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Buying a Property in The Dominican Republic - Quick Facts
Getting There
The country has seven airports: It is approx 9 hour flight from London, 2 ˝ hours from Miami, 3 ˝ hours from New York and 10 hours from Madrid.
Dominican Republic Quick Facts:
- Religion: 95% Roman Catholic
- Government: representative democracy
- Head of State: President Leonel Fernández
- Inflation: 5.1%
- Major Industries: Tourism, sugar refining, nickel and gold mining, cement, tobacco.
- Major Trading Partners: USA, Venezuela, Belgium
- The official language of the Dominican Republic is Spanish. It is very common to find English, French, Italian and German speaking people at important tourist destinations.
- National currency is the Dominican peso. The real value of the Dominican peso varies in accordance to the value of the U.S. dollar.
» The Domincan Republic
» Domincan Republic Property Buyers Guide - Part 1
» Domincan Republic Property Buyers Guide - Part 2
Getting a mortgage
How much that dream property or investment property will cost? Click here to use our handy mortgage calculator to work out your payments.
Shared Ownership
Rising prices have meant that people wanting to own a holiday home in Spain are finding it harder to raise the finance. Shared ownership could be the answer. Unlike timeshare, you actually hold Title Deeds and own a percentage of that property.... More »