Quote:
Originally Posted by Ken
Lucine, I live in El Neptuno in Sosua. We have the best administrator on the north coast and our buildings and common areas, though not new, are very well maintained. We have a good set of rules and they are enforced, a revision is in process that will make them even stronger. The General Assembly earlier this month approved installing entry doors on each of our buildings with intercom connection to each apartment in order to increase security. We have insurance to cover the replacement cost of the condominium that covers everything included in the construction. Owners who want content insurance can buy it, but all are covered for the replacement cost of the buildings. The owners take pride in the condominium and approve measures to improve it. The Assembly also approved renovating the patio in front of the building, replacing the present expanse of concrete with walks and green spaces. We are located in a quiet, upscale neighborhood, but only a few minutes walk from the center of town and the beach. The apartments are large, with 2 bedrooms and two baths. I think apartments here are a much better value than are the much higher priced apartments in the many new condos that are being built in the area.
Several apartments are presently available, and it is possible to deal direct with owners if you prefer. Our administrator is Ramona Valdez. If anyone wants her contact information, please send me a PM or email.
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hi, looking at your old post of 2007. What is the aprox. value of your condo now and what was it about 1 year ago ?. Do you still consider it a good value ? Are there any avail now ? Will they b ok to rent for vacationers/residents, and at what rate? HOw long might it take to get a renter ? If I am more interested in buying for renting to tourists, where might be the best value now ? Can you recommend someone I can talk to ? Thank yo for the info.
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