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Punta Rusia : 8,5 km Beachfront Land 1,800,000 m2 / 445 acres; 11 US $ / m2 Price: US $ 15,844,686 Location: Punta Rusia Status: Sold Contact Agent Previous    Play Pause    Next Price per unit US $ / sq feet: 1.02 Price per unit US $ / m2: 11 : Lot size (m2): 1,440,426 Lot size (sq feet): 15,504,745 Lot size (acre): 356 : : Monthly maintenance fee: Call For Price Noise Level 1=very quiet: 1 Home Features Ocean View On the Beach Description: Punta Russia: 8,5 km OceanFront Land Huge beach property with 8.5 km of beachfront in best situation in Punta Rusia. Wonderful bays with highly transparent, flat and calm water. The popular snorkel reef "Paradise Island" can be attained in few minutes with the boat. The land is estimated for $21.3 Mio US $. Lot: 15,504,745 sq. feet 1,440,426 m2 Price: 15,844,686 US $ Closest electricity post: 3 km Distance to next town: 3 km Price per unit: 11 US $ / m2 1,021 US $ / sq. feet 44,517 US $ / acre 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 1947 times.

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Welcomes you on our real estate / property site, where your easily find the right real estate property of your dream. Let us guide you through the jungle of information and help to find the right real estate / property in Sosua / Cabarete or elsewhere in the Dominican Republic. Here just a small selection of our real estate / property possibilities we offer. Please contact us at any time and we will help you to find the right place.

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