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For Sale Land LAND

🌄 EXPANSIVE 9,981 M² LOT IN PRESTIGIOUS HACIENDAS EL CHOCO

$250,000

Haciendas El Choco, Sosúa, Dominican Republic-RealtorDR-

🌄 EXPANSIVE 9,981 M² LOT IN PRESTIGIOUS HACIENDAS EL CHOCO
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For Sale Land LAND

🌄 EXPANSIVE 9,981 M² LOT IN PRESTIGIOUS HACIENDAS EL CHOCO

$250,000

Haciendas El Choco, Sosúa, Dominican Republic-RealtorDR-

🌄 EXPANSIVE 9,981 M² LOT IN PRESTIGIOUS HACIENDAS EL CHOCO
LAND

🌄 EXPANSIVE 9,981 M² LOT IN PRESTIGIOUS HACIENDAS EL CHOCO

Property ID – RDR-55758-property
Address – Haciendas El Choco, Sosúa, Dominican Republic-RealtorDR-

Price

US $250000

Overview

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Property ID : RDR-55758-property
Lot Size
9981 sq m
Seller Financing
No
Gated Community
Yes
HOA
$550
Oceanfront
No
Tax Exempt
No
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Description

🌴 Discover this impressive 9,981 m2 lot for sale in the exclusive Haciendas El Choco community in Cabarete. This prime piece of land offers the perfect setting for building your dream home or investment property, surrounded by vibrant greenery and scenic nature views.

The lot comes fully equipped with water and electricity connections, along with access to the community’s backup generator, ensuring uninterrupted utilities. Enjoy the tranquility of a secure, private community while being just a short drive away from Cabarete’s vibrant beach life and amenities.

This is a rare opportunity to own a large lot in one of the most sought-after communities on the north coast.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Hennah Perez Portorreal

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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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Hennah Perez Portorreal

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