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For Sale Condo Featured EXCLUSIVE LISTING

OCEAN VIEW 2-BEDROOM CONDO | WALK TO PLAYA ENCUENTRO 🏄‍♂️

$275,000

SWELL Residence, 5, Cabarete, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

OCEAN VIEW 2-BEDROOM CONDO | WALK TO PLAYA ENCUENTRO 🏄‍♂️

Property ID – RDR-65924-property
Address – SWELL Residence, 5, Cabarete, Dominican Republic-RealtorDR-

Price

US $275000

Overview

|
Property ID : RDR-65924-property
Featured
Bedrooms
2
Bathrooms
2
Area
119 sq m
Seller Financing
No
Gated Community
Yes
HOA
$255
Tax Exempt
No
Construction
Already Built
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Description

This beautifully designed 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, style, and unbeatable location. 🏝️

Enjoy ocean views from your private balcony, the ideal spot for morning coffee or sunset cocktails, while the kitchen overlooks the tranquil lagoon, bringing natural beauty into your everyday living. The unit is fully turn-key and tastefully furnished, making it ready for immediate enjoyment or rental income.

Located just a 10-minute walk to Playa Encuentro, the North Coast’s surf capital, you’ll have world-class waves, beach restaurants, and a vibrant surf culture right at your doorstep.

Residents also enjoy access to a gorgeous communal saltwater pool, perfect for relaxing after a day in the sun.

Whether you’re looking for a full-time residence, vacation getaway, or income-producing investment, this prime Playa Encuentro condo checks every box.

🇩🇴 About the Area 

Playa Encuentro, a vibrant community on the North Coast of the Dominican Republic, is renowned for its surfing scene and sustainable growth. Situated conveniently between Cabarete and Sosua, it offers easy access to amenities and attractions. Surrounded by lush scenery and a friendly atmosphere, it attracts surfers, families, travelers, and professionals alike. The neighborhood boasts a variety of dining options, recreational facilities, and a thriving beach culture. With recent developments including new condominiums and ongoing growth plans, Playa Encuentro remains a sought-after destination for residents and visitors alike.

Major Airports ✈️

  • 20 minutes fromGregorio Luperón International Airport (POP) 
  • 1:45 hours fromSantiago de los Caballeros International Airport (STI) 
  • 4 hours fromLas Américas International Airport (SDQ) in Santo Domingo

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Josie Wenzel

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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.

Josie Wenzel

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