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 Price : US$ 69,000 Type : Land - Land REF : DOM0182 

Dominica : Cochrane, Near Roseau

 

WITHDRAWN


Dominica Cochrane Land

 





7.45 acres of mainly forested land with several areas suitable for the construction of a home, in the quiet and scenic village of Cochrane.

Dominica Cochrane

The land bounds with a secondary road, shown in the above photos, which has public utilities.

Dominica Cochrane

 

The land is partially forested and partially cleared.

 

Dominica Cochrane

Dominica Cochrane


Located in the small village of Cockrane, this property is only a 15 minute drive from Roseau.

Dominica Cochrane

The land enjoys good access to the secondary road & utilities. 

Dominica Cochrane

Dominica Cochrane


This 7.45 acres of land is located in a peaceful location within easy commuting distance of Roseau and with road access and utilities adjoining the land, should be relatively easy to develop.  Add to this that the land is being offered at an unbeatable price and it is unlikely to be available for long !!


For further information on this property click on the Contact Us buttons at the top or bottom of this page.



Buying Property in Dominica

Alien Landholding License
Under a revision of the law in April 2008, all foreign buyers are required to pay an Alien Landholding fee of 10% of the property value to the Dominica government. Foreigner's buying more than 1 acre of land for personal use, or more than 3 acres of land for business purposes, are also required to apply to the government for an Alien's Land Holding License, which can take several months to process.

Dominica Transfer Fees
Transfer fees on real estate are payable by the purchaser and total 20.5% of the property value :-
10% alien landholders fee
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.

Planning Permission
All new construction, changes to existing buildings, or changes of use, require planning permission. In most cases permission is granted within 8 weeks of making an application.

The entire buying process is relatively simple and often purchases of homes or small parcels of land not requiring the approval of an Alien Landholders License, can be completed in a matter of one to two weeks. Where an Alien Landholders License is required, the buying process can usually be completed in 4 to 6 months

For further details, CLICK HERE or on the button on this page buying in Dominica

 

 

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Last Updated On 23 Jan 2018