Caribbean MLSReal Estate

Young Coconut Farm Within “Coconut Forest Zone” Nagua

Available on request

The brief

The reason to consider it.

Young coconut farm located within the “Coconut Forest Zone” in Nagua. The property spans 4,400 tareas and is situated 45 minutes from Nagua city center. Access is via 60% off-road and 40% paved roads. 50% of the land is titled, with the remaining 50% in the process of being titled.

Last confirmed

Type
Land
Zoning
Coconut Forest Zone
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