Overview
- Property ID
- SD-1083
- Property Lot Size136,688 m2
Description
Situated along the prestigious Coson Boulevard, this exceptional parcel of land offers remarkable features. The landscape boasts undulating hills rising above the Atlantic Ocean, providing an unparalleled panoramic view. This breathtaking scenery is perfect for hospitality, residential, or mixed-use projects, and its attractive price of just $11 per square meter makes it a compelling investment opportunity.
This land is located 8 minutes from Coson Beach, 10 minutes from Bonita Beach, and 13 minutes from the city center. It is situated in a developing area where two communities of ocean-view villas are already under development, alongside independent villas that have already been built and rented by international tourists.
This land promises not only stunning views but also a significant investment opportunity with rewards extending far beyond the horizon.
About Cosón
Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land.
Frequently asked questions
How much is Prime ocean view development land in Coson?
Prime ocean view development land in Coson is priced at USD $1,517,000.
Where is Prime ocean view development land in Coson located?
The property is in Cosón, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land. See all listings and a full neighbourhood guide on our Cosón area page.
What rental return can I expect from this property?
Projected rental revenue is around USD $0 per month, with an estimated monthly profit of about USD $0. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $15,170 and transfer/title tax USD $45,510. Ongoing annual property tax (IPI) is roughly USD $13,500. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.
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