+1(809)773.7925 info@sunlife.realestate

Real Estate in the Dominican Republic

5 februari 2021

Due to the low prices and high demand on properties, The Dominican Republic is one of the top nations in the Caribbean to invest in real estate. You can buy a rentable home with sea view for as low as USD. 100,000 (sometimes even down to USD. 50,000, depending on the area). Also, in the Dominican Republic, you can get financing to make the purchase as a non-resident foreigner.  

Development of Real Estate in the Dominican Republic 

About 15 years ago, places such as Punta Cana and Puerto Plata were hotspots for tourism, real estate investors and/or people interested in buying/renting a summer home. Nevertheless, there were other areas, such as Las Terrenas in the Samaná Peninsula, which were in development but offered top quality properties as well. This made a great location for investing, as the demand was still not high, and the supply was steadily increasing.

Currently, Las Terrenas is considered a high-end location and a place to consider for real estate investors. Nonetheless, Punta Cana and Puerto Plata are still top locations, alongside many other places, such as, La Romana, Juan Dolio, Santa Cruz de Barahona, Las Galeras, and many other spots tailored for their specific audience.

Villa in Las Terrenas

Is it worth investing in Real Estate in the Dominican Republic? 

The economy of the Dominican Republic is the largest in the Caribbean and Central America, and it’s also amongst the cheapest islands to live on as well. The living costs are lower than in the US, Canada, or Europe. In addition, tourism is vastly benefitted by the numerous diving, surfing, sailing, sightseeing and other activities that occupy people’s days. Moreover, the nation has special programs for retired people to speed up their permanent residency. All these factors create a high demand in real estate, making the island a top location in the Caribbean for investors as well.

 
You can follow us on Facebook and Instagram to stay up to date with our newest listings.

Categorieën: News

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Coral Living: A Haven Under Construction in Playa del Carmen! 

    Nestled just 5 minutes away from the pristine beaches, “Coral Living” emerges as the epitome of modern coastal living. This soon-to-be-completed apartment project promises a harmonious blend of luxury, convenience, and a touch of seaside charm. Let’s take a sneak peek into what makes Coral Living an oasis of comfort and style. Location: Situated just…

    Read more »

  • Dominican Republic: Striking figures of foreign direct investment in recent years, according to a study.

    The Dominican Republic plans to attract foreign direct investment (FDI) of 4.2 billion dollars, equivalent to 3.7% of the Gross Domestic Product (GDP). The country leads in Central America and the Caribbean in this area, receiving 18% of the total flows between 2016 and 2022. However, in 2022, it ranked second, surpassed by Guyana. As…

    Read more »

  • Real Estate prices increase by 74% in Santo Domingo

    Residences have experienced an increase in their costs during the current year compared to previous years, and this phenomenon is not solely attributed to the appreciation of intrinsic value or capital gain. During the first half of 2023, there has been an observed rise in the average price per square meter (m²) of homes located…

    Read more »

  • A Slice of Paradise: Sun Life Real Estate’s Beacon Hill, Sint Maarten Property for Sale

    Sint Maarten, with its stunning beaches, vibrant culture, and tropical climate, is a dream destination for many. If you’re considering a real estate investment in this paradise, look no further than our exclusive property in Beacon Hill. Located conveniently close to the airport and some of the most beautiful beaches in the Caribbean, this property…

    Read more »

  • Tiles and price and quality difference

    The Secret Behind Tile Quality: Insights from Stephan Jacobs As we stroll through the aisles of a tile store, tiles may seem like mere pieces of ceramic or porcelain with various patterns and colors. To the average consumer, the differences may appear minimal, but for experts like Stephan Jacobs of Sani Projects, the world of…

    Read more »

Sun Life Real Estate

Sun Life Real Estate is the right place for property & housing suggestions and opportunities in the Caribbean. Potential buyers, tenants, investors as well as sellers and landlords rely on our personal and customer-oriented approach every day. We also distinguish ourselves in terms of knowing how to give tailored advice.

Our services

Contact

Dominican Republic: +1-809-773-7925
Curaçao: +5999-670-6636
Saint Martin: +1-721-526-8348