This seller is crazy!

It's got to be somebody in crisis. Price is too good to be true.

Regards,
PJT

Looks very nice.

Big lot, very inviting

Robert said:

This seller is crazy!

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No he's not.
He is one who sees the numbers on the wall. That makes him intelligent and smart as he is likely to SELL before most anyone else does. This seller may even become a real trendsetter.

For once maybe, congratulations will be in order for both, the seller and the eventual buyer.

... J-D.

Adios DR!

He's not just walking, he's running out the f*cking country!!!

LMAO,
BB

Remember folks... location, location, location.
Which here adds the in-between the lines components of electric, water, road quality, security, etc. If I'm not mistaken, that house is up El Choco road a fair distance past Haciendas El Choco. If it's the house I'm thinking, I'd be curious how the title status is on it, but I guess Robert wouldn't market it without checking first.

This property, as well as 12 other development lots are in the ?survey? phase of the deslinde process. Purchase price of the property can be frozen with a down payment, held in escrow - contingent upon issuance of title.

This villa, and the other building lots were part of a ?package? deal in a larger land purchase, and now are being resold... with that, and to the best of my knowledge, the seller is NOT fleeing the country.

As far as the utilities are concerned, city power is available, but needs to connected. City water is not available, but a ?community well/cistern? is, if you so choose... most country homes (here, stateside or elswhere), have a private well dug.

Road quality... I won?t and don?t make excuses about conditions here or the future of the road improvement. If you have lived in this country for any length of time, or plan to purchase and spend time here... chances are you will encounter poor road conditions. I recommend, regardless of where you purchase, that you leave the Beemer in the garage and buy a road friendly vehicle.

Security: The home has bars on the windows... this villa is not in a gated community, so personal security is left to your comfort level.

This property is being sold ?as is? at a very good price, with terms and conditions to protect you. It?s not perfect, it does (depending on your personal taste) need updates/improvements. But if you are a person that likes the country lifestyle, enjoys a yard that has wonderful views and space to move, then this is something that you should strongly consider.


Curt Erickson
dr1 real estate

You can buy this place for 89K in 6 months..

For the right person this is a good price. You?would get that much house in Jarabacoa for than kind of price.

Pretty place, nice land...There's going to be better deals in the future...it's just a matter of time.

Hi,

Newbie here, but 190000 is a lot of cash. Maybe he will be able to bail out quicker than most..but in a couple of years this will sell for about 90000 as mentioned above...hope this is the beginning a new trend

oops my bad. Could have swore I read 190k US in the ad.

deepsee100 said:

Hi,

Newbie here, but 190000 is a lot of cash. Maybe he will be able to bail out quicker than most..but in a couple of years this will sell for about 90000 as mentioned above...hope this is the beginning a new trend

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Right now there are good deals to be had, we are in a buyers market but will that be the case in two years? Who knows FOR SURE where real estate prices in the DR will be then? We can make guesses, educated guesses but one thing that nearly 30 years in this game has taught me is that it goes in cycles and there are many variables that will effect the length of the cycle!

Cheers Black Dog.

I was thinking about the cycles when I posted. Kondratiev winter soon?

Seems 2 B what's happening in the ROW at the moment.

Kondratiev wave - Wikipedia, the free encyclopedia

Looking forward to decent entry prices soon - but what do I know. just trying to get a bit of debate out of the board. fwiw.

With prices on Florida's (U.S.) Gulf Coast selling between $40-$60 per square foot, the prices in the DR STILL have a long way to drop...there's beaches, sand, warm weather and cold beer in both places....Naples/Fort Myers also has electricity & water 24/7....no matter how you wish the Dominican market to be, remember:

When the U.S. economy get's a cold, the DR gets pnuemonia...the DR has barely begun to cough.....the wheezing and gasping starts next year.

The DR market is not tied exclusively to the US market as buyers come here from Europe, UK, Canada, Russia as well as the US. The problem this time around is that the crash has been global!

Exactly!

Black Dog said:

The DR market is not tied exclusively to the US market as buyers come here from Europe, UK, Canada, Russia as well as the US. The problem this time around is that the crash has been global!

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Exactly! - so the Europeans are not there to pick up the slack; ie. the market can only go in one direction.

And what direction would that be ?