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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Dominican Republic!
Dominican Republic, located in the heart of the Caribbean, has been one of the most popular winter getaways for Europeans and Americans for countless years. The breathtaking beaches, quaint little towns, and friendly locals are attracting more and more international visitors. This perpetually tropical country is an ideal choice for your holiday home. Whether you prefer energetic cities like Santo Domingo or Santiago, small villas on the nearly untouched islands, or luxurious beachfront properties on the sunny Punta Cana coastline, real estate in Dominican Republic is a treasure trove of incredible holiday homes.
If you’re eager to buy a property in Dominican Republic, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Dominican Republic?
Let’s discover where to shop for the best real estate in Dominican Republic
Punta Cana
One of the most popular areas for foreigners is Punta Cana, offering a blend of modern and traditional Dominican culture. Renowned towns like Bavaro and Uvero Alto offer beautiful beaches, luxurious properties, top-notch restaurants, and dynamic nightlife. Costa del Coco is a particularly attractive spot, luring you with over 300 days of year-round sunshine. The popular region offers a range of properties in Dominican Republic, from high-end beach villas and luxurious houses to budget-friendly city apartments and quaint homes.
North Coast: Puerto Plata and Samana Peninsula
Known for its lush landscapes, pristine beaches, renowned cuisine, and lively towns like Sosua and Cabarete, the North Coast is a great choice. If your budget is limited, this is a great region to find affordable properties, from charming rural houses to modern apartments with breathtaking views.
Santo Domingo
In the central area, where you can find cities like Santo Domingo and Boca Chica, a diverse ex-pat community is waiting for you. This cosmopolitan region is famous for its rich history, world-class museums, thriving culinary scene, and vibrant nightlife, offering fantastic properties for sale. However, if your heart yearns for the beach, consider investing in a property along the magnificent coastline, where you can find beautiful beachfront townhouses, and historic properties for sale in the Dominican Republic.
Dominican Republic's Islands
When looking for a property in the Dominican Republic, don't limit yourself to the mainland. The islands of Saona and Catalina are perfect destinations for a vacation home. These islands boast a healthy climate, year-round sunshine, a relaxed lifestyle, and awe-inspiring natural beauty. While Saona offers luxury villas and stunning turquoise waters, Catalina offers infamous coral reefs for diving. The real estate market on these islands can be competitive, but there are many affordable and high-end options to suit any budget.
The average price of a property in Dominican Republic: Trends overview
Here is a list of average property prices per square metre in different regions of the Dominican Republic according to the Instituto Nacional de Estadística y Censos (INEC), Ministerio de Obras Públicas y Comunicaciones. Santo Domingo: DOP 30,000 - DOP 40,000 per sq m Santiago: DOP 20,000 - DOP 30,000 per sq m Punta Cana: DOP 35,000 - DOP 50,000 per sq m Puerto Plata: DOP 15,000 - DOP 25,000 per sq m La Romana: DOP 25,000 - DOP 35,000 per sq m San Pedro de Macoris: DOP 10,000 - DOP 20,000 per sq m La Vega: DOP 15,000 - DOP 25,000 per sq m Higuey: DOP 20,000 - DOP 30,000 per sq m San Cristobal: DOP 15,000 - DOP 25,000 per sq m Samana: DOP 30,000 - DOP 40,000 per sq m Please note, these figures are averages and actual prices can vary greatly depending on the specific location within each region, the condition of the property, and other factors.
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Dominican Republic a good investment?
Investing in property in the Dominican Republic can present numerous advantages. Firstly, the Dominican Republic boasts a dependable and established legal system that safeguards property rights for both locals and international investors alike. Secondly, real estate institutional investors can secure a consistent income from the rental market, thanks to the country's thriving tourism industry and an ever-increasing population. Thirdly, the Dominican Republic is renowned for its comparatively low cost of living, particularly in relation to countries in North America or Europe, making it a cost-effective investment destination. And finally, there are numerous government tax incentives aimed at property owners, including attractive schemes aimed at foreign investors, which becomes a compelling reason to consider real estate investments in the Dominican Republic.
Which places in Dominican Republic have the most properties for sale?
Punta Cana and Puerto Plata offer a diverse range of accommodations and the most in the country. If you prefer a more central location, then Santo Domingo is the place for you. The capital market is thriving with Dominican Republic property for sale.
Can a foreigner buy property in Dominican Republic?
Yes, a foreigner can buy property in Dominican Republic. There are no restrictions on foreigners buying property in the country. However, it's recommended to hire a local attorney to assist with the process as it can be complex.
Where are the cheapest areas to buy properties in Dominican Republic?
If you're looking to find real estate in the Dominican Republic for an incredibly low price, consider regions like Puerto Plata and Santiago. They offer property cheaper than Punta Cana and other popular destinations for real estate in the Dominican Republic. Other affordable areas include Sosua, Samana, and Santo Domingo.
What is better to buy in Dominican Republic: a house or an apartment?
When considering buying property in the Dominican Republic, one must think over the benefits of a house versus a condo. If you're in search of a stunning property with oceanfront views, a condo might be your best choice, as they're frequently located in prime locations near the beach, such as the pristine white sands of the Punta Cana region. However, if you desire the peace of the rural areas, a house might be more fitting for you and your family. Dominican Republic real estate offers a variety of properties in development, including villas and townhouses, which may be more suited to families than condos.