Dominican Republic Real Estate - Ocean Side Realty's Blog. Your Gateway to Sosua and Cabarete's Real Estate Scene.

Piece of Paradise

Welcome to REMAX Ocean Side Realty's vibrant online hub, your premier destination for navigating the dynamic real estate landscape of Sosua, Dominican Republic, and beyond. Whether you're seeking your dream home, considering an investment opportunity, or contemplating a relocation to this tropical paradise, our blog is your comprehensive resource, offering invaluable insights, expert guidance, and the latest updates to facilitate your journey.

At REMAX Ocean Side Realty, we pride ourselves on being more than just a brokerage; we're your trusted partners in every step of your real estate endeavors. With years of experience and a deep-rooted commitment to excellence, our team of seasoned professionals brings unparalleled expertise to the table, ensuring that your property transactions are seamless, stress-free, and ultimately rewarding.

What can you expect to find on our blog? Here's a glimpse:

1. Listings Galore: Explore an extensive array of listings ranging from luxurious beachfront villas and quaint residential properties to lucrative investment opportunities. With detailed descriptions, stunning visuals, and comprehensive property information, finding your perfect match has never been easier.

2. Purchase Information: Navigate the intricacies of the buying process with confidence. From understanding local market trends and financing options to legal considerations and closing procedures, we equip you with the knowledge you need to make informed decisions.

3. Relocation Insights: Thinking of making Sosua your new home? Our relocation guides offer invaluable advice on everything from visa requirements and healthcare facilities to education options and cultural insights, ensuring a smooth transition to life in paradise.

4. Community Events: Stay updated on the latest happenings in Sosua and surrounding areas. From vibrant festivals and cultural celebrations to charity events and networking opportunities, our blog keeps you plugged into the pulse of the community.

5. Travel News: Planning a visit to Sosua? Discover insider tips, hidden gems, and must-see attractions that promise to make your stay unforgettable. Whether you're a first-time visitor or a seasoned traveler, our travel updates ensure that you experience the best of what this enchanting destination has to offer.

And that's just the beginning! Our blog is constantly evolving to meet your needs, with new articles, insights, and features added regularly. So bookmark this page, subscribe to our newsletter, and embark on your real estate journey with REMAX Ocean Side Realty as your trusted guide.

Your dream property awaits – let's make it a reality together. Finding your piece of paradise!!

May 29, 2024

Casa Linda Villa on Private Lot $249,000 NOW SOLD

 

Property Description

 

Welcome to Casa Linda in Sosua! This charming2-bedroom, 2-b house is now available for sale in a desirable gated community. Situated on a private lot, this property offers a peaceful and secure living environment.

As you enter the house, you'll be greeted by high ceilings in the living room and kitchen, creating an open and spacious atmosphere. The kitchen features beautiful granite countertops, adding a touch of elegance to your culinary experience. 

One of the highlights of this property is the outdoor kitchen, perfect for those who hosting gatherings or simply savoring the Caribbean breeze while cooking. Imagine grilling your favorite dishes surrounded by lush greenery and fruit trees that dot the landscape.

The bedrooms are well-appointed and provide ample space for relaxation and rest. The bathrooms are modern and tastefully designed, offering both style and functionality.

In addition to its wonderful features, this property also includes a parking space for your convenience.

Casa Linda is located in a prime area of Sosua, known for its stunning beaches, vibrant nightlife, and friendly community. You'll have easy access to local amenities such as restaurants, shops, and supermarkets.

Don't miss out on this opportunity to own a piece of paradise in Casa Linda. Contact us today to schedule a viewing and make this house your dream home!

See full video walk through:

Posted in Sold Listings
May 24, 2024

Why Are So Many North Americans Choosing to Relocate to the Dominican Republic

view from Condo in Cabarete

Many North Americans are moving to the Dominican Republic for a variety of reasons, including:

  1. Cost of Living: The Dominican Republic offers a lower cost of living compared to many places in the United States. Housing, groceries, utilities, and healthcare are generally more affordable, allowing retirees and expatriates to stretch their dollars further​ (Point2Homes)​.

  2. Climate and Lifestyle: The warm tropical climate and beautiful beaches are significant draws. Many Americans seek a more relaxed, outdoor-oriented lifestyle. The country’s vibrant culture, friendly people, and slower pace of life are appealing, especially to retirees and those looking for a change from the fast-paced lifestyle in the U.S.​ (Hispaniola Beach)​.

