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Caribbean home

us$ 315.000

a very spacious Caribbean home for sale inside a safe gated beachfront community at Playa Bonita in Las Terrenas. Playa Bonita belongs to be best areas from Las Terrenas. And of course a very nice beach with 7 restaurants, bars, and surf clubs.

The villa is located in a larger beachfront zone with an apartment complex inside, a hotel/resort and the villa complex where this villa is located. You can use the beachfront restaurant as well and under terms, you can even use the large pool and relax area from the hotel.

This villa has a nice large garden so space enough to add a pool if you like. A pool does around 500 usd per m2, so if you want a pool from 30m2 it will cost you around 15,000 usd. Ready to swim, with pumps, water, etc.

The villa has a large outdoor terrace, very high ceilings and spacious bedrooms with each their own private bathroom. The villa is at 200 meters (600 ft)  distance from the beach. Center town where shopping and groceries are, 7 minutes by car.

The villa comes furnished. 200 usd per month hoa fees. Title and deslinde according to the new law.

Property Id : 59410
Price: us$ 315.000
Property Lot Size: 1.141 m2
Bedrooms: 3
Bathrooms: 3
Year Built: 2009
Parking: Open parking
Roof Type: Wood + Thatched
Structure Type: Blocks
Septic: Septic on property
Gated Community: yes
tropical garden
wifi available
sat tv available
laundry
washer

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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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