Caribbean MLSReal Estate

Contemporary Residential Project In Santo Domingo

Available on request

The brief

The reason to consider it.

A cosmopolitan city, with a great economic development that is appreciated by its modern constructions, buildings and shopping malls. Enjoy the diversity of restaurants and the vibrant nightlife of the most cheerful and friendly people of the continent.

New project is located in front of Bellas Artes, in the cultural heart of Santo Domingo. Close to The Colonial Zone, Malecon and attractions such as museums, parks, monuments and gardens that will give you the best moments of the city.

Prospective residents will enjoy preferential access to the benefits of the boutique hotel located on the top three levels of the buildings, which will include a restaurant, beauty salon and spa. The spectacular rooftop with its Sky Bar will be the perfect setting for unforgettable moments.

Infrastructure

  • infinity pool
  • restaurant
  • gym
  • lobby
  • salon/spa
  • rooftop with sky bar
  • boutique hotel
  • package service
  • pet area
  • pool bar
  • coworking space
  • storage room and underground parking

From the developer there is an interest-free instalment plan.

Payment Schedule

  • 20% reserve
  • 60% during construction
  • 20% upon delivery

Thanks for CONFOTUR, the property will be exempt from the 3% tax on the first real estate transfer and the annual property tax (IPI) of 1% for 15 years!

Last confirmed

Type
Condo
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Infinity pool
  • Restaurant or bar
  • Fitness centre
  • Lobby
  • Spa
  • On-site security
  • Pet friendly
  • Parking

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