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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Map, price trends, and statistics

Real Estate Listings

Cod. 38971

For sale Villa, Dominican Republic, La Romana, Casa de Campo, casa de campo

For sale

830 m²
A prestigious villa is sold complete with furnitur by private treaty. The villa is located in the exclusive Casa de Campo resort in La Romana (DR)
The hotel has 11 rooms 8 apartments, a bar restaurant, 1 house, laundry and closed parking. selling price of 1.5 MILLION DOLLARS
Penthouse sale in elegant complex with salt swimming pools, parking and security 24h. The apartment (with pool view) is composed of living room with k...
House for sale in the Dominican Republic in Boca Chica Santo Domingo 10 minutes from the beach and supermarket and shops within walking distance an...
Beautiful one bedroom apartment composed of open space living room / kitchen, bedroom and bathroom. New construction with a swimming pool 250 ...
Single detached villa for sale in Bayahibe (Dominican Republic) with property title, mq.50, inside a residential, guarded and private context, with ot...
Cod. 38547

For sale Development Property, Dominican Republic, Cabrera, Cabrera, loma Alta de cabrera

For sale
Development Property

4176 m²
land with sea view in a hilly area, reachable by a new asphalt road, equipped with private access, private water and electricity is located in a cool ...
Cod. 38522

For sale House, Dominican Republic, Puerto Plata, Sosua, La Mulata

For sale

13772 m²
The unique location of the house allows from the terrace a wonderful panoramic view of the surrounding, beautifully landscaped landscape to the sea, d...
Cod. 38452

For sale House, Dominican Republic, La Romana, bayahibe, La Romana

Reserved negotiation
For sale

140 m²
New and quiet residential area Near the ocean (5 min walk) 24 hours of electricity and water. 3 bedrooms 2 large closets 2 bathrooms big livin...
Apartment in Villa Limon, Residential Caribbean house, 1st floor. There are 2 swimming pools, large garden, security. 1 bathroom, 2 bedrooms, 2 terra...
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