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 Price : US$ 20,000 Type : Land - Land REF : DOM0079 
Dominica : East Coast

 

UNDER OFFER

Riverside Land for Sale




20 acres of land, with a river, just 300 yards from the sea.




The entire 20 acres is offered for US$320,000, or as 1 acre lots from US$20,000 per acre.

Riverside Land for Sale - Dominica

The land is mainly flat and has many established trees and areas that are presently cultivated for bananas.

Riverside Land for Sale - Dominica

A river flows along the boundary of the land.

Riverside Land for Sale - Dominica

This land is very suitable for a medium sized high quality residential project.

Riverside Land for Sale - Dominica

The riverside area could be used as a common area within the development.

Riverside Land for Sale - Dominica

The land enjoys mountain views from the upper areas.











The land adjoins with a public road and utilities are located nearby.

 

 

Dominica Riverside Land

The sea is approx 300 yds from the land, on the other side of the public road.










The owner is willing to sell the land in one acres lots from US$20,000 per acre.





Riverside Land for Sale - 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 16 Oct 2018