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Bed & Breakfast Las Terrenas

us$ 780.000
Las Terrenas, Dominican Republic, , ,
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For those who want to live and work under the sun a great opportunity. This very beautiful and very well maintained B & B is now on sale, here in Las Terrenas.

The bed and breakfast is an excellent location relative to downtown and the various beaches of Las Terrenas. It has ample parking and a large pool. There are four well-maintained bungalows. Each bungalow is approximately 100 m2 (1,080 sq ft) in size. There is satellite TV and internet access. The bed and breakfast is in a small gated complex with 24 hrs security.

Each bungalow has a lounge with kitchen, covered patio, 1 or 2 bedrooms and washer or washing machine connection:

  • Bungalow 1: lounge, covered terrace, kitchen with bar, terrace, 2 bedrooms, 1 bathroom, 122 m2 (1,313 sq ft)
  • Bungalow 2: lounge, covered terrace, kitchen with bar, terrace, one bedroom, 72 m2 (775 sq ft)
  • Bungalow 3: lounge, covered terrace, indoor kitchen, one bedroom with air conditioning, extra toilet, washing machine, 109 m2 (1,173 sq ft)
  • Bungalow 4: lounge, covered terrace, kitchen with bar, terrace, 2 bedrooms, 1 bathroom, 90 m2 (969 sq ft)

Technical details:

  • Plot 1.613 m2 / 0.4 acres
  • Total construction area: 420 m2 (4,520 sq ft)
  • pool 11 x 5 meters / 36 x 16 ft
  • shed and technical room 26 m2 / 280 sq ft
  • parking space 14 x 12 m / 46 x 40 ft
  • community fees 6,000 pesos per month (133 usd per month) and employees together with electricity bill 21,000 pesos per month ( 470 usd per month)
Address: Las Terrenas, Dominican Republic
Country: Dominican Republic
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Property Id : 35945
Price: us$ 780.000
Property Size: 420 m2
Property Lot Size: 1.613 m2
Bedrooms: 6
Bathrooms: 5
Pool Size In M2: 55
Year Built: 2007
Parking: open parking
Roof Type: concrete
Structure Type: blocks
Septic: septic on property
pool
tropical garden
fenced yard

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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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