Sold After Jan 2023 EXCLUSIVE LISTING

Turnkey 1 Bedroom Condo in Sosua Ocean Village

$162,000

Sosua Ocean Village, Sosúa 57000, Dominican Republic -RealtorDR-

27 Photos
EXCLUSIVE LISTING

Turnkey 1 Bedroom Condo in Sosua Ocean Village

Property ID – RDR-30867
Address – Sosua Ocean Village, Sosúa 57000, Dominican Republic -RealtorDR-

Price

US $162000

Overview

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Property ID : RDR-30867-property
Bedrooms
1
Bathrooms
1
Area
59 sq m
Year Built
2022
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One Bedroom Vacation Condo in Sosua Ocean Village - FOR SALE EXCLUSIVELY by RealtorDR
Turnkey 1 Bedroom Condo in Sosua Ocean Village
Description

SOLD

Enjoy the ultimate resort lifestyle at this beautiful recently built 1 bedroom condo. Located in Sosua Ocean Village, you will have many amenities and restaurants to enjoy. This unit is on the ground floor with a pool view and is fully furnished with top quality furniture including a washing machine inside the unit! A great investment with high rental potential. Priced to sell! This gem will not last on the market for long!

About The Community

Sosua Ocean Village is a gated community that sits between Playa Laguna and Playa Chiquita. Sosua Ocean Village, or SOV, as it’s more commonly called, was designed and developed by a Russian company. SOV is a well kept and all-inclusive community that focuses on rentals and hospitality.

Unlike other communities, SOV has a marketing department and a rental program that runs like a well-oiled machine so that owners can enjoy comforts of suburban living while having the option to rent their property for an income.

Two separate water parks and several beachfront attractions like indoor and outdoor gyms, Olympic swimming pool, playgrounds, bars, restaurants, make this community a place everyone wants to visit.

Top notch security and sidewalks make it a place where families flock enjoying the peace of mind of kids playing freely outside.

Financing

Owner will finance $20k of the purchase price for 10 months with 6.5% interest

Watch a Sky Tour of SOV Here.

View more about this community and the properties we have for sale here in the link below: https://realtordr.com//property-ci…

Features

Property on Map

Have Questions About Life in the Dominican Republic?

Ask anything about living, buying, investing, or relocating to the Dominican Republic.

💰 What’s the cost of living?
🏥 How does healthcare work?
🏡 Can foreigners buy property?

📈 What’s the rental income potential?
🛂 How do I get residency?
🏖 Which area is best for me?

Chat with RealtorDR AI Assistant

Powered by thousands of real buyer conversations, local expertise, and hundreds of DR listings.

What people who were once in your shoes have to say

Jessica Fernandez

I had the pleasure of working with Cornell Wilson last month to purchase a piece of land in Sosúa. From start to finish, he made the entire process straightforward and stress-free. Since I was unable to travel to the Dominican....

Judit Ronai

I loved Natalie`s personality, beauty, kind confidence and professionalism, more importantly, she truly understands the DR real estate market! At first, I didn’t like what she had to say about my dearly loved property. Natalie was refreshingly-and sometimes brutally-honest. She....

HABI DOMINICANA

We listed a property exclusively with Realtor DR, and the experience was excellent from start to finish. Brett Henry handled the exclusive listing, and from the beginning of the process through the final closing, which was managed by Hennah Pérez,....

Lolo Manso

(Translated by Google) I want to thank Hennah Pérez for her professionalism and excellent work, which made one of my dreams come true by helping me acquire a wonderful property in Cabarete. The transaction was quick and efficient. Thanks again,....

Barb Pellerin

We met with Audrey and her knowledge of the market was immediately evident. This made us feel confident in having her sell our property. Additionally, the RealtorDR organization was behind her providing a legal team, along with a large team....

Andrew Bell

I recently purchased a villa in Dominican Republic, and I can’t recommend my agent, Cornell, enough. He was outstanding throughout the entire process, handling every detail with care and professionalism. Even when challenges came up, I felt confident knowing I....

FAQs

Yes! The buying process for foreigners and Dominicans is exactly the same. No matter your citizenship status, you can own property in the DR.
Closing costs are typically 3.5% additional to the sales price. 1% would be for the lawyer’s fees and 2.5% go straight to the government for title transfers and taxes.
Not only can you receive quality healthcare in the DR, it is very affordable. A standard visit to your General Doctor would cost less than $25 USD without insurance and you can get a top tier insurance policy for $400 USD per year.
Yes. Property taxes are 1% per year of the appraised value of the property in the tax office of approximately over $150,000USD. So if your property is officially valued at $200,000USD, you would pay 1% yearly property taxes on just $50,000USD.
The DR’s policy for extended stay of non-residents is one of the most relaxed in the world. You only need to pay a fee if you stay longer than your tourist visa. Your tourist visa from the airport expires in 30 days, so if you leave 30 days – 3 years after your visa expires, you will pay a fee at the airport that is calculated based on how long you stayed.
No. It is just as easy to own property in the Dominican Republic for citizens as it is for visitors. That being said, getting residency in the DR is a straightforward yet lengthy process that can be beneficial for some.
For non-residents it is possible to get financing from local banks like Scotiabank or Banco Popular however, it is not common and most property transactions in the DR are cash purchases. Having residency or citizenship in the Dominican Republic can be advantageous when getting financing to buy property.