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HOUSE WITH 2 APARTMENTS IN SOSUA– GREAT RENTAL OPPORTUNITY 🌴

$227,000

Calle Mota, 57000, Dominican Republic -RealtorDR-

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HOUSE WITH 2 APARTMENTS IN SOSUA– GREAT RENTAL OPPORTUNITY 🌴

Property ID – RDR-24761-property
Address – Calle Mota, 57000, Dominican Republic -RealtorDR-

Price

US $227000

Overview

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Property ID : RDR-24761-property
Bedrooms
4
Bathrooms
4
Garage
2
Area
129 sq m
Lot Size
151 sq m
Seller Financing
No
Gated Community
No
HOA
$0
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HOUSE WITH 2 APARTMENTS IN SOSUA– GREAT RENTAL OPPORTUNITY 🌴

Invest in a prime rental property with this gorgeous cul-de-sac house! Perfect for those seeking a consistent income, this house offers two fully-furnished apartments that are both comfortable and functional. With two bedrooms, two bathrooms, a kitchen, and a garage in each unit, renters will love their new home.

Each apartment also features an outdoor space, either a private balcony or a tranquil garden, for relaxing and unwinding.

Located in a quiet community, this property offers privacy and serenity, surrounded by lush greenery and surrounded by a fenced boundary.

Don’t miss your chance to secure this fantastic investment opportunity!

About The Community

Sosúa, a thriving city in Puerto Plata, Dominican Republic, presents an ideal opportunity for real estate investors. The city has attracted a multicultural community seeking new beginnings, making it a desirable place to live. With its diverse offerings of tourism, sports, business, and a relaxed lifestyle, Sosúa is a prime location for real estate investments.

Situated just a short 20-minute drive from Puerto Plata city and Cabarete, known for its water sports, Sosúa provides a central location for all your investment needs.

What To Find Around The Place

For the warm Dominican weather, Sosua has beaches with stunning views and delicious food served right on the sand. Playa Sosúa, often called a natural pool for its quiet waters, is one of the most visited beaches on the North Coast and well known in the area for having some of the most stunning sunsets. Playa Chiquita and Playa Alicia are less crowded beaches along the same coast well known among locals as places to enjoy the day or the sunset.

What makes Sosúa Special?

  • Restaurants, with the best touch of Dominican cuisine.
  • Plenty of hotels and apartment buildings
  • Both Urban and country environments
  • Major Supermarkets such as Super Pola where our office is, and Playero where you can find many North American and European brands as well as specialty foods from all over the world.

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

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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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