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Global Properties offers boasts over 126 listings for real estate in the Dominican Republic for investment and living from reliable developers and real estate agencies.
- To purchase on the primary and secondary market, use the search function with filters, sorting options, and an interactive map.
- To quickly select suitable options, quick links at the bottom of the page provide the most popular filter combinations, such as “by the sea” or “on the front line.”
- To enhance user convenience, the aggregator is equipped with a converter that allows you to view prices in dollars, euros, and local currency.
Yes, foreign citizens have the right to acquire housing here. The country has an open policy regarding foreign investments, allowing free purchase of houses, apartments, commercial properties, and land plots.
- Minimum price: USD 1
- Maximum price: USD 45 million
- Average price increase over the past year: 6%
- Minimum area: 35
- Maximum area: 5,000 m²
Investors must invest at least USD 200,000 to obtain a residence permit valid for 1 year, with the option to extend.
There is no direct programme, but residency by investment simplifies the process of obtaining citizenship. After 5 years of residency, you can apply for permanent residence, and after another 2 years —for citizenship.
The most attractive destinations for holidays and home purchases:
- Punta Cana, one of the most famous resorts in the Caribbean, is renowned for its white-sand beaches and luxury hotels. The area is also known for its golf courses and numerous water sports opportunities. It hosts an international airport that receives the largest number of visitors to the country.
- Santo Domingo, the capital of the country, attracts tourists with its history and cultural heritage, including the Colonial City, a UNESCO World Heritage Site. The city boasts an abundance of shops, restaurants, and nightclubs, making it appealing to those seeking vibrant urban life.
- Puerto Plata, located on the north coast, is known for its gorgeous beaches and historical sites. Real estate in Puerto Plata is characterised by sophistication and a wide selection of seaside properties.
- La Romana features picturesque beaches and luxury resorts. With an international airport within its territory, the city offers convenience to travellers.
- Boca Chica, a region with shallow lagoons, is popular with water sports and nightlife enthusiasts.
Villas in the Dominican Republic are in demand in coastal areas and tourist zones, including Punta Cana and La Romana. In Santo Domingo and Puerto Plata, modern apartments with amenities such as pools, fitness centres, and 24-hour security are popular. In Boca Chica and other resort locations, you can find cosy bungalows and apartments, ideal for holidaying and renting out.
Key reasons leading to profitable investment:
- Growing tourist flow, with 8–10 million people visiting the country annually;
- More affordable prices compared to other Caribbean countries;
- Favourable climate, beautiful beaches and coastline;
- Tax benefits for foreign investors;
- Developed infrastructure: modern airports, roads, and services;
- High rental income in popular tourist areas;
- Stable economic situation.
The rental market is active, especially in tourist areas. The average return on investment for real estate in the country is 6.74% per year. Returns vary depending on the specific location, type of housing, and amenities.
Real estate in the Dominican Republic
The country attracts investors, residents, and tourists with its combination of natural beauty, favourable climate, and economic opportunities. The main factors contributing to its popularity include magnificent beaches with white sand and crystal-clear water, making the region ideal for holidays and permanent residence. Buying a home in the country is profitable due to economic stability and favourable conditions for investment and business, such as 100% exemption from corporate tax and VAT.
The following types of housing are available to buyers:
- Villas: The most popular option in the country, often located in picturesque locations with extensive plots of land, gardens, and swimming pools. Layouts typically include multiple bedrooms, living rooms, and outdoor lounge areas. The most luxurious homes have private beaches, gyms, barbecue areas, cinemas, staff rooms, and high-quality furniture and finishes. Mansions can be either modern or traditional Caribbean style.
- Apartments: Ranging from small studios to spacious units with many amenities. Apartments in the Dominican Republic typically provide connected kitchens and living rooms, bedrooms, bathrooms, and balconies. Some are located in modern complexes with developed infrastructure, including swimming pools, fitness centres, beaches, and secured areas.
- Penthouses: Spacious properties on the top floors of buildings with magnificent views of the sea or city. This high-end segment of housing provides additional amenities such as terraces, private pools, Jacuzzis, and gyms.
Real estate prices in the Dominican Republic depend on the property’s proximity to the coast, condition and furnishings, area, and additional amenities. The most expensive places to buy are Punta Cana and Cap Cana, where the pricing of luxury properties is especially high due to the prestigious location and developed infrastructure. More affordable options can be found in Santiago and some areas of Santo Domingo.
Reasons for investing in real estate in the Dominican Republic
The country is considered an attractive option to make profitable investments in residential projects. One of the most significant reasons is its stable economic growth, which, according to the International Monetary Fund, reached 2.4% in 2023 and is projected to reach 5.4% in 2024. Buying investment real estate in the Dominican Republic is profitable due to rising prices: in May 2024, apartment prices increased by 7%, and villa prices by 5%. Foreigners choose this region due to the opportunity to become residents, benefit from tax exemptions, and enjoy the right to live with their families in the country.
Investors can recoup their investments by renting out houses and apartments, primarily to holidaymakers who prefer prestigious property near the sea. This option is particularly appealing as the tourism sector is booming. In the first four months of 2024, the number of people arriving in the country by air and cruise transport increased by 10.2% and 12.8%, respectively, compared to the same period the previous year.
The rental cost of real estate in the Dominican Republic is especially high during the peak season, which lasts from mid-December to February. Investment returns average 6.74% per annum , but can be significantly higher in some areas. In Punta Cana, profitability ranges from 3.87% to 7.92% per annum. Real estate in Santo Domingo offers returns from 6.26% to 9.82% per year.
Due to the high demand for luxury mansions, new projects are being built that offer a wide range of amenities and prestigious locations. Purchasing such a property at the construction stage is more profitable than buying a finished one. You can also consider purchasing a plot of land and building a house to suit your own needs and preferences.
Buying real estate in the Dominican Republic
Global Properties is an aggregator that offers a wide selection of housing from trusted agencies and developers. The site features listings in the country’s most sought-after locations, including real estate in Punta Cana. Visit the catalogue to sort properties by type, cost, number of bedrooms, area, and location. Leave your contact information on the website, and a specialist will call you back to discuss your chosen unit and the details of the transaction.