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Sosua - renovated studio apartment with roof terrace Price: US $ 79,500 Location: Sosua Status: Active Contact Agent Previous    Play Pause    Next Bedrooms: 1 Bathrooms: 1 : : Living area (m2): 52+50 Living area (sq feet): 1,112 : Floors: 2 Distance to beach (miles) : 0.7 Monthly maintenance fee: US $ 143 Distance to airport (miles) : 5 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 Ocean View Pool Private Generator Security Telephone Line available Description: Sosua : Recently renovated studio apartment with roof-terrace fully furnished and equipped. Nicely renovated studio in the 2nd. upper floor of a well maintained apartment complex in quiet location in the border region of Sosua centre. The living and sleeping area is appealingly separated. Entrance to the studio from a little private balcony. To this unit belong 50m2 of a 100m2 roof-terrace with private entrance and ocean view. Emergency power back up by common generator and private inverter. The complex has a swimming-pool, a well maintained garden area with playground for kid´s as well as parking lots and guard service. In the entrance area of the complex is a mini-market and a bistro. Living Area: 52 m2, 560 sq. feet Monthly cost for maintenance: USD 143 includes water, security, garbage, pool and garden. The studio is situated within a popular and quiet apartment-complex in Sosua. Kindergarden an a school are close to the entrance of the resort. Only a few steps to an international school and walking distance to town centre and the beach. The 52 m2 roof terrace with very beautiful panorama, raises the studio to an upper level. You can reach shopping possibilities, banks, the city of Sosua in 5 minutes and the well known beach of Sosua in less than 15 minutes and the airport Puerto Plata in less than 20 minutes by car. 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 2605 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