Building with commercial local in the center

$475,000
Center Town, Las Terrenas

Overview

  • Property ID
  • SC-0500
  • Bedrooms4
  • Bathrooms4
  • Property Size450 m2
  • Property Lot Size307 m2

Description

This property is in the center of Las Terrenas less than 50 meters from the main avenue, it is a private property and closed with its electric gate, and an electric plant.

The building is on two levels, on the first level you will find a place that covers the entire area of ​​the first level of the building in which the old canal 10 de las terrenas was, then you have its steps to climb the second level and once there you will find two doors, one on the right and one on the left in the which there are two apartments each door is an apartment.

In the apartments you will find when you enter an extensive living area in addition to their respective kitchen, then you will find two rooms, each room with its bathroom inside and its closet.

In addition to the fact that the bathrooms are modern style with crystals, it should also be noted that the height of the ceiling is at a considerable height, then we can go up to the roof and there you will find a huge antenna of the old television channel, also s water tanks in addition to the laundry area, the land has 307 square meters in total totally closed and the building has 450 square meters of construction.

Contact us today for a viewing or more information.

Other Features
Near town

Property Id: 2811303
Price: $475,000
Property Size: 450 m2
Property Lot Size: 307 m2
Bedrooms: 4
Bathrooms: 4
Property ID: SC-0500
Est Monthly Rental Revenue: USD $4,335
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $3,535
Transfer fees: USD $14,250
Yearly Taxes: USD $3,080
Price / SQM: USD $1,056
ROI: 8.6%

About Center Town

Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals.

Explore all properties in Center Town →

Frequently asked questions

How much is Building with commercial local in the center?

Building with commercial local in the center is priced at USD $475,000. It is a 4-bedroom, 4-bathroom condo of 450 m² in Center Town, Las Terrenas. That works out to about USD $1,056 per square metre.

Where is Building with commercial local in the center located?

The property is in Center Town, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Las Terrenas Town Center puts you within walking distance of the main beach, Pueblo de los Pescadores, restaurants, markets and schools — the most practical and connected neighborhood on the peninsula for full-time living or short-term rentals. See all listings and a full neighbourhood guide on our Center Town area page.

What rental return can I expect from this property?

The estimated gross ROI is 8.6%. Projected rental revenue is around USD $4,335 per month, with an estimated monthly profit of about USD $3,535. 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 $4,750 and transfer/title tax USD $14,250. Ongoing annual property tax (IPI) is roughly USD $3,080. 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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