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 macro 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 fact, 2017 was one of the most productive years for tourism, contributing 16% to the gross domestic product. According to the Central Bank in the January-September period, the revenues obtained from the activities of hotels, bars and restaurants have increased by 5.9%, 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

Cod. 37891

For sale Development Property, Dominican Republic, Barahona, Bahoruco, calle paraiso el quemaito

For sale
Development Property

20000 m²
offer for sale property completely fenced, of c.a 20,000 square meters, FRONT SEA, direct access to the beach. Property Description dwelling on two l...
just 500 meters from the beach, for sale charming apartment of recent construction of 52 square meters 52 on the ground floor in the residential compl...
Cod. 37610

For sale Villa, Dominican Republic, Puerto Plata, Sosua, La Mulata 2

For sale

1000 m²
Large single story villa (10,760 square feet): - 4.842 square feet of housing (3 bedrooms, 3 bathrooms, living-room, dining-room, kitchen, ...) poss...
land just 500 meters from the road and 5 minutes from the beach of boca chica available for any project, from 2000 m2. information tel. and whatsaap
Cod. 37205

For sale Hotel, Dominican Republic, Las Terrenas, Las Terrenas, casa nina

For sale

2500 m²
Very nice hotel wall and bottom of trade. 11 large rooms with terraces and 2 apartments. Pool, bar on the beach, everything is together for total succ...
Cod. 37177

For sale House, Dominican Republic, Samanà, Las Terrenas, Las Terrenas

For sale

340 m²
Villa for Sale in Las Terrenas, Dominican Republic, avmountain-top villa with panoramic ocean views above Las Terrenas on the Samaná peninsula. It con...
Cod. 36852

For sale Development Property, Dominican Republic, Santiago, colorado, Santiago de los caballeros

For sale
Development Property

10500 m²
Land, very spacious, 5 minutes from Santiago airport, if you want to multiply your money, is your opportunity, to make a house or an apartment, this i...
Apartment on 2 levels ground floor living room kitchen bathroom upstairs 3 bedrooms bathroom. garden and private pool. 200 meters from Dominicus beach...
Cod. 36784

For sale 2 Bedrooms, Dominican Republic, La Romana, bayahibe, Calle Genova

For sale
2 Bedrooms

55 m²
We sell first floor apartment kitchen corner room furnished terrace
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