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For Sale Commercial Condo Featured EXCLUSIVE LISTING

13-UNIT TURNKEY APARTMENT BUILDING IN PROCAB – PRIME PROPERTY FOR SALE CABARETE 🏝️

$1,600,000

ProCab Calle B, Cabarete, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

13-UNIT TURNKEY APARTMENT BUILDING IN PROCAB – PRIME PROPERTY FOR SALE CABARETE 🏝️

Property ID – RDR-65408-property
Address – ProCab Calle B, Cabarete, Dominican Republic-RealtorDR-

Price

US $1600000

Overview

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Property ID : RDR-65408-property
Featured
Bedrooms
13 units
Lot Size
2415 sq m
Seller Financing
No
Gated Community
Yes
HOA
$0
Tax Exempt
No
Construction
Already Built
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Description

Exceptional 13-unit apartment property, newly constructed, consisting of 1 three-bedroom unit, 6 two-bedroom units, and 6 one-bedroom units, with approximately half of the units offered fully furnished. 
The expansive lot provides ample on-site parking and generous common space.
Ideally located near a gated beach community, this property offers strong rental demand and excellent potential for consistent cash flow.
A turnkey opportunity for investors seeking immediate income with long-term upside.

AREA DESCRIPTION – PROCAB, CABARETE

Procab is one of Cabarete’s most desirable residential areas, known for its quiet, secure environment and proximity to the beach. The neighborhood offers a mix of modern villas, apartments, and small residential communities, making it attractive for both long-term residents and vacation renters. Located just minutes from Cabarete Beach, restaurants, supermarkets, and international schools, Procab combines convenience with a relaxed coastal lifestyle.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Brett Henry

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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.

Brett Henry

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