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Home W? Guest House For Sale in Sosua/Puerto Plata, Dominican Republic
Large Ocean View Villa With Income Potential
Asking Price: $259,000 USD (Negotiable)
PRICE REDUCED TO $259,000! ($459 per sq. meter for the house)
This fabulous 3 level home (564.5 m2) is located on the North Coast of the Dominican Republic between Puerto Plata and the historic beach community of Sosua. It’s a short 6 minute drive to the heart of Sosua where you can find many supermarkets, restaurants, dive shops, boutique hotels and fun bars. And there are the endless beaches.
When you arrive at the property, double sets of custom made wrought iron gates welcome you to a lit garden with a stone pathway to the front porch entry.
There is a 2-car attached garage with wrought iron gates. At the front entrance is a wide stairway leading to the 2nd and 3rd floors. There is a separate entry for that can be locked for privacy at each level. The house can be a single family dwelling and it can easily accommodate multiple families or guests or provide a bed and breakfast opportunity.
The large house features spectacular panoramic ocean views as well as breathtaking views of the mountains to the west. It has 3 spacious levels with 3 bedrooms on the ground floor, and two bedrooms on both the 2nd and 3rd levels. There are a total of 5 bathrooms. Each floor has a kitchen and dining area as well as a large, open air family/living room at each level.
The 3rd level has a natural wood, tongue-in-groove vaulted ceiling that peaks at 5.48 meter/18 feet high. The 2nd and 3rd floors are wrapped in expansive windows that maximize the ocean and mountain views. All of the floors are original, hand-made ceramic tiles. The 2nd and 3rd floors are complete with furnishings including appliances, dishes, cookware and flatware as well as all bedroom furniture and linens.
There are large closets in each bedroom as well as a large pantry and cupboards in each kitchen. The bathrooms have oversized showers and are very spacious.
There is a pump house with a 25.000 liter / 6,500-gallon cistern. There is also a small house for gardener or service help complete with a small shelter that can be used as a laundry facility.
The house was architecturally designed and built by an engineer. It is classic, sturdy column and beam construction. All of the out building as well as the house have red metal roofs. The exterior of the house is plaster over concrete block.
There are many fruit and nut trees and full growth palms around the house. There are massive, centuries old productive mango trees, cashew trees, a variety of fruit trees including avocados and other exotic fruits. 2 sides of the perimeter of the acre-plus lot are planted in full growth Eucalyptus trees. There is an ivy-covered block wall surrounding the property.
The huge lot measures 5000 sq. meters and offers many possibilities for expansion-- add a swimming pool, additional building structures or spectacular gardens.
There are many income opportunities with this home and property. With very little adjustment, it could be converted to a small hotel or boutique bed and breakfast. It could be a small clinic, school or office space.
This property was appraised in 2014 for $389,000 - well above the listing price. Although it is simple and straight-forward in design, it is full of endless possibility. Or just leave it as is -- a wonderful retreat and a most fantastic setting that is close to everything but far enough away from the hustle and bustle to maintain a very natural, rural environment. Come see and experience true island living and enjoy all the beauty of this unique property!
This property is incorporated with an SRL - comparable to an LLC and includes all the house and property. Owning a Dominican Republic Vacation property, real estate or investments via an incorporated company also provides huge tax advantage. Title transfer tax can be reduced using certain strategies with a Dominican Company as the owner of your property. There is no mandatory corporate governance for a Dominican SRL. Foreign entities are authorized to officially own and manage an SRL. The simplest way to purchase the house and property is a legal stock transfer upon closing. It is not mandatory to have the property held in an SRL but it does provide one extra layer of protection for the owner(s). The SRL can be dissolved at any time and is not a mandatory component to owning property free and clear in the Dominican Republic.
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For more information or more photos contact us at the email address provided or telephone number: +385 99 6823976
|About This Property|
Single Family Homes
|Features - Amenities|
- Ocean View
- Mountain View
- Pet Friendly
- Maid's Quarters
|Pictures (click to view a larger image)|
|Contact - More Information|
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