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Commercial Space in the COLONIAL DISTRICT
$1,200,000
280m² Building
139.87m² Land
Description
A two-story house located in the Colonial Zone of Santo Domingo, just a short walk from Colón Park, in one of the city’s busiest tourist areas.
The property features a balcony-gallery on the second floor overlooking the street, a highly attractive feature for commercial or cultural activities. It offers tremendous potential for tourism-oriented businesses, such as a craft shop, art gallery, café, or similar concept.
Its strategic location, in the heart of the historic district, makes it an excellent opportunity for those seeking a space with character and high foot traffic.
Automatically translated — may contain errors.
ReferenceAVS-707738
Price$1,200,000
Type of Commercial PropertyCommercial
Building Area280 m²
Land Area139.87 m²
Title VerificationInfo Not Provided
Property Price$1,200,000
Down Payment (20%)$240,000
Loan Amount$960,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$36,000
Legal & Notary Fees (~1.5%)$18,000
Bank Fees (~1%)$12,000
Appraisal Fee$350
Total Cash Needed at Closing$306,350
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.