Why buying property in the Dominican Republic could be a great investment?
Location, Location, Location
The Dominican Republic is a short, direct flight from the East Coast of the United States and Canada, making it accessible and convenient from various points around the globe. With international airports in major destinations such as Punta Cana, Santo Domingo, Santiago, and Puerto Plata your travel-time can be reduced, and your vacation time maximized.
Affordable Cost of Living
Local produce is high-quality and plentiful, and a wide-variety of imported goods are readily available. Home prices are lower than other Caribbean islands, and construction materials and building professionals can help you design your dream home for a fraction of the cost of other locations.
Low property prices
With the Dominican Republic having a surplus of land and fewer added costs, real estate is overall cheaper when compared to neighboring countries in the Caribbean. In simple terms, the availability of excess land in the Dominican Republic has made it cost-effective and cheaper to buy real estate.
Strong Rental Yields
Tourism is changing the face of the rental market in the Dominican Republic. As a result, many visitors now seek apartments, condos, and villas for their stay.
In short, they want to have a more authentic experience of what life is like in this beautiful country. As a result, tourism is rising much faster than the number of available units in the commercial sector. This is helping to create a great opportunity for private owners to achieve strong yields.
Tropical Weather
The Caribbean tropical, sunny climate makes it a perfect beach destination all year-round. Rainy seasons are brief, and the warm tropical climate benefits all those seeking the pleasure of island living.
Are you looking for your dream home away from rutine, cold weather o investment in the Dominican Republic? Discover our unique paradise living experience.
At Punta Bay we make it yours with the best price of the Caribbean and best dominican real estate service. We exceed every expectation with exclusives deals, owner’s benefits and all effortless travel planning to come to see your property.
Tax Exemption & Property Transfers
The Dominican Republic offers good rental yields, with some areas registering net rental yields as high as 10% annually, according to some local real estate experts. Most of our properties are exemption from taxes on property transfers fee by Law 158-01 that establishes the Law for the Promotion of Tourism Development for the poorly developed poles and new poles in provinces and localities with great potential, and creates the Official Fund for Tourism Promotion.on promoting tourism development for low-income centers and new centers in provinces and localities with great potential.
Are you looking for your dream home away from rutine, cold weather o investment in the Dominican Republic? Discover our unique paradise living experience.
At Punta Bay we make it yours with the best price of the Caribbean and best dominican real estate service. We exceed every expectation with exclusives deals, owner’s benefits and all effortless travel planning to come to see your property.
