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For Sale Land Featured EXCLUSIVE LISTING

🏝️ COMMERCIAL LAND FOR SALE IN ENCUENTRO | 4,500 M² BETWEEN CABARETE & SOSUA

$675,000

Playa Encuentro, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

🏝️ COMMERCIAL LAND FOR SALE IN ENCUENTRO | 4,500 M² BETWEEN CABARETE & SOSUA

Property ID – RDR-69346-property
Address – Playa Encuentro, Dominican Republic-RealtorDR-

Price

US $675000

Overview

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Property ID : RDR-69346-property
Featured
Lot Size
4500 sq m
Seller Financing
No
Gated Community
No
HOA
$0
Tax Exempt
No
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Description

🏝️ An Exceptional Commercial Development Opportunity in Encuentro

An exceptional opportunity to acquire 4,500.66 m² of strategically located land in Encuentro, directly across from The Connection community and ideally positioned between Cabarete and Sosúa. 🏝️

The property is approximately 5 minutes from Encuentro Beach, one of the Caribbean’s most popular surf destinations, and only 20 minutes from Puerto Plata International Airport (POP).

This high-visibility location offers excellent potential for a wide range of commercial or mixed-use developments, including:

With its generous size and prime location, potential development opportunities could include:

  • Commercial plaza or retail center
  • Restaurants, cafés, and shops
  • Boutique hotel or apart-hotel
  • Mixed-use development with commercial spaces and apartments
  • Wellness, fitness, or coworking center
  • Surf and lifestyle-oriented businesses
  • Offices or professional services
  • Supermarket or convenience retail

Ideal for: Commercial or mixed-use development

A rare opportunity to secure a substantial piece of land in one of the fastest-growing areas on the North Coast of the Dominican Republic, strategically located between the lifestyle hub of Cabarete and the amenities of Sosúa.

🇩🇴 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

Property on Map

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Audrey Meyer

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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.

Audrey Meyer

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