A stunning Caribbean location, excellent value for money and a growing economy all help create that winning combination required by property buyers today.
Despite being popular since the ‘80s, it fell from vogue for several years, until around 2004, when economic growth and strong government focus on welcoming foreign investment to the island has meant a strong market for property buyers in the Dominican. Property prices are still set at a fraction of many other Caribbean islands allowing buyers to purchase a lot more for their money. With capital growth optimistically predicted by the Wall Street Journal to continue to rise to as much as 50% per annum, from today’s 20% p.a., buyers in key tourist locations can expect to enjoy not only dream-like holidays in paradise, but also capital appreciation and rental yields beyond expectation.
Property in the Dominican Republic is attracting land and property investors who seek to purchase from the start and reap great rewards from commercial, tourism and residential properties. Cities such as Santo Domingo and Santiago are fast expanding and many timely buyers are purchasing land on their fringes and waiting for prices to creep upwards. Meanwhile, an array of beautiful and affordable resort developments are now underway, particularly on the eastern tip of the island, attracting renewed interest from tourists, second homebuyers and investors alike.
With easy air access via two international and two national airports, the Dominican Republic has become a first-class holiday destination, creating a ready market for buy-to-let investors in its tourist locations. Proximity to 300 million holidaying North Americans and a larger number of daily flight arrivals means that US visitors today make up nearly a third of visitors to the Dominican Republic. New low-cost air routes from US cities mean easy access as a holiday destination, while the Dominican Republic still offers a lot more for your money than other Caribbean islands.
We are convinced that early purchase in the Dominican Republic’s growing real estate market will mean lucrative returns for property buyers. We are pleased to be able to offer you expertly vetted developments in the Caribbean at the Dominican’s currently unbeatable prices.
Political stability has lent itself to growth in the economy and the tourism industry in particular. The government has encouraged the growth of Free Trade zones and tourism, giving rise to a surge in real estate development to sustain this growth.
A relaxed life, tropical climate and welcoming population are all firm attractions for property buyers and holiday makers to the Dominican Republic. With real estate prices and the cost of living in general comparatively low, the Dominican Republic remains an understandably sought after Caribbean destination.
An overview of the process of buying property in the Dominican Republic. Our Dominican Republic Property Buyers Guide will give you an idea of the purchase procedure, along with some useful tips.
You may wish to purchase property in the Dominican Republic using mortgage. This section looks at the various finance options available for the purchase of property in the Dominican Republic.
Intelligent currency exchange can save Dominican Republic property buyers thousands when transferring funds overseas. Due to our partnership with a major international FX company, clients can transfer funds efficiently.
Dominican Republic FAQs
Here you can read news articles relating to property in the Dominican Republic. As an overseas property buyer, it is essential to keep up to date with the property market in the Dominican Republic prior to purchase.
Each country has unique tax implications relating to property purchase. This section offers information on your tax liabilities as a property investor in the Dominican Republic.
As an emerging Caribbean property market, the Dominican Republic’s low prices offer fantastic opportunities for early investors. A reliable and growing economy built upon strong, forward-thinking policies, combined with a good standard of living mean optimistic prospects for investors in the Dominican Republic.
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