An Enticing Insight into the Dominican Republic Real Estate

An Enticing Insight into the Dominican Republic RE

The Dominican Republic is unique among Caribbean destinations for a number of important reasons. Large and diverse, the island country enjoys a tropical climate, lovely beaches, rich farmland, and a friendly, engaging population. Tourists find a wide array of attractions that will delight them from kite-boarding to horseback riding to white water rafting. Many return, year after year, and at some point, decide to invest in Dominican Republic Real Estate.

Dominican Republic RE

Endless beaches on the North Coast of the DR

The north coast of the Dominican Republic is widely regarded as the most scenic area of the country with its dazzling, wide beaches and lush coastal mountains. From Luperon to Cabrera, the visitor passes through historic towns like Puerto Plata, Sosua, and Cabarete. A sure sign that large-scale investment is coming is the recent opening of a major cruise ship port by Carnival Cruise Line. Many visitors, realizing that the area suits them, will choose to invest in real estate in this growing area.

Investing in Dominican Republic Real Estate in this beautiful country is very straightforward. Ownership of property by foreigners is absolute and relatively simple. The process is similar to that employed in European or US real estate transactions, and there are many competent attorneys who are able to handle the legal aspects of real estate ownership.

The Dominican Republic has become the most popular tourist destination in the Caribbean and consistently ranks in the top 5 for all the Americas. This popularity has spawned significant infrastructure growth in many areas with improved roads, bridges, airports and cultural centers. Where Punta Cana and La Romana have grown rapidly in recent years, the north coast is feeling the beginnings of a new wave of interest by tourists and those wishing to stay for the longer term.

Indeed, there are many opportunities for quality real estate investment on the north coast.  Condo and villa communities are found in many desirable locations and residences are available in every budget niche. From compact, efficient studio apartments near the beach in stylish, hip Cabarete to luxury villas in exclusive, gated communities like Sea Horse Ranch, the menu of choices is rich and varied.

Best of all, an investor in a residential property will find that the demand for rental properties almost guarantees a substantial return on investment. And if the owner decides to stay awhile, they will find that an affordable luxury lifestyle is well within their reach. Easy to reach from North America and Europe, the north coast region is served through the Puerto Plata International Airport as well as the fine airport at Santiago, a larger nearby city with great shopping, modern medical and dental facilities, and access to the celebrated mountain towns of Jarabacoa and Constanza. As many visitors have found, this is a great place to live!

Dominican Republic RE

Luxury Oceanfront Villa

The Author

Rachel Stinson has always had a knack for writing, analytics, food, fashion, and places. Blogging has combined all four for her with an added bonus of enthusiastic audiences. She expertly analyzes real estates, restaurants, and Dignam with respect to pricing and the people involved and can express her opinions in an unhesitant, engaging manner for all matters.

Dominican Republic Condo Market

Four compelling reasons to enter the Dominican Republic condo market this year!

Making any decision around buying real estate takes time and research. We understand the decision because we have been there. We often receive a wide variety of questions and queries around real estate buying and selling in general. However, one of the most common questions that often come to us is the value of buying condos in the Dominican Republic. Condos are a popular real estate choice in many areas of the world for reasons such as convenience and security. However, there are additional reasons that make buying a condo in the Dominican Republic a wise and solid investment.

Ocean One, Cabarete, Dominican Republic

Pool at Ocean One in Cabarete

1. With a high rental market, a condo is a fabulous investment to be used as both a short or long term rental property.

The quality of condo renters in areas with high international visitors such as the Dominican Republic is reassuring. Short term renters are most often families and/or couples that are simply looking for a safe and relaxing vacation destination. Many of those same visitors enjoy returning to the community time and again. Long term renters (commonly considered to be three to six months +) are quite often working professionals who are location independent. Many of them are homeowners in their own countries and are simply looking for an extended stay in a vibrant and exciting location. For those investors who are still working but want to have some place to return to consistently, renting a condo provides great peace of mind and return on investment.

