Caribbean MLSReal Estate

Ready To Built Condo Project

Available on request

The brief

The reason to consider it.

The land is situated in the hill of Sosua, just a 5-minute drive to downtown. It comes with a building plan for 9 condos and the building certificate from the City of Sosua. All paper and title are up-to-date.

Last confirmed

Type
Land
Zoning
residential
Topography
hilltop
Build ready
Yes
Subdivision approved
Yes
Permitted uses
Condo
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

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