SOLD Sold After Jan 2023 LAND

Exclusive lot in Sea Horse Ranch, Las Palmas.

$350,000

Sea Horse Ranch, Cabarete.

Exclusive lot in Sea Horse Ranch, Las Palmas.
10 Photos
123457896Photo Oct 22, 8 09 33 PM
SOLD Sold After Jan 2023 LAND

Exclusive lot in Sea Horse Ranch, Las Palmas.

$350,000

Sea Horse Ranch, Cabarete.

Exclusive lot in Sea Horse Ranch, Las Palmas.
LAND

Exclusive lot in Sea Horse Ranch, Las Palmas.

Property ID – RDR-15487-property
Address – Sea Horse Ranch, Cabarete.

Price

US $350000

Overview

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Property ID : RDR-15487-property
Lot Size
2687 sq m
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Description


Ever dreamed of building your own Caribbean villa in an exclusive gated community? Now’s the chance!

Sea Horse Ranch is one of the most prestigious residentials on the north coast of the DR offering numerous amenities such as; a beachfront restaurant, equestrian center, private beach, 24/7 security + back-up generator, tennis courts and much more.

RealtorDR’s trusted Partner program includes a selection of architects, engineers and builders to choose from – we are here to help you from start to finish with any new construction.

Financing option by owner with 60% up front and 40% up to 4 years at 12% interest per year

Features

Home construction with RealtorDR.
Exclusive lot in Sea Horse Ranch, Las Palmas.

Property on Map

Property Views

What people who were once in your shoes have to say

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.
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