Penthouse For Sale, Sosua Dominican Republic

Roof Terrace of Penthouse

2. Beach Front property is desirable and a condo affords that opportunity with the peace of mind of security and safety.

Living on the beach is a romantic ideal, but for many homeowners, the reality is that they need to carefully consider safety – especially if they are not on site full time. Condo properties on the north coast have 24-hour security and many of them have numerous security personnel throughout the property, ensuring peace of mind for residents. In particular, the Sosua and Cabarete areas have great infrastructure. This includes everything from great road, excellent private health care, and a consistent law enforcement presence available 24-7. Condo ownership allows for worry free experience anywhere, especially in the Dominican Republic. Each condo development that Select Caribbean Properties works with has established, trustworthy security and property management professionals. They understand the interests and concerns of condo owners and have a long history of happy residents and owners.

Select Caribbean Properties client, Dominican Republic

Happy clients and Sabine from Select Caribbean Properties

3. The Dominican Republic has been repeatedly cited as a hot market for real estate in the Caribbean.

The reasons for this are numerous, but the most popular aspects that are being pointed out is that property is still at an affordable market value. With a strong tourism industry and strengthening the economy, the Dominican Republic is gaining popularity as the world is taking notice of the potential.

4. The Dominican government welcomes international investors.

In fact, they go beyond welcoming them. A foreign investment law acted in December 1995 allows unlimited foreign investment in nearly all sectors of the economy. In 1997 the government established the Office of Investment Promotion (OPI) which is proving to be an important contact for potential investors. Today, twenty years later, we are seeing the fruits of those decisions as Cabarete, Sosua, and the surrounding area is continuing to grow, prosper and enjoy the benefits of being a vibrant community filled with friendly and outgoing residents.

Do you want to be one of them? Contact us today to discover the potential of becoming a condo owner in the Dominican Republic.

Dominican Republic Real Estate and Impressions of the Island

Enjoy this little journey of Dominican Republic Real Estate & Impressions which we put together for you.

Can you imagine how nice it would be to own a farm in the countryside of Jamao al Norte or a beachfront condo in Cabarete? How about a odern luxury villa in Samana, an apartment in Punta Cana, a lodge in Jarabacoa? There are so many wonderful possibilities!

A spot in Jamao al Norte can also become a business by turning it into a spa retreat, a boutique hotel, an eco-lodge/restaurant and much more options.

Or just to have your own little place on a hilltop with incredible mountain views and being able to enjoy nature everyday right outside your door.

If you are more of a beach kind of person we also have a great selection of beachfront condos and villas for you to choose from.

On our site, you will see a range of luxury villas and extraordinary penthouses to affordable apartments and fixed price homes.

Aside from existing homes, we also have lots and larger properties to build on, along with restaurants up for sale prepared to operate right away.

A space to retire to after long years of work, somewhere to find the peace within, a comfort zone away from home, your own property to live in and rent if you’d like from time to time, that is what we have for you here.

With us, you will receive a variety of choices where you can search Dominican Republic Real Estate & Impressions by pricing, a number of bedrooms or even by area of desire.

Experience living in the Caribbean by renting a place!

We also have many places that are available for rent, if you think that you would first like to live in the home a few days to get to know the area before actually committing to buy. This way you can experience the feel of the life you will have after purchasing.

If you are thinking of planning a vacation, then take a glance at our rental listings where we offer the best alternatives for your stay.

Contact us so we can help you find your dream home/vacation in the Caribbean.

I would love your thoughts on this too. Leave me a comment on my Facebook Page which is SelectCaribbean.

Click on the photos to see all the beautiful Dominican Republic Real Estate & Impressions.

 

5 Reasons to Buy Dominican Republic Real Estate

Are you looking at real estate in the Caribbean? Why consider buying in the Dominican Republic?

With a strong and stable economy, the Dominican Republic is continuing to grow and is attracting buyers from around the world.

The excitement is contagious – and there’s a reason why.

For example, the Dominican Republic’s real estate prices are among the lowest in the Caribbean.

However, don’t mistake low prices for low quality. The current low prices are actually a reflection of values to be discovered in the market.

Here are 5 reasons to consider purchasing real estate in the Dominican Republic.

1. Expansive Beachfront Bargains

Across the world, beachfront real estate remains in high demand. In fact, in most locations is also comes with a very high price tag.

However, this is not yet the case in the young luxury market of the Dominican Republic.

