Caribbean - Real Estate Developments and Property Developers

 

Dominican Republic






FEATURED COUNTRY: DOMINICAN REPUBLIC                   
Type of property listed: Resort Development                                       










DOMINICAN REPUBLIC - FEATURED DEVELOPMENT        





Location: Punta Cana                                                     

Type of Property: Resort Development                                       

Properties for Sale: Resort Units and Homes                              

Prices: Contact Developer Direct (Form Below)                          

Listing ID Number: DR111301                                        

Outside Agents Needed: Yes                                                       

Where Sought: Worldwide                                                           

Referral Commissions: Yes                                                          

For More Information: Contact Developer Direct                         


 
   Share this Property:


ABOUT THE AREA                                                                   
General Information:                                                                                 



There are no restrictions on foreign ownership of property in the Dominican Republic. Non-residents and
residents have the same rights and obligations. One of the first steps is to hire a real estate lawyer. In most
cases a 10% deposit is required to reserve the property and take it off the market. The lawyer you choose will conduct the process of due diligence. This involves doing a title search, overseeing the survey, and obtaining
specific documents from the seller, including a photocopy of the title. After this has been done and the buyer
is satisfied with the supplied information, the buyer can proceed to make payments of the remaining balance.

Payments are usually made by depositing funds to the lawyer's escrow / trust account. When all has been
cleared, the lawyer will then transfer the payment to the seller's account before closing. Here are some of the
documents that must be provided by the seller to begin with the due diligence related to the property purchase.
1) Copy of the Certificate of Title. 2) Copy of the survey of the property. 3) Copy of the seller's ID ("Cedula") or
Passport: if married, including the spouse. 4) Copy of the last property tax receipt; if exempt from property tax,
a copy of certificate of exemption. 5) Copy of the approved construction plans if property is a house.

The notary / lawyer authenticates the "Contract of Sale" signed before him by the buyer and the seller. The
"Contract of Sale" is processed in the Internal Revenue Office where taxes will be paid. After the transfer, the
lawyer will submit the documents to the Title Registry Office where the title will then be changed to bear the
new owner's name. The whole process of registering a property can be completed in about 47 to 52 days.



PROPERTY DESCRIPTION AND AMENITIES                         
The perfect location for a tropical investment:                                      




Coming Soon






ASK DEVELOPER OR AGENT FOR MORE INFORMATION  
Enquiries welcome from home buyers, property investors and agents: 



Got questions? Contact the Developer or the Developer's agent "directly" regarding this property listing by
completing the "Property Information Request Form" show below.



 

Property Information Request

 





Connect with the world through us















 

 

Worldclass Real Estate Professionals

 

           Search Canada  Search U.S.A.  Search Mexico  l  Search Central America  l  Search Caribbean  l  Search Europe


           Affiliates  l  All Profile Listings  Comparing Us  l  Public Surveys  l  Preferred Blogs  l  Pro-Ads  l  Relocations Plus


     
    About Us  Buyer F.A.Q.  l  Links  l  Link Exchange  l  Policies  l  Recommendations  Job Opportunities  l  Contact Us


        
         Pro-Vts 1989 Concepts .....
Copyright ©  All Rights Reserved   l   Promark Preferred Global Search Network, British Columbia, Canada.