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River Island Investment

Sale

340 000

USD

Price per sqm

2514.05

USD

Offer description

RIVER ISLAND INVESTMENT

The buildings in River Island investment are connected to each other by a series of swimming pools, canals and recreational paths inside a magical tropical garden. The interiors are finished with high-quality materials and elegant accessories, combining modern design with the highest quality. River Island enjoys a prime location in the Bávaro – Punta Cana area, minutes from the beach and right next to the new Kathmandu Theme Park.

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

Bavaro, Punta Cana

Property

Flat

Total area

135.24 m2

Floor

2

Number of rooms

3

Offer number

303940

No assigned person.

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