Beautiful villas and oceanfront condominiums are yet within the reach of many real estate investors.

Buy Dominican Republic Real Estate

Beachfront Condos in Cabarete

2. Rising Tourism

Tourism continues to grow in the Dominican Republic.

However, the quality of the tourism is also rising with the numbers. In 2016, we had 6 million visitors:

“While sun and beach remain the country’s most sought attractions, the Dominican Republic continues to work to expand its competitive offerings in the tourism marketplace.
Between adventurous Puerto Plata, lush Samaná, sunny Punta Cana, luxe La Romana, historic Santo Domingo and more, the country prides itself on offering something for every type of traveler and budget. ” (Dominican Republic Ministry of Tourism, 2016)

As you can see, there is a lot to get excited about the growth in the tourism market!

3. Strong Rental Yields

Tourism is changing the face of the rental market in the Dominican Republic. As a result, many visitors now seek apartments, condos, and villas for their stay.

In short, they want to have a more authentic experience of what life is like in this beautiful country.

As a result, tourism is rising much faster than the number of available units in the commercial sector. This is helping to create a great opportunity for private owners to achieve strong yields.

Dream villa in residential resort, Dominican Republic

Caribbean Dream Villa

4. Long Term Capital Growth Potential

Prices are low, tourism is growing, the economy is growing, and yields are good.

As the economy grows, the market’s stability improves. With continual infrastructure upgrades, eyes are quickly turning to our beautiful country.

This cycle is known to push up real estate values by a considerable amount over the long term.

5. Professional Help is Close at Hand

Navigating a real estate purchase in a foreign country can seem intimidating.

However, here in the Dominican Republic, we have excellent pathways to land and home ownership.

These pathways are found through working with trusted and reliable real estate agents. When choosing an agent, be sure to consider

  • experience and network
  • visible website client referrals
  • their ability to communicate with transparency
  • your own level of comfort

At Select Caribbean, we want to help you find the best fit for you. Contact us today and tell us how we can help you.

Unique Cabrera Oceanfront lot

Oceanfront Lot in Cabrera, Dominican Republic

Where to stay while hunting Dominican Republic Real Estate in Cabarete?

Where is the best place to stay while hunting Dominican Republic Real Estate in Cabarete?

Select Caribbean Properties will help to find a comfortable place to stay while hunting Dominican Republic real estate.

For some years now, we have had a close relationship with one of Cabarete’s best hotels. Hotel Villa Taina, a 57-room gem situated right on the famous Cabarete Beach, offers luxury accommodation and reasonable rates. Beautiful grounds, an award-winning beachside restaurant, and access to the wide range of water-sports activities for which the resort town of Cabarete is world-famous combine to create your perfectstay” while hunting Dominican Republic real estate.

Hunting Dominican Republic Real Estate

Beachfront Hotel Villa Taina

Well rested, your search for the best in Dominican Republic real estate will proceed. The knowledgeable staff of Select Caribbean Properties, a member of Leading Real Estate Companies of the World, will represent you well.

You’ve made the decision to work with Select Caribbean Properties to find your dream property in the Dominican Republic, whether it be an oceanfront condo, luxury villa, affordable home, mountain farm or established business.

Knowing before you arrive in the Dominican Republic that your accommodation needs have been secured will set you free to concentrate on the important life decisions that await you after your arrival in this beautiful Caribbean country.

The luxurious rooms, suites and apartments, many of them with inspiring views of Cabarete Bay, will ensure that your stay is comfortable and hassle-free. An attractive selection of meal plans is available, though all room rates include the well-known “all you can eat” beachside breakfast buffet.

After a fine sleep and sumptuous breakfast, you will be ready for an exciting day inspecting the properties selected for your consideration. Your Select Caribbean Properties professional will work closely with you to ensure that the real estate you will visit closely matches your needs and budget.

No one knows the north coast of the Dominican Republic more completely than Select Caribbean Properties, and our long-standing relationships with real estate attorneys, architects, builders, and subcontractors will mean that the process of selecting, acquiring and even staffing your Dominican Republic real estate will be seamless.

