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Global Properties offers a wide selection of property in Dominica, including numerous options for foreigners looking to purchase an apartment in a new development. To find the best option among new off-plan apartments in Dominica, utilise the site's tools such as filters, quick links and sorting features to streamline your search. Carefully review the features, prices and photos of the properties and then contact the seller of the property you're interested in. Each listing includes the contact details of the developer or real estate agency.
- Minimum cost of an off-plan flat in Dominica: USD 143,000
- Maximum price: USD 1.8 million
Buying apartments in Dominica can provide a pathway for obtaining citizenship through a simplified process. The country's citizenship-by-investment programme has been in place since 1993, offering the option to invest a minimum of USD 200,000 in real estate. In addition to the main applicant, the following family members are also eligible for citizenship:
- Spouse;
- Minor children;
- Financially dependent children up to 30 years old who are full-time students;
- Unmarried, financially dependent daughters up to 25 years old living with the main applicant;
- Financially dependent parents or grandparents aged 65 and older.
The minimum investment amount excludes additional fees, including application processing fees starting at USD 1,000 and due diligence checks starting at USD 7,500 for the main applicant and spouse and USD 4,000 for each additional dependent. All applicants aged 16 and older must complete an interview, which is typically conducted remotely. The application process generally takes around three months.
Once citizenship is granted, foreigners can reside in Dominica indefinitely. Additionally, citizens of the republic have the right to work, study and travel visa-free or under a simplified visa regime to over 140 countries.
Off-plan apartment in Dominica
Many foreigners choose to purchase apartments in off-plan projects in Dominica for investments and living, as these new residential complexes often feature modern interior designs and extensive infrastructure, including:
- Swimming pools for adults and children;
- Children's play areas;
- Gyms and outdoor sports facilities;
- Saunas and spas;
- Relaxation areas with free Wi-Fi;
- Barbecue zones;
- Cinemas;
- Parking facilities;
- 24-hour security and video surveillance;
- Concierge services.
Other benefits of purchasing property in a new development include favourable payment terms. Many developers aim to attract investors during the early stages of construction by offering lower prices and instalment plans. Typically, buyers make an initial deposit of 10-30% of the property price and pay the remaining balance in instalments.
Investments in off-plan apartments in Dominica
Several factors make apartments for sale in off-plan projects in Dominica an attractive investment:
- Capital growth: Property prices typically increase by 10-30% from the start of the project to the handover stage, allowing investors to profit from resale within just a few years. However, many investors choose to retain their properties to achieve more significant capital growth. Local property prices increase by 2-5% annually, making the "buy and hold" strategy one of the most effective approaches;
- Rental income: Landlords in Dominica typically earn around 4% annually. Apartments located near beaches or popular attractions tend to generate the highest short-term rental income, as they are in high demand among tourists. Additionally, since apartments in new developments are priced lower than ready-to-move-in properties, rental businesses enable investors to recoup their investments in a shorter time frame.
- Tax optimisation: The property tax in Dominica is only 1.25% of the cadastral value. Furthermore, residents are exempt from capital gains and inheritance taxes.
Buy an off-plan apartment in Dominica
The following make the Global Properties website an effective tool for finding real estate abroad:
- A vast catalogue of housing, commercial spaces and land plots, updated daily with listings from verified agencies and developers;
- The ability to contact the seller directly via phone or personal messages;
- An advanced search system with numerous filters, allowing you to select properties based on price, size, the number of bedrooms and bathrooms, furniture, location, construction stage and other criteria;
- Quick links to the most popular user queries, such as "on the first line";
- A sorting function for listings by name, popularity, publication date and price (ascending or descending);
- An interactive map showing nearby infrastructure and attractions;
- A currency converter displaying prices in dollars, euros and the local currency.
Explore the convenience of our online platform and find your off-plan apartments or villas in Dominica today!