Location:

SOLD Sold After Jan 2024

House with a Well Sized Terrain in Puerto Plata!

SOLD! $250,000

Puerto Plata 57000, República Dominicana -RealtorDR

6 Photos

House with a Well Sized Terrain in Puerto Plata!

Property ID – RDR-45195
Address – Puerto Plata 57000, República Dominicana -RealtorDR

Price

SOLD!

US $250000

Overview

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Property ID : RDR-45195-property
Bedrooms
5
Bathrooms
3
Lot Size
1,160 sq m
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Why Invest in a Dominican Home? - RealtorDR.com
House with a Well Sized Terrain in Puerto Plata!
Description

SOLD!

Welcome to this exceptional real estate investment opportunity in central Puerto Plata! This spacious property boasts a generous lot size of 1160 square meters, providing ample space for various outdoor activities and landscaping possibilities.

The main highlight of this property is its sizeable 5-bedroom, 3-bathroom house, providing plenty of room for a large family or potential for rental income. With five bedrooms, you can easily create personalized spaces such as home offices, guest rooms, or hobby rooms. The three bathrooms ensure convenience and comfort for all residents and guests.

One of the unique features of this property is its private apartment with a separate entrance. This apartment could serve as a potential source of rental income or provide independent living quarters for extended family members or guests. The additional living space adds versatility and value to this property.

While this property is a fixer-upper, don’t be discouraged, as it presents an extraordinary opportunity to unleash its true potential. With some work and creative vision, this house has the potential to transform into a spectacular residence that suits your specific needs and desires. Whether you envision a contemporary oasis, a charming traditional home, or anything in between, the canvas is yours to paint.

Embrace the chance to customize and renovate this property according to your tastes, preferences, and lifestyle. Imagine crafting your dream home, tailor-made for you and your family, or seize the investment opportunity to create a lucrative rental property.

Located in central Puerto Plata, this property offers the advantage of easy access to various amenities, schools, parks, shopping centers, and entertainment options. Enjoy the convenience of urban living while still relishing the privacy and tranquility of your expansive lot.

Don’t miss out on this one-of-a-kind opportunity to turn this fixer-upper into the home of your dreams or an attractive investment venture. Contact me today to schedule a visit and explore the vast potential that awaits in this remarkable property. Act quickly, as a gem like this won’t stay on the market for long!

Features

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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.