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Sosua - 2 beds Apartment in popular condominium Price: US $ 119,000 Location: Sosua Status: Active Contact Agent Previous    Play Pause    Next Price per unit US $ / sq feet: 113 Price per unit US $ / m2: 1.214 Bedrooms: 2 Bathrooms: 2 : : Living area (m2): 98 Living area (sq feet): 1,055 : Floors: 3 Distance to beach (miles) : 0.8 Monthly maintenance fee: US $ 110 Distance to airport (miles) : 6 Distance to supermarket (miles): 0.6 Noise Level 1=very quiet: 1 Home Features Air Condition Cable/Satellite TV Closed Parking Furnished Gated Community Internet available Laundry Room Pool Project Generator Security Telephone Line available Description: Sosua: Ground floor condominum with 2 bedrooms and 2.5 bathrooms. Big living room with integrated kitchen and terrace directly in front of the pool. Both bedrooms are equipped with air conditioning systems. This is a moden apartment fully equipped with a huge American combination washer dryer, microwave, big fridge and a wide screen stereo TV with satellite receiver box. Area: 1,055 sq. feet / 98 m2 Monthly cost for maintenance: US$ 110 includes water, security, garbage and pool The condo is within a popular gated community in the center of Sosua with 24 hours security service. 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 1806 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