SOLD Sold After Jan 2025 Featured EXCLUSIVE LISTING

TURNKEY STUDIO IN OCEAN DREAM 🌴 – CABARETE REAL ESTATE

SOLD $140,000

Ocean Dream, Cabarete, Dominican Republic-RealtorDR-

13 Photos
EXCLUSIVE LISTING

TURNKEY STUDIO IN OCEAN DREAM 🌴 – CABARETE REAL ESTATE

Property ID – RDR-59414-property
Address – Ocean Dream, Cabarete, Dominican Republic-RealtorDR-

Price

SOLD

US $140000

Overview

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Property ID : RDR-59414-property
Featured
Bedrooms
S
Bathrooms
1
Area
51 sq m
Seller Financing
No
Gated Community
Yes
HOA
$328
Tax Exempt
No
Construction
Already Built
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Description

SOLD

Looking for a smart investment in Cabarete?
This 51.45 m² studio in the well-managed Ocean Dream community offers exactly that. It’s consistently booked on Airbnb with strong performance and repeat guests, making it a proven income generator from day one.

The layout is simple and efficient: open living space, a full kitchen, private balcony, and everything your guests—or you—need for a comfortable stay. Parking space included.

Monthly costs are easy to manage:

  • HOA: $985 per quarter including electricity (that’s about $328/month)
  • On-site property management: $80/month

Just a short walk to the beach 🏖️, restaurants, and everything that makes Cabarete special. Whether you’re looking for a hands-off rental or a personal base in paradise, this one delivers.

Always rented. No guesswork. Just results.

About the Area 🌴

Cabarete is easily one of the favorite places on the North Coast of the Dominican Republic. 

Cabarete Beach, known for its world-class kitesurfing and windsurfing scene. Explore the charming town center lined with artisan shops, where the laid-back atmosphere merges seamlessly with the energy of the local bars and cafes. 

Whether you’re seeking adventure in water sports, savoring culinary delights, or simply soaking up the sun on the beach, this is your gateway to an exceptional coastal lifestyle in Cabarete. 

Major Airports ✈️

31 minutes from Gregorio Luperón International Airport (POP) 

90 minutes from Santiago de los Caballeros International Airport (STI) 

3.5 hours from Las Américas International Airport (SDQ) in Santo Domingo

Your Keys to Paradise Await!

Features

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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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