Caribbean MLSReal Estate

Land for sale in La Mulata, Sosua (120,500 m²)

Available on request

The brief

The reason to consider it.

This is a large agricultural/residential development plot located in the La Mulata area of Sosua, Puerto Plata. The listing describes a titled area of 120,500 m² with river/canal views and two lagoons on the property, and notes an additional ~50,000 m² untitled area that is included informally (total area stated ~170,500 m²). The site is described as suitable for cattle farming, crop production or future residential development and is accessed from local roads.

  • Titled plot: 120,500 m²
  • Additional untitled area: ~50,000 m² (stated by listing)
  • Views: river / canal and two lagoons
  • Suggested uses in listing: cattle farm, crops, residential development

Project amenities are listed on the host portal (communal pool, gym, 24H security, CCTV, parking, reception/lobby), but utilities at the property line and formal zoning are not stated in the advert. The advertised asking price is €643,000 and the listing notes a base price of approximately €5 per m² for the titled area.

Type
Land
Land
1,297,051 ft²
Permitted uses
Agriculture, Cattle farming, Residential development

What this listing includes

  • Pool
  • Fitness centre
  • On-site security
  • Parking
  • Lobby

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