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Ocean Bay Investment

Sale

855 000

USD

Price per sqm

3296.58

USD

Offer description

OCEAN BAY INVESTMENT

Ocean Bay investment is designed to live a unique and majestic beachfront lifestyle, steps away from the white sand and the pleasant sea breeze. The design combines aesthetics and functionality, creating captivating apartments. The interiors are finished with high-quality materials and elegant accessories, combining modern design with the highest quality. Ocean Bay residences have their own beach club, an infinity pool, gym, spa, exquisite restaurants, a kids club and top quality finishes.

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

259.36 m2

Floor

1

Number of rooms

4

Offer number

328035

No assigned person.

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