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For Sale Condo Featured EXCLUSIVE LISTING

FURNISHED STUDIO AT RIZZ SUITES – CONDOS FOR SALE SOSUA 🌴

$122,000

Rizz Suites, Sosúa, Dominican Republic -RealtorDR-

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EXCLUSIVE LISTING

FURNISHED STUDIO AT RIZZ SUITES – CONDOS FOR SALE SOSUA 🌴

Property ID – RDR-55963-property
Address – Rizz Suites, Sosúa, Dominican Republic -RealtorDR-

Price

US $122000

Overview

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Property ID : RDR-55963-property
Featured
Bedrooms
Studio
Bathrooms
1
Area
48 sq m
Year Built
2023
Gated Community
Yes
HOA
$115
Oceanfront
No
Tax Exempt
No
Construction
Already Built
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Description

This roomy 48 m² studio is located on the second floor of Rizz Suites, just minutes from the heart of Sosúa 🌴 While the setting itself is peaceful and residential, you’re only a short drive or walk from the beaches, restaurants, supermarkets and the main town centre.

Although a studio, the layout is thoughtfully arranged with a separate kitchen area distinct from the sleeping space, creating a more comfortable and functional flow. Large windows in the bedroom area overlook the beautiful pool, bringing in natural light and a relaxing view.

The bathroom features a modern glass-enclosed shower with a contemporary open design, adding a stylish touch to the space.

The apartment is sold fully furnished, making it move-in or rental ready.

Rizz Suites offers:

  • Gated community with security
  • Attractive pool + bar area
  • On-site rental management program
  • New gym facility opening soon

An great option as a vacation retreat or rental investment, thanks to its convenient yet quiet location.

Contact me for more information or to arrange a viewing.

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.

Hennah Perez Portorreal

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