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SOLD Sold After Jan 2023 Villa SOLD

Your Ultimate Vacation Home and Income Generator

$549,000

Fully Furnished in Sosua Ocean Village Seaside -Gated Community-

34 Photos
SOLD

Your Ultimate Vacation Home and Income Generator

Property ID – RDR-45817
Address – Fully Furnished in Sosua Ocean Village Seaside -Gated Community-

Price

US $549000

Overview

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Property ID : RDR-45817-property
Bedrooms
4
Bathrooms
4.5
Garage
3
Area
330 sq m
Lot Size
511 sq m
Year Built
2019
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Sky Tour of Sosua Ocean Village - A Top Gated Community in the Dominican Republic - 4K
Your Ultimate Vacation Home and Income Generator
Description

SOLD

This Sosua Ocean Village Villa is your ultimate vacation home and income generator! Not only gorgeous but also a cash cow waiting to happen!

Sosua Ocean Village is like living in a resort, but you have neighbors you love and a community feel. With outdoor parks and sports courts, beachfront pools and restaurants, gyms, and spa, you can literally live where others vacation.

The home is comfortable for a large family home or as a vacation home/rental property. It comes fully furnished and has been decorated to be lived in full-time so it really is a turn key home. The massive pool is perfect for throwing pool parties and the poolside BBQ, wet bar, dining area, shower, and shaded patio make chilling by the pool under the palm trees a dream come true.

The pool isn’t the only outdoor area to enjoy here, there are 2 separate second floor terraces that look right out at the ocean. You’ll be sipping your morning coffee with the best view in town. There is also a flat rooftop that only needs a stairway built for access, views from up here are even nicer.

Back to the inside of this home we have 4 bedrooms each with their own full bath, 3 are like master bedrooms with walk-in closet. Beside the impressive kitchen is a large closed laundry room and a separate half bathroom for guests.

What makes this a great rental property is that 3 of the 4 bedrooms are extra large like master suites with ensuite bathrooms and walkin closet, this is good for group vacationers looking for rentals in which guests can all have ample private space. Of course the true master bedroom upstairs has taken it up a notch and is much bigger and boasts a private ocean facing balcony, stand alone bathtub, his and her vanity sink, and a much larger walk in closet than the 2 master suites downstairs. The fourth bedroom is perfect for an office or a cute kids room and has its own full bathroom. Between the office and master bedroom are 2 different balconies: one is ocean facing and would be the potential roof access point, and the other is pool facing. Each have comfortable deck furniture.

The whole vibe inside is open and chill, so it feels like you’re on a permanent vacation. Built in 2019, so everything is modern and fresh.

A rental analysis is available upon request. SOV has great rental returns and property has been appreciating steadily in this community since its start in 2007.

For more information about owning a slice of paradise and making rental income at the same time contact me,
Gigi Tea at (849) 633-1490.

Features

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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?

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.