  3. Real Estate Opportunities: There are attractive real estate investment opportunities in the Dominican Republic. Many Americans purchase vacation homes or investment properties in popular tourist areas like Sosua, Cabarete, and Punta Cana. The potential for rental income from tourists also makes real estate in the Dominican Republic appealing​ (Hispaniola Real Estate)​​ (ocean-side-realty.com)​.

  4. Healthcare: The Dominican Republic offers quality healthcare at a fraction of the cost in the United States. There are modern hospitals and clinics in major cities, and many doctors are trained in the U.S. or Europe. This affordability and access to good healthcare services are crucial for retirees​ (Hispaniola Beach)​.

  5. Retirement Incentives: The Dominican government offers incentives to foreign retirees, such as tax exemptions on certain types of income and the ability to bring household goods duty-free. These incentives make it an attractive destination for retirees from the U.S.​ (Hispaniola Beach)​.

  6. Proximity to the U.S.: The Dominican Republic is relatively close to the United States, with frequent flights to and from major U.S. cities. This proximity makes it easy for expatriates to visit family and friends back home and for them to come and visit​ (Point2Homes)​.

These factors combine to make the Dominican Republic an attractive destination for Americans seeking a better quality of life, financial benefits, and a pleasant environment.

May 24, 2024

Esmeralda Studio Apartment in Sosua Ocean Village $120,000 NOW SOLD

Property Description

 

Welcome to this stunning studio condo located in the Sosua Ocean Village, nestled in the vibrant town of Sosua, Dominican Republic. This property is available for sale and offers a fantastic opportunity for those seeking a modern and comfortable living space.

As you step inside, you'll be greeted by a well-designed studio apartment that boasts an abundance of natural light and a serene atmosphere. The quartz countertop in the kitchen adds a touch of elegance, while the fully furnished interior ensures convenience and ease of move-in.

Situated within a gated community, this condo provides a safe and secure environment for residents. Enjoy the full range of amenities available, including elevators for easy access, a large swimming pool perfect for relaxation or exercise, and ocean views that will leave you mesmerized.

For added convenience, this unit comes equipped with its own washer/dryer, allowing you to tackle laundry tasks at your own pace. Additionally, the proximity to oceanfront restaurants ensures that dining out is always just a stone's throw away.

Sosua Ocean Village offers an exceptional lifestyle with its prime location near beautiful beaches and the bustling town center. Whether you're seeking tranquility or adventure, this property caters to all your needs.

Don't miss out on this incredible opportunity to own a piece of paradise. Contact us today to arrange a viewing and make this exquisite condo your new home

Sosua Ocean Village is an ocean front gated community in the Sosua and Cabarete area of the Dominican Republic. Full amenities including :

🤽‍♂️water parks

🍝ocean front restaurants

🎾tennis courts

🚍free solar shuttle bus within the community

🏖️beach area

🚴bike and walking trails 

🏋️full gym

🤸outdoor gym

👮24/7 security

 

Featuring a wide selection of resale villas and condominiums, new condominiums, land lots.

Video on youtube here

Posted in Sold Listings
May 23, 2024

Beach Front Condo in Maquay Complex in Perla Marina, Cabarete $169,000 NOW SOLD

List Price $165,000
 
Status SOLD
 
Property Type condo
 
Bedrooms 1
 
Bathrooms 1
 
Living Area 765
 
Lot Size 765 sqft.
 
Neighborhood Perla Marina, Maquay Complex

Property Description

 

Located in the beautiful Perla Marina gated community between Sosua and Cabarete. With its prime location just steps away from the beach, this property offers the perfect blend of luxury and convenience.

As you step inside, you'll be greeted by vaulted ceilings and an open-concept living space. The kitchen boasts a granite countertop and a stylish kitchen island, perfect for preparing meals and entertaining guests. The large terrace provides a tranquil space to relax and enjoy the beautiful views.

The community features a sparkling pool and well-maintained common areas, providing residents with a resort-like experience. Whether you want to take a refreshing dip in the pool or soak up the sun on the loungers, you'll have plenty of options for relaxation right at your doorstep.

With its secure gated entrance, this community offers peace of mind and privacy. You'll also have access to a parking space, ensuring convenience for you and your guests.

In addition to its incredible amenities, this condo is ideally situated between Sosúa and Cabarete, offering easy access to both towns. Explore the vibrant local culture, indulge in delicious cuisine, or simply unwind on the pristine beaches - the choice is yours!

