Studio in Sosua Ocean Village
Object Parameters
Area: 45 m2
Floor: 2nd
View: the balcony offers panoramic ocean views
Utility bills: $150 per month
Complex infrastructure: 24/7 security, swimming pool, parking
Documents: ownership is in the process of registration
Price: 130,000 USD
Financing: provided by the developer, without bank involvement
Description of the region
Sosua is a resort town in the Dominican Republic, located on the north coast. The region is known for its snow-white beaches, scenic views and well-developed tourist infrastructure. It is comfortable to live here all year round due to the mild tropical climate and the availability of all modern amenities. Ocean Village is one of the most prestigious places to live and invest. Its popularity is due to its high security, high-quality infrastructure and proximity to the beach.
Advantages of buying this property
High rental potential.
Short-term rentals can bring in anywhere from $50 to $100 per day, especially during high season.
Long-term rental is possible at a rate of 700-900 USD per month.
Investment value.
There is a steady increase in real estate prices in Sosua. Over the past 5 years, the value of real estate in this area has increased by an average of 8% annually.
The liquidity of studios and other facilities in the resort areas remains high.
Flexible purchase terms.
The absence of the need to attract bank financing reduces the complexity of the transaction and makes the facility accessible to foreign buyers.
Object Usage
Short-term rental. Ideal for tourists due to its proximity to beaches and amenities.
Personal accommodation. A small studio with an ocean view is ideal for relaxing and staying all year round.
Long-term rental. The demand for the facility among locals and expats guarantees a stable income.
The possibility of obtaining a residence permit
The purchase of real estate in Montenegro may be the basis for applying for a temporary residence permit (residence permit). The application process is simplified as much as possible for foreign investors.
Market analysis
Over the past five years, the real estate market in the Dominican Republic has shown positive dynamics, especially in the tourist regions. In Sosua, prices have increased from an average of $1,200 to $1,500 per square meter, depending on the type and location of the facility. Forecasts for the coming years indicate continued growth at the level of 6-9% annually due to an increase in tourist traffic and foreign demand.
Conclusion
The offer is ideal for those who are looking for a liquid facility with high profitability and prospects for price growth.
For sale studio in Sosua Ocean Village. Home area 45 m2, 2nd floor, there is an ocean view from the balcony, $US 150/month – payments. Security 24/7, swimming pool, parking. The title deed is in process. Financing from the developer, without a bank.