Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605

Name: Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605
SKU: 79605
Price: 1400000 USD

Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605 photo 1

Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605 photo 2

Photo

Get a loan for renovation from 3.5%

Real estate with discounts up to -35%

Category:

Parcel

Region:

Puerto Plata region

City:

Sosua

Location:

suburb

Parcel size:

27 600 м²

From sea:

6 000 м

Business for sale in Sosua! CONSTRUCTION PROFIT ESTIMATE Total estimate of construction on 23 lots with an average of 300 m2 construction per lot with a cost of construction cost of $800 per m2 and retail price of $1200 per m2 provides a profit of $400 per m2 - $400 x m2 = $2,760,000 in estimated net profit. In addition you can add solar to the infrastructure to run the development for roughly 120-150k cost in turn generating 85-95k annually after 18 months you’ll generate that in profit by selling energy to your residents cheaper than the commercial company that currently supplies energy.

HOA FORMULA is as follows
$350 for 3 bedrooms
$450 for 4 bedrooms
$550 for 5 bedrooms

If we average 23 3 bedrooms that’s 8050 per month HOA

Garbage $4000 pesos/month
Landscaping $100,000/month
Road maintenance $5000/monthly
Security $50,000 pesos/ monthly
Miscellaneous $50,000/monthly

$3800 monthly for HOA expenses
With $4200 per month reserve

Mortgage calculator

Object cost: 1 400 000 $

First payment: %

Loan term: years

Interest rate: %

Credit amount

75 000

Common payments

75 000

Increase in price

75 000

Monthly payment

75 000

Leave a mortgage application

1 400 000 $

Ref: 79605

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Cities Properties in Cabarete(396) Properties in Puerto Plata(51)

Regions Properties in La Altagracia(60) Properties in La Vega(6) Properties in Maria Trinidad Sanchez(37) Properties in region Samana(38) Properties in the Santo Domingo Region(13)

Districts Properties in La Mulata(6)

Statistics of land sales in Dominican Republic

Offers

239

Price range (€)

23K - 139.98M

Median price (€)

213K

Area range (m2)

45 000 - 45 000

Median area (m2)

45 000

Price per sq.m range per sq.m (€)

21 - 21

Median price per sq.m (€)

21

Statistics by Region

La AltagraciaLa Altagracia

Offers

5

Price range

269K - 64.635M

Median price

784K267,90%

Area range

0 - 0

Median area

0

Price per sq.m range per sq.m

0 - 0

Median price per sq.m

0

Puerto Plata region

Offers

185

Price range

23K - 60.44M

Median price

186K-12,66%

Area range

45 000 - 45 000

Median area

45 000

Price per sq.m range per sq.m

21 - 21

Median price per sq.m

21

region Samana

Offers

17

Price range

28K - 139.98M

Median price

618K190,39%

Area range

0 - 0

Median area

0

Price per sq.m range per sq.m

0 - 0

Median price per sq.m

0

La Vega

Offers

4

Price range

51K - 1.758M

Median price

1.432M572,49%

Area range

0 - 0

Median area

0

Price per sq.m range per sq.m

0 - 0

Median price per sq.m

0

Maria Trinidad Sanchez

Offers

26

Price range

30K - 3.89M

Median price

237K11,35%

Area range

0 - 0

Median area

0

Price per sq.m range per sq.m

0 - 0

Median price per sq.m

0

Santo Domingo Region

Offers

2

Price range

484K - 558K

Median price

521K144,54%

Area range

0 - 0

Median area

0

Price per sq.m range per sq.m

0 - 0

Median price per sq.m

0

Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605

Get a loan for renovation from 3.5%

Mortgage calculator

Ask the seller

It can be interesting for You

Similar Properties

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Statistics of land sales in Dominican Republic

Statistics by Region

Distribution by prices