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 Price : US$ 42,000 Type : Land - Sea View REF : DOM0081 

Dominica : Savanne Paille, Calibishie



SOLD

 

Dominica Land for Sale



 

 

6 acres of flat and sloping land, with views to the sea & mountains, presently farmed for bananas

Dominica Land

Dominica Land

The land is presently farmed for bananas.

Dominica Land

The land is approximately 2 miles south east of the village of Savanne Paille.

Dominica Land

The land is accessed by a track. Mains utilities are approximately 2 miles from the land.

Dominica Land

Part of the land bounds with a river (no photo available)

 

 

 




This land is being sold at US$42,000 per acre, or US$210,000 for the 6 acres.




 

Dominica Land

Dominica Land

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 18 Jul 2018