And after a busy day viewing your chosen condo, home or hilltop farm, you return to the lovely hotel Villa Taina where you might take a dip in the exquisite pool or try your hand at windsurfing or kiteboarding. You might choose to dine that evening at the hotel’s well-known beachside restaurant or you may stroll up Cabarete Beach with its wide selection of international restaurants and lively night bars.

Then, a moonlight stroll along the beach will bring you home again to the hotel Villa Taina. Perhaps a nightcap is in order…maybe a fine Dominican rum, taken beside the beach, as a fat moon drifts overhead and the trade winds caress you.

Hunting Dominican Republic Real Estate

Cabarete Beach

Hunting Dominican Republic Real Estate

Lounging at the hotel Villa Taina in Cabarete

 

Villa Windsong: An Exclusive Opportunity to Rent or Own in The Dominican Republic

We would like to introduce you to Villa Windsong, an exclusive real estate and rental opportunity on the north coast of Dominican Republic.

Villa Windsong is an elegantly appointed beachfront villa, located in one of the most prestigious gated communities on the north coast of Dominican Republic. In fact, we feel that it is a true reflection of the luxurious Caribbean lifestyle. Many people dream of living or staying here – are you one of them?

Villa Windsong is an amazing example of Cabarete real estate which is for rent and for sale and represented by Select Caribbean Properties.

A large part of the beauty of this home is the clever design and layout of the entire home and property. With five bedrooms and five and a half bathrooms, Villa Windsong is ideal for hosting large families or events. In fact, each one of the beautiful and luxurious bedrooms can be entered from a hallway along with a tropical garden or directly from the ocean side.

Spacious and well equipped, the villa’s kitchen is artfully designed and makes entertaining a pure joy.

Villa Windsong - Cabarete - Dom.Rep.

Kitchen of Villa Windsong

The marvel of this home, however, is the 200 square meter oceanfront living room that faces out over the Atlantic Ocean.

Sweeping, cathedral style ceilings allow the Caribbean breeze to flow freely throughout the home and out over the property. To provide unobstructed views of the ocean, all doors have also been designed to fold or retract toward the wall, adding to the unique and classic charm of this villa. It’s truly a beautiful space.

Outside those doors is an expansive infinity pool with the beach-style entrance. This pool area is surrounded by your own ocean front coco bar and outdoor pizza oven. Imagine the parties and family gatherings that could happen in this space!

Just beyond that area, the property extends out to a private beach that is also available for to explore and enjoy.

In addition to the beauty of the property, the entire building has a central water purification system. This thoughtful addition provides both peace of mind and convenience.

Beyond the principal home, there is also a staff area containing two separate bedrooms and bathrooms. Many members of the team have been working there since the beginning. All guests have enjoyed and commented on the quality of their care and help over the years.

The villa’s garage has parking space for up to four large vehicles, allowing for extra space in the driveway.

Villa Windsong is located in a very secure and welcoming neighborhood. The area contains homes and properties that are filled with locals and visitors, alike.

Nearby horse stables, tennis courts, and ocean view dining add to the charm of this location.

Sea Horse Ranch, Dominican Republic

Sea Horse Ranch Beach Club

In addition to all of the above, the surrounding area and the community are full of adventure and opportunities to explore. The best windsurfing and kiteboarding beaches on the island are only ten minutes away. The entire area is perfect for guests seeking different sports and ocean adventures.

Getting here is effortless. The Puerto Plata international airport is a quick 15-minute drive to the east. This allows for convenient and affordable access to and from the villa.

Does your heart want to call this your new home? Although Villa Windsong is currently a coveted vacation rental home, it’s also available to buy.

Beachfront villa between Sosua and Cabarete

Backyard of Beachfront Villa

Beachfront villa between Sosua and Cabarete

Living Room of Villa Windsong

Beachfront villa between Sosua and Cabarete

Pool at Night

Luxury Vacvation Rental Villa in Sea Horse Ranch Cabarete

Vacation Rental Villa with a private beach

SIX FAVORITE FEATURES ABOUT THIS SOSUA FAMILY HOME

DISCOVER THIS WONDERFUL SOSUA FAMILY HOME ON THE NORTH SHORE OF THE DOMINICAN REPUBLIC WITH OUR 6 FAVORITE FEATURES.