Don't miss out on this opportunity to own a piece of paradise at a great price. Contact us today to schedule a viewing and make this beautiful condo your own

Posted in Sold Listings
May 23, 2024

Quiet Phase 1 in Casa Linda, Large Lot and Video NOW SOLD MAY 2024

Property Description

 

Welcome to Casa Linda, located in the vibrant community of Sosua! This charming house is now available for sale, presenting a fantastic opportunity for those seeking a cozy and comfortable home. With 2 spacious bedrooms and 2 bathrooms, this property offers ample space for you and your loved ones.

As you step inside, you'll be greeted by vaulted ceilings that create an open and airy atmosphere. The large lot provides plenty of room for outdoor activities or potential expansion. Nestled within a secure gated community, you can enjoy peace of mind and a sense of community. Completely fenced to allow any furry friends to roam free.

Conveniently situated just 2 miles away from the beach, you'll have easy access to the sun, sand, and surf whenever you desire. The bedrooms are generously sized, ensuring your comfort and providing a relaxing retreat at the end of the day.

Don't miss out on this incredible opportunity to own a slice of paradise in Casa Linda. Contact us today to schedule a viewing!

HOA Fees $328

Casa Linda is a popular gated community in the Sosua and Cabarete area of the Dominican Republic. Full amenities including :

🏊water park

🍝restaurant

🎾tennis court

🚍free shuttle bus to beach

🏖️VIP beach area

👮24/7 security

 

Posted in Sold Listings
April 24, 2024

Now Sold - Sosua Beachfront Condo in Hispaniola Beach $309,000

Property Description

 

Beach Front Condos at Playa Imbert, Sosua Dominican Republic - Get in on these mid-construction prices!!!

These apartments have been designed to offer all the amenities one could wish for. They boast wonderful Victorian-Style architecture on the outside, gardens and palms trees, and an innovative modern style combined with luxurious details on the inside.

Two to three spacious bedrooms with their bathrooms, including Jacuzzi, and a lovely details offer the utmost comfort, in addition to a wonderful view of the warm waters of the Atlantic Ocean from their balconies. All the interiors have been decorated to create a feeling of harmony and peace, while glamour’s and environmentally beautiful details contrast with a décor that matches the setting and adds intimate and elegant touches.

A very attractive kitchen invites you to enjoy pleasant company, due to its breakfast area which becomes the focal point of the whole apartment. All utensils equipment have been specially chosen to ensure practicality and quality.

HOA Fees $290 Monthly

Posted in Sold Listings
April 21, 2024

Amazing Studio in Sosua Ocean Village REDUCED to $120,000 SOLD

Property Description

 

Esmeralda Studio only $120,000

 

 

Welcome to this stunning studio condo located in the Sosua Ocean Village, nestled in the vibrant town of Sosua, Dominican Republic. This property is available for sale and offers a fantastic opportunity for those seeking a modern and comfortable living space.

As you step inside, you'll be greeted by a well-designed studio apartment that boasts an abundance of natural light and a serene atmosphere. The quartz countertop in the kitchen adds a touch of elegance, while the fully furnished interior ensures convenience and ease of move-in.

Situated within a gated community, this condo provides a safe and secure environment for residents. Enjoy the full range of amenities available, including elevators for easy access, a large swimming pool perfect for relaxation or exercise, and ocean views that will leave you mesmerized.

For added convenience, this unit comes equipped with its own washer/dryer, allowing you to tackle laundry tasks at your own pace. Additionally, the proximity to oceanfront restaurants ensures that dining out is always just a stone's throw away.

Sosua Ocean Village offers an exceptional lifestyle with its prime location near beautiful beaches and the bustling town center. Whether you're seeking tranquility or adventure, this property caters to all your needs.

Don't miss out on this incredible opportunity to own a piece of paradise. Contact us today to arrange a viewing and make this exquisite condo your new home

Sosua Ocean Village is an ocean front gated community in the Sosua and Cabarete area of the Dominican Republic. Full amenities including :

🤽‍♂️water parks

🍝ocean front restaurants

🎾tennis courts

🚍free solar shuttle bus within the community

🏖️beach area

🚴bike and walking trails 

🏋️full gym

🤸outdoor gym

👮24/7 security

 

Featuring a wide selection of resale villas and condominiums, new condominiums, land lots.

