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 Price : US$ 780,000 Type : Commercial - Land
Land - Sea View
REF : DOM0082 

Dominica : West Coast, Near Salisbury


WITHDRAWN

 

Dominica Commercial Real Estate



 

4.1 acres of gently sloping to flat clifftop land with panoramic sea, coast and mountains views, suitable for commercial development, with option to purchase an further adjoining 8 acres.





The land is presently farmed with a several mature trees providing shade areas and is enclosed with good hedgerows which include a number of mature trees.

 Dominica Real Estate

Dominica Real Estate

 
The views to the south are spectacular and include all the coastline to Scots Head at the extreme end of Dominica. It should be easily possible on a clear day to see Martinique.

 Dominica Real Estate


The 180 degree views to the east include a wide expanse of countryside and many of Dominica's mountains.

Dominica Real Estate

 

The cliff top is presently lined by a hedgerow. Judicial pruning and clearing of the hedgerow will open up the views to the west considerably.


This land would be easy to develop into a resort or exclusive residential estate and is conveniently located approx. 400 yards from the main public road between Roseau and Portsmouth.

There is a footpath giving access from the land to a small beach.


 

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 19 Oct 2018