Dominican Republic Real EstateThe Caribbean islands are well known for their warm tropical weather, crystal blue waters and having some of the most beautiful beaches in the world. Inland destinations include the bustling city of Santiago de los Caballeros near the north coast and the cooler highland cities of Jarabacoa and Constanza, which are located in the center of the country at 1,700 and 3,800 feet of elevation, respectively.
But Cesar Herrera Gutiérrez, the president and chief executive of Provaltur International, the exclusive affiliate for Christie's International Real Estate in the Dominican Republic, which has this listing, said prices for top luxury homes are stable, and in some cases have begun to rise.
John Schroder is the author of this article and his firm, Ascot Advisory Services, has been assisting clients for 17 years in The Dominican Republic with residency applications, citizenship applications, banking and investment accounts, and other legal services (real estate contracts and title transfer, company formation services).
Habi Dominicana Real Estate offers you a wide selection of beautiful villas for sale in the Dominican Republic as well as condos for sale in Sosua, and check out our homes and apartment for sale in Cabarete We can satisfy all tastes when it comes to real estate in the Puerto Plata.
There is more to buying this type of real estate than the old phrase, "location, location, location." While most condo hotels are located in desirable resort and business area locations, what is most important is a good franchise with a strong reservation system.
This 11 room boutique hotel property is a tropical paradise prime tourist district, within 5 minutes of everything, and offers an incoming www.dr-luxuryrealestate.com owner a growing source of income, easy operations of rooms with a bar and grill business, and the opportunity for growth if desired.
There are baby boomers who are at or nearing retirement and want somewhere they can "winter." There are also plenty of investors who purchase a condo hotel unit with little intention of ever using it; they're in it for the potential appreciation of the real estate.
Cabarete Real Estate established in 2003, is a reputable and established real estate company if you are considering investing in the Dominican Republic. The Dominican Republic Real Estate island real estate listings found here for the Dominican Republic includes houses, villas, land, condo's town homes and commercial properties for sale.
15,073 out of the 27,779 listed properties in the Dominican Republic are apartment rentals. Imagine waking up to the beautiful sunrise, enjoying your breakfast on the terrace of your home in The Dominican Republic, and getting ready to go out and enjoy all that our island has to offer.
If you prefer a resort lifestyle, you might like another development that offers condos in a golf and beach community. In the Cabarete area, the price of an oceanfront condominium in a central location starts at about US$120,000, while a similar condo in a hotel-style development is priced from around US$250,000, according to Parekh.