Video on youtube here

 

Posted in Sold Listings
April 2, 2024

Now Sold Townhouse in Infiniti Blu Beachfront in Sosua

Ocean Side Realty - Your Trusted Partner in Dominican Republic Real Estate

Property Listing - Infiniti Blu, Sosua

Property Type: 3 Bedroom 2 Story Townhouse
Location: Infiniti Blu, Sosua, Dominican Republic
Price: $350,000

Property Description:

Discover the allure of beachfront living with this exquisite 3-bedroom, 2-story townhouse nestled within the prestigious Infiniti Blu gated community in Sosua. Boasting an array of resort-style amenities and unparalleled ocean views, this residence offers the perfect blend of luxury and comfort.

As you step through the front door, you are greeted by a spacious open-concept kitchen and living area, ideal for entertaining guests or simply relaxing in style. The main floor features a large bathroom and a bedroom to the left, providing convenience and privacy for guests or family members.

Descending to the lower level, you will find two additional generously-sized bedrooms, each accompanied by its own private bathroom, ensuring utmost comfort and convenience. A sizable laundry room adds further functionality to the home, meeting all your household needs with ease.

Step outside through the hallway to your very own private garden oasis, offering serene views of the communal pool and BBQ area. Whether you're hosting a summer soirée or unwinding in tranquility, this outdoor space provides the perfect setting for every occasion.

Residents of Infiniti Blu enjoy access to an array of world-class amenities, including a stunning large common pool and a magnificent infinity pool overlooking the pristine beach. With 24/7 security and a prime location just steps from the sand, this exclusive community offers the ultimate in luxury beachfront living.

Don't miss this opportunity to experience the epitome of Caribbean lifestyle at Infiniti Blu. Contact us today to schedule your private viewing and make this dream home yours.

Posted in Sold Listings
April 1, 2024

Some Details on Costs and Taxes When Buying Real Estate in the Dominican Republic

 

 

Below I have outlined the fees and taxes associated with buying property here in the DR. 

Costs 

LEGAL FEES – Paid at closing

In the Dominican Republic when purchasing a home or condo you will have some closing costs. Typically for a standard purchase, the legal fees will run in the 1% of the purchase price range (to a minimum of $800). This is paid in full to your lawyer at closing. 

EXAMPLE

A house for $150,000 would have $1500 in legal fees

A condo for $60,000 would have $800 in legal fees

LAND TRANSFER TAXES – Paid at closing

Land transfer taxes are equivalent to 3% of the assessed value of the property as determined by the government tax office (this amount tends to be lower than the selling price). This is paid on closing and is a tax due to transfer the title to the buyer’s name.

ANNUAL PROPERTY TAXES

A 1% annual tax is assessed on real estate properties owned by individuals, based on the value of all the properties as appraised by government authorities.

For built lots, the 1% is calculated only for properties appraised over 7,019,383.00 DOP (about $150,000). For unbuilt lots, the 1% tax is calculated on the actual appraised value without the exemption.

The real estate tax is payable every year on or before March 11, or in two equal installments: 50% on or before March 11, and the remaining 50%, on or before September 11.

The amount of the exemption is adjusted annually for inflation.

The following properties are exempt from paying real estate tax:

(a) farm properties;

(b) homes whose owner is 65 years old or older, and has no other property in his or her name; and

(c) properties owned by companies, which pay a separate tax on their company assets.

If you have any questions at all please don't hesitate to contact me anytime.

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Posted in Buying a Home
April 1, 2024

Now Sold Ocean Front Condo in Mcquay in Perla Marina, Cabarete $165,000

Located in the beautiful Perla Marina gated community between Sosua and Cabarete. With its prime location just steps away from the beach, this property offers the perfect blend of luxury and convenience.

As you step inside, you'll be greeted by vaulted ceilings and an open-concept living space. The kitchen boasts a granite countertop and a stylish kitchen island, perfect for preparing meals and entertaining guests. The large terrace provides a tranquil space to relax and enjoy the beautiful views.

The community features a sparkling pool and well-maintained common areas, providing residents with a resort-like experience. Whether you want to take a refreshing dip in the pool or soak up the sun on the loungers, you'll have plenty of options for relaxation right at your doorstep.

With its secure gated entrance, this community offers peace of mind and privacy. You'll also have access to a parking space, ensuring convenience for you and your guests.

In addition to its incredible amenities, this condo is ideally situated between Sosúa and Cabarete, offering easy access to both towns. Explore the vibrant local culture, indulge in delicious cuisine, or simply unwind on the pristine beaches - the choice is yours!

Don't miss out on this opportunity to own a piece of paradise at a great price. Contact us today to schedule a viewing and make this beautiful condo your own

Posted in Sold Listings