Caribbean MLSReal Estate

Prime Oceanview Land for Sale | Panorama Village Sosúa DR

Available on request

The brief

The reason to consider it.

Build Your Dream: Prime Oceanview Land (4250m²) in Sosúa, DR An extremely rare opportunity awaits in the highly sought-after, exclusive gated community of Panorama Village, Sosúa. This magnificent 4,250 m² lot is more than just land—it is the canvas for your Caribbean dream home or a lucrative development project. Positioned as one of the highest lots in the area, this property offers unobstructed, breathtaking panoramic ocean views and benefits from a delightful, constant refreshing breeze—a natural luxury that significantly enhances comfortable tropical living.

Investment & Lifestyle Potential

  • Ready-to-Build: The lot is prepared for immediate construction, featuring 24-hour underground electricity and a private water well, ensuring convenience, security, and low future development costs.
  • Prestigious Location: Panorama Village is renowned for its luxury villas, security, and tranquil environment, making this lot a solid, appreciating investment in the Dominican Republic.
  • Unbeatable Accessibility: Enjoy the peace and privacy of the hillside, while being only a short 5-minute drive to Sosúa’s vibrant town center, pristine beaches, restaurants, and shopping.
  • Exceptional Value: Priced at an attractive $190,000 USD (approximately $45 USD per square meter), this represents an outstanding value proposition for a premium ocean-view property in a secure community.

Whether you envision a sprawling luxury villa, a boutique retirement estate, or a high-return vacation rental complex, this oceanview land provides the perfect foundation. Don’t miss out on this exceptional chance to secure your future in the Caribbean.

Last confirmed

Type
Land
Land
45,747 ft²
Topography
hilltop
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Electricity
Yes

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