Overview
- Property ID
- SD-0759
- Property Lot Size42,103 m2
Description
This land covers all the northern slopes of a hill in Coson with amazing panoramic ocean views.
On the top is a breathtaking view over the coast. The land has access from both sides and is ready to be urbanized and parceled to build some villas with ocean views and a jungle garden. Along the slope runs a trail that links several platforms where villas or an ocean-view development can be built.
Just 25 minutes from Las Terrenas. The road access to get to the property is asphalted and in good condition and already has all the services such as water, electricity, and internet.
Frequently asked questions
How much is Oceanview development land at El Limon?
Oceanview development land at El Limon is priced at USD $924,000.
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 $9,240 and transfer/title tax USD $27,720. Ongoing annual property tax (IPI) is roughly USD $7,570. 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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