Geographic Information

Description of Dominican Republic

Occupying a majestic plot in the warm waters of the Caribbean, the Dominican Republic boasts the kind of natural beauty that’s almost painful to gaze upon. Over recent years and decades, property values have skyrocketed as the region’s popularity with tourists grew above and beyond all reasonable expectations. Today, the Dominican Republic is a paradise of luxury resorts, exclusive marinas and breathtaking beaches the likes of which make for a genuinely secure place for foreign property investment. Growth is expected to continue unabated for the coming years at least as the Caribbean’s largest economy continues to show its might as one of the world’s favourite destinations. Buying isn’t cheap and taxes on foreign investors tend to be high (29%), but the pay-off is usually more than worth the outlay.

Current Property Prices in Dominican Republic

23 properties listed for sale in Dominican Republic

1 bed apartments:

4 listed for sale
£73,412 to £116,947
Average: £97,740

2 bed houses:

1 listed for sale
£126,556 to £126,556
Average: £126,556

3 bed houses:

5 listed for sale
£296,409 to £1,787,500
Average: £862,188

4 bed houses:

1 listed for sale
£301,236 to £301,236
Average: £301,236

5 bed houses:

4 listed for sale
£609,303 to £2,402,075
Average: £1,335,205

How to Buy Overseas Property Safely

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Key Facts:

Currency: DOP
Time Zone: Standard Time Caribbean (UTC – 4:00)
DialCode: +1-809, +1-829, +1-849
Languages: Dominican Spanish
Capital: Santo Domingo
Population: 9,445,281
GDP: $62.484 billion