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Perfect Investment Property
$1,900,000
7Bedrooms
9+1Bathrooms
925m² Building
3,612.54m² Land
—Parking
Description
This unique Sosua investment property can be used as a small hotel, retreat center, large Airbnb operation, or many other commercial and tourism uses. Completely self sustaining, the property's running costs are low, and the location near amenities, shopping, restaurants and the airport makes it ideal. Located in Sosua on the North Coast of the Dominican Republic, this stunning Sosua Investment Property offers the epitome of luxury living. The ocean side villa is situated on a spacious and slightly elevated lot spanning 3,612.54 square meters. This property boasts an impressive total construct...
As seen on: dominicanrepublicmls.com
Highlights
Direct Beachfront
Pool
Gated
Garage
Main Characteristics
ReferenceAVS-819738
Price$1,900,000
TypeVilla
ConditionCompleted
Bedrooms7
Bathrooms9
Powder Rooms1
Property Floors2
Building Area925 m²
Land Area3,612.54 m²
Outdoor & Lifestyle
BeachfrontDirect Beachfront
ViewOcean Sea
PoolTerraceGardenBalcony
Property Features
Garage TypeCovered
GatedFull Kitchen
Status & Finances
Title VerificationUnknown
Water & SanitationWater Water WellWater AqueductWater Water Tank
Energy SourceBattery InversorGenerator
Property Price$1,900,000
Down Payment (20%)$380,000
Loan Amount$1,520,000
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%)$57,000
Legal & Notary Fees (~1.5%)$28,500
Bank Fees (~1%)$19,000
Appraisal Fee$350
Total Cash Needed at Closing$484,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.