Sosua Investment Home
Sosua Investment Home – This well-maintained Sosua Investment Home is located in the established community of Hispaniola Residencial, just above the seaside town of Sosua.
Walking distance to beaches, shopping, restaurants, and nightlife of Sosua, Hispaniola Residencial retains a sense of privacy and calm.
The main level boasts 2 bedrooms with bath in addition to Living, Dining, and Kitchen.
Below this level, with its own entrance, is the 3rd bedroom with bath which could be rented.
A separate guesthouse with bath provides a 4th bedroom. This guest house may also be rented separately.
The total living area of this Sosua investment home is 200 square meters. Beautiful gardens and an inviting pool complete the picture of this lovely villa, and one could live comfortably on the main floor of the villa while having 2 separate rentable bedrooms to help defray expenses.
Frequent Dominican Republic Home Buyer Questions
Buying a new home or property in the Dominican Republic is an important decision and wise buyers ask lots of questions.
Those questions help give them clarity and assurance about the decisions they are making.
However, some of the answers to those questions may seem elusive when you are first looking into property in another country. Over the years, I have had many clients ask many of the same questions that you might be wondering about as well.
Here are the 11 Most Common Home Buyer Questions I am asked:
1. What is the first step to buying a property in the Dominican Republic?
The very first step is to begin to look at properties with your realtor. This can be done in its initial stages online, but you will eventually want to arrive here in person and get a feel for what you like and desire in your home. It all depends on what you like. Owning a home in a residential villa development, purchasing a beachfront condo or buying a farm to raise cattle.
2. How long does the process take?
Property closings are generally 30 – 60 days but are subject to the agreement between the buyer and the seller. On a closing day, an agreement is signed between the buyer and the seller, or someone can act on our “power of attorney” to sign for you. You can find a more detailed explanation here.
3. What can I expect the realtor to do?
You should first expect your realtor to walk through the properties with you and answer all of your questions. If they don’t know the answers, your realtor should be able to assure you that they will do their best to find out for you. When you decide to buy a property, your realtor will arrange a meeting with a lawyer to discuss further details that need to be determined.
4. What’s your best advice for first-time buyers in the Dominican Republic?
My best advice for first-time buyers here is to have an open discussion with your realtor to gain the most clarity on what you want for a property purchase. Know what you are willing to compromise on in terms of size, rooms, etc. and what you are NOT willing to compromise. This simple step will help you also get clear on what you don’t want to spend time looking at. Time is valuable. By working together, we can make the most of it for both of us. We also have a wide variety of gated residential communities that we recommend. You can find those here.