Caribbean MLSReal Estate

Studio condo in Cabarete, Sosua

Available on request

The brief

The reason to consider it.

Studio condo of 31 m² in Cabarete, Sosua (Puerto Plata, Dominican Republic), completed Jan 1998. The unit is on the first floor and offers a garden view, a kitchenette and air conditioning. It is offered fully furnished and is presented as a short-term rental opportunity with an estimated strong yield.

  • Communal pools (two) and jacuzzi
  • Beach access within a short walk
  • Private garden and terrace
  • Kitchenette, air conditioning, smart TV

Communal facilities sit in a quiet setting ideal for relaxation after the beach. The common area maintenance (CAM) fee is stated at €160/mo. The location is a short walk to beach bars, restaurants and shops; Sosua town is about 20 minutes away and Puerto Plata International Airport about 30 minutes by car.

Year built
1998
Type
Condo
Land
Available on request

What this listing includes

  • Pool
  • Jacuzzi
  • Private pool
  • Beach access
  • Garden
  • Terrace
  • Air conditioning
  • Furnished

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