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Dominican Republic

Villa & Commercial Plaza
For Sale or Exchange

Interesting Retirement Situation

A magnificent villa, which without land would cost over 1.5 million dollars in North America and a 9-unit commercial plaza with an attractive return on investment, sold separately or together at 10% discount. Owner will consider exchanging these properties for similar ones (valued at approx. US$1.2 MM) in the south of United States.

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Villa Aleksander - Located in the resort town of Juan Dolio, Dominican Republic near all the amenities offered by luxurious resort hotels. Designed on a 14,000 sq. ft. lot by an architect who developed an open concept dwelling. A large skydome placed over a central indoor garden distributes the daylight throughout the whole house. No expense was spared on this 6,200 sq. ft. steel and concrete construction, with Italian tiles and mahogany woodwork throughout.

On the upper level...Three bedrooms including a master bedroom suite, a library, and oversized family room with cathedral ceiling leading to a 600 sq.ft. verandah overlooking the Caribbean Sea.

On the lower level...A large dining room, bar, and L-shaped living room, kitchen and two large outdoor verandahs. Separate maid quarters, own water supply, a separate buildidng houses a stand-by generator and a laundry room. Those who demand simple elegance will appreciate a large outdoor swimming pool, air conditioning, Satellite dish, and many other features. No Real Estate Taxes.


Commercial Plaza la Llave - Located in the resort town of Villas del Mar, Dominican Republic, a fast developing prime tourist area, at the main intersection of Boulevards and within yards of first class resort hotels. The Plaza is built in a tasteful architectural design and consists of nine rental units and a central eating area.

For the last five years, the plaza has been 90-100% rented. Seven of the eight tenants invested between twenty and forty thousand dollars in their units. No one will abandon the unit without selling the business, which assures continuity of occupancy.

The rent is paid in US dollars and increases every two years to compensate for inflation. The contracts are structured so that the tenant pays for all the cleaning, maintenance, energy and other expenses.

In the last twelve years the cost of land in this area has tripled and in a radius of one and a half miles, twelve apartment buildings, a 300-room hotel, two apartment-hotels and various luxury residences will be inaugurated.

The potential buyer of Plaza la Llave must recognize above all that he/she is purchasing not only a first class real estate property but also an efficiently run business which nets a very attractive return on investment.


Owner will consider an exchange for similar property in Florida.
(Valued at Approx. US$ 1/2MM)

For more information contact owner at:

Email:

gab.zak@codetel.net.do

Please mention "Waterview Properties" when responding

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