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🌴 BEACHSIDE DEVELOPMENT LOT IN COSTAMBAR – BUILD, INVEST & GROW IN PUERTO PLATA

$117,900

Costambar, Puerto Plata, Dominican Republic-RealtorDR-

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EXCLUSIVE LISTING

🌴 BEACHSIDE DEVELOPMENT LOT IN COSTAMBAR – BUILD, INVEST & GROW IN PUERTO PLATA

Property ID – RDR-{ID}-property
Address – Costambar, Puerto Plata, Dominican Republic-RealtorDR-

Price

US $117900

Overview

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Property ID : RDR-{ID}-property
Featured
Lot Size
785 sq m
Gated Community
Yes
HOA
$0
Tax Exempt
No
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Description

🌴 Whether you’re looking to build your dream Caribbean home or develop an income-producing project, this versatile lot offers exceptional flexibility and value in one of Puerto Plata’s most established beachfront communities.

Potential Uses Include:

  • Your dream custom-built villa with spacious outdoor living areas, pool, tropical gardens, and room to create the lifestyle you’ve always envisioned.
  • Luxury private residence or retirement home.
  • Vacation rental property or Airbnb investment.
  • Condominium development.
  • Boutique hotel or guesthouse.
  • Beach-oriented restaurant, café, or hospitality concept.
  • Mixed-use residential and commercial project.
  • Wellness retreat, spa, or health-focused development.
  • Multi-unit income-producing property.

Its prime location within walking distance of the beach, combined with convenient access to Puerto Plata’s cruise ports, tourist attractions, and city center, creates a unique opportunity for both personal enjoyment and long-term investment growth.

INVESTOR & LIFESTYLE ADVANTAGE

Opportunities like this are becoming increasingly rare in established beachfront communities such as Costambar. Whether your goal is to build the villa of your dreams in a secure, amenity-rich community or develop a profitable residential, hospitality, or commercial project, this property offers the ideal foundation.

With growing tourism, expanding cruise ship arrivals through Amber Cove and Taino Bay, and increasing demand for vacation rentals and second homes, Costambar continues to be one of Puerto Plata’s most attractive destinations for both investors and homeowners.

Build your dream villa, develop a boutique hotel, create a thriving restaurant, or design a condominium project—the possibilities are endless in beautiful Costambar.

About Costambar

Costambar is one of Puerto Plata’s most established beachfront communities, known for its relaxed atmosphere, beautiful sandy beach, and convenient location just minutes from the city center. Residents and visitors enjoy a variety of amenities, including restaurants, cafés, shops, a supermarket, and an 18-hole golf course, all within the community. With its mix of full-time residents and international homeowners, Costambar offers a welcoming neighborhood feel while providing easy access to Puerto Plata’s attractions, shopping centers, medical facilities, and international airport.

Features

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25 Years Fixed
7.95% Interest
  • Principle and Interest

Rebeca Sanchez

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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.

Rebeca Sanchez

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