Properties for Sale in El Paredon, Ozama, Dominican Republic

Real estate in El Paredon

The Ozama region in the Dominican Republic is a spectacular destination attracting a multitude of foreign home-buyers and investors. El Paredon, situated along the majestic Ozama River, should be a priority on your property search if you are in pursuit of an idyllic house or an apartment for sale in a remarkable location blessed with tropical paradise beaches. This magnificent community in the Santo Domingo province, with its riverfront coast and traditional colourful houses, has earned the moniker "Pueblo de Colores" or "Town of Colors" due to its vibrant architecture and panorama. Before reaching out to a local real estate agent, it's important to understand the market specifics in the region, the types of properties that El Paredon has available, and the cost implications of securing a vacation home in such a distinguished location. El Paredon offers variety ranging from high-end luxury villas to modest, charming apartments, all in a truly Caribbean setting. The town, though small, provides an intimate, community-centered lifestyle while being a stone's throw away from the capital city, Santo Domingo. It merges the tranquil life with accessibility to urban facilities, making it an incredible spot for property investment. The Dominican Republic's stable economy and progressing real estate market make El Paredon a well-favoured choice for home buyers and investors alike.

El Paredon properties: Market trends overview

The real estate market in El Paredon, Ozama, in the Dominican Republic, has seen consistent price appreciation, attracting international investors and purchasers, particularly from the United States, Canada, Europe, and Asia. El Paredon's strategic location along the Ozama River provides a balance of serene living and thrilling adventure due to the numerous leisure facilities, water sports clubs, and proximity to the bustling city of Santo Domingo. El Paredon presents a dynamic riverside environment, an abundant historical background, and a high living standard. In recent years, the authorities of El Paredon have directed more efforts towards the town's expansion, bringing a multitude of property choices for both domestic and international house buyers. These include contemporary and efficient townhouses, apartments, modern villas, traditional Caribbean-style homes, and luxury condominiums. It's simple to find property and apartments for sale in El Paredon, Dominican Republic, that cater to every budget and lifestyle preferences, making this riverside town one of the most engaging for foreign purchasers.

Average price of a property for sale in El Paredon

What would be the expected purchase price for properties in El Paredon, Ozama? Estimating an exact valuation is understandably challenging due to various factors that come into play. Such factors could be the type of property, its location relative to the central landmarks and beaches, the amenities on offer, and individual buyer preferences (like the desire for luxury features, size of the property, ease of access, etc.) Recent data indicates that the highest listing price for properties in El Paredon, Ozama was recorded at DOP 202,000 per square meter. The most premium properties can usually be found in the El Paredon Beachfront area. On the other hand, properties with the most affordable rates, averaging at DOP 150,000 per square meter, are typically located in the Ozama Riverside area. The median listing price for a house currently sits at approximately DOP 13,768,461.

Types of properties can you find in El Paredon

In El Paredon, Ozama, Dominican Republic, the property market is diverse and rich, offering a wide variety of housing options including condo units, luxurious rooftop suites, exclusive sea-facing estates, and traditional Dominican casitas. The most desired properties for sale are often found in secure, private residential complexes. You can discover 3-4 bedroom condos with spacious balconies and traditional two-storey homes. Each floor of these houses possesses its own entryway, and each story comes with ample balcony space and its own kitchen area. Alternatively, you may choose to invest in a newly built mansion, situated in a prime location in El Paredon, Ozama. With panoramic views of the ocean, convenient beach access, and an overall tranquil ambiance, it's the perfect place to settle down in this beautiful region of the Dominican Republic.