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New 5 star luxury gated development in a prime location in Hurghada city centre.
Apartments from only £19,964 to £60,000 Easy Payment Plan More »
Buying a Property in The Dominican Republic
A Brief and Rapid Guide to the Dominican Republic
White
sandy beaches, impressive mountain ranges veined with spectacular
rivers and waterfalls, and saltwater lakes teeming with exotic
wildlife are just part of the Dominican Republic's appeal.
The climate of the coastal zone is warm, tropical. It is fresher in the central region. The average temperature during the entire year is 25 degree Celsius (77F).
The Dominican Republic spans an area of 48 679 km2 and occupies two thirds of the island known as Hispaniola.
Buying Real Estate
After
that description of paradise it seems a shame to return to the
mundane world of real estate, but no matter how nice it sounds
you will need somewhere to live so...
The north coast of the Dominican Republic is where you will find the province capital Puerto Plata and the small, pulsating cities, Sosua and Cabarete. The best real estate properties for sale are located in this area of the island. You can buy property in stunning locations from as little as £50,000!
In
1998, a law was passed allowing foreigners to buy property in
the Dominican Republic with the same rights and obligations as
a Dominican citizen.
The only requirement is that the Title Registry Offices keep a record, for statistical purposes, of all purchases made by foreigners. Acquiring property here is straightforward.
As in all the islands of the Carribean - to get the best protection when purchasing a property ALWAYS get a trustworthy, reliable attorney, AND title insurance.
» Domincan Republic Property Buyers Guide - Part 1
Mortgage Calculator
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 »