This reduced ocean view land for sale in Panorama Village presents an exceptional opportunity to build a private Caribbean residence or carefully planned investment property near Sosúa on the North Coast of the Dominican Republic.
Now offered at US$175,000, this expansive 4,250 m² building lot occupies an elevated position with breathtaking panoramic views of the Atlantic Ocean. At approximately US$41 per m², the property offers excellent value for a large ocean-view lot within an established gated residential community.
Spectacular Panoramic Ocean Views
The outstanding feature of this property is its elevated setting. From the land, owners can enjoy wide, unobstructed ocean views, refreshing Caribbean breezes, and beautiful tropical surroundings.
The generous size of the lot provides considerable flexibility when designing a home. Depending on the buyer’s plans and the required community and governmental approvals, the property may offer space for a luxury villa, swimming pool, tropical gardens, guest accommodation, outdoor entertaining areas, or another personalized residential concept.
Property Highlights
- Reduced asking price of US$175,000
- Large 4,250 m² private lot
- Approximately US$41 per m²
- Panoramic Atlantic Ocean views
- Elevated hillside position
- Refreshing natural breezes
- Located inside Panorama Village
- Established gated residential community
- Underground electricity available
- Private water well
- Convenient access to Sosúa
- Suitable for a custom Caribbean residence
- Potential for a larger residential project, subject to approvals
Build Your Caribbean Dream Home
With 4,250 m² of land, buyers are not restricted to a compact building site. The expansive grounds provide the opportunity to design a residence that takes full advantage of the ocean views, natural elevation, tropical climate, and outdoor lifestyle of the Dominican Republic.
A future villa could be positioned to maximize views from the living areas, bedrooms, terraces, gardens, and swimming pool. The size of the property may also allow for additional privacy, landscaped grounds, parking, a guest house, or other enhancements, depending on the final plans and applicable approvals.
Living in Panorama Village
Panorama Village is an established gated hillside community near Sosúa, known for its spacious properties, luxury villas, peaceful atmosphere, and impressive ocean and mountain views.
The community provides a tranquil residential environment while remaining convenient for beaches, restaurants, supermarkets, medical services, international schools, and the shops and entertainment of Sosúa and Cabarete.
Gregorio Luperón International Airport in Puerto Plata is also easily accessible, making this location practical for international homeowners, retirees, vacation-home buyers, and investors.
Explore more Panorama Village villas and lots for sale currently available through buyDRproperty.com.
Why Consider This Ocean View Lot?
Large parcels with commanding ocean views are increasingly difficult to find close to Sosúa. This property combines generous dimensions, a desirable elevated position, community security, utility infrastructure, and convenient access to the North Coast.
The reduction to US$175,000 makes the property especially attractive to buyers looking for considerably more land than is normally available with a finished villa or smaller residential building lot.
International buyers who are unfamiliar with the purchasing process can also consult our guide to buying property in the Dominican Republic.
Property Summary
- Price: US$175,000
- Property reference: L5893PV
- Lot size: 4,250 m²
- Approximate price per m²: US$41
- View: Panoramic ocean view
- Community: Panorama Village
- Location: Sosúa, Dominican Republic
- Property type: Residential land
- Status: For Sale
Frequently Asked Questions
What is the asking price of this Panorama Village lot?
The property has been reduced and is now offered for sale at US$175,000.
How large is the property?
The lot measures approximately 4,250 m², providing ample space for a custom residence, swimming pool, gardens, parking, and other planned features, subject to the necessary approvals.
Does the land have an ocean view?
Yes. The property occupies an elevated position and offers impressive panoramic views of the Atlantic Ocean.
Are utilities available?
The property benefits from underground electricity and a private water well. Buyers should verify connection requirements and the current condition of all utilities during their due-diligence process.
Can a buyer build immediately?
The land is suitable for residential construction. Any proposed villa or development must comply with Panorama Village requirements and all applicable permits and governmental approvals.
Can foreigners buy land in the Dominican Republic?
Yes. Foreign buyers can legally purchase property in the Dominican Republic. Buyers should use an independent qualified attorney to verify the title, survey, permits, and other legal documentation before completing a purchase.
Request More Information or a Viewing
Contact buyDRproperty.com for additional information, current availability, property documentation, or to arrange a private visit to this exceptional ocean-view lot in Panorama Village.
Piet Schenkels
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Email: bu***********@***il.com
Website: www.buyDRproperty.com