Six Favorite Features about this Sosua Family Home

Pool and garden area

1. THIS SPACIOUS SOSUA FAMILY HOME IS SITUATED IN A POPULAR GATED COMMUNITY 

Many new homeowners in the Dominican Republic, prefer to have the comfort of living in a gated community that allows them the peace of mind that this choice is able to provide. This particular FAMILY HOME is located in a family friendly oriented resort between Cabarete and Sosua. The management team is highly reputed for their great service, prompt assistance and dedication to facility maintenance.

2. THE SIZE OF THIS LUXURY SOSUA REAL ESTATE PROPERTY ACCOMMODATES MANY DIFFERENT OPTIONS FOR USE 

This Sosua family home has four bedrooms and four baths, with a den that could easily be converted into a fifth bedroom. PLUS, as a bonus, it also has an extra bedroom and bathroom that are separate from the house.

An extra room like this is ideal for things such as:

  • an in-law suite
  • a guest house
  • an older child who wants more privacy
  • a short term or long term rental option
  • guests that need to stay over unexpectedly

The size of the house is ideal as a family home and, alternately, also an attractive VACATION RENTAL PROPERTY for groups or families looking for a place to host small, multiple family vacations.

3. THIS SOSUA FAMILY HOME IS PERFECTLY MAINTAINED AND HAS ALL THE FITTINGS FOR THE TROPICAL CLIMATE 

Rain gutters, storm shutters and awnings on appropriate exposures may not be top of mind when you are thinking of your Caribbean dream home, but you will be glad for them when you need them!

This home really does take all of the elements into consideration, providing the homeowner ultimate peace of mind.

4. THE VAULTED CEILINGS MAKE IT A DECORATOR’S DREAM!  

Are you an art collector? This could be the home for you!

Perhaps you love to embrace wide, open space and create a calming, Zen quality in your home?

Or, it may be that you have a vision of filling this home with family and friends. Whatever you choose, this home can provide the space for it.

5. ALL APPLIANCES AND FURNITURE ARE INCLUDED 

The lovely galley kitchen is fitted with KitchenAid Appliances that are well maintained and suitable for this space.

The furniture is all beautifully appointed and custom made. It has been sourced from Honduras, Guatemala, Mexico, Venezuela and Chile.

The art is partially included and has come from all over the world.

6. THE PRICE IS FABULOUS FOR THE SIZE AND LOCATION OF THE SOSUA FAMILY HOME AND PROPERTY! 

At $475,000 USD, it is hard to imagine that you will get a living space of 3700 square feet (350 square meters) AND a property of .75 acres (2968 square meters).

The possibilities are incredible and it may not last long!

Does this sound like a villa that could suit your dreams of PROPERTY OWNERSHIP IN THE DOMINICAN REPUBLIC?

CONTACT US today and let us answer your QUESTIONS and tell you more about it!

Family home near Sosua and Cabarete, Dom.Rep.

Sosua Family Home

Could This be YOUR Caribbean Dream Home?

If you have ever wondered what your own Caribbean dream home could look like, this might be the home for you!

Many people dream of owning a home in the Caribbean – are you one of them?

As real estate agents, there are aspects of different properties that capture our attention as well. This particular property has many things to appreciate, but we thought we would give you some of our personal favorites.

Here are the Top 5 Things we Love About this Caribbean Dream Property

1. This dream home is located in a luxury gated community, in the hills between Cabarete and Sosua

Caribbean Dream Home - Dominican Republic

Panoramic Mountain View

What this really means is peace of mind, both when you are home and away. The luxury is evident when you see the property and the added peace the owner will have allows them to enjoy that aspect at all times.

2. This Caribbean Dream Home is situated in a spectacular natural environment 

High on a country hill and surrounded by over 10,000 square meters of beautifully landscaped property, it’s hard to beat the location of this beautiful home. The land is well preserved and maintains its natural beauty.

The surrounding area is perfect for trail riding. Because of this, some residents keep horses on their property. You don’t need a horse to enjoy it, but you might find yourself looking for one as soon as you move in!

3. The home is designed by an award-winning architect and built to the highest standards.

Your Caribbean Dream Home, Dominican Republic

Kitchen of the Caribbean Dream Home

It was built by the well known Nazario Construction Company from Puerto Plata.

