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Sosua : 4 OceanView Lots on a hillside Price: US $ 49,850 Location: Sosua Status: Active Contact Agent Previous    Play Pause    Next Price per unit US $ / sq feet: 4.6 Price per unit US $ / m2: 50 : Lot size (m2): 997 Lot size (sq feet): 10.73 Lot size (acre): 0.25 : : Distance to beach (miles) : 0.7 Monthly maintenance fee: US $ 65 Distance to airport (miles) : 5 Distance to supermarket (miles): 0.5 Noise Level 1=very quiet: 2 Home Features Cable/Satellite TV Good road acces Internet available Ocean View Telephone Line available Description: Sosua: Excellent location on a hillside close to Sosua center. 4 OceanView Lots remaining of a project of 8 OceanView Lots. Price : starting at 48,800 US $ Nr. 1 Sold Nr. 2 997 m2 / 0.25 acre 48,850 US $ Nr. 3 Sold Nr. 4 Sold Nr. 5 1,611 m2 / 0.40 acre 80,550 US $ Nr. 6 1,785 m2 / 0.44 acre 89,250 US $ Nr. 7 1,811 m2 / 0.45 acre 90,550 US $ Contact Agent Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend Listed by: Default Admin This listing has been viewed 915 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