Caribbean MLSReal Estate

2-bedroom apartment in Cabarete, Sosua

Available on request

The brief

The reason to consider it.

This 2-bedroom, 1-bath apartment is 113 m² and located on the 2nd floor of the Cabarete development in Encuentro, Sosua, Puerto Plata. Completed in January 1998 and sold fully furnished, the unit overlooks the development’s large shared pool and includes a private balcony with pool views.

  • 2 bedrooms and 1 bathroom, 113 m² internal area
  • Fully furnished and move-in ready
  • Private balcony with pool view
  • Access to a large shared pool and communal areas
  • Approximately 15 minutes’ walk to Encuentro Beach; 7 minutes to Cabarete and 10 minutes to Sosúa
  • Common area maintenance (CAM) fee: €196/month; listed rental yield: 9%

Suitable for full-time residence or rental investment with strong short-term and long-term rental potential.

Last confirmed

Year built
1998
Type
Apartment
Land
Available on request

What this listing includes

  • Pool
  • Beach access
  • Balcony
  • Furnished

What people say about Dominican Republic

Sources agree on the core of buying in the Dominican Republic: foreigners, including non-residents, can generally own registered property on the same terms as Dominicans, but the buyer's own checks do the protecting.

  • Mixed Hire your own independent Dominican lawyer and check the title (and deslinde) yourself
  • Concern Pre-construction projects can stall or lapse; deposits and CONFOTUR claims need verifying
  • Mixed Closing costs and annual tax: 3% transfer tax, legal fees, IPI above a threshold, CONFOTUR exemptions
  • Concern Property managers: fees vary widely and owner experiences are uneven

Read what people say, based on 15 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law