Prime Investment Opportunity In Dominican Republic's Touristic
Available on request
14 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Ideal for Diverse Development The land’s zoning permits construction of buildings up to two floors, with a maximum density of 25 apartments per hectare. Whether you envision a luxurious residential complex, a boutique hotel, upscale stores, modern offices, or spacious warehouses, this property caters to various development needs. With the potential to build an apartment condominium featuring commercial space on the front, the possibilities are truly limitless.
Strategically positioned in the bustling tourist hub, this property offers unparalleled visibility and accessibility. Investors can capitalize on the steady stream of tourists and locals frequenting nearby attractions, ensuring high occupancy rates and substantial returns on investment. Moreover, its proximity to renowned landmarks and amenities enhances its appeal to potential tenants and buyers alike.
Last confirmed
- Type
- Land
- Zoning
- residential
- Permitted uses
- Residential complex, Boutique hotel, Upscale stores, Modern offices, Spacious warehouses, Apartment condominium
- Land
- Available on request
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
The asking price is not what it costs.
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