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For Sale Condo EXCLUSIVE LISTING

PRE-CONSTRUCTION STUDIO WITH PRIVATE OUTDOOR SPACE 🌿 | WALK TO ENCUENTRO BEACH

$115,000

Nomad Playa Encuentro, Cabarete, Dominican Republic

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EXCLUSIVE LISTING

PRE-CONSTRUCTION STUDIO WITH PRIVATE OUTDOOR SPACE 🌿 | WALK TO ENCUENTRO BEACH

Property ID – RDR-66830-property
Address – Nomad Playa Encuentro, Cabarete, Dominican Republic

Price

US $115000

Overview

|
Property ID : RDR-66830-property
Bedrooms
S
Bathrooms
1
Area
33 sq m
Seller Financing
No
Gated Community
No
HOA
US$ 2 to US$ 3 per sqm
Tax Exempt
No
Construction
Pre-Construction
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Description

Located in the heart of Encuentro, Cabarete, known as the Surf Capital of the Caribbean 🌊 – Nomad is a thoughtfully designed residential project offering a unique blend of comfort, convenience and investment potential.

Currently Available:
A ground-floor garden studio measuring 33 m2, complemented by a 15 m2 private garden, offering a rare opportunity to enjoy your own outdoor space within the development. The unit comes fully furnished and ready for personal use or rental (including Airbnb).

Project Highlights:

  • Rooftop Pool & Lounge Area: A beautifully designed common rooftop space featuring a pool, outdoor seating and stunning ocean views – perfect for relaxing or unwinding.
  • Private Garden Studio: The remaining unit includes a 15 m² private garden, great for outdoor living.
  • Modular Kitchens: Fully equipped with stove, oven and extractor, combining practicality with modern design.
  • Comfort & Convenience: All units include air conditioning, insect-screened windows, and smart lock entry systems.
  • Parking: On-site parking available for residents and guests.

Community Features:

  • On-Site Lobby/Reception Area: A welcoming space for residents and guests.
  • Enhanced Security: Security cameras in common areas, an auxiliary water tank (cistern), and backup generator.
  • Connectivity: Starlink internet available in common areas.
  • Prime Location: Less than a 10 minute walk to Encuentro Beach.

Investment Details:

  • Construction Timeline: Started April 2025, with estimated completion by October 2026.

Payment Plan:

  • 50% due now
  • 20% in the end of June
  • 30% upon completion and delivery

Nomad presents a fantastic opportunity whether you’re looking for a vacation home, a lock-and-leave property or a rental investment in one of Cabarete’s most sought-after areas.

Message me directly for further information or to schedule a showing.

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Hennah Perez Portorreal

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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.

Hennah Perez Portorreal

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