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Building lot Playa Bonita

us$ 195.000 SOLD

Nice and spacious property for sale to build a villa. The property has water and electricity connections and is located in a quiet beachfront project directly at Playa Bonita in Las Terrenas.

The property is a 3-minute walk from the beautiful beach. On this same beach a well-known surf school and several very good restaurants.

This is the last undeveloped plot available in this project. All other landmarks are built with villas.

Monthly charges 200 usd per month. This is for use and maintenance of roads, street lighting, water, waste and security.

The photos also show a completely new house. It just finished, on the plot next door. Luixe and excellent finish. House with 6 bedrooms and 7 bathrooms, swimming pool and extra outside kitchen. This house is around 400m2 and costs about 300,000 usd (without plot) completely finished and licensed. Handmade furniture not included.

Property Id : 55299
Price: us$ 195.000 SOLD
Property Lot Size: 1.300 m2
Building Density Per Ha: 30

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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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