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 Price : US$ 41,000 Type : Land - Land REF : DOM0075 

Dominica : Laudat, Upper Roseau Valley

SOLD







Land for Sale at Laudat






2.25 acres of land only 2 minutes walk from the famous Titou Gorge, in the pretty tourist village of Laudat, Upper Roseau Valley.

Land for Sale at Laudat, Dominica

The land is generally flat to gently sloping and suitable for constructing home.

Land for Sale at Laudat, Dominica

The land, which has been cleared with the exception of several large trees, is presently covered in light vegetation and scrub.

Land for Sale at Laudat, Dominica

There are reportedly distant sea views down the Roseau Valley and utility services are located nearby.

Land for Sale at Laudat, Dominica

This plot of land is being sold at a very reasonable price, considering that its location within 2 minutes walk of the Titou Gorge opens up numerous possibilities for the land to be developed for tourist use.

Laudat, Dominica

 
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 23 Jan 2018