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City Place Investment

Sale

156 150

USD

Price per sqm

2230.71

USD

Offer description

CITY PLACE INVESTMENT

A luxury investment in the heart of Punta Cana, offering a unique combination of tropical exclusivity and urban sophistication. These beautiful apartments have minimalistic and modern interiors. Most of the apartments have a private balcony, through which you can enjoy the sea breeze and plenty of natural light. The City Place investment has several shared spaces for residents and their families, including: private green space, lobby and outdoor swimming pool.

The price given in the advertisement is the average price, you will receive accurate data and details about the investment from the leading agent.

WHY DOMINICAN REPUBLIC?

Every foreigner in the Dominican Republic has the right to acquire property, becoming the sole owner, without the need for Dominican citizens’ participation. When purchasing property, up to 5 owners can be listed in the notarial deed. Notarial fees typically amount to around 1.5% of the property value and depend on the client’s choice of notary.

The cost of acquiring property includes a one-time fee of 3% of the property value. Additionally, a yearly tax of 1% must be paid on amounts exceeding $160,000 USD. The government of the Dominican Republic has introduced favorable regulations for potential buyers. One of them is the Confotur law, which exempts the buyer from tax payments for 15 years from the date of purchase if the project qualifies.

If you are looking for other offers in similar criteria, feel free to contact us!

As a real estate agency, we charge a fee in the form of a commission.

Location

Punta Cana

Property

Flat

Total area

70.00 m2

Floor

3

Number of rooms

2

Offer number

372526

No assigned person.

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