Caribbean MLSReal Estate

Invest And Produce Easy Profit

Available on request

The brief

The reason to consider it.

Have you been dreaming of a relaxed life under the Caribbean sun? Invest and make your income easily with 4 short-term rental apartments in the heart of Santo Domingo. All apartments are modernly furnished and totally equipped with completed amenities of home, located in a charming, quiet and convenient area of Santo Domingo. You’ll stay very close to the Malecon (the famous oceanfront boulevard) and just 5 minutes from the Colonial Zone (the heart of the city), and you’re within walking distance to services such as supermarkets, banks, pharmacies, restaurants, movie theatres and much more.

Last confirmed

Type
Apartment
Use
Hospitality
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Furnished
  • Kitchen
  • Air conditioning

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