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Cabarete : 12 lots with Wonderful Ocean and Mountain View Price: US $ 74,900 Location: Cabarete Status: Active Contact Agent Previous    Play Pause    Next : Lot size (m2): 1,600 Lot size (sq feet): 17,222 Lot size (acre): 0.4 : : Distance to beach (miles) : 1.8 Monthly maintenance fee: Call For Price Distance to airport (miles) : 7.5 Distance to supermarket (miles): 1.2 Noise Level 1=very quiet: 3 Home Features Ocean View Description: Cabarete : 12 Nice Building Lots with Asphalt Roads From 1,600- 200 m2, with wonderful Ocean and mountain views, situated on one of the most prestige developments in the Dominican Republic. The many luxurious and individual villas already dotting this landscape in the hills between Sosua and Cabarete, give this exclusive, secure, gated enclave a wonderful feeling of community with asphalt roads, 24 Hours Security, best access to the main road, mountain view, ocean view, gated comunity. Financing available Lot: Starts with 0.40 acres / 17,222sq feet, 1,600 m2 Price: Starts with 74,900 US $ Price per unit: 46.81 US $ /m2 4.35 US $ / sq. feett 189,442 US $ / acre Situated at a hill between Sos?a and Cabarete within a prestigious development with many other individual villas, ocean and mountain view and good Atlantic breeze. Only 2 km to Sosua and 10 km to Cabarete center. Contact Agent Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend Listed by: Default admin Homepage: http://www.dominican-properties.com This listing has been viewed 1111 times.

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Dominican real estate or immovable dominican properties is a legal term (in some jurisdictions) that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate (immovable property) is often considered synonymous with real dominican property (also sometimes called realty), in contrast with personal dominican property (also sometimes called chattel or personalty). However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. dominican republic real estate

In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings. In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgages -- bank loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because if the borrower does not make payments the lender can foreclose, that is, file a court action that lets them take the property and sell it to get their money back. But in many developing countries there is no effective means by which a lender could foreclose, so the mortgage loan industry as such either does not exist at all or is only available to members of privileged social classes. dominican property