0 km |
| Golf | 3.6km |
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 Cap Cana area guide.
What the same money rents for
| 3+ bed long-let rent in Cap Cana, median | $6,250/mo |
| Owning this one: HOA, property tax and insurance | ≈ $1,192/mo |
| Gross yield if bought and let long-term | 16.3% |
Median of 10 measured monthly rents for 3+ bed homes in Cap Cana (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
| Gross STR revenue (ADR $228 × 61% occ)† | $50,764/yr |
| Management (20%) | −$8,579 |
| Booking platform fee (15.5% of gross) | −$7,868 |
| HOA ($722/mo) | −$8,664 |
| IPI property tax | −$2,787 |
| Utilities, wifi, maintenance reserve† | −$8,028 |
| Insurance (incl. hurricane rider)† | −$2,852 |
| Net operating income | $11,986/yr → 2.6% |
† 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
| This unit | $1,604/m² |
| Asking median | $3,086/m² |
| Listings that left the market — last asking 87.2% of what live listings ask | $2,852/m² |
| Share of everything we have tracked here that has sold | 54.2% |
| This unit vs the asking median | 50% below |
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
Modern Elegance, Expansive Terraces, and Exclusive Cap Cana Living Welcome to Palmeira Residences, an exclusive community in Ciudad Las Canas, Cap Cana, where modern design meets resort-style living. This exquisite three-bedroom penthouse for sale in Cap Cana offers over 3,086 sq. ft. of living space (286.74 m² total) across two levels, complete with expansive terraces, breathtaking views, and full access to Cap Cana’s world-class amenities. Whether you’re seeking a permanent home, a sophisticated vacation retreat, or a strong investment property, Palmeira Residences delivers the perfect combination of luxury, convenience, and Caribbean charm. Property Summary Location: Ciudad Las Canas, Cap Cana – Punta Cana, Dominican Republic Price: US$460,000 Type: Penthouse Size: 3,086.44 sq. ft. (286.74 m² total) 141.51 m² – 4th Floor Construction 48.61 m² – 5th Floor Construction 69.26 m² – Outdoor Terrace 25 m² – 2 Private Parking Spaces 2.36 m² – Locker (Storage) Bedrooms: 3 Bathrooms: 3.5 Parking: 2 Private Spaces + Storage HOA/Maintenance: US$2 / m² Confotur Benefits: Full 15-year property tax exemption & 3% transfer tax waiver Distribution of the Penthouse Fourth Level (Main Floor) – 141.51 m² Spacious living room with direct balcony access Formal dining area Modern kitchen with open layout Expansive balcony overlooking lush Cap Cana greenery Laundry/utility room Primary bedroom with en-suite bathroom & walk-in closet Secondary bedroom with ample closet space Dedicated study/office space – ideal for remote work Full guest bathroom & half-bathroom Fifth Level – 48.61 m² + 69.26 m² of outdoor spaces Private bedroom with full bathroom Expansive covered terrace with lounge, dining area, kitchenette, and laundry corner Large uncovered terrace – perfect for sunbathing, entertaining, or adding a jacuzzi Exclusive Features & Amenities within Palmeira Residences Fully furnished with contemporary décor Equipped with 5 high-capacity air conditioners Private elevator access directly to the residence Community swimming pool with sun deck Shaded gazebo area for gatherings BBQ zones for outdoor entertaining Modern fitness gym with premium equipment 24/7 gated security for peace of mind Cap Cana Lifestyle: Beyond Your Residence Owning at Palmeira Residences means full access to Cap Cana’s world-class amenities, making every day feel like a resort experience: Beaches: White sands and turquoise waters, including the iconic Juanillo Beach Golf: Championship golf courses like the Jack Nicklaus Signature Punta Espada Golf Club Marina: Luxury marina with yacht docking, waterfront dining, and boutique shopping Entertainment & Dining: From five-star restaurants to vibrant beach clubs Adventure & Leisure: Nature trails, Scape Park, horseback riding, and water sports Cap Cana is one of the most prestigious and secure gated communities in the Caribbean, blending exclusivity with unmatched lifestyle opportunities. Payment Plan Down Payment: 10% After Signing the Contract: 90% Why Invest in This Penthouse? ✅ Prime Location: Situated in Ciudad Las Canas, Cap Cana’s most established residential sector.✅ Space & Comfort: Two levels with over 3,000 sq. ft. including expansive terraces.✅ Turnkey Living: Comes fully furnished and equipped with 5 air conditioners.✅ Exclusive Lifestyle: Access to both private community facilities & Cap Cana’s global-standard amenities.✅ Confotur Benefits: 15-year tax exemption & transfer tax relief. This penthouse is not only a luxurious residence—it’s also a smart investment in Punta Cana’s booming real estate market.
The listing's own copy from puntacanavilla, with agent contact details and boilerplate removed. Not our description and not verified by us.
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