Caribbean MLSReal Estate

76 Acres Of Awesome Development Land For Sale In Sosua

Available on request

The brief

The reason to consider it.

Ocean view land ready for development! Incredible ocean views. Natural panoramic environment. Close to town. Near the International school. Great place to create a development

This 305,000 m2 land is situated just a few minutes drive from Sosua, in a residential hillside area. This property is close to shops, restaurants, school and the beach. The land is ready to develop and would be suitable for a residential community or to divide into smaller lots for a luxury, high-end development.

Price is just 15.00 US$ per m2 if purchasing the whole parcel.

Last confirmed

Type
Land
Land
3,282,993 ft²
Zoning
residential
Topography
hilltop
Permitted uses
Residential community, Smaller lots

What this listing includes

  • Ocean view

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