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Home Investments Present “Residencial Trezz” to be built in Santo Domingo Oeste

“Residencial Trezz” is presented, which will be built in Santo Domingo Oeste

SANTO DOMINGO. – Under the supervision of the construction company Metco, a company with more than 20 years in the national market, the new real estate development “Residencial Trezz” was recently presented, a complex of 2 and 3 bedroom apartments that will be located in Santo Domingo Oeste.

KW Capital, Novavida HP and Agua Mar Inmobiliaria are the firms in charge of marketing the project, located specifically on Los Rieles street, Santa Bárbara, Km.17 Duarte Highway.

Wanda del Orbe, from KW Capital, explained that the housing proposal will have a group of amenities to facilitate the lives of its occupants, so that they can meet their main needs without having to leave their community.

“Large common social recreation areas such as a swimming pool, gazebo, children's area, outdoor gym and a commercial plaza with premises available for rent for different types of businesses that bring value, comfort and well-being to our condominiums,” the executive explained.

He emphasized that Residencial Trezz, which will consist of 128 residential units, will be developed in an environment that guarantees tranquility and privacy. It will be built in two phases; the first will include 72 apartments.

Regarding payment options, Scarlet Peguero of Novavida HP points out that you can reserve with US$500.00, 5% for reservation and signing of contract, 15% during construction (it can be until the delivery date) and 80% upon delivery.

He explained that the project will feature apartments of 60.97 and 87.31 square meters and their prices range from US$59,300.00 to US$86,200.00

 María Binet and Damary Pérez of Aquamar Inmobiliaria cite among the benefits for buyers the first home bonus, fiduciary guarantee and exemption of 3% of the property transfer tax.

Representatives from the construction company and real estate agencies during the launch. (External source).

“The project is backed by Trust Law 189-11, which offers a series of guarantees that protect investors, the buyer, and real estate agents involved in the sale, as long as the buyer's money is deposited in the name of the trust,” they said.  

Binet and Pérez added that the trust structure provides a framework of security and confidence when purchasing an apartment in the Dominican Republic. “This guarantees that the funds will be used properly.”.

“Regarding the issue of legal security, we have that trusts must be registered in the Registry of Titles, which guarantees their legality and transparency. The trust is already registered under the name: TREZZ I Low-Cost Housing Real Estate Trust and its RNC is 1-32-68777-9,” reported the representatives of Aqua Mar Inmobiliaria.

Construction company

The sales representatives highlighted the track record of Metco, a Dominican-registered company founded in 2001, dedicated to the construction industry, "meeting all the necessary standards for the correct execution of projects," they assured.

“Distinguished by its high level of commitment, quality, and efficiency. With the mission of providing solutions in the construction sector that generate trust and prosperity for its clients, shareholders, and employees,” Wanda del Orbe emphasized.

It highlights that the company has participated in the construction of more than 1 million square meters of rigid pavements throughout the country and the Caribbean. “In 1999, in partnership with a multinational company, they began construction work on fuel stations and bases for large cell phone antennas.”.

Their portfolio includes the residential projects Los Palmares, Samaná; one in Jarabacoa and another in Arroyo Hondo.

They mention among their main clients Ikea, Club Náutico, Banreservas, Coco Bongo Punta Cana, Cesar Motors and Saint George School.

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