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Apartment studio Playa Bonita

us$ 68.000 1 left

Opportunity at Playa Bonita. Apartment/studio options. Each unit 65m2. Outdoor terrace, airco, kitchen, bathroom, etc. In a very nice apartment complex in a secure project at Playa Bonita. Perfect to start as small investment.

ONLY 1 LEFT.

Close to beaches, restaurants, surf clubs and bars at Playa Bonita. The complex has a nice tropical garden, large pool, and sun decks. Parking around the complex. All studios have a view over the garden and pool.

  • Option 1: corner studio from 65 m2 at 59,000 usd (larger outdoor terrace). HOA fees 5478 ps = 116 usd/month SOLD
  • Option 2: corner unit as above, at 68,000 usd and hoa 116 usd per month.
  • Option 2: Studio in the middle, also 65m2 at 64,000 usd. HOA fees 5478 ps = 116 usd/month SOLD
  • Option 3: second floor studio from 120m2 with 2 bedrooms at 150,000 usd 181 usd/month

You can combine option 1 and option 2 very easy by connecting them. And then you have a large 130 m2 apartment. Of course for a special price! another option is to connect a bottom studio with the studio above, to make an even larger unit, from 160 m2. The upper studio has a corner terrace and a large mezzanine inside which can be easily converted into the bedroom(s).

Pictures here are from the corner unit. distance to the beach around 250 meters.

 

Property Id : 59637
Price: us$ 68.000 1 left
Property Size: 68 m2
Bedrooms: 1
Bathrooms: 1
pool
fenced yard
wifi available
sat tv available

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  • General Information

    Legal & notary fees to buy the property and to put the title on your name in general 1% over the sales price. And over that amount 18% itbis. So a home from 200,000 usd will do in legal and notary fees around 2,360 usd. More info here...

    Transfer property tax: is 3,1% of the registered value from the property at the DGII (DR tax-office). More info here...

    Ownership: There are no restrictions for foreigners to purchase and/or own real estate in the Dominican Republic. Full ownership 100% on your name or whatever other legal entity/company. More info here...

    Yearly property taxes: Property(s) owned by an individual and assessed by the DGII (DR tax-office) below DOP 7,019,383 (around 150,000 usd) will be exempt of yearly property taxes and any excess will pay 1% per year over that difference. All properties owned by a company will pay 1% per year of the assessed value with no exemptions. More info here...

    Deslinde: According the DR's Property Registry Law a property purchase cannot be recorded at the Property Registry without a clear Certificate of Title (with deslinde). A "deslinde" refers to a clear title which has been issued after the property has received the final judge's approval certifying it has been properly surveyed and that its property lines and boundaries have been clearly defined and established from the original title dating prior to the new registry law or a new title altogether. No purchase should be carried out without a clear Certificate of Title. More info here...

    Construction prices: The average construction prices are starting around 600 usd per m2 (60 usd per sf2). This is a basic construction with concrete polished floor, wooden or concrete thatched roof for example, pine tree wood or oak. Pool prices do around 500 usd per m2 (50 usd per sf2). Marmoline inside, with poolpump and filter. More info here...

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