Sosua - 2 studio apartments for sale Dominican Republic
Price: $ 57,589

Company: Dominican Republic Real Estate - Houses, Vill

Listed by: Christian Vogt

Phone: (001) 809-377-0886

Website: Visit site

City: Sosua
Price: $ 57,589
Listing ID: 1057
Owner Financing
  • yes

Status: Active
Full Description:

Duplex for sale!(Two Studio condos)
Sosua, ·
57,589! only 10 or 20 % down rest

Monthly payment amount: $600.00

Total # monthly payments: 96

Total Payments: $57,588.82

Total Interest: $13,588.82

Principal loan: $44 000

Live in one unit, rent out the other!

Price for both! only $57,589! Sosua Republica Dominicana

Duplex in a gated community for sale.

Some financial information on the duplex as an investment is that the 2 units have a long-term tenant.

He will resume his lease in August 2019, the monthly condo fees are $147.00.

The tenant pays $400.00 USD per month for the two units so there is nice profit for the new owner to take over.

I can provide owner financing with 10 - 20 % downpayment. 7% per year interest on principal.

I am based in Asia due to work, so I cannot spend as much time as I would like in the Caribbean.

Some features are:

One larger unit (45 square m.) + one smaller, corner unit (32 square m.) side-by-side.

Reliable internet and cable TV in both units
Kitchenette with gas stove in each unit
Private washroom in each unit.

Balcony with sea views and ac, safty box in each unit.

small unit kingsize bed, bigger unit queen size + full size bed unit

2 pools!

minimarket on-site. supermarket 5 minutes walk, big supermarket 10 minutes walk!

So, this promissory note is a seller-financed loan. It is for a duplex (two studio condos) in Sosua, Dominican Republic. The numbers are below, my asking price is $40 000 USD. However, I am open to any offer you make.

NOTE: The sale has yet to be finalized, the buyer is trustworthy and has been my long-term renter in these two units. He has paid his rent on time, I do not anticipate any issues in repayment. But, everything will be covered in the contract which my lawyer is in the process of preparing.

Also, if your comment does not have any value for me or anyone else to read, please don't post it. PM me if you are an interested investor.

Monthly payment amount: $600.00

Total # monthly payments: 96

Total Payments: $57,588.82

Total Interest: $13,588.82

Principal loan: $44,000.00

This listing has been viewed 2 times