Caribbean MLSReal Estate

2 bedroom Cabarete for sale

Available on request

The brief

The reason to consider it.

This property is a 97 SqM apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Cabarete project in Sosua, Puerto Plata and was completed in Jan 1998. You can buy this apartment for a base price of €203,000 (€2,090/SqM).

Year built
1998
Type
Apartment
Land
Available on request

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