- Type: Commercial
- Style: Commercial
- Size: 110 sq. m. "1,250 SF"
- Development Level: Built
- Lot Type: Rectangular
- Condo Fees: $85.00 USD
PUNTA CANA COMMERCIAL FOR SALE - 2 SIDE BY SIDE SPACES - RETAIL, COMMERCIAL, OFFICE
Located at Plaza Tobacco - Retail, Commercial, Office. Price Is For Both Spaces. The current lease ends in November 2022. Current rent is $566 with a potential increase of 3% per year. Tenant pays on time.
Two spaces side by side in Plaza Tobacco. Proximity to new highway as well as to many of the top area hotels. Great area for retail, commercial or office use. Price reflected is for both spaces. Seller is motivated and willing to entertain ALL OFFERS.
Only 25 minutes from the (PUJ) Punta Cana International Airport.
CLOSING COSTS AND TAXES
Lawyer fees 1%-1.5% of the sale
One Time Property Transfer tax of 3.1%
Yearly property Tax Exemption - Approx. $150,000 - This property will NOT PAY any yearly property taxes
Dominican Bank offer financing for properties with title deeds. Foreigners MUST have Dominican Residency in order to apply for a mortgage loan. The Dominican Republic is primarily a CASH MARKET.
Brokered and Advertised by SCOTT MEDINA, http://www.GoPuntaCanaRealEstate.com. THIS IS NOT AN OFFER TO SELL OR SOLICITATION OF OFFERS TO BUY, NOR IS ANY OFFER OR SOLICITATION MADE WHERE PROHIBITED BY LAW. THE STATEMENTS SET FORTH HEREIN ARE SUMMARY IN NATURE AND SHOULD NOT BE RELIED UPON. A PROSPECTIVE PURCHASER SHOULD REFER TO THE ENTIRE SET OF DOCUMENTS PROVIDED BY THE DEVELOPER AND SHOULD SEEK COMPETENT LEGAL ADVICE IN CONNECTION THEREWITH.