Sold After Jan 2023

Kite Beach 2 bedroom villa. High rental income potential!

$269,000

Kite Beach, Cabarete 57000, Dominican Republic RealtorDR

12 Photos

Kite Beach 2 bedroom villa. High rental income potential!

Property ID – RDR-16290
Address – Kite Beach, Cabarete 57000, Dominican Republic RealtorDR

Price

US $269000

Overview

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Property ID : RDR-16290-property
Bedrooms
2
Bathrooms
2.5
Garage
2
Area
117
Lot Size
482
Year Built
2021
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Newly Built Villa in Kite Beach, Cabarete FOR SALE for $260K! - RealtorDR.com ????????
Kite Beach 2 bedroom villa. High rental income potential!
Description

SOLD

This newly finished villa was completed this summer of 2022. Standing alone on this gorgeous 400m2 lot, with its own private swimming pool and a young garden, full of potential.

With 2 bedrooms and 2.5 bathrooms, this bright property has a kitchen with contemporary finishings. The living room is breezy and opens up onto the covered terrace area over looking the pool and surrounding gardens.

On the second floor, the primary bedroom has its own spacious bathroom and the second bedroom is bright with a shared bathroom. The roof is accessible and possible to create extra living space on top.

Step out from your property, with its own off the road and private parking. Walk over the road and you are at the world famous Kite Beach with different restaurants, cafes and Kite schools on the sandy beach.

In the morning, it is perfect for long walks and swimming in the crystal clear waters, come the afternoon the beach transforms into magic, where the sky lights up with Kites and Cabarete’s finest water sports.

This unique villa is in high demand for rentals, especially within the Kiting industry.

Opportunities like this don’t come around every day!

Contact us today to learn more.

About The Community

Kite Beach is a short strip of condos and hotels on a top ten kite surfing destination in the world.

The majority of the real estate in this area is oceanfront. Restaurants are at almost every hotel and as early as 11am you can see kite surfers getting ready to enjoy their kite surfing session and or lessons.

Kiteboarding in Cabarete

Today, due to 330 days of wind Cabarete remains a top 10 destination for kitesurfing. Kite Beach is considered a world class kiting spot and has been the hometown of some of the worlds best kite surfers. Two time vice-world champion, 2018 World Champion, and Youth Olympic Gold medalist Adeuri Corniel was born and raised in Cabarete. There is also Lorenzo Calcaño and Alex Soto, who are still on the circuit and are top ten athletes in the world to name a few.

Major Airports

15 minutes from Gregorio Luperón International Airport (POP)

1 hour and a half from Santiago de los Caballeros International Airport (STI)

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

Features

Property on Map

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.