For sale lots in Santiago – Puerto Plata ID 0734

Description

For sale lots in Santiago – Puerto Plata. For sale 33 residential plots. Price from 1 941 m2 – $135 000 – 7 952 m2 – $570 000

When you purchase a plot, you get: access to municipal water conduit, access to pressurized well system; fully connected electricity stabilized by a central backup generator; optic fibre with highspeed internet; semi-centralized sewage system ; well lit concrete road to the plot with extra 2 meters of road accessing your house; multiple security guards 24/7; 2 meters high fence around all 25 plots
Gym, Tennis and Basketball courts as well as a Playground for children. You can build maximum 2 floors above the ground.

You must begin construction maximum 18 months after purchase of the plot. When you decided to go through with the purchase, this will be the standard process: Reservation contract: $20.000, this will take the property off the market and will give us time to complete the contracts. Plot purchase agreement: the remaining sum is paid for 100 % of plot price and you become a legal owner of the plot including your own deed (Titulo). Notary and taxes: extra 3 % paid as taxes and notary fees when transferring the deed.
Now that you own your fully paid plot, there are two financial things left you need to keep in mind.
Property tax: 1 % of total price of the plot each year.
Residence fees: only $320/month.