RESIDENTIAL COMPLEX FOR SALE IN BÁVARO (Great R.O.I)
Available on request
8 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
An excellent opportunity to acquire an income-producing residential complex located in the area of Friusa, Bavaro, In the Provincia of La Altagracia — one of the most active rental markets in the country.
Property Overview
Land Area: 599.76 m²
Construction Area: 962.10 m²
Total Units: 22 apartments
Unit Size: Approximately 35 m² each
Layout: 1 bedroom, Kitchen, Living / dining area, Bathroom, Parking area available
Unit Breakdown
13 one-bedroom apartments @ USD $400/month
5 one-bedroom apartments @ USD $450/month
3 one-bedroom apartments @ USD $425/month
1 room-style unit @ USD $200/month
INCOME SUMMARY
Total Annual Rental Income: USD $107,100
ANNUAL OPERATING EXPENSES
Electricity: USD $3,000
Cable: USD $2,400
Cleaning / sanitation: USD $960
Maintenance: USD $7,200
Total Annual Expenses: USD $13,560
WHY THIS INVESTMENT STANDS OUT
12.07% ROI
Fully rented long-term residential complex
Located in high-demand Bávaro rental market
Ideal for local investors
Strong, consistent cash flow
Perfect for portfolio expansion or first investment in the DR
Last confirmed
- Type
- Commercial
- Land
- 6,458 ft²
- Use
- Mixed use
- Lettable area
- 10,355 ft²
- Net yield
- 12.07%
- Occupancy
- 100%
- Tenants
- 22
- Year built
- Available on request
What this listing includes
- Parking
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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