Caribbean MLSReal Estate

2-bedroom condo in Cabarete, Sosua

Available on request

The brief

The reason to consider it.

This 2-bedroom, 2-bathroom condo offers 134 m² of interior space on the 2nd floor of the Cabarete development, completed in Jan 1998. The unit is partly furnished and presents garden views from the building.

The development is located approximately 150 metres from the ocean and provides beach access and shared pool facilities. The monthly CAM/HOA fee is €294 and includes 24/7 security, pool maintenance, propane gas and gardening.

Suitable for full-time residence, a vacation home or a rental investment; the listing references an estimated 9% gross rental yield. The site shows the asking price as €149,000 (the page also lists a USD figure of 167,000).

Year built
1998
Type
Condo
Land
Available on request

What this listing includes

  • Beach access
  • Pool
  • On-site security
  • Furnished
  • Pet friendly

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