Overview
- Property ID
- SD-1257
- Property Lot Size2,443 m2
Description
Positioned in Coson, this ocean-view lot is a high-quality opportunity for buyers seeking location, privacy, and long-term appreciation in one of the most dynamic growth corridors of Las Terrenas.
The property sits on an elevated hillside, ensuring unobstructed ocean views, natural ventilation, and a high level of privacy, key criteria for both luxury residential development and high-end rental projects.
With MIVED permit already approved, the property is ready for immediate development, significantly reducing timelines, administrative processes, and pre-construction costs.
Why this property stands out:
– Prime elevation: Guarantees permanent view protection and stronger resale value.
– Low-density surroundings: Ideal for a private villa or boutique development.
– Fast-appreciating area: Increasing demand with limited remaining inventory.
– Strategic accessibility: Quick connection to beaches, town center, and main roads
– Infrastructure growth nearby: A critical factor for capital appreciation
Ideal for:
Luxury private villa construction
High-end vacation rental investment
Land banking in a proven appreciation zone
A data-driven acquisition for buyers focused on value, exclusivity, and future returns.
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 Oceanview hillside lot opportunity in Coson?
Oceanview hillside lot opportunity in Coson is priced at USD $235,000.
Where is Oceanview hillside lot opportunity 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 $2,350 and transfer/title tax USD $7,050. Ongoing annual property tax (IPI) is roughly USD $680. 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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