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Dominican Republic Luxury Property For Sale
Dominican Republic Luxury Property For Sale By Owner
Dominican Republic Luxury Property for Sale, find Dominican Republic Luxury Homes, Apartments, Condos and Villas For Sale By Owner.
Featured Property:
Punta Cana Executive Real Estate For Sale
Location
Punta Cana, La Altagracia Province
Property Type
Luxury
Bedrooms
N/A
Bathrooms
N/A
Price
$360,000
Dominican Republic Luxury Property For Sale By Owner | Dominican Republic Luxury Properties | Dominican Republic Property For Sale By Owner | Luxury Dominican Republic Property
High tourism supports short-term rental income, especially in luxury markets like Punta Cana, Dominican Republic 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.
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