A Wide Selection of Affordable Villas For Sale
The Dominican Republic has become the top Caribbean tourism destination in recent years and as such, real estate is expanding. A widening selection of residential communities featuring affordable homes for sale has appeared along the North Coast. Full of exciting design ideas and loaded with features, these homes vary from the traditional Spanish look to the most contemporary architecture and offer wonderful value to those seeking their place in the sun.
Many reasonably priced communities offer ocean-view homes and most feature numerous amenities. Full villa management and rental services are also usually available, with some even guaranteeing a minimum rental income return. In addition to the many existing examples, a number of new projects are in the planning stages and others are under construction. The choices are exceptional and varied, and soon, these will be expanded.
Several of the villas are located in communities owned by those living outside of the Dominican Republic. With the peace of mind that comes from knowing their vacation homes are well-managed and earning them income, the homeowners then spend several weeks or even a few months in their tropical villas, while during their absence, maintenance is routinely carried out and rental income is generated. A wide range of real estate services are offered in most residential communities and include:
- 24-hour gated security
- Housekeeping, pool, and garden maintenance (6-days a week)
- Bill payment
- Villa maintenance service
- Rental management
- Point of contact
In one established community located in the hills of Sosua, a 2-bedroom, 2-bath home with a small pool starts under US $200,000. Many 2-and 3-bedroom houses have nice gardens, pools with sun terraces, and even an entertainment kiosk and may be purchased for under US $300,000. More luxurious 3-and 4-bedroom homes with ocean views are usually priced in the US $300,000 to US $350,000 range.
Another well-run project, located in the rolling hills above Sosua, offers a 2-bedroom home for US $139,000 that includes air-conditioned bedrooms and a swimming pool. Larger homes may be purchased in 3-and 4-bedroom configurations for up to US $230,000. The fabulous amenities in this project include a seaside restaurant, water park, and a large gym. The monthly maintenance fee is only $150 USD!