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Cabarete Beach - 3 beds penthouse on the beach Price: US $ 461,000 Location: Cabarete Status: Active Contact Agent Previous    Play Pause    Next Bedrooms: 3 Bathrooms: 3.5 : : Living area (m2): 261 Living area (sq feet): 2,807 : Floors: 3 Year Built: 2007 Distance to beach (miles) : 0 Monthly maintenance fee: Call For Price Distance to airport (miles) : 12.5 Distance to supermarket (miles): 0.31 Noise Level 1=very quiet: 2 Home Features Cable/Satellite TV Close to the Beach Closed Parking Gated Community Ocean View Owner Financing available Pool Project Generator Security Description: Cabarete - Beach: Only 1 Penthouse left. All units are sold out! 16 CONDOMINIUM COMPLEX. high standard finishing, 2 and 3 bedrooms, elevator, quality construction, 24 hours generator, beach access, swimming pool, FINANCING PLAN A: 35% DOWN PAYMENT AND 60 MONTHS TO PAY AT 12%INTEREST PER YEAR. PLAN B: 50% DOWN PAYMENT AND 36 MONTHS TO PAY AT 10% INTEREST PER YEAR. OTHER FINANCING OPTIONS WILL BE CONSIDERED Living Area : 261 m2 / 2,807 sq. feet The condos are located in quiet situation in the center of Cabarete in the second line to the beach. Contact Agent Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend More Description: Unit Number Condo Type Square Meters Square Feet Selling Price Status Unit 3- 4 3 + 3 1/2 (D) 260.71 2806.50 "461,000.00" FINANCING PLAN A: 35% DOWN PAYMENT AND 60 MONTHS TO PAY AT 12% INTEREST PER YEAR PLAN B: 50% DOWN PAYMENT AND 36 MONTHS TO PAY AT 10% INTEREST PER YEAR OTHER FINANCING OPTIONS WILL BE CONSIDERED Unit 3- 4 3 + 3 1/2 (D) 260.71 2806.50 "461,000.00" Listed by: Default admin Homepage: http://www.dominican-properties.com This listing has been viewed 1654 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