Colonial Charm in Casco Viejo: Luxury property Santa Familia

A stunning four story home boasting a large garden room opening to a private garden at club level, and spacious open living area, two bedrooms & town balconies. With a further two bedrooms, two bathrooms & a balcony on the second floor & a spectacular roof terrace with plunge pool on the third. The apartment 4 bedrooms, 5.5 bathrooms, 2 parking spaces, 396 m2, internal area 189 m2 external area, 4 bedrooms, 5.5 bathrooms Located at the heart of Casco's zone of silence, in front of the historic Santo Domingo beach. The Building: A Hidden Gem From street level, Santa Familia will blend into Casco Viejo’s parade of charming shops and houses, with terraces peeking above Casco’s tumbling rooflines, parking will be concealed unobtrusively underground with discreet entrances on both Calle 4a and Calle 5a so as not to disturb the historic streetscape. Seen from the ocean, Santa Familia’s neoclassical buildings reveal a landscaped courtyard, swimming pool and an ocean club, exclusive to the residents. Extensive planting and mature palm trees will provide shade as well as a lush tropical feel. Why invest in Casco? Extremely attractive government fiscal incentives to invest in and promote the restoration of Casco Antiguo significantly reduce the cost of ownership and increase value Incentives, There is no property tax for 30 years, You also don’t pay income tax on rental income, your renter gets to deduct their rental costs from their income taxes, eligible for a 300 bp reduction on your mortgage, meaning that typical rates around Casco are 3% your Casco property holds its value better because it is a historic district with limited supply and unique appeal. "One of the 12 coolest neighborhoods around the world” Forbes Magazine calls it one of the “12 Coolest Neighborhoods Around the World”, but many of us just call it home for its distinctive combination of historic charm, healthy oceanfront living, and vibrant, eclectic and welcoming community. As a UNESCO World Heritage Site, it is among the rarest and most sought-after classes of real estate.