Designed to be very low maintenance, it’s engineered to exceed local structural standards. It’s also complete with solar panels and inverter/battery bank.

It contains 3 bedrooms and 3-1/2 baths. The spacious open-plan living and dining area includes a luxurious custom mahogany kitchen with granite countertops. The building size is approximately 350 square meters (about 3650 square feet) including terraces and utility spaces.

As a bonus, the location of the house produces refreshing breezes to all rooms!

4. The surrounding area is showing strong economic growth and a thriving property market.

The green hills behind Cabarete and Sosua are home to a select few luxury gated communities.

Prices right now in the Dominican Republic market are still modest compared to most of the Caribbean. Now is the time to invest in property and this might be the perfect place to do that.

There is also a strong, lucrative tourist market in the area. Because of this, many owners rent their properties during certain seasons.

5. This Caribbean Dream Home is a perfect fit for a Caribbean lifestyle and a great investment property.

This villa would suit many lifestyles. It’s a perfect size and easy to maintain. It’s also set up for privacy for the owner yet has enough space to entertain several dozens or just a couple.

AND it may be the perfect dream villa for you!

Caribbean Dream Home - Dominican Republic

Pool and Terrace Area

Real Estate Magazine Displays Dominican Republic Properties

“World is Magnifique”, a new real estate magazine produced by RealtyGoldWorld, is presenting Select Caribbean Properties with real estate properties such as villas, homes, condominiums, farms, land and businesses in the Dominican Republic.

World Magnifique

World is Magnifique

“World is Magnifique”, a new real estate magazine produced by RealtyGoldWorld, introduces real estate professionals from around the world and highlights news and activities from selected real estate markets and in this magazine especially from the Dominican Republic. Based in Europe, and aimed primarily at the European market, the magazine showcases properties such as villas, condos, farms, land homes, plots, businesses for sale while striving to put real estate professionals together with discerning international real estate clients.

Read the magazine “World is Magnifique”  above. In it, Select Caribbean Properties is prominently displayed. Sabine Mertes, the company principal, is interviewed about current trends in both luxury and affordable real estate in the north coast region of the Dominican Republic.

Dominican Republic Real Estate

Select Caribbean Properties

As you have seen, the varied selection of real estate offerings featured in the article about Select Caribbean Properties reveals the range and extent of properties listed by our long-established real estate company. Select Caribbean Properties welcomes the opportunities available as a result of this coverage, and we are grateful to Tanino Mario for his production of the piece. We are confident that new partnerships will occur with other real estate companies from around the world and look forward to contact from direct buyers in many countries whose goal is to vacation, invest or live in the spectacular Caribbean paradise that is the north coast of the Dominican Republic.

We are confident that new partnerships will occur with other real estate companies from around the world and look forward to contacting from direct buyers in many countries whose goal is to vacation, invest or live in the spectacular Caribbean paradise that is the north coast of the Dominican Republic.

Beachside Eateries in Cabarete

Beachside Eateries in Cabarete – If you are looking for a nice, open-air restaurant on the beach with great views, music, and atmosphere, there are many to choose from at Cabarete Beach in the Dominican Republic.

Many restaurants and Beachside Eateries in Cabarete offering 2 for 1 food and drink specials at Happy Hour. Each restaurant offers different times to enjoy these specials. You could virtually find Happy Hour from 12 noon till 12 midnight!

Eze Bar at night

Cabarete at Night

Eze Bar and Beach Restaurant is at the east end of Cabarete beach near the Laser Training Center and offers breakfast, lunch and dinner items. Moving west on the beach you will find Lazy Dog Restaurant offering two Happy Hours per day; 4-6 pm and 10-midnight.

Eze Bar

Cabarete Beach Restaurant

Lax Bar offers theirs from 12-2 pm and 4-6 pm. Onno’s offers 2/1 pizza every night, plus 2/1 deals on many drinks. Continue west on your sandy walk and find VoyVoy, Kahuna, Havana Club and Los Gringos. Los Gringos offers Monday night Blues from 7-9 pm.

Cabarete Beach

Eaties at Cabarete Beach

Come enjoy the beauty and appeal of what Cabarete has to offer!