First Real Estate Discounter in Dominican Republic

 


  Lawyer Fee:
 
  • Sales contract inclusive notarial authentication & completion & title rewriting.
  • Purchase prices Fees list:
    1,00 US-$ - 99.999,00 US-$     Fee: 0,95% of the purchase price
    100,000.00 US-$ - 249,999.00 US-$     Fee: 0,80% of the purchase price
    250,000.00 US-$ - 499,999.00 US-$     Fee: 0,70% of the purchase price
    500,000.00 US-$ - 999,999.00 US-$     Fee: 0,60% of the purchase price
    over 1,000,000.00 US-$     Fee: 0,50% of the purchase price
  Land Transfer Tax:
 
  • Land Transfer Tax a ratable value of 4,68% is calculated on the base of the unit value specified by the government* for the real estate.

    *Since we can offer frequently extremely favorable selling prices as a Discounter, it can occur that the unit value (Taxation Price) is higher than the agreed upon purchase price.
  Real Estate Tax:
 
  • Objects are subject to an annual real estate tax 1% of the unit value. This has to be paid twice a year 04/30 and/or 10/31.