SOLD Sold After Jan 2024

 🌊 OCEANFRONT PARADISE: 4 VILLAS, POOL, YOGA PALAPA | ECO-HOTEL INVESTMENT IN CABRERA

SOLD $675,000

Cabrera, Dominican Republic-RealtorDR-

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 🌊 OCEANFRONT PARADISE: 4 VILLAS, POOL, YOGA PALAPA | ECO-HOTEL INVESTMENT IN CABRERA

Property ID – RDR-50943-property
Address – Cabrera, Dominican Republic-RealtorDR-

Price

SOLD

US $675000

Overview

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Property ID : RDR-50943-property
Bedrooms
4
Bathrooms
4
Lot Size
246.93 sq m
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Description

This breathtaking oasis offers not just a property but a lifestyle! Situated along the stunning coastline, this gem features:

🏡 4 separate one bedroom villas with private bathrooms and outdoor showers

🌟 Unique design that seamlessly blends luxury and nature

🏊‍♂️ Inviting swimming pool perfect for relaxation

🧘‍♀️ Oceanfront yoga palapa for serene sessions

👚 Laundry room for added convenience

☀️ Solar panels embracing eco-friendly living

This isn’t just a property; it’s an investment opportunity! Ideal for those envisioning an eco-conscious venture, this space is tailor-made for creating an enchanting eco hotel. Embrace the beauty of the surroundings and turn this into your dream eco-retreat. 🌿💫

Seize the chance to own this slice of paradise and transform it into an unforgettable destination for eco-travelers and nature enthusiasts. Don’t miss out on this incredible chance to make your eco-hotel dream a reality! 🌎✨

Furniture and appliances are not included in the price. 

Contact us now to explore the endless possibilities of this oceanfront gem! 📞🏝️

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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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