SOLD Sold After Jan 2023 SOLD

🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC

HOT DEAL! $110,000 $140,000

Encuentro Beach, Dominican Republic, Dominican Republic -RealtorDR

🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC
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SOLD Sold After Jan 2023 SOLD

🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC

HOT DEAL! $110,000 $140,000

Encuentro Beach, Dominican Republic, Dominican Republic -RealtorDR

🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC
SOLD

🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC

Property ID – RDR-46715-property
Address – Encuentro Beach, Dominican Republic, Dominican Republic -RealtorDR

Price

HOT DEAL!

US $110000

$140000

Overview

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Property ID : RDR-46715-property
Lot Size
500 sq m
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Description

SOLD

“Prime 500M2 Lot in Encuentro: Your Canvas for Residential, Family, or Commercial Excellence. Seize the Opportunity! 🏝

🏄‍♂️ Playa Encuentro is easily one of our favorite communities on the North Coast of the Dominican Republic. Not only is it the mecca for surfing on this island, it is also a wonderful neighborhood that has grown in a sustainable way.

🏄‍♀️ The Ministry of Tourism has named Cabarete the Surf and Wind capital of the Dominican Republic; the surf beach is Playa Encuentro.

📍 Located between Perla Marina and Costa Azul, this neighborhood is equidistant from both Cabarete’s city center, and Sosua’s center. In less than 8 minutes you can reach the restaurants, shops, supermarkets, offices, clubs, and attractions in Cabarete and Sosua. 🍽️🛍️🏨🌴”

Features

Welcome to Playa Encuentro, Dominican Republic. (Presented by Ciolko Arts & RealtorDR.com)
🌊SURFER’S PARADISE FOUND: EXCEPTIONAL LOT IN THE HEART OF PLAYA ENCUENTRO, DOMINICAN REPUBLIC

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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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