Residential properties such as apartments or flats in Dominican Republic can come with 1 to 5 bedrooms and can be furnished and include services like cleaning and the cost of utilities such as water and heat.
Houses come in a variety of configurations such as detached houses which is a standalone property, and usually private, semi-detached houses which are two homes joined side-by-side and terraced houses which are a row of connected homes.
Bungalows are single-story houses, townhouses or row houses are multi-story homes that share walls with neighboring units, and condos (Condominiums) are privately owned units in a building or complex, with shared amenities.
Commercial properties in Las Terrenas can include offices, retail spaces such as shops, warehouses suitable for storage and distribution facilities, industrial units for manufacturing, assembly, or heavy industry businesses.
Other commercial properties also include restaurants or cafés that come with necessary equipment or licenses. If you are looking for Las Terrenas Dominican Republic for rent by owner properties, furnished, unfurnished, results will always depend on your needs, budget, and location.
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.
Popular areas of the Dominican Republic with International Buyers: