Own Your Dream River Island Condo Starting From Only $199,000 USD

🌴 Luxury living. Resort-style amenities. Passive income. 🌴

Secure your tropical escape in Punta Cana today.

River Island in Bavaro, Punta Cana is an innovative concept ideal for both investment and personal enjoyment. It’s an integration and ability to create incredible life experiences, entrenched in natural surroundings and paradise while generating completely passive revenue while you’re not there. The developments spectacular design is comprised of buildings that are interconnected by a series of pools, channels and recreational paths inside a magical tropical garden and world class amenities.

Why Canadians & Americans Are Investing in Dominican Republic

A modern, luxury residential community with curved buildings, green roofs, swimming pools, palm trees, and landscaped gardens, set in a tropical climate.

Entry-price advantage

One of the most compelling reasons Canadians and Americans are investing in the Dominican Republic is the significant affordability compared to North American markets. Buyers can acquire high-quality, fully furnished condos—often with resort-style amenities—for a fraction of what a similar property would cost in Toronto, Vancouver, Miami, or New York. This lower barrier to entry enables investors to diversify their portfolios internationally without the high upfront capital typically required in major urban centers.

A man relaxing on a leaning palm tree at a sandy beach with turquoise ocean and blue sky in the background.

Vacation Rental Boom

The Dominican Republic, particularly Punta Cana and Bávaro, has experienced explosive growth in tourism, creating strong and sustained demand for short-term vacation rentals. Properties like River Island are specifically designed to cater to this market, offering turn-key rental management services that allow owners to generate passive income year-round. With occupancy rates staying consistently high due to the country’s popularity as a holiday destination, investors can achieve attractive returns while enjoying personal use of their unit when desired.

Aerial view of a golf course along a rocky coastline with cliffs and the ocean, featuring green fairways, sand traps, and a few buildings in the background.

Tropical Climate & Established Tourism Infrastructure

Punta Cana enjoys a warm, sunny climate year-round, which, when combined with miles of pristine beaches and world-class golf courses, makes it one of the Caribbean’s most sought-after destinations. The region has also developed robust infrastructure, including international hospitals, shopping centers, private schools, and eco-tourism attractions, making it a highly livable area for retirees, digital nomads, and second-home buyers. This blend of lifestyle appeal and accessibility enhances property demand and market stability.

Empty cabanas and lounge chairs on a sandy beach with palm trees and the ocean in the background.

Confotur Tax Incentives

Thanks to the Dominican Republic’s forward-thinking tourism legislation, foreign buyers can benefit from the Confotur Law, which provides up to 15 years of significant tax exemptions. This includes a full waiver on property taxes, capital gains tax, and the 3% title transfer tax—an unprecedented advantage for real estate investors. These incentives dramatically improve the profitability and long-term financial outlook of property ownership, making the Dominican market uniquely favorable among Caribbean nations.

An airplane approaching the runway at sunset, captured from ground level.

Direct Flights From Major Cities & US Dollar Linked Pricing

Real estate transactions in the Dominican Republic are typically conducted in U.S. dollars, offering stability and predictability for Canadian and American investors. This removes currency conversion risks and streamlines international transactions. In addition, Punta Cana International Airport offers direct flights to and from major cities such as Toronto, Montreal, New York, Miami, and Orlando, ensuring convenient access and increasing the property’s rental appeal to a global audience.

Luxury resort with modern white buildings, lush tropical vegetation, and a swimming pool with lounge chairs and drinks on a wooden deck
Modern bedroom with a large bed, nightstands with lamps, and a sliding glass door opening to a balcony with outdoor seating and a view of palm trees and a swimming pool.
Luxurious resort with winding swimming pool, surrounded by palm trees, modern apartment buildings, and outdoor lounge chairs

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Why Invest At River Island?

Luxury resort with a winding swimming pool, palm trees, and modern white apartment buildings at sunset.

Best-in-Class Resort Amenities

River Island redefines luxury with its immersive, resort-style amenities designed for both residents and guests. The community features 16 uniquely themed pools connected by a scenic lazy river, creating a fluid, harmonious atmosphere perfect for relaxation and recreation. Residents enjoy access to a fully equipped clubhouse, fitness center, BBQ and chill-out zones, tennis courts, biking and running trails, on-site restaurants, and even a cultural museum—all woven into the natural landscape of the development. It’s not just a place to live—it’s a destination.

Modern living room with a large light gray sofa, a round wooden coffee table, and sliding glass doors leading to a patio with a swimming pool and palm trees. The room features beige tile flooring, minimalist decor, framed abstract art on the wall, and a green potted plant near the sofa.

Turnkey Investment Potential

This is a truly hands-off investment opportunity when you’re not personally using your suite. Every unit at River Island comes fully furnished with premium European finishes and modern interior design. Through Caribbean Conexión, owners can access professional, full-service rental and property management, making it easy to generate returns up to 15% annually without lifting a finger. Whether you’re investing for passive income, appreciation, or both, River Island is designed to deliver strong, stable cash flow with minimal involvement.

A series of six stylized blue palm trees in descending order of height from right to left.

Strong Market Appreciation in Punta Cana

The Bávaro–Punta Cana region has become one of the Dominican Republic’s most dynamic real estate markets, with consistent year-over-year property value growth driven by infrastructure development, increasing tourism, and international investor interest. With major projects like River Island and Atlántida reshaping the skyline and elevating the area’s global appeal, early investors are poised to benefit from significant long-term appreciation. This upward trend, combined with rental income and tax incentives, positions River Island as a high-performance asset for both seasoned and first-time global real estate investors.

