Global Properties offers over 60 of listings with detailed descriptions, photos, and up-to-date prices for properties in Dominica. Use the convenient search system with advanced filters and sorting functions to find the perfect option quickly. For more information about real estate in Saint George and other areas, contact the seller directly via phone or private messages. Contact details for agencies and developers are provided in each listing.
Foreigners are allowed to own property on the island. However, before purchasing a home here, they must obtain a special land permit. The license fee is 10% of the property's purchase price. Buyers participating in the country's citizenship program are exempt from this requirement.
- Minimum among real estate prices in Dominica: $126479
- Maximum price: $1.8 million
- Minimum size: 130 m²
- Maximum size: 1,312 m²
The country has had a citizenship-by-investment program for over 30 years. To participate, foreigners must invest $200,000 in villas or apartments in Dominica. The application can include a spouse, children, parents, and grandparents. The process is conducted remotely.
Rental rates and prices are significantly influenced by demand from foreigners. The most interest is shown in the following cities and regions:
- Roseau: The capital, surrounded by the Caribbean Sea, Roseau River, and Morne Bruce Mountain. Its old quarters, with 18th-century French architecture, are filled with shops, restaurants, and bars. One of the largest open markets in the Caribbean is located here, offering a variety of fresh tropical fruits, vegetables, and herbs.
- Portsmouth: The second-largest city offers diverse leisure and recreation opportunities in a more relaxed setting compared to the capital. Tourists come for diving, boating, and whale watching. The city has some of the island's most beautiful beaches and coral reefs. The former capital is surrounded by extinct volcanoes and Cabrits National Park.
- Marigot: A small town on the hills with scenic views of the island and sea. It has a developed transport infrastructure with highways facilitating connections between settlements and an airport. The area boasts numerous restaurants and hotels. Nearby are some of the country's best northern beaches and the popular Sari-Sari Waterfall.
- St. George: One of the island's ten administrative parishes, located on the west side. It has several large villages where visitors can experience local culture and lifestyle. The parish is known for its waterfalls, black sand beaches, and lush vegetation. Hiking, trekking, and water sports make St. George's real estate popular with tourists.
- St. John: Another parish with picturesque landscapes. Its highest point is Morne Diablotins, standing at 861 meters. Tourism plays a significant role in the local economy. Besides natural attractions, the area draws visitors with cultural events and festivals. The parish has well-developed infrastructure, including schools, kindergartens, hospitals, shops, and an efficient transport system.
Both apartments and houses in Dominica are in high demand among expatriates. Buyers and renters show the most interest in the following types of housing:
- Premium Units: Luxury apartments and villas with thoughtful layouts, modern designs, and a wide range of shared and/or private amenities. New complexes may include a pool, gym, sauna, playground, etc. These properties often feature 24/7 security, video surveillance, and concierge services.
- Eco-Homes: Dominica, known for its rich nature, is a popular destination for eco-tourism. Properties built using "green" materials and technologies are sought after by those valuing sustainable development.
- Seaside Properties: Homes with sea views and easy beach access are highly valued worldwide. These houses and apartments are suitable for both vacation and relocation.
Key advantages attracting buyers to the country’s homes and apartments include:
- Affordable Prices: Prices on the island are more accessible compared to many other Caribbean countries. The government controls investor activities, keeping the housing market stable.
- Attractive Tax System: Tax residents of the country do not pay capital gains or inheritance taxes. They also have access to various tax deductions. Real estate owners pay only 1.25% of its cadastral value.
- Support for Environmental Initiatives: The government supports eco-tourism and green construction. Over the past five years, international chains like Kempinski have built numerous luxury hotels using eco-friendly materials and technologies.
The demand for both long-term and short-term rentals is growing. Expats and locals often seek long-term rentals in areas with developed infrastructure and proximity to the center. Properties in coastal and tourist zones are popular for short-term rentals among tourists.
Real estate in Dominica
The local housing market offers a wide range of options to meet the preferences and budgets of any buyer. Prices vary depending on many factors, including the type of housing unit, number of rooms, area, and location. However, they are more affordable compared to other Caribbean countries.
In addition to the cost of properties for sale in Dominica, foreign buyers participating in the citizenship program must pay for due diligence checks, government fees, and bank charges. The total additional expenses depend on the family composition, averaging about $35,000 per investor.
Reasons for investing in real estate in Dominica
Purchasing real estate in Dominica for investment opens opportunities for earning through rent or resale. Rental income on the island starts at 4% per annum. A luxury villa with modern design, four bedrooms, and a private pool can yield up to 10% per annum.
The most profitable strategy is short-term rentals, but this requires more involvement from the owner (regular maintenance, cleaning, attracting new tenants, etc.). Investors unable to dedicate time to these tasks may opt for long-term rentals or contract a management company to handle all organizational matters.
Owners can also expect capital appreciation. Local property values increase on average by 2–5% per year. To accelerate capital growth, invest in apartments at the early stages of construction. Prices for such properties often rise by 15–30% upon project completion.
Buying real estate in Dominica
Global Properties is a functional aggregator that simplifies the selection process. Advanced filters allow users to select investment real estate in Dominica with desired parameters, such as area, number of rooms, available amenities, and construction stage. Results can be sorted by price, publication date, size, and other criteria. Experience the convenience of the online platform today!