Buy land in Sosua, Dominican Republic - 27 600m2, price 1 400 000$ - ID: 79605 | DOMINICANA-PROPERTY.COM
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Land in Sosua, Dominican Republic, 27 600m2 - for 1 400 000$ - Ref: 79605

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
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
City:
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

Credit amount
75 000
Common payments
75 000
Increase in price
75 000
Monthly payment
75 000
1 400 000 $
Ref: 79605
1/89

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Statistics of land sales in Dominican Republic

Offers
232
Price range (€)
23K - 139.98M
Median price (€)
210K
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
784K272,79%
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
181
Price range
23K - 60.44M
Median price
186K-11,50%
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
15
Price range
33K - 139.98M
Median price
618K194,25%
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
1.432M581,42%
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
25
Price range
30K - 3.89M
Median price
225K6,86%
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
521K147,79%
Area range
0 - 0
Median area
0
Price per sq.m range per sq.m
0 - 0
Median price per sq.m
0

Distribution by prices

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