Caribbean MLSReal Estate

Development lot for sale in Las Terrenas: Unique opportunity

Available on request

The brief

The reason to consider it.

Unique opportunity in the area of most potential development of all the Dominican Republic, this lot of 9280 m2 dividable in two. At the entrance of the village and connected with Boulevard del Atlántico and the road of Sanchez. This polyvalent lot can be used for any commercial development or residential with high capacity for building or stocking that certainly missed in the neighborhood. Take that opportunity to create your profitably activity.

Last confirmed

Type
Land
Land
99,889 ft²
Zoning
residential
Permitted uses
Commercial, Residential

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