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For Sale Commercial Featured EXCLUSIVE LISTING

9-UNIT INCOME PROPERTY FOR SALE SOSUA AREA

$795,000
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EXCLUSIVE LISTING

9-UNIT INCOME PROPERTY FOR SALE SOSUA AREA

Property ID – RDR-64398-property

Price

US $795000

Overview

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Property ID : RDR-64398-property
Featured
Bedrooms
15
Bathrooms
15/4
Lot Size
1131 sem
Seller Financing
Available
Gated Community
No
HOA
$0
Tax Exempt
No
Construction
Already Built
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Description

This 9-apartment commercial building offers the perfect combination of location, income potential, and long-term value. With a total of 15 bedrooms, the property is designed to generate consistent rental income while being positioned for strong appreciation in one of the North Coast’s fastest-growing areas. 🏢

📍 Prime Location

  • Just 1 minute from Sosúa Ocean Village – a highly desirable gated community.
  • Walking distance to supermarkets and only minutes from restaurants, shops, and local amenities.
  • 20 minutes from Puerto Plata International Airport – convenient for both long-term tenants and short-term vacation rentals.
  • Close to water parks, beaches, and dining – ensuring strong year-round demand.

🏢 Property Features

  • 9 fully independent apartments (15 bedrooms in total).
  • Spacious layouts suitable for families, professionals, or vacation rentals.
  • Excellent visibility and accessibility from the main road.
  • Ideal for investors seeking steady rental income or a boutique apartment-hotel concept.

💰 Investment Highlights

  • Rare opportunity to own a multi-unit income property in Sosúa.
  • High demand for rental units in this area, both short and long-term.
  • Perfect for a cash-flow investor or as part of a real estate portfolio.
  • Potential to expand services and increase ROI through vacation rental management.
  • Owner financing available with 40% down, 10 years at 6%.

This property represents a turnkey commercial opportunity with endless possibilities — from long-term leasing to short-term vacation rental strategies.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Andy Jean

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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.

Andy Jean

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