Caribbean MLSReal Estate

Cozy Apartments In The Heart Of Tourist Zone Bavaro

Available on request

The brief

The reason to consider it.

It takes 5 minutes to get to the Downtown and San Juan shopping plazas, bilingual schools, a hospital, and restaurants. The project consists of 224 apartments and commercial properties. 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
Apartment
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • On-site security
  • Elevator
  • BBQ area
  • Tennis court
  • Parking
  • Restaurant or bar
  • 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