99% of what you need to know before buying real estate in the Dominican Republic

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THE DOMINICAN PROPERTY MARKET IN 2024

If you're thinking about buying property in the Dominican Paradise, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Dominican Republic.

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PRICES, RENTS AND YIELDS IN 2024

What's the average cost of a 2-bedroom apartment in Punta Cana? Where can you find the best yields in the Dominican Republic? How much can you earn in rental income?

This report will give you solid answers, using data sourced from our analysis of over 2,900 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Should you consider property in the Dominican Republic? Some might encourage it, but your Dominican friends might have reservations. Remember, opinions are personal and may not always be very strong.

In this document, we take the last notable trends in Dominican Republic (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Investments that end up going wrong in the Dominican Republic tend to have similar features. However, by looking closely at specific factors, we can confidently judge whether an investment is likely to fail or succeed. Curious about what factors to consider? This document covers everything you need to know.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Dominican Republic? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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26 CONTACTS IN THE DOMINICAN REPUBLIC

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Dominican Republic. From A to Z, we've got you covered.

Inside this document, you'll have access to: Dominican real estate agents, property listing websites, Dominican real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Dominican Republic.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Misinterpreting 'Impuesto de Traspaso,' overlooking 'Registro de Títulos,' and disregarding coastal zoning laws... there are common mistakes that buyers make in the Dominican Republic property market.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Do you understand the purpose of a 'Certificado de Título' in the Dominican Republic? What is the role of 'Registro de Títulos'? Do you know about 'Derecho de Registro'?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in the Dominican Republic, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in the Dominican Republic. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

To quickly lease your property in the Dominican Republic, understanding local customs and traditions can be advantageous.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON PUERTO PLATA

If the golden beaches and the historic Fort of San Felipe enchant you, indulging in Dominican dishes like sancocho is a treat, and you appreciate a mix of relaxation and cultural exploration, Puerto Plata calls.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.

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FOCUS ON PUNTA CANA

If the beauty of palm-fringed beaches and all-inclusive resorts captivates you, indulging in tropical drinks is a treat, and you're drawn to a mix of relaxation and Caribbean charm, Punta Cana offers a paradise escape.

Uncover the region's advantages and disadvantages, projected yields, insights into the short-term rental market, prime locations for competitive prices, etc.

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FOCUS ON CABARETE

If the tropical beauty of beachfront life and water sports captivates you, enjoying Dominican cuisine is a delight, and you're captivated by a blend of relaxation and vibrant local atmosphere, Cabarete might be for you.

After reading this report, which will take you around 20 minutes, you'll have 95% of the knowledge you need to make the right choice about investing in property in Cabarete.