Caribbean MLSReal Estate

Coconut And Cocoa Farm

Available on request

The brief

The reason to consider it.

1,348 tareas of coconut and cocoa farm in Nagua. The farm produces 100,000 coconuts on a 4-month basis, totaling 300,000 per year. The price per coconut is RD$18-25. Last year, the farm produced 400 quintales of cocoa, with a price of RD$100,000 per quintal. It is located 15 minutes away from Nagua city. The access road is 75% asphalted and 25% caliche. Deslinde is available.

Last confirmed

Type
Land
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