Condo/Apartment

Live in luxury for only $870.00 per month mortgage payment. Beach, Water Park, Fitness Center, Tennis, Spa, Restaurant, Playground,Lap Pool Newly Renovated 1600 Square Feet 2 Bed 2 Bath 3rd Level With Vaulted Ceilings.

DRL# 4201
Sosua, Dominican Republic
$240,000 USD  
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!
3% Mortgage Locked In For 18 Years!

Property Description

This condo is in one of the best gated secure communities on the North Coast of Dominican Republic and offers the most amenities. Its location is very central being close to pharmacies, a modern medical center, supermarkets, banks, gas stations,

Just 7 miles from pop airport 2 miles from Sosua and 7 miles to Cabarete makes its location very convenient for exploring these two popular beach towns.

Newly Renovated and very spacious 1600 Square Feet 2 Bed 2 Bath 3rd Level With Vaulted Ceilings.

Vacation rentals are covering all the mortgage payments and expenses, great investment. 3% interest is very low rate for the Dominican Republic.

Sales Price $240,000.00
Deposit $94,200.00
Mortgage Term approx 18 years left at 3%

Monthly mortgage payment $870.72
Maintenance $320.00

This condo is making a net profit every year average of $5000.00 and knocking off additional principal of approx $6000.00




Bedrooms: 2Bathrooms: 2
Build Size: 150 m2Gated Community: YES
Green View: YESFurnished: YES
Pool: YES 








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Real estate agent

David Logan


David Logan

DRListings Developer Owner Broker

47 listings on DRListings.com

David began his career as a young entrepreneur at the age of 17 when he was hired to manage the car audio department of the local branch of a large Canadian public company with 82 locations across the country. This resulted in him becoming the President's Club Elite member as a top producer in Canada. During this time, David started to purchase and build real estate in Canada while also starting his own international online electronics company.

After falling in love with the Dominican Republic (DR) during his travels there, in 2006, at 25 years of age, David constructed his first villa there. During this time, he also met Paul "Chip" Bommarito, who became his partner in the business. With their shared passions for the real estate business they started DRListings, combining David's skills and in internet marketing and construction development with Paul's deep family roots and 25 years of experience working in the DR. Together, they built a large clientele with substantial investment in the country manned by a full staff, including sales people, legal personnel and subcontractors. David and Paul played a significant role in the development of Escondido Bay Playa Laguna beachfront community, which has garnered highly rated reviews for its location and guest experiences.

The company is involved in real estate development, new construction and vacation rentals of condos and villas, while providing all the information needed regarding real estate transactions, immigration, relocation and legal counsel in the DR. Over the past eleven years, DRListings has experienced significant international growth and is referred by most investors and sellers.  For more info and completed projects. 

https://drlistings.com/about-drlistings/

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Information About Sosua

Sosúa is a small town in the Puerto Plata province of the Dominican Republic. Located approximately 4 miles (6.4 km) from the Puerto Plata International Airport (POP), the town is accessed primarily by Camino Cinco, or Highway 5, which runs much of the length of the country's North coastline.

Source: Sosúa Wikipedia page