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

With impressive ocean views, 2 single family houses of 2,431m2, 5 bedrooms, 1 office, 5 bathrooms, 2 equipped kitchens, 2 large living rooms, 2 large ...
Cod. 41346

For sale Business, Dominican Republic, La Romana, Bayahibe Dominicus, Peatonal

109,058.80USD
For sale
Business

220 m²
The restaurant is located in 'Dominicus Americano' known for the most beautiful beach in the Dominican Republic but also for the vast Italian and Euro...
La Romana - Repubblica Dominicana - In contesto signorile di nuova realizzazione con consegna a 18 mesi, collocato internamente al rinomato Complesso ...
Cod. 41151

For sale Villa, Dominican Republic, Samanà, Samana, El carra

568,498.00USD
For sale
Villa

437 m²
At 7 km from Samana at 360 mt. above the sea level it sells properties with splendid sea and mountain views, in the middle of the green, but conveni...
5 rooms, kitchen, 2 terrace, 2 living room, 1 dining room, 1 laundry room, 2 bathrooms, 1 visitors toilet, garare for 2 cars. If you need for info...
Unit has 24 hour security, washer and dryer, and financing available. Please contact me . Se habla espanol. What’s app disponible.
Cod. 40451

For sale 2 Bedrooms, Dominican Republic, Juan Dolio, Juan Dolio, juan dolio

155,000.00USD
For sale
2 Bedrooms

154 m²
Acogedor apartamento con espectacular vista al mar Hermoso, calido, fresco con el aroma del mar, este apartamento se encuentra ubicado en Juan Doli...
Beautiful 4 bedroom villa in Residencial Bávaro Punta Cana. 4 bedrooms, 3.5 bathrooms, 2 living rooms, fully equipped kitchen, terrace, pool, gazebo, ...
Apartment da tre camere da letto with room, pranzo, laundry, balcony, box for 2 cars. Bright and panoramic, nella migliore area of Santo Domingo
Cod. 40163

For sale 3 Bedrooms, Dominican Republic, Boca Chica, Boca Chica, boca del mar boca chica

24,493,116,267,555.00USD
For sale
3 Bedrooms

110 m²
I sell and rent apartments and houses in an excellent location near Boca Chica in the Dominican Republic excellent prices with large well ventilated k...
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