Dominican Republic

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Property for sale in the Dominican Republic

The Dominican Republic is a Caribbean nation to the east of the island of Hispaniola, which it shares with Haiti. It is known for its beaches, resorts and golf. Its territory includes rainforest, savannah and highlands, including Pico Duarte, the highest mountain in the Caribbean. The capital, Santo Domingo, preserves Spanish monuments such as the Catedral Primada de America.

Tourism sector has become one of the main drivers of development of the island's economy. This is also a reason why the real estate sector is growing. The demand for rentals by tourists who wish to make the island an experience is ever more on the increase, as well as the request for purchase of property for sale in the Dominican Republic for affordable prices for the possibility of putting them also on income. So we try to understand the reasons for buying a property for sale in the Dominican Republic.

The first reason is tourism increasingly growing.

In 2017 according to the Central Bank in the January-September period, the revenues obtained from the activities of hotels, bars and restaurants have increased by 6%, in addition to the 10% obtained from tourist spending. This is also a reason why the real estate sector is also growing. The goal for 2018 foresees an increase in arrivals of + 6% to reach the milestone of ten million tourists by 2022.

According to a study carried out in the United States dedicated to the quality of tourism in the Caribbean, the Dominican Republic, among the 28 countries analyzed, is in first place as a tourist destination primarily for the wide range of entertainment, transport connections with others Countries and for the hotel offer but also for sporting and adventure attractions and for the varied gastronomic offer.

The second reason for buying a property for sale in the Dominican Republic is the rapidly growing economy.

In the last ten years, the Dominican Republic has changed profoundly, moving from an economy based only on some agricultural products to a completely diversified, dynamic and modern society. According to the International Monetary Fund, the Dominican Republic was in 2016 the first fastest growing country in Latin America, beating Panama. Furthermore, the country is characterized by a strong and lasting democracy for more than 45 years. Indeed, it boasts a stable social and political framework, with a modern and open government.

At the price level, in Dominican Republic there are many differences between the diverse areas of the country. So the costs of purchase or rent vary considerably depending, for example, on the area and the type of property.

An interesting place to look for properties for sale in Dominican Republic as well as Santo Domingo is in Sosua.

Sosua is located 15 km northeast of Puerto Plata, composed of the natives of a major colony of European immigrants who arrived in the Dominican Republic in 1940 for most Germans and Austrians, who escaped from Nazi persecution. Over time, the presence of these groups has strongly influenced the lifestyle and socio-economic development of the region.

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Real Estate Listings

2-level apartment, 4 bedrooms (2 with balcony), 1 study, 4 bathrooms, service room, 2 living rooms, dining room, large kitchen, balcony and terrace wi...
Cod. 39950

For sale Hotel, Dominican Republic, Sosua, Sosua, Calle alejo martinez

For sale

1000 m²
Caribbean I sell tourist hotel business consisting of six two-room apartments and a four-room apartment with swimming pool plus expansion with terrace...
Cod. 39869

For sale Other (Commercial), Dominican Republic, Samanà, Samana, LUNGOMARE DANTE ALIGHIERI, 39

Reserved negotiation
For sale
Other (Commercial)

46000 m²
We sell property used as a resort consisting of 90 residential units in addition to the common parts with all management services. Without any commitm...
Cod. 39602

For sale Development Property, Dominican Republic, La Romana, bayahibe, Carretera Bayahibe

For sale
Development Property

50800 m²
50,800 m2 lot for sale by owner.
Cod. 39405

For sale Other (Commercial), Dominican Republic, Santo Domingo, Santo Domingo, el toro finca

For sale
Other (Commercial)

10000 m²
bottling and mineral water bottling company located in the bull park, with 10,000 square meters of land guarding house and local analysis, 1000-square...
Cod. 39203

For sale 3 Bedrooms, Dominican Republic, Nagua, Rio San Juan, CALLE DUARTE

For sale
3 Bedrooms

58 m²
It sells new elegant housing unit, with quality finishes and useful area of approximately 58sqm, composed of 2 bedrooms, 2 bathrooms, a living room-ki...
In the beautiful Caribbean island of Santo Domingo, in the brand new Playa Nueva Romana complex, in a modern, reserved and exclusive context, one sell...
Cod. 39164

For sale 3 Bedrooms, Dominican Republic, Santo Domingo, Los Minas, calle u=2 53A

Reserved negotiation
For sale
3 Bedrooms

90 m²
a few km from the sea and from the life of santo domingo, commercial center gumbo dela san vincente paul
PLAYA DOMINICUS OPPORTUNITY Apartment Tel. And WhatsApp 829 3971497 Apartment to restore, in the PEATONAL, almost opposite the entrance to the PAL...
Cod. 39102

For sale Warehouse/Barn, Dominican Republic, Puerto Plata, Sosua, Calle Pedro Clisante

For sale

900 m²
Commercial space on two floors with adjoining apartment for a total of approx. 900. In this room the owner is currently selling used clothing. Freeabl...
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