Investment and Luxury Properties in the Dominican Republic
Investing in luxury property in the Dominican Republic (DR) is gaining popularity due to a combination of economic stability, strong tourism growth, tax incentives, and relatively affordable real estate compared to other Caribbean destinations.
Dominican Republic has a healthy and expanding tourism industry, and is the most visited destination in the Caribbean, welcoming over 10 million visitors annually.
Featured Property:
Punta Cana Resort Real Estate For Sale
Location
Punta Cana, La Altagracia Province
Property Type
Resort Style Complex
Bedrooms
N/A
Bathrooms
N/A
Price
$350,000
Popular areas of the Dominican Republic with International Buyers:
Why Invest in Luxury Property in the Dominican Republic?
High tourism supports short-term rental income, especially in luxury markets like Punta Cana and Casa de Campo where investors can generate good return on investments (ROI).
If buying in the Dominican Republic investors can use their properties for part of the year and rent the rest of the year if they wished to.
There are favorable tax benefits available under what is termed the Confotur Law (Tourism Incentive Law), which offers 15 years of property tax and transfer tax exemptions for qualifying projects.
Additionally there are no restrictions on foreign ownership, and over time the Dominican Republic has seen properties appreciate in value, especially in sought after coastal areas.
As properties such as beachfront villas or high-end condos can be purchased for less than in locations such as the Bahamas or Turks and Caicos, investing can be an attractive proposition.
If considering investing there are popular area to invest in luxury property in the Dominican Republic such as Punta Cana, with options on vacation rentals and especially gated communities.
Punta Cana International airport, golf courses, and a range of luxury resorts make great options for investors looking for a popular location with high returns.
If it is the ultra-high-end properties that investors, or private use buyers are focused on, La Romana in the Dominican Republic, one of the most prestigious areas in the Caribbean, that is ideal for those seeking to use their yachts via the marina, and are looking for secluded privacy plus at the same time having access to entertainment like golf courses.
Samaná Peninsula with locations such as Las Terrenas, and El Limón offer a choice for investors and private buyer intersted in new eco-luxury resort and communities, expats with the area benefitting form natural wonders such as waterfalls and whale watching.
Situation on the north coast of Dominican Republic Sosúa, and Cabarete offer buyers and investors options that fit those looking for water sports, luxury villas, and ocean view propeties that are suitable for business types and expats looking for something different.
In the Santo Domingo area with Piantini, and Bella Vista, comes with great options on luxury condo investments, and personal use properties, with the area offering nightlife, shopping, which are suitable to renters seeking a busier scene in the Dominican Republic.
Where is the Dominican Republic
Discover More About Dominican Republic Properties:
