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For Sale Condo

🌅 MODERN 1-BEDROOM CONDO WITH ROOFTOP JACUZZI & OCEAN VIEWS – PROPERTY FOR SALE CABARETE

$199,000

Playa Encuentro, Dominican Republic-RealtorDR-

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🌅 MODERN 1-BEDROOM CONDO WITH ROOFTOP JACUZZI & OCEAN VIEWS – PROPERTY FOR SALE CABARETE

Property ID – RDR-63300-property
Address – Playa Encuentro, Dominican Republic-RealtorDR-

Price

US $199000

Overview

|
Property ID : RDR-63300-property
Bedrooms
1
Bathrooms
1.5
Area
105 sq m
Seller Financing
No
Gated Community
Yes
HOA
$200
Tax Exempt
No
Construction
Already Built
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Description

This stylish 1-bedroom condo is move-in ready, complete with elegant furniture and new premium appliances. From the bedroom, enjoy your morning coffee while taking in a 180° ocean view, with both sunrise and sunset right from your window. 🌅

The true highlight is your private rooftop terrace with Jacuzzi and panoramic ocean views. It’s the perfect space to relax, entertain, or simply enjoy the Caribbean breeze.

The residence also offers a lap pool surrounded by tropical landscaping, giving you a serene and refreshing place to live or rent.

Whether you’re looking for a smart investment with excellent rental income or a personal vacation escape, this property delivers both value and lifestyle.

Located in Encuentro Beach, you’re only a 5-minute walk from the beach, gym, and bakery. Plus, it’s just 5 minutes to Cabarete’s center and 10 minutes to the airport, making it one of the most convenient spots on the North Coast.

🇩🇴 About the Area 

Playa Encuentro, a vibrant community on the North Coast of the Dominican Republic, is renowned for its surfing scene and sustainable growth. Situated conveniently between Cabarete and Sosua, it offers easy access to amenities and attractions. Surrounded by lush scenery and a friendly atmosphere, it attracts surfers, families, travelers, and professionals alike. The neighborhood boasts a variety of dining options, recreational facilities, and a thriving beach culture. With recent developments including new condominiums and ongoing growth plans, Playa Encuentro remains a sought-after destination for residents and visitors alike.

Major Airports ✈️

20 minutes from Gregorio Luperón International Airport (POP) 

1:45 hours from Santiago de los Caballeros International Airport (STI) 

4 hours from Las Américas International Airport (SDQ) in Santo Domingo

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Audrey Meyer

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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.

Audrey Meyer

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