There are several tourist areas in Dominican Republic that could be attractive for foreign buyers. The prices can vary significantly depending on the location: from the most affordable region of Puerta Plata, including such popular tourist villages like Sosua and Cabarete, to the most expensive (and desirable) region of Punta Cana.

APARTMENTS AND HOUSES | from $30,000 USD
One-bedroom apartment 40-60 sq.m. in condominiums in the coastal resort towns cost about $40,000 - $60,000 USD. Two-bedroom apartments 120 sq.m. and more would cost about $130,000 USD. Detached houses start from $50,000 USD if they are located a few kilometers from the coast. Houses 150-200 sq.m. with 2-3 bedrooms in the gated communities located close to beaches can cost from $200,000- $250,000 USD and up.

VILLAS | from $100,000 USD
The Dominican Republic offers a large number of villas of different sizes with average prices from $100,000 - $300,000 USD and up. For example, a 5-bedroom villa 300 sq.m. with a swimming pool in 2 km from a beach can cost $180,000 USD. You can also buy a brand new modern design villas with a private swimming pool in gated communities right at the beach and close to a town centre starting from $240,000 USD.

SMALL HOTELS | from $200,000 USD
The cost of hotels varies depending on the location and the size. For example you can buy an apartment building for 20 bed spaces in 400 meters from the sea for $250,000 USD. A small beach front hotel of 7 bedrooms can cost around $600,000 USD.

The most popular types of properties that foreigners are buying in the Dominican Republic are apartments in condo complexes, and villas that are often located in gated communities. For those who are looking for earning a good income, there is a choice of small hotels, BnB, lodges, and apartment complexes (that are also called Condo Hotels).

There are several areas in Dominican Republic that are most popular with tourists: the capital Santo Domingo, La Romana, Samana, Puerto Plata with the nearby villages Sosua and Cabarete, and Punta Cana with Bavaro village. Out of these locations, the areas of Puerta Plata and especially Punta Cana are the most attractive in terms of living there and investing in real estate.

Particularly, we are focusing on the Punta Cana region, including the nearby Bavaro village, as this is the most popular vacation destination not only in the country, but in the entire Caribbean area. It offers the best lifestyle and excellent investment opportunities.

The Dominican Republic Government is very interested in attracting foreign investments. It favours overseas buyers and tries to ease the buying process for them as much as possible. Foreigners have absolutely the same rights as the locals when buying, operating and selling real estate in Dominican Republic. For example, there are no limitations on purchasing lands and the shoreline properties.

Moreover, the DR Government offers some incentives and programs, such as tax exemptions, to make investing in real estate even more attractive. The purchase process is simple and transparent, and it is done through registration of the transaction with a notary.

However, we always recommend to hire a local lawyer who is experienced in providing services to foreign buyers and investors.

The climate in Dominican Republic is one of its major advantages that attracts millions of tourists. The island offers a summer-like weather and warm sea waters through the entire year with stable temperatures around 29°C-32°C.

And even though this is a tropical country with high humidity, especially on the coastal area, you still feel very comfortable there due to the light breeze from the ocean. And the water temperature at the shore rarely drops below 26°C, making this place an ideal vacation destination during wither time.

The country has a rich landscape. In addition to beautiful sand beaches and palm groves along the shores, the central part of Dominican Republic is covered with mountains. The temperatures there are usually 7-8 degrees lower than in the coastal area and can reach as low as 0°C in the night time.

Therefore, you always have a place where you can cool off.

Citizens of most countries can entry the Dominican Republic visa-free and stay there up to 30 days. This period can be extended for another 30 days by contacting the immigration authorities.

In order to live in the Dominican Republic for more than 60 days and be able to work in the country, you need to obtain a Residency Visa, which is a temporary residence permit. It is issued for 1 year, with an option to renew. After five years you can apply for a permanent residence permit. And then, after two years of living in the Dominican Republic as a permanent resident, you can apply for a citizenship.

FAST-TRACK

There are alternative ways for obtaining a permanent residency without the need to wait for 5 years, if the following conditions are met.
- if you are a retiree and you have the pension not less than $1,500 USD / month;
- if you are able to show the monthly investment income not less than $2,000 USD;
- if you invest not less than $200,000 USD in either a registered DR company or put a deposit into a local bank.