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Las Terrenas : Shops, Offices and Apartments Price: US $ 8,124,000 Location: Las Terrenas Status: Active Contact Agent Previous    Play Pause    Next : Lot size (m2): 2,707 Lot size (sq feet): 29,146 : Living area (m2): 2558 Living area (sq feet): 27,545 : Year Built: 2007 Distance to beach (miles) : 1 Monthly maintenance fee: Call For Price Distance to airport (miles) : 25 Distance to supermarket (miles): 0.1 Noise Level 1=very quiet: 3 Home Features Cable/Satellite TV Close to the Beach Internet available Project Generator Security Telephone Line available Description: Las Terrenas : Colonial Style Commercial Center Newly built commercial center in the heart of Las Terrenas offering office and boutique space as well as apartments, a penthouse, a bar and a restaurant. Construction Size: 2,559 m2 27,545 sq. feet Lot Size: 2,708 m2 / 29,149 sq, feet 0,67 acre Designed and constructed by the IPS Construction team in Las Terrenas, the Centro Colonial is inspired by the architecture of one of the oldest cultures of the new world. Amazing opportunity to own a part of the most beautiful construction in the Samana area. Price: 3,000 US $ / m2 278,71 US $ / sq. feet Shops / Boutiques starting with 29 m2 / 312,16 sf Las Terrenas, located approximately at 247 km East of Puerto Plata in the North of The Peninsula of Samana. Upon arrival in las Terrenas, you’ll be awed with the calmess of the area on the beautiful white sandy beach lined with tall palms and pastel coloured wooden fishing boats. All that in the mediterrean influenced atmosphere. This area since 2007 will be served by the motorway from Santo Domingo to Nagua and an international airport (El Catey) at 40 km from Las Terrenas. Also this location will get soon a marina and a golf course of 18 holes. Numerous international residents live recently in las Terrenas, obviously enjoying the new fiscal mesures given by the government for foreign investments contribuying at an harmonious touristic developpement. Lot of activities, fun and sport during all the year. Ideal place for familiar tourism. 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 1128 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