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For Sale Commercial Featured EXCLUSIVE LISTING

VERSATILE COMMERCIAL PROPERTY WITH INCOME UNITS & DEVELOPMENT LOT IN PUERTO PLATA 🏢

$649,000

Puerto Plata, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

VERSATILE COMMERCIAL PROPERTY WITH INCOME UNITS & DEVELOPMENT LOT IN PUERTO PLATA 🏢

Property ID – RDR-{ID}-property
Address – Puerto Plata, Dominican Republic-RealtorDR-

Price

US $649000

Overview

|
Property ID : RDR-{ID}-property
Featured
Bedrooms
5
Bathrooms
2
Lot Size
936 sq m
Seller Financing
No
Gated Community
No
HOA
$0
Oceanfront
No
Tax Exempt
No
Construction
Already Built
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Unlock the potential of this centrally located commercial property in the heart of Puerto Plata – a rare find that combines versatile commercial space with lucrative residential and development opportunities. 🏢

This solidly built commercial warehouse offers endless possibilities: ideal for use as a storage facility, automotive repair center, distribution hub, or customized to suit your unique business vision. High ceilings, wide access, and durable construction make it adaptable for a variety of commercial uses.

Adding even more value, the property includes two on-site apartments:

Apartment One: A blank canvas awaiting your imagination – perfect for conversion into a modern loft, creative workspace, or stylish rental unit.

Apartment Two: A fully furnished 3-bedroom residence featuring ample living space, stunning city and mountain views, and exclusive access to a private rooftop terrace – a serene retreat in the middle of the city.

Adjacent to the main structure is a generous development lot, offering room for expansion—whether you envision building another commercial structure, an apartment complex, or mixed-use development.

All of this is conveniently located just minutes from downtown Puerto Plata, major roads, and essential services, making it an ideal location for both business operations and residential living.

Highlights:

  • Multi-use commercial warehouse
  • Two residential units with income potential
  • Rooftop terrace with panoramic views
  • Large adjacent lot for future development
  • Centrally located near all amenities

About the Area:

Puerto Plata, the vibrant heart of the Dominican Republic’s north coast, is a rapidly growing destination offering stunning beaches, ocean views, and modern conveniences, making it an ideal place to invest in real estate.

The city boasts excellent infrastructure, including Jumbo supermarket and a brand-new shopping mall under construction right next to it—the first of its kind in the province, set to bring even more retail and entertainment options. For healthcare, the Bournigal Medical Center and Brugal Medical Center provide top-tier medical services.

Downtown Puerto Plata is experiencing a revitalization, with new boutique hotels, trendy restaurants, lively bars, and a thriving cruise port, attracting both tourists and long-term residents. Nearby, Playa Dorada’s golf courses, the iconic Malecón, and Mount Isabel de Torres offer endless recreational opportunities.

Whether you’re looking for a luxury beachfront villa, a modern condo, or a private retreat, Puerto Plata combines the perfect mix of Caribbean charm, investment potential, and a growing expat-friendly community.

Opportunities like this don’t come often—a dynamic property with mixed-use potential, live-in or rent-out options, and room to grow. Secure your piece of Puerto Plata’s future today.

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Joe Reid

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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.

Joe Reid

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