confused ???
Bit confused Steve G. In another post you say lots in Villas del Mar at US$15-36 p/sqm. Here it is US$60-US$150?????? Which is right? Hurry up and buy though as new mayor who arrives in January - his first priority will be to get owners to clear their land so that the 'jungle' is less jungly, so prices will rise then
The only posts I have about the cost of land in Villas Del Mar are :
http://www.dr1.com/forums/real-estate/51802-wanting-purchase-apt-land-juan-dolio.html Juan Dolio is big enough to look around.. Price for lots : from US$40 to US$120 per m2 . In Villas Del Mar area lots are 750 or 875 m2 , some of them bigger . You can buy a lot for a nice house , or 2 lots together for a development of some villas or a building. Better to be close to Bullevard... And another post about : Transfer taxes are paid based on the market value ... prices could vary by location in the same town , like Juan Dolio :
JUAN DOLIO (BEACH) - US$82 sqm
JUAN DOLIO (TURISTIC AREA , BEACH) - US$82 sqm
JUAN DOLIO (AREA LESS DEVELOPED) - US$36 sqm
JUAN DOLIO (OTHER SIDE OF THE ROAD) - US$15 sqm
PUNTA GARZA ,PROYECT (JUAN DOLIO) - US$61 sqm
If you have a plot in Villas Del Mar , it could qualify as Turistic Area , but if you walk inside from bulevard ...it looks like jungle - you are in Area Less Developed and that could be just 2-3 streets down and will have twice less in taxes. But you can not confuse too much an inspector if you are on the beach with the other side of the road ...It is getting well organized. So you have to pay what you own.of the property
as determined by the tax authorities, not based on the price of purchase...
http://www.dr1.com/forums/legal/56507-property-tax-increased-1-2-a-3.html where I just translated into US$ and to english
:
JUAN DOLIO (PLAYA) - RD$2,700 sqm
JUAN DOLIO ( AREA TURISTICA , PLAYA) - RD$2,700 sqm
JUAN DOLIO (AREA MENOS DESAROLLADA) - RD$1,200 sqm
JUAN DOLIO (LADO OPUESTO A LA CARRETERA) - RD$500 sqm
PUNTA GARZA ,PROYECTO (JUAN DOLIO) - RD$2,000 sqm
... from oficial website
DGII - Direccion General de Impuestos Internos