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Sosua-Center : OceanViewLot Price: US $ 59,000 Location: Sosua Status: Active Contact Agent Previous    Play Pause    Next : Lot size (m2): 1,183 Lot size (sq feet): 12,734 Lot size (acre): 0.29 : : Monthly maintenance fee: Call For Price Distance to airport (miles) : 6.2 Noise Level 1=very quiet: 3 Home Features Closed Parking Gated Community Ocean View Project Generator Description: Sosua-Center : Easy walking distance to Sosua downtown and beach This property with ocean view is situated inside a new gated community of 40 lots for residencial homes. 90% of all lots are sold including all lots with ocean view. Construction must begin until March 2008. Lot: 0.29 acres / 12,734 sq. feet, 1,183 m2 Price per unit: 49.87 US $ / m2 4.63 US $ / sq. feet 201,828 US $ / acre The property is in easy walking distance to downtown Sosua, shopping and waterfront. 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 1513 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