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For Sale Condo

🏗️ PRE-CONSTRUCTION 2BED CONDO IN A GATED COMMUNITY 🏡

Starting at: $118,900

Los Castillos, Sosua, Dominican Republic-Realtor DR-

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🏗️ PRE-CONSTRUCTION 2BED CONDO IN A GATED COMMUNITY 🏡

Property ID – RDR-48213-property
Address – Los Castillos, Sosua, Dominican Republic-Realtor DR-

Price

Starting at:

US $118900

Overview

|
Property ID : RDR-48213-property
Bedrooms
2
Bathrooms
2
Area
71 sq m
Year Built
2024-2026
Seller Financing
No
Gated Community
Yes
HOA
$2/sqm
Oceanfront
No
Tax Exempt
No
Luxury Listing
No
Construction
Pre-Construction
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Description


🏡 240 luxurious apartments distributed throughout the complex
🌳 Four parks for social and sports enjoyment
🏊‍♂️ Two swimming pools
🏋️ A complete gym
🏀 Basketball/volleyball and 🎾 tennis courts
👧 Children’s playground area
🍹 A bar-restaurant
🚑 Emergency room
🧸 Daycare

The exquisite and luxurious design, in harmony with the surrounding architecture, provides the best living conditions for each family. We offer two types of apartments:

  • Type A (71 sq. m.) with two bedrooms priced at USD$118,900
  • Type B (95 sq. m.) with three bedrooms priced at USD$129,900


💸 We understand that the financial commitment involved in purchasing a property can be significant. That’s why we offer flexible payment plans to accommodate your needs:

Payment Plan:

  • 3000 reservation.
  • 20% with Promise of sale contract 30 days later minus reservation fee.
  • 20% at the start of construction
  • 20% 60 days after 3rd payment.
  • 40% upon delivery.

Rental Program available for those owners who want to rent their apartments, ensuring a return on investment.

🛌 Rental Program available for those owners who want to rent their apartments, ensuring a return on investment.

🔒 This project promotes community values and preserves the security that you and your family require. 24/7 security, a surveillance system, and an electric power plant.

💸 Hoa= $124

📅 Delivery:

  • Block 1 – December 2024
  • Block 2 – August 2024
  • Block 3 – April (Sold Out)
  • Block 6 – March 2026 
  • Block 7 – September 2026
  • Block 8 – March 2027

🌟 Don’t miss the opportunity to acquire your dream apartment. Contact us today to reserve your unit.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Hector Buacier

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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.

Hector Buacier

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