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 Price : US$ 500,000 Type : Land - Sea View REF : DOM0033 
Dominica : Pointe Michel

 



SOLD





Dominica Land for Sale




106 acres of land in an elevated location with spectacular views over Roseau and the Caribbean Sea.

Dominica Land for Sale

The land is about 3 miles from the village of Pointe Michel, which is itself, about 3 miles from Roseau by road.



The land has spectacular views of Roseau, the village of Pointe Michel the mountains and the sea.




Photo opposite shows part of the view towards Roseau.

Dominica Land for Sale

Although most of the land is sloping, there are some lovely plateaus suitable for construction, which account for at approx. 25 acres of the land.




The land was historically used as a plantation and has a track (see photo opposite) leading onto the land.

Dominica Land for Sale

Utilities are within about 500 yards of the land.
Photo opposite shows part of the south eastern portion of the land.

Dominica Land for Sale

Photo of view to the west over the Caribbean Sea.




The land for sale, is conveniently located for Roseau and many of the attractions at the Southern End of Dominica and could be used for an eco-resort, country retreat or similar.

Dominica Land for Sale


Buying Property in Dominica

Alien Landholding License
Foreigner's buying more than 1 acre of land in Dominica for personal use, or more than 3 acres of land for business purposes, are required to apply to the Dominica Government for what is called an "Alien's Land Holding License". A fee of 10% of the value of the land is charged by the government for granting this license.

Transfer Fees
Transfer fees on Dominican real estate are payable by the purchaser and are made up as follows :-

4% stamp duty
2.5% judicial fees
1% assurance fund
3% legal fees

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

The entire buying process is relatively simple and often purchases of homes or small parcels of land not requiring an Alien Landholders License, can be completed in a matter of a few days. Where an Alien Landholders License is required, the buying process can usually be completed in 3 to 5 months

For further details, click on the buttons on this page for about Dominica.


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Last Updated On 20 Oct 2018