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Global Properties online platform offers an extensive database of properties for sale in off-plan projects in Dominica, regularly updated with new real estate options. To simplify and expedite the selection of properties that meet specific criteria, the platform has integrated several helpful tools:
- Filters: The advanced search system features numerous filters, allowing users to find properties based on their preferred price range, area, number of rooms, furniture, location, construction stage and more;
- Quick links: At the bottom of the page, quick links direct users to common buyer requests, such as "waterfront properties" or "properties with a pool;"
- Listing sorting: This feature enables users to sort search results by name, popularity, newness or price (ascending or descending);
- Interactive map: Users can view property locations to assess nearby infrastructure and attractions;
- Currency converter: Prices for villas and apartments in Dominica can be converted into dollars, euros or any other preferred currency.
- The minimum cost of off-plan property for sale in Dominica is USD 65000.
- The maximum price can reach up to USD 1.8 million.
For over 30 years, the country has had a government program that allows individuals to obtain citizenship through investment in property in Dominica. Here are some key points to consider before applying:
- Minimum investment: The threshold for investment is USD 200,000;
- Government approval: The property must be approved by the local government;
- Eligibility requirements: The primary applicant must be of legal age and provide proof of no criminal record or serious medical conditions;
- Eligible family members: Along with the investor, a spouse, minor children, financially dependent children under 30 who are university students, unmarried daughters under 25 living with the applicant and financially dependent parents or grandparents over 65 may also be eligible for citizenship;
- Holding period: To maintain citizenship status, the foreign investor must hold the property for at least three years or five years if the next buyer intends to participate in the programme.
- Application fees: Adding family members to the application will increase the fees but not affect the investment threshold.
Alternatively, investors can choose to make a non-refundable contribution to the Economic Diversification Fund. In this case, the minimum investment for the primary investor is still USD 200,000, but the amount increases if family members are included in the application.
Off-plan properties in Dominica
The market for apartments and villas in Dominica offers a wide selection of high-quality, move-in-ready properties. However, purchasing real estate under construction has several clear advantages. Firstly, the intense competition among developers often drives prices down and encourages flexible payment schedules. As a result, buyers of off-plan real estate can secure deals with the most favourable terms.
Secondly, many developers allow buyers to modify the interior layout at early stages, as well as select flooring, finishing materials, furniture, plumbing, colour schemes and other interior design details. This enables investors to obtain personalised housing at minimal cost.
Before finalising a deal, it’s crucial to review the developer's completed projects and customer feedback. Investing in off-plan in Dominica always involves risks, so investors are advised to prioritise companies with years of experience and established reputations. Decisions should not rely solely on brochures, demo properties or other promotional materials.
Off-plan properties by developers in Dominica for investment
The primary reason investors choose to buy off-plan property in Dominica is the quick return on investment. The island nation is a popular destination for both tourism and immigration, ensuring a high demand for rental housing. The average return on local real estate ranges from 3% to 8% annually, depending on location and condition. New properties that offer easy access to beaches and popular attractions tend to generate the highest profits.
Since prices from off-plan developers in Dominica are lower than those of ready-to-move-in homes, investors who secure deals at the foundation stage can recoup their investments through rental income more quickly. Furthermore, they have the opportunity to profit from reselling the assets in the short term. Typically, prices increase by 10% to 30% from the project's launch to the transfer of ownership.
New off-plan projects in Dominica
Global Properties automatically gathers listings from reliable agencies and developers, followed by a manual verification process. This ensures that users looking to purchase off-plan property for investment in Dominica can browse a wide selection of listings featuring up-to-date characteristics, prices, photos and seller contact details. Utilise the platform's effective tools to find properties with the best price-to-quality ratio and contact sales specialists directly via phone or personal message.