Investments in Dominican Republic real estate Punta Cana
Punta Cana is one of the top tourist destinations in the Caribbean, attracting millions of visitors annually, and can provide a high ROI from tourism making this an good option for Investment in Dominican Republic.
Luxury vacation rentals can generate strong passive income due to consistent demand year-round, with high occupancy rates, especially during peak seasons, can result in a strong return on investment (ROI).
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
Featured Property:
Retreat Center/ Surfcamp / Guesthouse
Location
Cabarete, Dominican Republic
Property Type
Hotel
Bedrooms
N/A
Bathrooms
N/A
Price
$890,000
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of investments in Dominican Republic real estate Punta Cana, from residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
How to sell or rent properties in Dominican Republic:
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.