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 Price : US$ 195,000 Type : Home - House REF : DOM0074 
Dominica : Copthall, Roseau Valley
WITHDRAWN





Land with Stream and a Small House




1.044 acres of land with a small stream and small local house, on a very nice secluded piece of land between Copthall and Wotten Waven.

Dominica Land with Stream

The stream is small, but has the great advantage that it flows all year round.








The land is very private and tranquil, but also conveniently located only 3.5 miles from Roseau.

Dominica Land with Stream

There is room to build a large house, or two smaller houses on the land, near to the stream.

Dominica Land with Stream

The small local house on the property has three bedrooms and is in good general condition.

Dominica Land with Stream

The house is perfectly useable, or could be used as the basis for a new home or guest cottage.

Dominica Land with Stream

The property adjoins with a public road and has all utilities.

Dominica Land with Stream

  
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

The seller 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 or Dominica Info

 
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Last Updated On 22 Jan 2018