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Cabarete - charming 2 beds homes in gated community Price: US $ 89,000 Location: Cabarete Status: Active Contact Agent Previous    Play Pause    Next Bedrooms: 2 Bathrooms: 1 : Lot size (m2): 200 Lot size (sq feet): 2,153 Lot size (acre): 0.04 : Living area (m2): 80 Living area (sq feet): 861 : Floors: 1 Year Built: 2007 Distance to beach (miles) : 0.4 Monthly maintenance fee: Call For Price Distance to airport (miles) : 14 Distance to supermarket (miles): 0.3 Noise Level 1=very quiet: 2 Home Features Cable/Satellite TV Close to the Beach Closed Parking Gated Community Internet available Owner Financing available Pool Project Generator Telephone Line available Description: Cabarete Center: Price reduced from 98,000 to 89,000 USD! New and really one-of-a-kind villa project. 8 beautiful houses surrounding a large tropical pool. 2 homes are located on private islands within the pool. Furthermore the resort will get an own reception and parking place. Locatedclose to the centre, these charming houses are within walking distance of all that Cabarete has to offer. Financing Available. Good investment, ideal for living and easy to rent out! living space: 80 m2 / 861 sq. feet lotarea: 200 m2 / 2,153 sq. feet storage room: 1 The 8 homes are inside a gated community with 25/7 electricity, water Contact Agent Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend More Description: This small private residence consists of 8 colorful charming caribbean homes is close to the beach. Each house is conveniently situated in front of the swimming pool that runs all through the project. One of the houses sits in the center, creating its own ‘island’ as it has the pool wraps around the entire home. Each bungalow has a living area, kitchen with solid wood cabinets, 2 bedrooms and 1 bathroom, wooden floor and ceiling. High rental potential. This small development is within walking distance to everything Cabarete has to offer, the beach is only 4 minutes away. Listed by: Default Admin Homepage: http://www.dominican-properties.com This listing has been viewed 4796 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