Caribbean MLSReal Estate

Penthouse For Sale For Investment - Evaristo Morales 8th Floor

Available on request

The brief

The reason to consider it.

Penthouse for Sale for Investment - Evaristo Morales, 8th Floor MLS #25-556 Unique investment opportunity in one of the most demanded sectors of Santo Domingo. This apartment on the eighth floor, with elevator, offers an excellent return as it is currently rented for 1,500 USD per month, fully furnished (maintenance not included).

Main features:

  • 197 m² of total space, designed with modern finishes.
  • 3 bedrooms, each with its own private bathroom.
  • The main room has 2 large walk-in-closets.
  • 4 parking spaces, including 2 linear parking spaces, guaranteeing comfort for you and your tenants.
  • Common gas with meter, for efficient consumption.
  • Full power plant, ensuring an experience without interruptions.

This apartment is an excellent option for investors looking for properties with active income. With an asking price of 271,000 USD (unfurnished), this property offers a safe and profitable investment. Don’t miss this opportunity to acquire a property already generating income in a privileged location like Evaristo Morales.

Last confirmed

Type
Penthouse
Land
Available on request
Year built
Available on request

What this listing includes

  • Elevator
  • Furnished
  • Kitchen
  • Walk-in closet
  • Parking
  • On-site security

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