Caribbean MLSReal Estate

Nice Land Near the Center of Las Terrenas

Available on request

The brief

The reason to consider it.

Excellent building plot in the hills of Las Terrenas, 5 minutes from Poppy Beach, close to the French High School and in the center of Las Terrenas. Road, water, and electricity are present. A good investment for those who want to build close to Las Terrenas but in a quiet area surrounded by greenery. The project for the construction of 8 villas is already present.

Last confirmed

Type
Land
Zoning
residential
Topography
sloped
Build ready
Yes
Subdivision approved
No
Water
Yes
Electricity
Yes
Permitted uses
Single family, Tourism, Boutique hotel
Land
Available on request

What this listing includes

  • Parking
  • On-site security
  • Water storage

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