SOLD Sold After Jan 2025

🏡 STUNNING 3 BEDROOM VILLA WITH OCEAN VIEW IN GATED COMMUNITY

SOLD $575,000

Panorama Village, Sosua, Sosúa, Dominican Republic-RealtorDR-

21 Photos

🏡 STUNNING 3 BEDROOM VILLA WITH OCEAN VIEW IN GATED COMMUNITY

Property ID – RDR-51440
Address – Panorama Village, Sosua, Sosúa, Dominican Republic-RealtorDR-

Price

SOLD

US $575000

Overview

|
Property ID : RDR-51440-property
Bedrooms
3
Bathrooms
3
Lot Size
2696 sq m
Seller Financing
No
Gated Community
Yes
HOA
$475
Oceanfront
No
Tax Exempt
No
Luxury Listing
No
Construction
Already Built
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🛂 How do I get residency?
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Description

SOLD

Welcome to your dream home nestled on the hills with breathtaking ocean views! This magnificent 3-bedroom villa offers luxury living in a gated community with controlled access, ensuring privacy and security for you and your loved ones.

Property Features:

  • 🛏️ Bedrooms: 3 spacious bedrooms, each designed for comfort and relaxation.
  • 🚿 Bathrooms: 3 elegantly appointed bathrooms, offering convenience and style.
  • 📺 Family/Media Room: Enjoy quality time with family and friends in the expansive family/media room, perfect for entertaining or relaxing.
  • 🌅 Ocean View: Wake up to stunning ocean views from the comfort of your own home, providing a sense of tranquility and serenity.
  • 🏞️ High Ceilings: Soaring high ceilings throughout the villa create an airy and open atmosphere, enhancing the feeling of spaciousness.
  • 🌴 Wraparound Terrace: Step outside onto the spacious wrapping terrace and soak in the panoramic views of the ocean and surrounding landscape. This outdoor space is ideal for al fresco dining, lounging, or simply enjoying the beauty of nature.
  • 🏘️ Gated Community: Located within a gated community, offering added peace of mind and exclusivity.
  • 📍 Location: Situated on the hills overlooking the ocean, this villa offers the perfect blend of natural beauty and modern convenience. Enjoy easy access to nearby beaches, restaurants, shops, and entertainment options, while still enjoying the tranquility and privacy of hillside living.

Don’t miss out on the opportunity to make this exquisite villa your own slice of paradise! Contact us today to schedule a viewing.

Features

Property on Map

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.