SOLD Sold After Jan 2023 EXCLUSIVE LISTING

Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community

$285,000

Cabarete 57000, Dominican Republic -RealtorDR

Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community
13 Photos
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SOLD Sold After Jan 2023 EXCLUSIVE LISTING

Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community

$285,000

Cabarete 57000, Dominican Republic -RealtorDR

Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community
EXCLUSIVE LISTING

Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community

Property ID – RDR-36401-property
Address – Cabarete 57000, Dominican Republic -RealtorDR

Price

US $285000

Overview

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Property ID : RDR-36401-property
Bedrooms
2
Bathrooms
2
Area
100 sq m
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Description

SOLD

This is a 2 Bedroom Condo unit in a Beachfront complex. The apartment comes fully furnished and boasts a extra unit that can be easily turned into your rental income.

This stunning 2 bedroom, 2 bathroom apartment is located in the beautiful Cabarete community, built in 2001 and completed development stage.

The unit measures 100 sq. m. and features a spacious and comfortable living area with modern furnishings, a fully equipped kitchen with gas cooktop, stove, fridge, and freezer, and a walk-in closet for ample storage. Enjoy the ocean view from the private balcony or terrace.

The property is complete with ceiling fans, wall air conditioning, and granite kitchen counters. With a lap pool, restaurant, and pet-friendly facilities, this is a perfect place to call home.

The 250 HOA fee includes sewage and water, as well as access to the community’s beach club, and a 1 parking spot. The property is conveniently located near a supermarket and has a back up generator for peace of mind. This is an ideal property for anyone looking for a safe and secure place to live, with stunning ocean views. Contact Julius for more information on this fantastic opportunity!

Features

Stunning Oceanfront Ground Floor Apartment Right on Cabarete Beach - For Sale Exclusive to RealtorDR
Stunning Oceanfront Ground Floor Apartment in Amenity-rich Cabarete Community

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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.
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