Overview
- Property ID
- SN-0007
- Property Size600 m2
- Property Lot Size3,800 m2
Description
This central plaza is a vibrant commercial hub located in the very heart of Las Terrenas and with a direct beachfront access. The 3,800 m2 (1 Acre) lot has a wide beachfront, and the building is about 600 m2. It features 24 diverse shops and offices, including a Mexican restaurant, Thai restaurant, real estate offices, clothing stores, a beach club and night club. Currently leased 20 shops grossing a monthly income over U$10,850.00 The open air Commercial Plaza has 3 connecting buildings and also offers private parking, exclusive beach frontage. The plaza benefits from several high transited roads and a bridge connecting the “Fisherman Village” and the Beach Club The financials suggest an operating profit that can be improved by increasing the rentals prices of the small business which are below other shops in town. As well as integrating some of the high generating businesses. The owners own a beach club lying in the beachfront of the plaza. The business (ETNO BEACH CLUB) included in the price, valued at 1.9M USD. Yearly profits projected around 200,000 USD per year. Which would drastically improve return on the total investment. The property is sold with a separate lot used as parking space for up to 12 vehicles, on top of the 6 parking spots in front of the plaza. There is space for dozens of motorbikes as well. The beachfront of the property is large, and unoccupied, leaving opportunity to add businesses / revenues. This listing is ideal for investors seeking a prime commercial property with a mix of current tenants and potential for expansion in a prime touristic location. Contact us for more details. Listed exclusively with Atlantique Sud.
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.
Frequently asked questions
How much is Beachfront commercial plaza in the very center of Las Terrenas?
Beachfront commercial plaza in the very center of Las Terrenas is priced at USD $4,750,000. That works out to about USD $7,917 per square metre.
Where is Beachfront commercial plaza in the very center of Las Terrenas 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 are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $47,500 and transfer/title tax USD $142,500. Ongoing annual property tax (IPI) is roughly USD $45,680. 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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