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 Price : US$ 650,000 Type : Commercial - Hotels
Commercial - Resorts
Home - Apartment / Condo
REF : DOM0212 
Dominica : Picard, Portsmouth                               WITHDRAWN                             Dominica Student Housing


A fully furnished apartment building, with 6 large comfortable air conditioned apartments, in a great location only 5 mins. walk from Ross University and ideal for student housing.

Dominica Student Housing

This apartment building, which was completed in 2008, is very well built using reinforced concrete and masonry.

 

 

 

 

 


 



There is sufficient space within the property to construct a further apartment block and a swimming pool. A design for the swimming pool is shown below.

Dominica Student Housing

Dominica Student Housing

This building, which is ideal for student housing, is very well maintained and is in first class decorative repair throughout.

 



 

 

 

 

There is a laundry facility with a washer and dryer installed.

Dominica Student Housing

Dominica Student Housing

The interior enjoys 10 ft high ceilings throughout, which give the apartments a spacious feeling.

 

 

 

 

 

 

All apartments are completed to a high level with the floors finished with porcelain tiles.

Dominica Student Housing

Dominica Student Housing

The apartments are cleverly arranged with interconnecting doors, so that some of the apartments can be converted into two bedroom apartments.

 

 




The kitchens are nicely fitted out and practical.

 

 

 

All furniture, inc. 6 fridges, 6 stoves, 6 king beds plus all the other furnishings are included in the sale.

Dominica Student Housing

Dominica Student Housing

 

The apartment building is set within 0.218 acres of land in a quiet residential neighbourhood, that is conveniently located only a short 5 minute walk from Ross University.


Dominica Student Housing

The apartments make a steady income for the owner and offer high quality air conditioned comfort, making them attractive for college professors and well healed students.

 

 

 

 



 

 

All the rooms have built in internet, cable TV jacks and telephone connections.

Dominica Student Housing

Dominica Student Housing


This attractive apartment block offers 6 high quality apartments that are ideal for students & professors at Ross University.  The property has room for expansion and provides steady income for the owner.
 

For further information on this property click on the Contact Us buttons at the top or bottom of this page.


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Buying Property in Dominica

Alien Landholding License
Under a revision of the law in April 2008, all foreign buyers are required to pay an Alien Landholding fee of 10% of the property value to the Dominica government. Foreigner's buying more than 1 acre of land for personal use, or more than 3 acres of land for business purposes, are also required to apply to the government for an Alien's Land Holding License, which can take several months to process.

Dominica Transfer Fees
Transfer fees on real estate are payable by the purchaser and total 20.5% of the property value :-
10% alien landholders fee
4% stamp duty
2.5% judicial fees
1% assurance fund
3% legal fees

The seller has to pay 2.5% stamp duty on the market value of the land being sold.

Planning Permission
All new construction, changes to existing buildings, or changes of use, require planning permission. In most cases permission is granted within 8 weeks of making an application.

The entire buying process is relatively simple and often purchases of homes or small parcels of land not requiring the approval of an Alien Landholders License, can be completed in a matter of one to two weeks. Where an Alien Landholders License is required, the buying process can usually be completed in 4 to 6 months

For further details, CLICK HERE or on the button on this page buying in Dominica

 

 

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Last Updated On 24 Apr 2018