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For Sale Condo Featured EXCLUSIVE LISTING

FULLY RENOVATED 1-BEDROOM APARTMENT IN ENCUENTRO WITH FINANCING 🏝️

$185,000

Coral Crest, Cabarete, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

FULLY RENOVATED 1-BEDROOM APARTMENT IN ENCUENTRO WITH FINANCING 🏝️

Property ID – RDR-66883-property
Address – Coral Crest, Cabarete, Dominican Republic-RealtorDR-

Price

US $185000

Overview

|
Property ID : RDR-66883-property
Featured
Bedrooms
1
Bathrooms
1
Area
85 sq m
Seller Financing
Available
Gated Community
No
HOA
$240
Tax Exempt
No
Construction
Already Built
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Description

Discover this beautifully fully renovated 1-bedroom, 1-bathroom apartment located in Coral Crest, Encuentro 🌊

Financing Available:

  • $100,000 USD down payment
  • 5-year term
  • 8% annual interest

Just a 7-minute walk to the beach, this property offers the perfect blend of comfort, convenience, and coastal lifestyle.

The apartment is in excellent, move-in-ready condition, featuring modern finishes, an open and functional layout, and a bright, welcoming atmosphere—ideal for both personal use and rental income.

Enjoy being steps away from everything you need, including gyms, restaurants, and local hotspots, all while living in one of the North Coast’s most sought-after surf and lifestyle destinations.

Located only 30 minutes from Gregorio Luperón International Airport, this property is easily accessible for both short-term visitors and long-term stays.

Key Features:

  • 1 Bedroom | 1 Bathroom
  • Fully renovated – turnkey condition
  • 7-minute walk to Encuentro Beach
  • Close to gyms, restaurants, and amenities
  • Prime location for surfing and lifestyle living
  • 30 minutes to the airport

Whether you’re looking for a vacation home, rental investment, or full-time residence, this apartment offers outstanding value in a prime location.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Roberto Pereyra

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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.

Roberto Pereyra

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