View from an airplane window showing the coastline with turquoise water, white sandy beaches, and a landscape with buildings and greenery.

Unrivalled Infrastructure

Located in the heart of Punta Cana, River Island offers unbeatable access to everything investors and vacationers desire. The area is served by the Punta Cana International Airport, the Caribbean’s most connected airport with direct flights to dozens of major cities across North America and Europe. The region boasts top-tier healthcare facilities, international schools, modern shopping centers, and an ever-growing list of entertainment venues and eco-tourism attractions. This world-class infrastructure enhances property value, rental demand, and quality of life.

Aerial view of a modern residential complex with curved buildings, lush green gardens, winding waterways, and outdoor amenities set in a tropical environment.

Mega-Development Momentum

River Island is a flagship component of the broader Atlántida mega-project, a transformative development reshaping Bávaro–Punta Cana into the Caribbean’s next great lifestyle and investment hub. Future phases include the addition of a boutique hotel, world-class theater, and a 6,000-seat events venue—all positioned to attract global tourism, create demand for short-term rentals, and significantly boost property appreciation. As the area evolves, early investors stand to benefit from long-term growth, prestige, and unparalleled value creation.

How close is the project to the beach: 3 minutes driving distance from the beach, with a complimentary shuttle service available for residents and guests.

How far is it from the airport? The project is approximately 20 minutes from Punta Cana International Airport (PUJ).

Does it have Confotur? Yes, the project benefits from CONFOTUR tax incentives (see below for full details)

How much is the management commission fee of the hotel management company? The rental split structure is 70/30 with 70% going to the owner.

Are the units furnished? Yes, all units come fully furnished and equipped, providing a turnkey investment.

What is the HOA? The HOA (Homeowners Association) fee will be $2 USD x m2 of the unit, covering common area maintenance, security, and shared amenities.

What are the average utility costs? The average cost of the electricity in the Bávaro-Punta Cana region depends on the individual usage and is invoiced at RD$19.90 per kilowatt-hour (kWh) or CDN$0.45 / kWh

Is this a timeshare? No, River Island offers full ownership, not a timeshare. Buyers acquire a deeded property that they can use, rent, or resell as they see fit.

What is the name of the associated Beach Club? Residents and guests have access to the Cielo Beach Club.

Is there financing for foreigners? Yes, financing options are available for international buyers.

What if the client wants to visit the project? Clients interested in seeing River Island in person can take advantage of our Fly & Buy Program. This program provides a reimbursement of up to $2,000 USD for travel expenses upon purchasing a unit, making it easier for buyers to experience the project firsthand before committing.

What is the year-over-year capital appreciation in Punta Cana? Punta Cana’s real estate market has consistently shown 8-12% annual appreciation, making it a lucrative investment destination

Frequently Asked Questions

What is Confotur Law & How Does It Work?

Empty cabanas and lounge chairs on a sandy beach with palm trees, looking out over the ocean on a sunny day.

The Confotur Law, enacted by the Dominican Republic’s Ministry of Tourism, offers substantial tax incentives to both local and foreign investors who purchase property in approved tourism development zones. For foreigners buying new construction properties like those in River Island, this law provides significant financial advantages—including a 15-year exemption from property taxes and capital gains taxes. Additionally, the transfer tax typically due upon registration of a title is waived, substantially reducing upfront costs. These benefits make the Dominican Republic one of the most attractive and investor-friendly real estate markets in the Caribbean, allowing buyers to maximize both short-term cash flow and long-term appreciation while minimizing their tax burden.

Modern living room with wooden staircase, beige sectional sofa, round wooden dining table with four chairs, view of balcony with outdoor seating, tropical palm trees outside, white walls, TV on wall, and decorative items on a shelf.
Balcony view of a modern resort with a hot tub, overlooking a lush landscape with palm trees, swimming pools, and apartment buildings under a clear sky.
A modern multi-story building with terraces and lush greenery, including waterfalls, a pool area, palm trees, and people walking and relaxing in a landscaped outdoor space.

ABOUT RIVER ISLAND

Developer: Noval Properties

Status / Phase: Under Construction

Completion: December 2027

Location: Bavaro, Punta Cana, Dominican Republic

Unit Types: One - Three Bedroom Suites

Starting Prices:  From $199,000 USD

Suites / Storeys: 540 suites / 5 Levels across multiple buildings

Incentives: Confotur tax incentives, 0% property tax, 0% income tax for 15 years, full furniture package, access to Cielo Beach Club, complimentary shuttle service to beach (3 mins), property management

Amenities: 16 pools, grand lobby, BBQ and relaxation stations, fitness centre, shopping area, tennis club, running circuit, restaurants, museum, club house, private beach club, shuttle to beach

Deposit structure: $5,000 reservation fee, 20% at contract signing, 40% through construction, 40% upon completion (mortgage up to 70% LTV can be arranged)

 
Noval Properties logo and name

Noval Properties is a leading real estate developer in the Dominican Republic, renowned for its strong track record and international investor trust built over more than 20 years. With over 5,000 units successfully completed across a diverse portfolio, the company specializes in high-ROI projects strategically located in Punta Cana, Cap Cana, Bávaro, and other prime investment destinations. Many of Noval’s properties are delivered fully furnished and come with integrated hotel management, making them ideal for turnkey ownership. The company is recognized for its consistent on-time delivery, superior construction standards, and commitment to quality. Investors also benefit from a seamless and secure acquisition process, backed by full legal and administrative support. To further enhance the buying experience, Noval offers exclusive incentives such as the Fly & Buy program, making international property ownership both accessible and rewarding.