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For Sale Townhouse

🏡 OCEANVIEW 4-BED FIXER-UPPER WITH ENDLESS POTENTIAL

$240,000

SosĂșa, Dominican Republic-RealtorDR-

🏡 OCEANVIEW 4-BED FIXER-UPPER WITH ENDLESS POTENTIAL
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For Sale Townhouse

🏡 OCEANVIEW 4-BED FIXER-UPPER WITH ENDLESS POTENTIAL

$240,000

SosĂșa, Dominican Republic-RealtorDR-

🏡 OCEANVIEW 4-BED FIXER-UPPER WITH ENDLESS POTENTIAL

🏡 OCEANVIEW 4-BED FIXER-UPPER WITH ENDLESS POTENTIAL

Property ID – RDR-57655-property
Address – SosĂșa, Dominican Republic-RealtorDR-

Price

US $240000

Overview

|
Property ID : RDR-57655-property
Bedrooms
4
Bathrooms
3
Area
150 sq m
Lot Size
270 sq m
Seller Financing
No
Gated Community
No
HOA
$0
Oceanfront
No
Tax Exempt
No
Luxury Listing
No
Construction
Already Built
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Description

This 4-bedroom home in SosĂșa is a true diamond in the rough, offering incredible ocean views and endless potential for the right buyer. The house needs significant work, but with the right vision and effort, it could become a stunning retreat.

Features include:

4 Bedrooms
Spectacular Ocean Views: Panoramic views of the sea that make this property truly special.
This is a great opportunity for someone willing to take on a project. If you’re ready to roll up your sleeves and bring this property back to life, this home could be your dream come true.

Features

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25 Years Fixed
6.95% Interest
  • Principle and Interest

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Julius Utermann

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849-633-1188

+1(562) 620-4874

+1(829)779-1220

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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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