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 Price : US$ 308,000 Type : Commercial - Land
Land - Sea View
REF : DOM0095 

Dominica : Atkinson           WITHDRAWN


3.47 acres of spectacular ocean view property, in an elevated position on a cliff, with an option to buy additional land on an adjoining peninsular.

Dominica Investment Property

This land is located as close to the Carib Territories, as it is possible to purchase property.

 

 

 

 

There is ample room within the 3.47 acres to build a small boutique hotel or several luxury homes.

Dominica Investment Property

Dominica Investment Property


The land is conveniently located at the end of a paved minor road and only a few hundred yards for the public road. Mains utilities have been carried to the adjoining property.

Dominica Investment Property

The photos above, opposite and below show the land and views from an adjoining peninsular, which is open to purchase for an additional sum.

Dominica Investment Property

Dominica Investment Property

The peninsular has dramatic views to both sides, with a flat area (see photo above) that could be used to construct a luxury home.

 

 

 

 

 

 

This property enjoys stunning dramatic views, is in a unique location with considerable commercial potential.

Dominica Investment Property

Dominica Investment Property


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

In Dominica the seller also 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

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Last Updated On 22 Jan 2018