Re: Purchasing real estate in Bayahibe area
Need some good advice.
We are interested in purchasing some real estate ( rather it be a piece of property only or a condo/house) in the Byahibe area. The area that we are interested in is in the Viva Dominicus area. Not on the beach, as there is no available beach property, but in behind the hotels. There is a company that has a project planned for this area by the name of Dominicus Americanus c.a.. Does anyone know anything about this company or for that matter, what the real estate value is there?
They have some golf courses planned as well as villas and condos, casino, beach club, etc. There is a small public beach that will remain which is located in between Viva Dominicus Palace and the Iberostar. I have been looking for some information regarding this company so that I may research and make a decision on what to do. We are planning to go back down to the area in May to look further into all options available, but until then I would like to have enough solid information to make any future decisions less complicated.
They are offering a minimum 500 sq. m. property with minimum 100 sq.m. house , to be constructed for a total cost of $110,000.00 U.S. including notary, taxes, project fees, architect, transfer fees, etc.
Is there anything else I should know about this area and this company (how reliable are they). I have been told that we would not be paying any property taxes yearly because the "real value" of the house is less than $70,000.00 U.S.. I have read the section on Mr. Guzman's site and am aware of legal terms and some of the ramifications involved in purchasing real estate.
Also, I understand that Guzman Ariza & Asociados are opening an office in La Romana. When will they open their office?
Thank you in advance to anyone taking the time to read my thread and (hopefully) replying back.
Palmas
Need some good advice.
We are interested in purchasing some real estate ( rather it be a piece of property only or a condo/house) in the Byahibe area. The area that we are interested in is in the Viva Dominicus area. Not on the beach, as there is no available beach property, but in behind the hotels. There is a company that has a project planned for this area by the name of Dominicus Americanus c.a.. Does anyone know anything about this company or for that matter, what the real estate value is there?
They have some golf courses planned as well as villas and condos, casino, beach club, etc. There is a small public beach that will remain which is located in between Viva Dominicus Palace and the Iberostar. I have been looking for some information regarding this company so that I may research and make a decision on what to do. We are planning to go back down to the area in May to look further into all options available, but until then I would like to have enough solid information to make any future decisions less complicated.
They are offering a minimum 500 sq. m. property with minimum 100 sq.m. house , to be constructed for a total cost of $110,000.00 U.S. including notary, taxes, project fees, architect, transfer fees, etc.
Is there anything else I should know about this area and this company (how reliable are they). I have been told that we would not be paying any property taxes yearly because the "real value" of the house is less than $70,000.00 U.S.. I have read the section on Mr. Guzman's site and am aware of legal terms and some of the ramifications involved in purchasing real estate.
Also, I understand that Guzman Ariza & Asociados are opening an office in La Romana. When will they open their office?
Thank you in advance to anyone taking the time to read my thread and (hopefully) replying back.
Palmas
