Sold After Jan 2023 COMPLETION READY

MODERN 3 BEDROOM VILLA IN THE HILLS OF EL CHOCO

$269,000

SOLD AS IS *OR* FINISHED TO YOUR STANDARDS

23 Photos
COMPLETION READY

MODERN 3 BEDROOM VILLA IN THE HILLS OF EL CHOCO

Property ID – RDR-35624
Address – SOLD AS IS *OR* FINISHED TO YOUR STANDARDS

Price

US $269000

Overview

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Property ID : RDR-35624-property
Bedrooms
3
Bathrooms
3
Garage
1
Area
220 m2
Lot Size
537 m2
Year Built
2023
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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?

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Description

SOLD

We are excited to introduce you to this property in the very sought after hills of El Choco right above the town of Sosúa, on the north coast of the Dominican Republic, only 20 minutes away from the Puerto Plata Airport (POP).

The villa is situated in a small residence and is one of few villas built there, therefore it is priced very well compared to the upcoming houses. The community is gated and as of now has very low HOA monthly fees.

The current stage is a little further than grey construction, therefore the main structure is built and is ready to be completed in about 3 months.

The villa is sold as is, however the owners have put together a very thoughtful designs and finishes that could be completed with around $64.000, bringing the total price for a complete villa to $269.000, however it is open for changes as you please.

Open, airy and modern would be the correct words used to describe this home. The ground floor consists of a large open space kitchen / living room area overlooking the residence as well as a guest bedroom and bathroom.

The first floor has one bedroom and bathroom on each side of the stairs and a huge terrace that could be transformed into another bedroom or two if required.

One could also look at this build as an investment in a way of conserving the build for the future completion once the other villas within the residence are completed and therefore have the opportunity to buy low, hold and sell at a higher rate as a new finished villa later.

The villa comes with a clean titulo and deslinde.

We are here to provide you with all the information you might require so please do not hesitate to e-mail or call us to schedule a viewing or ask anything.

About the Area

Sosúa is a city within the Puerto Plata province in the Dominican Republic, the great place ready for anything that comes to your mind. Sosúa is perfect for new beginnings main reason why many expats from all around the world have adopted Sosúa as a home. Sosúa is a great place for tourism, sports, business and a relaxed lifestyle. Just minutes from the town of Cabarete, well known as the water sport capital of the Dominican Republic.

For the warm Dominican weather, Sosua has beaches with stunning views and delicious food served right on the sand. Playa Sosúa, often called a natural pool for its quiet waters, is one of the most visited beaches on the North Coast and well known in the area for having some of the most stunning sunsets. Playa Chiquita and Playa Alicia are less crowded beaches along the same coast well known among locals as places to enjoy the day or the sunset.

Sosua has more amenities than Cabarete, that being restaurants, hospitals, shops, hotels, supermarkets and much more. Major Supermarkets such as Super Pola where our office is, and Playero where you can find many North American and European brands as well as specialty foods from all over the world.

Major Airports

  • 20 minutes from Gregorio Luperón International Airport (POP)
  • 1 hour a half hour from Santiago de los Caballeros International Airport (STI)
  • 4 hours from Las Américas International Airport (SDQ) in Santo Domingo

Features

Property on Map

Floor Plans

Ground FloorFirst Floor

Ground Floor

Open space living room with a direct access to an infinity pool. Storage and a guest bedroom or an office with a bathroom.

Bedrooms
1
Bathrooms
1
Ground Floor

First Floor

2 bedrooms with en-suite bathrooms and a large terrace

Bedrooms
2
Bathrooms
2
First Floor

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.