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The site offers over 45 flats for sale in the Dominican Republic, spanning various locations and price ranges. Use the convenient search filters and currency converter to find the best option for your requirements. Contact an agent to learn more about your preferred properties and the details of each deal.
- Minimum cost of an apartment in the Dominican Republic: USD 1
- Most expensive unit: USD 25 million
- The average price has increased by 7% in the last year.
| Bedrooms | Minimum price(USD) | Maximum price (USD) |
| Studio | 65,000 | 196,000 |
| 1-bedroom | 46,000 | 486,000 |
| 2-bedroom | 75,000 | 780,000 |
| 3-bedroom | 65,000 | 1.6 million |
| 4-bedroom | 130,000 | 5.2 million |
| 5-bedroom | 495,000 | 6.1 million |
- Minimum area: 38 m²
- Maximum area: 1,927 m²
For the purchase of real estate in the Dominican Republic for the amount of USD 200,000 or more, you can obtain a residence permit for one year, with the option to extend it.
Apartments for sale in the Dominican Republic
The country offers appealing opportunities for both home buyers and tourists. It’s a popular holiday destination due to its warm climate, picturesque beaches and one of the most beautiful coasts in the Caribbean. Visitors come to the region to explore museums and admire examples of colonial architecture, some of which are included in the UNESCO World Heritage List. Thanks to these features, an apartment for sale in the Dominican Republic can serve as a personal holiday retreat and provide additional income when rented out.
Buyers can choose from a wide range of properties, from cosy studios in the cities to exquisite penthouses on the coast. Typical layouts include kitchen-living rooms, bedrooms, bathrooms and balconies. Luxury options may feature two floors and include private pools, Jacuzzis, study rooms and terraces.
Due to the active development of construction, an investor can buy an apartment in the Dominican Republic in new complexes. These buildings are contemporary in style, with designs often inspired by sea waves, hanging gardens and palm leaves. Innovative designs are often complemented by exclusive amenities including swimming pools, gyms, beaches, walking areas and barbecue areas.
The country offers several attractive cities for purchasing real estate, including:
- Punta Cana: The most popular tourist destination, renowned for its white sand beaches, water sports facilities and well-developed infrastructure. It also provides an international airport, making travel convenient for travellers;
- Bavaro: Known for its famous beaches, resorts, hotels and golf courses;
- Cap Cana: A high-end location offering luxury accommodation and upscale amenities, including yacht clubs, golf courses and private beaches;
- Santo Domingo: The capital and cultural and economic centre of the country, offering a variety of property options from historic buildings to modern high-rise complexes;
- Sosua and Cabarete: Two cities on the north coast known for their vibrant entertainment scenes and water sports activities.
The cost of housing is determined by factors such as proximity to the coast, the condition of the building, the area and the amenities offered. The highest apartment prices in the Dominican Republic are found in the prestigious areas of Cap Cana and Punta Cana, where prices can reach several million dollars. More affordable options are available in less touristy and developed locations, such as certain areas of Santo Domingo and Santiago.
Reasons for investing in an apartment in the Dominican Republic
The region is one of the most sought-after Caribbean destinations for property investment. The country exhibits stable economic development. The International Monetary Fund, reports that GDP growth for 2023 was 2.4%, with a forecasted increase to 5.4% in 2024. The country benefits from minimal taxes and offers residence permit programmes for foreign investors and their families, significantly enhancing its appeal to international buyers.
The property market is actively growing, with new projects emerging, particularly in the highly sought-after luxury sector. Values of apartments and flats in the Dominican Republic increased by 7% in May 2024, compared to the same period last year. This trend suggests a favourable investment opportunity, as reselling could yield a profit from the difference between the original cost and the current value.
Owners can earn passive income by renting out the property, primarily to tourists who prefer property near the coast. The profitability of this investment is driven by strong demand for resort holidays in the region. In the first 4 months of 2024, over 1.1 million and 3 million people arrived in the country by cruise and air transport, respectively. These figures represent increases of 12.8 and 10.2% compared to the same period last year.
The cost of apartments in the Dominican Republic for investment and living varies with the season, peaking between mid-December and February. Owners can achieve high returns, averaging up to 6.74% per annum and in some cases, up to 10% per annum. In the popular cities of Punta Cana and Santo Domingo, the average rates are 6 and 7.48% per annum, respectively.
Buying an apartment in the Dominican Republic
The portal Global Properties is an aggregator where you can select apartments and villas in the Dominican Republic directly from developers and real estate agencies. The website features properties in the most prestigious locations of the country across various price ranges. Use the filters for location, area, number of bedrooms and amenities to find a suitable option. The built-in converter will display prices in euros, dollars, the local currency or any other convenient currency. Leave your contact details so that an expert can contact you to discuss your budget and requirements for Dominican properties.