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
17 properties listed for sale in Dominican Republic
2 bed houses:
3 listed for sale£88,226 to £126,556
Average: £102,745
3 bed houses:
2 listed for sale£296,409 to £316,392
Average: £306,400
Key Facts:
Currency: DOPTime 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
Latest News & Features for Dominican Republic
Latest News
Watch – Thousands of Haitians leave Dominican Republic
“Limited optimism” in Caribbean property market
Dominican Republic looks East to hit 10 million tourist target
Canadians crave Dominican Republic property
Dominican Republic ranked as top destination for 2013
Investments Explained: Residential property
Dominican Republic joins world top 10 travel destinations
New law helps Dominican Republic housing develop
The Dominican Republic – a contender for best overseas property market?
Ecuador tops Global Property Index
Dominican Republic plans property survey
Dominican Republic’s White Sands Attract Expats
Caribbean Beach Bargains in the Dominican Republic
Hard Rock opens new Dominican Republic resort
Dream Dom.Rep trips ruined
Drug mule forces landing
DR offering ‘astonishing’ yields
Global phenomenon
Go Dominican Republic
Go Dominican Republic
“Limited optimism” in Caribbean property market
Dominican Republic looks East to hit 10 million tourist target
Canadians crave Dominican Republic property
Dominican Republic ranked as top destination for 2013
Investments Explained: Residential property
Dominican Republic joins world top 10 travel destinations
New law helps Dominican Republic housing develop
The Dominican Republic – a contender for best overseas property market?
Ecuador tops Global Property Index
Dominican Republic plans property survey
Dominican Republic’s White Sands Attract Expats
Caribbean Beach Bargains in the Dominican Republic
Hard Rock opens new Dominican Republic resort
Dream Dom.Rep trips ruined
Drug mule forces landing
DR offering ‘astonishing’ yields
Global phenomenon
Go Dominican Republic
Go Dominican Republic