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🏝️ PRIME 1,999 M² LOT IN EAST CABARETE & FINANCING AVAILABLE – BUY REAL ESTATE CABARETE

$243,878

Cabarete, Dominican Republic-RealtorDR-

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LAND

🏝️ PRIME 1,999 M² LOT IN EAST CABARETE & FINANCING AVAILABLE – BUY REAL ESTATE CABARETE

Property ID – RDR-63203-property
Address – Cabarete, Dominican Republic-RealtorDR-

Price

US $243878

Overview

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Property ID : RDR-63203-property
Lot Size
1999 sq m
Seller Financing
Available
Gated Community
No
HOA
$0
Tax Exempt
No
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Description

A prime 1,999 m² lot situated in the desirable east area of Cabarete. Perfectly for building your dream home or investment property, this spacious parcel offers ample space for privacy, outdoor amenities, and creative design.

Located in a convenient and attractive neighborhood, the lot provides easy access to beaches, local amenities, and vibrant community events.

Ideal for those seeking a generous plot in a sought-after location for their next project.

Seller financing available:

  • 50% downpayment, 5 years, 7% interest.

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

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Julius Utermann

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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.

Julius Utermann

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